Swedbank review
Updated September 28, 2026 · DebitCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Swedbank's credit card suits Swedes who want travel insurance and interest-free credit on a big trip rather than points or cashback. Its strongest side is what holding it costs, with a monthly fee position of 1 out of 419 among the cards compared.
Key facts
- Best for
- A Swedish traveller who wants card insurance and interest-free credit more than rewards.
- Monthly fee
- SEK 0 to SEK 195 (Source, checked September 26, 2026)
- Currency conversion fee
- 1.65% (Source, checked September 26, 2026)
- Free ATM withdrawals
- SEK 0 (Source, checked September 26, 2026)
- Card network
- Mastercard (Source, checked September 26, 2026)
- Legal entity
- Swedbank AB (publ) (Source, checked September 26, 2026)
- Headquarters
- Sweden (Source, checked September 26, 2026)
- Founded
- 1820 (Source, checked September 26, 2026)
- Support channels
- Phone, Help-centre (Source, checked September 26, 2026)
- Features
- Travel
- Official website
- swedbank.se
Credit cards
- Annual fee
- SEK 195 (Source, checked September 26, 2026)
- APR
- 13.55% (Source, checked September 26, 2026)
- Currency conversion fee
- 1.65% (Source, checked September 26, 2026)
- Rewards type
- None (Source, checked September 26, 2026)
- Perks
- 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 (Source, checked September 26, 2026)
- Card kind
- Credit (Source, checked September 26, 2026)
- Legal entity
- Swedbank AB (publ) (Source, checked September 26, 2026)
- Headquarters
- Sweden (Source, checked September 26, 2026)
- Founded
- 1820 (Source, checked September 26, 2026)
- Support channels
- Phone, Help-centre (Source, checked September 26, 2026)
- Features
- Travel
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
Pros and cons
Pros
- Travel cover is built in, with cancellation, delayed departure and delayed baggage cover plus rental car excess reduction.
- Purchase insurance adds all-risk cover, price guarantee and extended warranty with no deductible.
- Interest-free credit on purchases and a free extra card add value on top of the SEK 195 annual fee.
- Help is available by phone and help centre.
Cons
- The currency conversion fee of 1.65% ranks 148 out of 259, so foreign spend costs more than on most cards here.
- Free ATM withdrawals come to SEK 0, so cash at home or abroad is not free.
- The rewards type is none, so nothing comes back on everyday spending.
Who it suits
- Swedes who want travel insurance and rental car excess reduction on the card itself.
- People paying down an existing balance, since a balance transfer is offered alongside an APR of 13.55%.
- Anyone comfortable getting help by phone and help centre.
Who should look elsewhere
- Wise, for anyone who wants a monthly fee of £0 and no card charge to weigh up.
- Bitpanda, when a monthly fee of €0 and a spend-only card fit the plan.
- Starling Personal Account Debit Card, for a debit account at a monthly fee of £0 rather than a credit card.
How it compares on our data
On our data, Swedbank's monthly fee ranks 1 out of 419. The two travel rows sit much lower: the currency conversion fee is at 148 out of 259, and free ATM withdrawals at 41 out of 115. Holding the card is cheap, spending abroad and taking out cash are not.
The company behind it
The card is issued by Swedbank AB (publ), headquartered in Sweden and founded in 1820, so it sits with a long established Swedish bank rather than a new entrant. Customer service runs on phone and help centre, with phone lines and a help centre doing the work instead of chat or email.
How Swedbank compares
9.3 vs 9.4
9.3 vs 9.0
9.3 vs 8.9
9.3 vs 9.2
9.3 vs 8.8
9.3 vs 8.5
9.3 vs 8.5
9.3 vs 9.0
9.3 vs 8.8
9.3 vs 8.8
9.3 vs 8.7
9.3 vs 9.2Its monthly fee of €0 keeps holding costs at nothing for everyday spending.
9.3 vs 9.0
9.3 vs 8.9
9.3 vs 8.8
9.3 vs 9.6
9.3 vs 9.4
9.3 vs 9.4
9.3 vs 9.2
9.3 vs 9.1
9.3 vs 9.1
9.3 vs 9.1
9.3 vs 9.1
9.3 vs 8.8
9.3 vs 8.8- 9.3 vs 8.8
- 9.3 vs 8.8
9.3 vs 8.8- 9.3 vs 8.8
9.3 vs 8.5
9.3 vs 8.5
9.3 vs 8.5
9.3 vs 8.3
9.3 vs 8.2
9.3 vs 8.0
9.3 vs 8.0
Where Swedbank is available
- Available
- Sweden
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does the Swedbank credit card cost to hold?+
The annual fee is SEK 195 and monthly fees of SEK 0 to SEK 195 depend on the version you pick. No reward scheme comes with it: the rewards type is none. Borrowing on the card is charged at an APR of 13.55%, and a balance transfer is available if you are moving a balance across.
What does it cost to spend abroad?+
A purchase in another currency carries a conversion fee of 1.65%. That places Swedbank at position 148 out of 259 on our data, so holiday spending works out dearer than on the cheaper alternatives here.
Can I take out cash without paying?+
Free ATM withdrawals come to SEK 0, which puts Swedbank at 41 out of 115 on our data. Cash at home and abroad will cost you, so plan to pay by card for most of a trip.
What protection comes with the card?+
The card is a credit card built around travel, and the travel cover is the centrepiece: cancellation cover, delayed departure and delayed baggage cover, plus purchase insurance with all-risk cover and no deductible, and rental car excess reduction.
What help can I get from Swedbank?+
Customer service runs on phone and help centre. Phone is the main route, with a help centre for written questions, which suits anyone who prefers picking up the phone to writing in and chasing a reply.
Who is this card for?+
It suits Swedes who want insurance and credit flexibility on their travels rather than points, since the rewards type is none. The interest-free credit period on purchases and the free extra card add practical value on top.
Which network does the card run on?+
Swedbank's card runs on the mastercard network, so acceptance abroad is broad, which suits a traveller carrying a single card. Help is available by phone and help centre if a payment is declined away from home.
Can I move an existing balance onto the card?+
Swedbank offers a balance transfer, called saldooverforing, onto the card, which helps you move an existing balance and pay it down at the card's APR of 13.55%. Optional payment protection is available at extra cost on top.
Sources
- en.wikipedia.org/wiki/Swedbank checked September 26, 2026
Backs: Founded, Headquarters
“Founded 1820; 206 years ago (1820)”
- swedbank.se/privat/kort/jamfor-vara-kort.html checked September 26, 2026
Backs: Rewards type
- swedbank.se/privat/kort/kreditkort.html checked September 26, 2026
Backs: Card kind
- swedbank.se/privat/kort/kreditkort/kreditkort-mastercard.... checked September 26, 2026
Backs: Annual fee, APR, Free ATM withdrawals, Features, Currency conversion fee, Legal entity, Monthly fee, Card network, Perks, Support channels
“Ränta 13,55 % (2025-10-01); Effektiv ränta 13,50 %”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Card type, Protection.
Related by the facts
Swedbank
A Swedish traveller who wants card insurance and interest-free credit more than rewards.