Swedbank Latvia review

The monthly fee is €3.50. The median monthly fee across the brands listed on the site is €0, so this card sits above the typical price. It ranks 372 of 419 on monthly fee.

It is a debit card, so purchases draw on money already in the bank account rather than a credit line. There is no borrowing on this account, which suits people who prefer spending only what they hold.

Support runs through email and phone, so questions can be raised by phone or by email. Live chat and a self-service help centre are not listed, which may matter if you prefer written answers on demand.

The bank is headquartered in Latvia and has been running since 1997, which makes it a local institution rather than a foreign fintech. That suits residents who bank in a single market and want a local counterparty.

The card terms do not set out a currency conversion fee, so costs on foreign spending are worth checking with the bank before a trip. Across the site the median currency conversion fee is 1%, and the debit ranking median is 1%.

No free withdrawal allowance is listed for this card, so cash machine use may be charged. The median free withdrawal allowance across the site is €0, and the debit ranking median is €0.

Wise lists a monthly fee of £0, Varo Believe Secured Credit Card lists $0 and Chime Card lists $0. Swedbank Latvia charges €3.50, so the card is the more expensive of the group on a monthly basis.

It suits Latvian residents who spend mostly in a single currency and want a debit card from a bank founded in 1997. People who travel often, or who want no monthly charge at all, have cheaper options on the list.