Ikano Bank credit card online Sweden requirements eligibility and limits

Can a simple Visa product really combine rewards, flexible repayment and travel protection without an annual charge?

This introduction gives clear, practical information about the Visa offering for Sweden. It highlights the no annual fee, how points are earned on every purchase, and how rewards post to the next statement.

The text also notes the maximum credit limit of up to 60,000 SEK and explains that the final limit depends on income, credit checks, and internal criteria.

Readers get a quick view of costs: a standard variable rate of 18.05% plus a 25 SEK monthly invoice fee, options for interest-free installments on eligible purchases with a 195 SEK setup fee, and a 1.5% foreign transaction fee.

Finally, the section previews practical rules: minimum payment of 5% (at least 100 SEK), direct debit as a way to avoid interest, travel insurance when 75% of travel is charged, PSD2 security with BankID, and 24/7 card blocking for lost cards.

Buyer’s guide to Ikano Bank credit card Sweden requirements and eligibility

Choosing the right product starts with understanding how interest-free periods and recurring costs work.

Check expected interest-free days — often around 45–60 — and compare that to how often they plan purchases. That helps decide whether to pay the account in full or carry a balance.

Review income stability and existing debt before applying. Lenders use these facts to set an initial limit and to approve any application. Also compare headline rates with monthly invoice fees and foreign transaction costs to see the real costs.

Think about usage: everyday purchases and travel earn points differently than big one-off buys. If they prefer steady payments, installment services on eligible purchases can work like a short loan, but terms differ from taking a separate loan.

Be ready with identity verification (BankID) and use app-based services for account monitoring and quick help. If debt becomes unmanageable, contact municipal budget and debt counselling via Konsumentverket for impartial support.

Quick checklist: main spending categories, travel frequency, needed limit range, and confidence in paying on time.

Ikano Bank credit card Sweden requirements eligibility

Before applying, applicants should know which personal and financial facts most affect approval and initial limits.

Typical checks include age, residency and a review of income and existing liabilities. The issuer uses this information to judge affordability and set an initial credit limit, which can be lower than the maximum 60,000 SEK.

Identity verification takes place in real time via PSD2 strong customer authentication and BankID. Providing accurate application information speeds decisions and reduces delays.

Pricing details — a standard variable rate of 18.05% and a 25 SEK monthly invoice fee — help applicants estimate affordability before they sign. Revolving credit works differently from a fixed-term loan: interest is charged only if the balance is not paid in full by the due date.

Installment choices for eligible purchases (6 or 12 months) are selected in the online service and affect monthly cash flow but not basic eligibility. Responsible use over months and on-time payments improve chances of a higher credit limit later.

Final approval always depends on the issuer’s assessment at the time of application, so applicants should prepare documentation and expect real-time checks.

Documents and information needed to apply online

A smooth application begins with a short checklist of documents and account details ready at hand.

Applicants should have their Swedish personal identity number and BankID to sign and verify the application securely. The bank will ask for recent income information and details of existing credit to set an appropriate credit line.

Contact details and a short residential address history speed things up. Applicants must also give permission for a credit check and may be asked about recurring payments and the previous card number if they plan to transfer subscriptions.

After approval, setting up the online account (“Mina sidor”) and downloading the app lets them follow status, enable card controls and set direct debit for payments. There is no application fee; later fees relate to usage and statements.

For help, contact support by secure message in the account or call 0476-88 000. Never share full card number details over unsecured channels; use the app messaging once the account is live.

How to apply for Ikano Kort online or in the app

Start the online apply flow by visiting the issuer’s official site or opening the mobile app and tapping the apply link. Authenticate with BankID (PSD2 SCA) and complete the application with accurate personal and income details.

Applicants consent to a credit check so the issuer can assess affordability and set an initial credit line. The form prompts a review of key terms such as the standard variable interest, the monthly invoice fee, and the no-annual-fee feature before the digital agreement is signed.

Many applications get a quick decision, but some take longer if extra documents or verification are needed. Once approved, create or log into the online account (“Mina sidor”) to enable alerts, add the new card to the app, and set up direct debit for the statement.

Use the app to enable security controls like online purchase toggles and regional locks even before the physical plastic arrives. Eligible purchases can later be placed on 6- or 12-month interest-free plans from the dashboard.

Keep the issuer’s support number (0476-88 000) handy for card blocking or help. Remember this is revolving credit, not a fixed loan, so it suits ongoing spending and flexible repayment rather than a single lump-sum payout.