TF Bank AT review

The card carries an annual fee of €0 and a monthly fee of €0, so there is no ongoing charge to hold it. What you do pay for is borrowing, at an APR of 25.09% when you carry a balance from month to month.

The currency conversion fee is 0%, against 1% across the cards compared. It is a credit card on the mastercard network, so it is accepted wherever that network is taken and nothing is added when the balance is converted.

Rewards come as cashback rather than points or miles, and many cashback offers sit across merchants. The rate you earn depends on which offer is live at the time you spend, so it is worth checking the running offers before a large purchase.

The listed perks cover travel insurance, which helps anyone taking the card abroad or booking trips. The card sits in the no annual fee group, so the extras arrive with no annual charge attached, and the credit setup means revolving credit rather than a prepaid balance.

The legal entity behind the card is Avarda Bank AB, and the listed regulator is Finansinspektionen in Sweden. Support for the account runs through email and phone, so questions about the licence or the paperwork can go straight to the bank.

Support runs through the channels in email and phone, so you can either pick up the phone or send an email. Anything urgent is quicker by phone, while email suits document questions that need a written trail.

It suits people who clear the balance each month and would rather not pay a card fee, since the annual fee is €0 and the currency conversion fee is 0%. If you carry a balance, weigh the APR of 25.09% against cheaper borrowing first.

The card is a mastercard card, so acceptance follows that network rather than a local one. Anyone who wants a Visa product, or who needs a different network in a particular market, should look elsewhere, since mastercard is the only network set for this card.