Gold Credit Card

For shopping, traveling and everyday needs

Travel insurance for the whole family traveling together
No commission fee for cash withdrawal up to 750 EUR
40-days interest-free period
180-day purchase insurance

* The offer is valid if you haven’t had this type of credit card before or if at least 18 months have passed since termination of agreement on the same type of credit card.

It takes only 2 minutes to fill in the application

Access credit limit before card arrives

Manage your card easily in the mobile app

Credit limit from 600 EUR
Extensive worldwide travel insurance package for the cardholder and their family.
180-day purchase insurance is valid for most items purchased with credit card payment or by transfer from a credit card account.
Interest-free period of up to 40 days on the credit card limit drawn.
Cash withdrawals without fee up to 750 EUR in Latvia and worldwide. In case of using the ATMs of other banks, the operator of the respective ATM network may charge an ATM service fee according to the price list. If cash is withdrawn in the ATMs of other banks, the amount of that transaction will be debited from the account within 2 business days.
Discounts and special offers (content in Latvian language).
Book and pay for hotels and use car rental services.
You can also take out extra cards for your family members. Each additional cardholder enjoys the same privileges as you.

documentTerms of Use of Credit Cards

Manage your credit card via Internet Banking and the Swedbank mobile app: block and unblock, manage limits and make repayments on the go.
New! Now you can check your PIN code and payment card details in our app. Easily access the card number, expiry date, and Security code/CVC2 code for all your active cards and view your PIN code in case you have forgotten it.
In the Swedbank mobile app, see a list of websites that your digitized card is linked to. Watch the tutorial.
You can start using the credit limit right after signing the credit card agreement - even before the card arrives.
You can transfer money, make payments and withdraw cash in ATMs directly from your credit card account.
Contactless payments - you'll be able to pay up to €50 by just tapping the card to the terminal. No PIN, no hassle, just quick and safe shopping.
Contactless payments with supported e-wallets.
Cash deposit and withdrawal in ATMs.

When to pay back your used credit limit?

No interest will accrue if you repay the amount of the credit limit you have used during the current month by the 10th day of next month.
Important! The interest-free period does not apply to cash withdrawals and transfers from limit account.

Monthly card fee – 5,00 EUR.
Card production and delivery by post - 2 EUR, to the branch - 4 EUR.
Interest rate from 16% per year. It is set for each customer individually.

Card ordered on a business day:	Time and place of receipt
	Spice or Ķīpsala branch	Other branches or card delivery to an address
by 12.30	Within 5 hours	On next business day
by 12.30	On next business day	On business day after the next

Service		Price, EUR
Receiving
Ordering the card	Easier via Internet Banking	Free of charge	The card delivery method can be selected via Internet Banking.
Card production and delivery	Best value by post	2.00-4.00 By post in Latvia - 2.00 At branches - 4.00	The fee is debited automatically after activation of the card. The fee for a card produced after expiry of the previous card's validity period is payable by the customer in the last month of the validity period of the previous card or after activation of the card.
Accelerated production and delivery of card options		35.00	Accelerated production and delivery of cards can be ordered at a branch or by calling us on 67 444 444. The card can be collected at our branches or at a delivery address specified by the customer to the bank after the decision is made if the credit limit for the credit card has not yet been approved. Part of this fee (a minimum of 20 EUR) is transferred by the bank to third parties for the card delivery service.
Using
Monthly fee		5.00	The fee is debited from the account linked to the credit card on the monthly payment date set in the agreement. The fee is debited automatically for each month when the card has been in customer’s use.
Purchases in Latvia and abroad		Free of charge
Currency exchange mark-up		2%	The fee is charged if the transaction (purchase or cash withdrawal) is made in a currency other than the card currency. Information about current exchange rates is available on the websites of the international card organizations www.mastercard.com and www.visaeurope.com
A transfer from the credit card account		See Payments	Fees for transfers from the credit card account are identical to those for payments from the current account.
Cash transactions		See Cash transactions in ATMs and retail outlets
Purchase Insurance		Free of charge	More about Purchase Insurance.
Travel Insurance		Free of charge	More about Travel Insurance.
Interest-free period		Until following month's 10. date	The interest-free period applies to card purchases only. The interest-free period does not apply to cash withdrawals and transfers.
Interest rate per annum on amount outstanding		From 16%	The interest rate is set individually and depends on the customer’s credit history, amount of loan obligations, and transfers of regular income to their account with Swedbank.
Exceeding the credit limit and using the credit limit not repaid on time		0.167% of the exceeded amount per day	Excess and overdue penalty.
Early partial repayment of credit	Easier via Internet Banking	Free of charge
Changes in the credit card agreement		Free of charge
Balance in ATMs
In Swedbank ATMs in Latvia		Free of charge
- In ATMs of other banks		0,40
Printout of last 5 transactions in Swedbank ATMs in Latvia		0.20
Emergency cash assistance in Western Union service points		42.00	In cases of loss or blocking of the card.
Claim processing		Free of charge	If processing of the claim involves obtaining documentary proof of transactions, then a fee will be charged to the amount of the actual cost of the service.
Closing
Closing the card	Easier Internet Banking and the mobile app	Free of charge	Cards can be easily and quickly suspended in the mobile app, and will be closed automatically within 10 days.

Effective from 01.10.2021.

Apply for the credit card via Internet Banking.
We will inform you of the decision by phone or via SMS.
Read the conditions, accept them and sign the agreement*.
After signing the agreement, you can immediately start using the credit card limit.
Your card will arrive within 5 working days.
When you receive your card, log in to Internet Banking or in mobile app and activate it there*.

*New lending transactions may be concluded and credit cards may be activated via Internet Banking between 7 AM and 10 PM. Automated aggregation and registration of data on transactions concluded during the day takes place after 10 PM and, pursuant to the Consumer Rights Protection Law, it is prohibited to enter into consumer lending contracts during night time until 7 AM.

Income

Your after-tax income must be at least EUR 450 (for Platinum EUR 670) per month.
You must be earning a steady income for at least 6 consecutive months and your probation period must be over.

Obligations

Monthly expenses for covering your credits may not exceed 40% of your monthly income.
You may not have outstanding credits in Swedbank or from other creditors or unpaid bills for different services.
Be ready to submit the official documents evidencing the income if the expected source of repayment is not a salary/wages.

Bicycle got stolen
Child tore their winter parka in kindergarten
Glasses got broken
Computer got damaged
Skis got broken
Surfing equipment got damaged
And many more

document Purchase Insurance Terms and Conditions

document Purchase Insurance for Swedbank Credit Card Holder IPID

Purchase insurance applies to goods purchased with credit card at stores and online.
It compensates expenses on repair or replacement of durable goods* in case of theft, damage or destruction even if it was done unintentionally by the card holder himself.
It applies to most purchases incl. clothing, sports equipment, tech gadgets etc. for 180 days from the day of purchase.
To file insurance claim, you need to present the purchase document or payment information.

* Durable goods are items with a lifespan of at least 3 years. The lifespan of a product is determined by the manufacturer.

Sums insured are determined for each insured item, insured event and calendar year.

One item 1000 EUR
One insured event 2000 EUR
One year 4000 EUR
Special group of Insured Items 400 EUR*
Excess per insured event is 30 EUR

* Computers, computer parts and external devices; mobile phones; glasses, incl. sunglasses; watches; unique items, jewellery (incl. precious stones, precious metals and pearls); items made of fur.

Many expenses connected with unwanted travel changes (flight cancellations, delays, travel interruption etc.).
The limit for medical assistance per insured person is now 1 million EUR.
Lost or stolen luggage.
Injuries while traveling (incl. skiing, swimming pool accidents etc.).
Need for legal assistance.
Trip cancellation due to illness.
And other situations.

Travel insurance will keep you safe from unwanted worries and, most importantly, from unexpected expenses while enjoying your holidays.
Travel insurance is in force for the cardholder and their family* travelling together with the cardholder at no extra charge.
Travel insurance is valid if you have an active credit card agreement during your travel, even if you’ve purchased the trip with other card and before taking out the credit card.
If you travel with your family even just once a year, the travel insurance with credit card will pay off.

* The travel insurance is valid for family members travelling together with you: the spouse or life partner sharing the same household, your children and grandchildren up to and including 17 years of age (or up to and including 21 years of age the child is a full-time student).

	Gold Credit Card	Platinum Credit Card
Credit card fees	The monthly fee is EUR 5, including free travel insurance	The monthly fee is EUR 17, including free travel insurance
Insured persons	Entire family travelling together	Entire family travelling together
Insured risk	Sum insured per one person insured up to (EUR)	Sum insured per one person insured up to (EUR)
Medical assistance (cost)	1 000 000 EUR	1 000 000 EUR
Insured risk	Sum insured/limit per one credit card up to (EUR)	Sum insured/limit per one credit card up to (EUR)
Personal belongings (damage, theft)	1000 EUR	2500 EUR
Travel itinerary / schedule change	2000 EUR	3500 EUR
Delay in departing flight (by over 4 hours)	300 EUR	500 EUR
Luggage delay (4 hours)	300 EUR	1000 EUR
Liability insurance	10 000 EUR	20 000 EUR
Legal assistance	1000 EUR	10 000 EUR
Bail	3000 EUR	5000 EUR
Rental car CASCO		40 000 EUR (deductible 250 EUR)
Deductible	50 EUR* (140 EUR for mobile phones, tablets, laptops)	No deductible
Coverage	Insurance cover applies automatically**.
Validity	Valid until the expiration date of the credit card agreement for the first 3 months of the trip.
Terms	document Travel Insurance Terms & Conditions for Gold Credit Card document Gold credit card Travel Insurance Information Document	document Travel Insurance Terms & Conditions for Platinum Credit Cards document Platinum credit card Travel Insurance Information Document

* Excess applies to insured events related to property insurance, travel itinerary changes and liability and legal assistance insurance.

** The insurance cover enters into force from the moment when the credit card agreement is concluded and remains in force as long as the credit card agreement continues in force.

A credit card is a payment card with which you can pay for goods and services in shops and online. A credit limit of funds is made available on the credit card. The advantage of a credit card is the free benefits that come with it – purchase and travel insurance, partner offers, etc.

If you pay with a credit card and spend your own personal money, you don't have to pay interest for it. If you use the credit limit made available on your credit card account, you will have to pay interest on the amount drawn.

An interest-free period means that you do not have to pay interest on purchases if you make them within a certain period and repay the amount drawn by the end of the interest-free period. No interest is payable on purchases made with the Gold Credit Card before the end of the current month if the credit limit drawdown is repaid by the 10th date of the following month (inclusive).

Credit and debit cards are payment cards that can be used to pay for goods or services. When paying by credit card, you can use both your own money and borrowed money. On the other hand, you can only use your personal funds when paying with a debit card. A credit card offers various extra benefits, such as purchase and travel insurance.

Shortly before the credit card expires, the bank makes a new card with a new expiry date and mails it to the address specified by the customer. After receiving the card, it must be activated via Swedbank Internet Banking under “Cards” > “My cards”.

You can order a new credit card in the “Cards” > “Credit cards” section of the Internet Banking site by filling in the information required in the application form. Once the application is approved, the card will be mailed to the postal address specified.

If you've lost your card, forgotten your PIN or something else has happened, you can request replacement of the card via Internet Banking under “Cards” > “My cards” > “Replace card”. A replaced credit card has the same expiry date as the previous card and is sent to the postal address specified.

The Gold Credit Card comes with included travel insurance that protects the whole family from unexpected worries and expenses. The insurance is valid if you have an active credit card agreement at the time of travel, even if you bought the trip with another card and before the credit card was taken out.

To pay with the credit card in online shops, activate the “Internet shopping” feature via Internet Banking under “My cards” or in our mobile app under “Cards” > “Settings”.

A new card is produced and delivered within 4–6 working days after a positive decision has been made on granting the credit card.

The card’s PIN can be checked in the Swedbank mobile app under “Cards” by tapping the “Card PIN” button. You can change it at your nearest Swedbank ATM by selecting “Other operations” > “Change PIN”. A renewed card will have the same PIN as the previous card.

In the “Cards” section of the mobile app, tap the “Add Apple Wallet” button, confirm with Smart-ID PIN2 and tap “Next”. To add the card to Apple Pay, read and accept the terms. After acceptance, the card will be added to Apple Pay.

In the “E-wallets” section of the Swedbank mobile app, tap the “Manage” button and select the card to be added. The action must be confirmed with Smart-ID PIN2 and the terms must be read and accepted. In a text message, you will receive a code to be entered in the “E-wallets” section and will need to tap “Continue”. To pay with Google Pay, set it as your default payment method.

If you wish to receive a card with a new expiry date, apply for the same type of credit card by completing the application form and entering a comment in the “Additional information” field regarding the production of a new card with a longer validity period.

Take care of your safety with Travel Insurance which now includes Covid-19 insurance cover.

For trips taking place starting from 6 May 2021 we're offering a Travel Insurance Covid-19 cover without any additional fee.

Under the Travel disruption cover of the supplementary Covid-19 insurance we will compensate trip cancellation costs if, prior to the start of your trip, you have contracted Covid-19 or been identified as a close contact person of someone who is in isolation or quarantine in accordance with the nationally stipulated procedure.

The supplementary insurance is valid while abroad, if your insurance covers Medical assistance and/or Travel disruption risks, and any of the following preconditions apply:

You have received a negative SARS-CoV-2 RNS or antigen test result within 72 hours prior to the start of the trip. In this case the supplementary insurance is valid for 30 days.
You have been infected with Covid-19 within the last 6 months and you have fully recovered.
You have a certificate of full vaccination against Covid-19.

For example, we will compensate medical expenses related to treating Covid-19 abroad, cost of accommodation and additional transport costs if you are not allowed to travel by public transport due to Covid-19 symptoms.

Damages incurred due to travel disruptions or trip cancellation caused by actions or decisions of national authorities, including decisions related to the pandemic (such as closing borders, requiring compulsory self-isolation by persons arriving to the country) shall not be compensated.

Carefully consider the need to go abroad.

Learn more

Best choice for your purchases and occasional travels abroad.

Swedbank's best travel insurance, access to airport lounges and rental car insurance.

Insure yourself against a sudden illness or unemployment in the amount of credit card liabilities.

Card related questions and card claims

Insurance related questions and claims

phone+371 67 444 449
Insurance is provided by Swedbank P&C Insurance AS Latvian branch.

Make insurance claim

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Gold Credit Card