Updated September 29, 2026 · DebitCue Editorial Team
Erste Bank Austrian Miles & More Premiumcard vs Swedbank Mastercard
Erste Bank Austrian Miles & More Premiumcard
Swedbank Mastercard
Higher score in this comparison
What sets them apart
| Compare | Erste Bank Austrian Miles & More PremiumcardReviewSee alternativesSee alternatives | Swedbank MastercardReviewSee alternativesSee alternatives |
|---|---|---|
| Annual fee | €0 | SEK 195 |
| Rewards type | Miles | None |
| Perks | Redeem miles at the till with MilesPay anywhere Mastercard is accepted, 1 mile per 1 EUR of SEPA transfer volume, max 20,000 miles per billing cycle (2.5% transfer fee), Promotional 2.1% p.a. interest on the card credit balance until 30.11.2026, Credit card and Miles & More service card in one card, Repay the statement monthly, in instalments or in full by transfer | Travel insurance with cancellation cover, delayed departure and delayed baggage cover, Purchase insurance: all risk, price guarantee and extended warranty, no deductible, Up to 55 days interest free credit on purchases, Free extra card (0 kr per year), Rental car excess reduction up to SEK 30,000, Optional payment protection (betalningsskydd) at extra cost, Balance transfer (saldooverforing) to an account |
| APR | Not confirmed | 13.55% |
| Currency conversion fee | Not confirmed | 1.65% |
| Rewards rate | 1 mile per 2 EUR of card spend | Not confirmed |
Same on both: Card kind (Credit).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Swedbank Mastercard scores higher overall: 9.4 vs 9.2.
- Perks: only Erste Bank Austrian Miles & More Premiumcard offers Redeem miles at the till with MilesPay anywhere Mastercard is accepted, 1 mile per 1 EUR of SEPA transfer volume, max 20,000 miles per billing cycle (2.5% transfer fee), Promotional 2.1% p.a. interest on the card credit balance until 30.11.2026.
- Perks: only Swedbank Mastercard offers Travel insurance with cancellation cover, delayed departure and delayed baggage cover, Purchase insurance: all risk, price guarantee and extended warranty, no deductible, Up to 55 days interest free credit on purchases.
- Support channels: only Erste Bank Austrian Miles & More Premiumcard offers Email.
- Features: only Erste Bank Austrian Miles & More Premiumcard offers Rewards.
- Features: only Swedbank Mastercard offers Travel.
Our verdict on each
Erste Bank Austrian Miles & More Premiumcard
The Erste Bank Austrian Miles & More Premiumcard is a Mastercard credit card that earns airline miles, with an annual fee of €0 and a monthly fee of €5.50. It suits Miles & More members who pay the statement in full each month and put everyday spend on the card.
Swedbank Mastercard
Swedbank Mastercard suits Swedish card holders who want travel and purchase cover built into the card rather than points, and who can clear balances at 13.55%. The case for it rests on the insurance, purchase protection and the Mastercard network, and the annual fee of SEK 195 has to earn its place.
Score breakdown
| Area | Erste Bank Austrian Miles & More Premiumcard | Swedbank Mastercard |
|---|---|---|
| Cost | 9.3HigherAnnual fee of €0 with a monthly fee of €5.50, against most credit cards at €0. | 8.9The annual fee of SEK 195 sits above the credit field median, €0, and the upper quartile, €11.55. |
| Offer | 9.2 | 9.2 |
| Trust | Not confirmed | 10.0 |
How they place
| Ranking | Erste Bank Austrian Miles & More Premiumcard | Swedbank Mastercard |
|---|---|---|
| Credit cards | 124 of 1020 | 94 of 1020 |
| Travel cards | 97 of 443 | 60 of 443 |
Every fact side by side
| Fact | Erste Bank Austrian Miles & More Premiumcard | Swedbank Mastercard |
|---|---|---|
| Pricing model | No annual fee | Not confirmed |
| Features | Rewards | Travel |
| Audience | Business | Not confirmed |
| Legal entity | Deutsche Bank AG | Swedbank AB (publ) |
| Headquarters | Germany | Sweden |
| Founded | Not confirmed | 1820 |
| Support channels | Email, Phone, Help centreCovers more | Phone, Help centre |
Debit cards
| Fact | Erste Bank Austrian Miles & More Premiumcard | Swedbank Mastercard |
|---|---|---|
| Monthly fee | €5.50 | SEK 0 to SEK 195 |
| Free ATM withdrawals | Not confirmed | SEK 0 |
| Card network | Mastercard | Mastercard |
Where each stands against the rest
| Fact | Erste Bank Austrian Miles & More Premiumcard | Swedbank Mastercard | Median |
|---|---|---|---|
| APR | Not confirmed | 13.55%below the median | 19.39% |
| Currency conversion fee | Not confirmed | 1.65%above the median | 1% |
Median across 312 listed cards.
Pros and cons
Erste Bank Austrian Miles & More Premiumcard
Pros
- Annual fee of €0, ranking 1 of 301 brands on that measure.
- Earns 1 mile per 2 EUR of card spend in miles on card spend, and the same card carries the Miles & More service card.
- Miles can be redeemed at the till with MilesPay anywhere mastercard is accepted.
Cons
- A monthly fee of €5.50 applies, while the site median monthly fee is €0.
- The earn rate is 1 mile per 2 EUR of card spend, so a balance builds slowly against card spend.
- The reward is miles only, and just 2% of cards on the site pay that way, so there is no cashback route.
Swedbank Mastercard
Pros
- Travel insurance comes with the card, with cancellation cover, delayed departure and delayed baggage cover.
- Purchase protection adds all-risk cover, a price guarantee and an extended warranty with no deductible.
- Purchases get an interest-free credit window and a balance transfer option is available.
Cons
- An annual fee of SEK 195 is charged, where Varo Believe Secured Credit Card charges $0, Wise charges £0 and Chime Card (Secured Visa Credit Card) charges $0.
- There is no rewards scheme on the card, with the rewards type recorded as none.
- Cash withdrawals are not free, since the free ATM withdrawal allowance is SEK 0.
Who each suits
Erste Bank Austrian Miles & More Premiumcard
Who it suits
- Miles & More members who want miles on everyday card spend and can pay the statement in full each month.
- People who often pay at the till and want to use miles directly at the checkout with MilesPay.
- Card users after a credit card with an annual fee of €0 on the mastercard network.
Who should look elsewhere
- Wise, which also charges an annual fee of £0, suits readers who want low day to day card costs instead of miles on every purchase.
- Varo Believe Secured Credit Card, a secured card with an annual fee of $0, fits a secured line rather than a monthly fee of €5.50.
- Chime Card (Secured Visa Credit Card), with an annual fee of $0, suits a secured Visa setup rather than a miles earn rate.
Swedbank Mastercard
Who it suits
- People in Sweden who want travel insurance and purchase protection included on the card.
- Card holders who clear balances most months and are comfortable borrowing at 13.55%.
- Travellers who want cancellation and baggage cover without arranging a separate policy.
Who should look elsewhere
- Anyone put off by a yearly charge: Varo Believe Secured Credit Card sets its annual fee at $0 and Wise at £0.
- People who want to earn from spending, since the rewards type here is none.
- Card holders who rely on cash machines abroad, with the free withdrawal allowance at SEK 0.
Current offers
Erste Bank Austrian Miles & More Premiumcard
Current offer
Bonus
Miles & More Gold Credit Card welcome bonus: 4,000 miles and 40 points
Application 01.07.-31.12.2026 and card issued; for customers without a Miles & More credit card from Deutsche Bank AG in the past 12 months; 12-month minimum term; not for applicants with frequent flyer status; miles and points clawed back on switch or cancellation within 12 months
Source, checked September 26, 2026
Bonus
Miles & More Blue Credit Card welcome bonus: 500 miles and 40 points
Application 01.07.-31.12.2026 and card issued; for customers without a Miles & More credit card from Deutsche Bank AG in the past 12 months; 12-month minimum term; miles and points clawed back on cancellation within 12 months
Source, checked September 26, 2026
Bonus
Fast Lane to Frequent Traveller status: 650 EUR or 80,000 miles
Gold Credit Card holders only, bookable by 30.09.; status valid until 28.02.2027; once per cardholder
Source, checked September 26, 2026
Swedbank Mastercard
Current offer
First period offer
0 kr annual fee the first year and free for Nyckelkund: 0 kr first year (ordinary price 195 kr/year)
New Betal- och kreditkort Mastercard; fee free while you are a Nyckelkund. Entercard Group AB is the credit provider and Swedbank the credit intermediary.
Source, checked September 26, 2026
Country by country
| Country | Erste Bank Austrian Miles & More Premiumcard | Swedbank Mastercard |
|---|---|---|
| Austria | Yes | No |
| Sweden | No | Yes |
Questions about each
Erste Bank Austrian Miles & More Premiumcard
What does this Miles & More card cost?+
The annual fee is €0 and the monthly fee is €5.50, which puts it at rank 1 of 301 brands ranked on annual fee. The site median annual fee is €0 and the median monthly fee is €0, so the monthly charge is the figure to watch.
How are miles earned on the card?+
Card spend earns 1 mile per 2 EUR of card spend and the reward type is miles. SEPA transfers build miles for a transfer fee, with a cap on miles per billing cycle, and a promotional interest rate applies to the card credit balance for a limited period.
Swedbank Mastercard
How much does it cost to keep this card?+
The annual fee is SEK 195 and borrowing is priced at an APR of 13.55%. Foreign spending costs a currency conversion fee of 1.65%. A card used mainly for its insurance still has to earn back the annual fee each year, which is the number to test against how often you travel.
What is the cheapest way to borrow on this card?+
The APR is 13.55%. Purchases get an interest-free credit window, and a balance transfer option is listed, so an existing balance can be moved onto the card. Anyone planning to carry a balance should check the window covers the borrowing period, because the rest of the balance is charged at the APR.
Other options to compare
Erste Bank Austrian Miles & More Premiumcard
Swedbank Mastercard