You will shortly receive a new FOREX Credit Card sent to you as FOREX is changing credit card issuer to Entercard Group AB (Entercard). You can use your current card as usual until March 4th. On March 5, you must change cards and start using your new one.
|
Category |
Information |
|---|---|
|
Price |
225 SEK per year |
|
Regional block |
Block purchases in different geographic regions in the Credit Card Portal |
|
Credit |
You can apply for credit of SEK 10,000 – 80,000 and you have up to 56 interest-free days |
|
Transfers and payments to the card |
Yes, payment in your Internet and mobile banking. The OCR number can be found on the bank statement and in the Credit Card Portal |
|
Secure online purchases |
Yes, via Mastercard Identity Check |
|
ATM withdrawals, Sweden |
Equivalent to 5 000 SEK per withdrawal and a maximum of 20 000 SEK per rolling 7 days. Local deviations may occur |
|
ATM withdrawals, abroad |
For withdrawals outside the EU, there is no withdrawal fee. Within the EU, a withdrawal fee of 2%, at least 40 SEK, is charged. NB! The local bank may charge a fee for the withdrawal |
|
Purchases in foreign currency |
No currency markup |
|
*Invoice terms |
Every month, you will receive an invoice where the previous month's purchases and withdrawals are reported. The cut-off date for the bill is around the 4th of each month. If you buy something, for example, on 7 September, it does not need to be paid until the October notice, which is due on the last day of October. If, on the other hand, the purchase is completed on 3 September, the purchase will be on the September notice and must be paid no later than the end of September. If you pay the entire balance of the period on the invoice, no costs will be added (apart from any paper fee). |
|
**Calculation example |
Annual interest rate on credit drawdown, currently 16.24% (2024-10). A used credit of SEK 20,000 that is repaid over 12 months gives an effective interest rate of 20.80%. Total amount to pay: 23 560 kr. Average amount/month: SEK 1,963, incl. administration fee. |
|
Administration fee |
Annual fee 225 SEK. Administration fee for credit withdrawal: currently 25 SEK/month. If you pay your entire closing balance each month, no interest or administration fee will be charged. The card is issued in cooperation with Nordea Finance, which is the lender. |
|
Card issuer |
The card issuer is Nordea Finance Sverige AB (publ), org.nr 556021-1475/VAT group no. 663000019501. The Board of Directors is based in Stockholm. |
Every month, you will receive an invoice where the previous month's purchases and withdrawals are reported. The cut-off date for the bill is around the 4th of each month. If you buy something, for example, on 7 September, it does not need to be paid until the October bill, which is due on the last day of October. If, on the other hand, the purchase is completed on 3 September, the purchase will be on the September notice and must be paid no later than the end of September. If you pay the entire balance of the period on the invoice, no costs will be added (except for any paper fee).
Annual interest rate on credit drawdown, currently 16.24% (2024-09). A used credit of SEK 20,000 that is repaid over 12 months gives an effective interest rate of 20.80%. Total amount to pay: 23 560 kr. Average amount/month: SEK 1,963, incl. administration fee.
Annual fee 225 SEK. Administration fee for credit utilization: currently 25 SEK/month. If you pay your entire closing balance each month, no interest or administration fee will be charged. The card is issued in cooperation with Nordea Finance, which is the lender.
The card issuer is Nordea Finance Sverige AB (publ), org.nr 556021-1475/VAT group no. 663000019501. The Board of Directors is based in Stockholm.