Swedbank review

The annual fee on the Platinum credit card is €24, well above the site median of €0. That is the number to weigh first, because it applies for as long as the card is open. Cards such as the Varo Believe Secured Credit Card charge $0 instead.

Borrowing on the card is priced at 19% to 22%, a range rather than a single rate. The site median across the cards listed sits at 20.97%, so treat the range as the cost of not clearing the balance in full. The card also offers an interest-free period (interest free period) on purchases.

Spending abroad adds a currency conversion fee of 1% on the Mastercard network (mastercard). That matches the site median of 1% and leaves the card at rank 81 of 181 on that measure, so foreign spending is not the reason to pick it.

No. The rewards type on the Swedbank Platinum card is none (none), so nothing comes back on everyday spending. That places it among the cards with no rewards rather than the cashback group. The value on offer rests on the interest-free period, not on points.

Yes. The range covers a debit card (debit) and a credit card (credit), both running on Mastercard (mastercard). The debit card covers everyday spending from a current account, while the Platinum credit card adds the interest-free period (interest free period) alongside the €24 annual fee.

The debit side is aimed at student and kids accounts (student and kids), so younger customers are a stated target. The credit card suits people who pay in full each month and want the interest-free period, rather than anyone planning to carry a balance at 19% to 22%.

The cost part of the rating comes out at 3.4, with an overall score of 3.4. The drag is the €24 annual fee, with borrowing at 19% to 22% and no rewards to offset either, so the card leans on the interest-free period (interest free period).