Swedbank Mastercard review: fees, rewards, APR and perks - DebitCue Skip to content
DebitCue

Select your country to see available cards

Card eligibility and availability depend on your country of residence. Setting it now lets us hide cards that are not offered in your country.

Swedbank Credit card
Swedbank Mastercard
No rewards
MASTERCARD
Apply for Swedbank Mastercard

On Swedbank's secure site

Compare similar cards
Credit card Swedbank Mastercard

Card review

Swedbank Mastercard

3.8 3.8 out of 5 7.6/10 DebitCue Score Verified

Low-rate Mastercard credit card with travel and purchase insurance

Fee
195 SEK/yr (≈ $19)
Free for the first year; permanently free for Nyckelkund (Key Customer) package holders
Purchase APR
from 13.5%
Interest-free
-
Foreign fee
1.65%
Rewards
No cashback or bonus points programme on the standard card

Our verdict

What stands out, and where it falls short.

What we like

  • Travel insurance included
  • Pay in installments

Worth weighing

  • 195 SEK/yr (≈ $19) card fee
  • 1.65% foreign transaction fee

Who It Is For

Whether the Swedbank Mastercard fits how you actually spend.

Pick it if you are

  • Frequent travelers
  • People who want rewards on their spending
  • People who pay big purchases off over time

Skip it if you are

  • Light spenders who won't beat the 195 SEK/yr (≈ $19) fee
  • Frequent international travelers

Rates and fees

As of

All amounts shown in SEK.

Card fee
195 SEK/yr (≈ $19)
Purchase APR
from 13.5%
Interest-free period
-
Foreign transaction fee
1.65%
Annual fee
195 SEK (0 SEK year 1 / Nyckelkund)
Nominal interest rate
13.55 % (from 2025-10-01, variable)
Effective APR
13.50 %
Cash advance fee
3 % (min 45 SEK)

Rewards and features

Rewards
No cashback or bonus points programme on the standard card
Installments
Revolving credit; minimum monthly payment 3 % of balance or 150 SEK. Full balance payment avoids interest.
Pay with
Apple Pay, Contactless
Interest-free days
Up to 55 days
Credit limit range
20,000–100,000 SEK

Benefits and perks

Extras that come bundled with the card.

  • All-risk purchase protection
    Covers accidental damage, price guarantee and extended warranty up to 25,000 SEK
  • Travel cancellation insurance
    Coverage up to 90,000 SEK for unforeseen cancellation costs
  • Rental car deductible waiver
    Covers rental car deductible up to 30,000 SEK
  • Extended product warranty
    1 additional year on top of the manufacturer's warranty for electronics and appliances

Eligibility

What you need before you apply.

Minimum age
18 years
Minimum monthly income
10,417 SEK

Swedbank Mastercard: your questions answered

How much does the Swedbank Mastercard cost?
The Swedbank Mastercard costs 195 SEK/yr (≈ $19). Free for the first year; permanently free for Nyckelkund (Key Customer) package holders.
What rewards does the Swedbank Mastercard earn?
The Swedbank Mastercard earns No cashback or bonus points programme on the standard card.
Does the Swedbank Mastercard charge foreign transaction fees?
Yes - the Swedbank Mastercard charges a 1.65% foreign transaction fee.
What is the interest rate on the Swedbank Mastercard?
The Swedbank Mastercard has a purchase APR of from 13.5%.
Can I pay in installments with the Swedbank Mastercard?
Yes - Revolving credit; minimum monthly payment 3 % of balance or 150 SEK. Full balance payment avoids interest..
Is the Swedbank Mastercard a credit, debit or prepaid card?
The Swedbank Mastercard is a credit card issued by Swedbank on the Mastercard network.
Does the Swedbank Mastercard support Apple Pay and Google Pay?
The Swedbank Mastercard works with Apple Pay.
Where can I get the Swedbank Mastercard?
The Swedbank Mastercard is currently offered in Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia and 22 more.
How does DebitCue rate the Swedbank Mastercard?
DebitCue rates the Swedbank Mastercard 3.8 out of 5 (7.6/10), scored on the same factors as every card - fees, rewards, perks and ease of use.
How do I apply for the Swedbank Mastercard?
Use the Apply now button to continue on Swedbank's secure site. Comparing and applying through DebitCue is free.

Before you decide

Alternatives to the Swedbank Mastercard

Browse all cards
Nordea Credit card
Nordea Credit
No rewards
MASTERCARD
3.5 3.5 out of 5
Best for rewards
Credit card Nordea - Mastercard

Nordea Credit

7.0/10

A basic Mastercard credit card with no frills and an affordable monthly fee

No rewards Pay in installments
Fee
€2.99 EUR/mo (≈ $3)
Interest
from 23.3%
Interest-free
30 days

Why we like it

  • K-Plussa loyalty card linkage available. Mastercard Priceless benefit gives…
  • Pay in installments
Apply now On Nordea's secure site View details
Citi Credit card
Citi® / AAdvantage® Executive World Elite Mastercard®
Miles
MASTERCARD
4.7 4.7 out of 5
Best for lounge access
Credit card Citi - Mastercard

Citi® / AAdvantage® Executive World Elite Mastercard®

9.4/10

Complimentary Admirals Club membership and premium American Airlines perks.

Miles No FX fee
Fee
$595 USD/yr
Interest
19.49% - 29.49%
Interest-free
-

Why we like it

  • 10X AAdvantage miles on hotels and eligible car rentals…
  • Welcome bonus
  • No foreign transaction fees
  • Airport lounge access
Apply now On Citi's secure site View details
Nubank Credit card
Nubank Ultravioleta Mastercard Black
Cash back
MASTERCARD
4.7 4.7 out of 5
Best for lounge access
Credit card Nubank - Mastercard

Nubank Ultravioleta Mastercard Black

9.4/10

Brazil's leading premium metal card — instant cashback, IOF-zero abroad, and Priority Pass lounges

Cash back Pay in installments No FX fee
Fee
89 BRL/mo (≈ $16)
Interest
2.75% - 19.99%
Interest-free
-

Why we like it

  • 1.25% instant cashback on all credit purchases (or 2.2…
  • Welcome bonus
  • No foreign transaction fees
  • Airport lounge access
Apply now On Nubank's secure site View details
Chase Credit card
Chase Aeroplan® Card
Points
MASTERCARD
4.6 4.6 out of 5
Best for travel insurance
Credit card Chase - Mastercard

Chase Aeroplan® Card

9.2/10

Air Canada's US card — 3x on groceries, dining, and Air Canada at $95/year

Points No FX fee
Fee
$95 USD/yr
Interest
19.74% - 28.24%
Interest-free
-

Why we like it

  • 3x groceries/dining/Air Canada, 1x all else; up to 1,500…
  • Welcome bonus
  • No foreign transaction fees
  • Travel insurance included
Apply now On Chase's secure site View details