Collector Bank credit card online Sweden eligibility and fees

Curious whether this popular travel and everyday spending option really fits a typical Swedish budget?

The card is a globally accepted Mastercard used in over 210 countries. It carries a clear 195 årsavgift and offers up to 56 räntefria dagar on purchases when the full statement is paid on time.

Basic standards require applicants to be at least 20 years old, show a stable annual income of 200,000 SEK or more, and have a clean payment history. Identity is verified with BankID and a preliminary response appears after applying via the app or web.

A representative example shows a 20,000 SEK charge at an årlig kreditränta of 18.65% over 12 months. With 45 interest-free days used, the effektiv ränta becomes 18.67%, the totala beloppet to repay is 21,874 SEK, and the monthly amount is 1,822 SEK.

Read on to läs mer about fees, travel perks, and how cash withdrawals may raise costs.

Why choose Collector Easyliving in Sweden right now

Choosing a payment tool with travel protection and no extra foreign exchange charges makes trips simpler. The plan includes a 0% foreign currency fee, travel insurance, cancellation protection, and a rental car excess waiver when trips are booked with the product.

Rewards are practical: Mastercard Travel Rewards can give up to 25% savings at more than 300 stores, restaurants, and hotels abroad and when shopping with participating merchants. There is also a free extra card for family use and no invoice fee unless a paper statement is chosen.

The solution offers up to 56 dagars räntefri and flexible repayment options, letting users use räntefria dagar or spread costs when needed. Kom ihåg that bundled insurance reduces the need to buy separate travel policies.

For those comparing andra sätt to manage travel spending, this kreditkort hos a major network combines wide acceptance and clear perks, making it a practical pick for everyday use and planned trips.

Collector Bank credit card Sweden online eligibility

Understanding the basic criteria and process helps applicants decide if applying makes sense. Applicants must be at least 20 years old and show a permanent annual income of 200,000 SEK or more.

They should have no payment remarks and demonstrate steady repayment ability. Applications are submitted via the app or web and use BankID for secure identification.

A preliminary decision appears quickly after submission. During the process the user selects a desired kreditbelopp 000 and Collector assesses the request to approve a limit up to 50,000 SEK.

Approved accounts offer up to 56 interest-free days. If a customer chooses installments, interest applies only to the remaining balance carried forward, not purchases paid within the räntefri period.

Monthly statements list all transactions and månatliga avbetalningsbelopp to help track spending. The product also allows a free extra card for shared household use.

Applicants should check income and obligations before they apply to avoid surprises. For a full checklist and tips to andra sätt utnyttja the benefits, läs mer in the following sections.

Transparent fees, rates, and real examples

Knowing exact fees and a concrete repayment example makes budgeting easier. The annual fee is 195 SEK and there are no invoice charges unless a paper statement is requested. Purchases can be interest-free for up to 56 dagars räntefri when the full statement is paid on time.

The representative example uses a 20,000 SEK balance with an årlig kreditränta 18,65 and 12 monthly installments. With 45 interest-free days used, the effektiva räntan 18,67 applies from 2023-11-01.

The totala beloppet återbetala in this scenario is 21,874 SEK, which motsvarar månadsbelopp 822 of 1,822 SEK per month over 12 months. This example assumes no avgift kontantuttag or similar fees.

Using cash withdrawals or other fee-bearing transactions can leda högre and produce a högre effektiv ränta. They should check product conditions, fees, interest rates and rights before applying and läs mer in the full terms to compare totals.

Interest-free days and how repayment works

Monthly billing gives cardholders clear choices: pay the full statement by the due date to keep purchases interest-free or opt to split part of the balance into installments. Up to 56 räntefria dagar apply, so smaller buys can stay cost-free when settled on time.

The issuer allows purchases to be split for up to 36 months. If a balance is carried, interest applies only to the unpaid portion, not to items paid within the dagars räntefri window.

The monthly statement consolidates all activity so they can see totals by merchant and category. This makes it easier to sätt utnyttja krediten wisely — pay in full when possible and split larger expenses when cash flow is tight.

In the representative example, 45 räntefria dagar nyttjats and the remaining balance was spread over 12 months. That scenario shows how nyttjats uppgår effektiva and helps explain how uppgår effektiva räntan affects the final cost.

Families can add a free extra card so all purchases appear on one statement. Regularly reviewing the annual rate helps those who often revolve balances estimate likely monthly costs and plan repayments.