Business Gold Credit Card

A card enabling additional money and secure travelling for your company

  • Make transfers via internet bank and mobile app directly from your credit card account.
  • Withdraw money from ATMs and pay for goods and services in Lithuania and abroad.
  • Free travel insurance for the card holder and his/her three colleagues.
  • Priority Pass Membership Card.

Information regarding potential risks

Improper fulfilment of your financial obligations increases your funding costs and can negatively affect your credit history; moreover, if the agreement is terminated due to a material violation on your side, forced debt recovery may be launched and you may lose your ownership right to the pledged property.

Card for your daily financial affairs

A credit limit of 300-32 000 €.

There is an interest-free period of up to 41 days (from the purchase until the payment date) when paying by card. Interest is calculated from the moment you make a credit transfer or withdraw cash from your credit card account.

It is important for shopping online to be convenient and secure. In order to pay with the card online you must activate Secure Internet Shopping.

Activate Secure Internet Shopping

Manage user rights and limits easily

Several cards can be ordered and linked to a single account for employees.

Individual usage limits and rights can be set and modified via Internet Bank and Mobile Bank (Android only) for each cardholder:

  • Allow or disable various card transactions like payments, withdrawals, deposits, ATM payments can user having full profile in Internet Bank.
  • Contactless functionality can be disabled or enabled by company’s Internet Bank user having profile „All transactions“ to card account.
  • In Mobile Bank rights and limits can be managed by company’s legal representative having the sole right of representation according to the commercial register.
Priority Pass Membership and travel insurance included

The credit card includes an extensive travel insurance package, which applies to the card holder as well as 3 colleagues travelling with him/her across the whole world.

The sums insured apply for all insurance cases, regardless of how many times they occur during the trip.

The travel insurance is provided by Swedbank P&C Insurance AS branch in Lithuania.

Travel insurance product information document

Read more about the insurance terms and conditions

The Priority Pass Membership Card offers you an opportunity to escape the airport noise and pass time in comfortable VIP lounges between your flights.

Read more about Priority Pass

  • The card can only be issued to companies that have operated for at least six months.
  • When applying for a credit card, you must specify the desired credit limit, card holder(s), purchase and cash withdrawal limits.
  • Depending on the company’s turnover and credit history, the minimum credit limit is 300 € and the maximum 32 000 €.
  • Please be aware that during limit granting process some additional documents could be requested. For example your last annual report if it is not submitted to the commercial register. The submitted balance and income statement must not be older than 12 months.
  • The card will be delivered to a branch of your choice within up to 5-10 business days.
  • The agreement must be signed by legal representative and after that the card could picked up in branch by card holder.

Business Debit Card

Contactless Mastercard

Applies to cards issued from 01-10-2016.

Name of service or transaction Fee, EUR / Limit
The card is valid for 3 years
Card issuance fee1 EUR 10
Card issuance fee, where the card can be used for cash depositing transactions only1 EUR 8
Card renewal fee Free of charge
Monthly card administration fee2 EUR 2
Monthly card administration fee, where the card can be used for cash depositing transactions only2, 3 EUR 0.50
Replacement of card in case it is lost or damaged. Change of the card and PIN code at the customer’s request EUR 5.79
Delivery of card by post1:
In Lithuania Free of charge
Abroad EUR 5.79
Collection of card in a Swedbank, AB branch1, 4 EUR 1.45
Cash withdrawal
At Swedbank, AB, Swedbank AS (Estonia), Swedbank AS (Latvia) and Swedbank (Sweden) ATMs 0.5 %, min. EUR 0.58
In branches of other banks and other than Swedbank, AB, Swedbank AS (Estonia), Swedbank AS (Latvia) and Swedbank (Sweden) ATMs 2 %, min. EUR 2.90
In service provision points of other partners5 0.5 %, min. EUR 0.87
Cash depositing in Swedbank, AB ATM 0.07 %
Currency Exchange fee when transaction is made not in euro6 2,45 %
Checking the account balance at ATMs (which have this technical capacity) Free of charge
Payment of invoices in Swedbank, AB ATM Free of charge
Change of PIN code in Swedbank, AB ATM Free of charge
Blocking of lost card Free of charge
Security programme Free of charge
Receipt of an invoice copy at the customer’s request:
For payments by card in Lithuania EUR 1.45
For payments by card abroad EUR 5.79
Standard limits of transactions7
Maximum total daily amount for payments by card for goods and services EUR 8, 700
Maximum total daily amount for cash withdrawal EUR 2, 900
Maximum total monthly amount for cash depositing at ATMs of Swedbank, AB (Valid from 2018.08.01)8 EUR 15, 000
Maximum total daily amount for payments in ATMs EUR 2, 900
Security programme terms and conditions
Period of time for reporting about card blocking 24 hours
Maximum amount of loss a bank client is not compensated EUR 28.96
Maximum amount of loss a bank client is compensated Standard daily limit of transactions (payment for goods and services)

1The fee is deducted from the client’s bank account at the time of card activation.
2Monthly card administration fee is deducted from the client’s bank account for the current month on the 15th day of every month after the activation of a new or renewed card.
3If a card which could be used for cash depositing transactions only is granted the right to perform other transactions in the Swedbank internet bank for corporate customers or in the bank’s office as well (for instance, cash withdrawal, payment for goods and services, etc.), in such case, the card will be subject to a monthly card administration fee.
4The fee is charged only to cards issued from 01-07-2017.
5For more details about partners that provide cash withdrawal services for cards issued by Swedbank, AB visit website www.swedbank.lt.
6When card transaction is made in currency other than euro (including a cash-out with a card), conversion to euro is being calculated using „Mastercard International“ or „Visa Europe Services Inc“ currency exchange rate at transaction processing day and increasing the amount by value stated in the pricelist.
7At the client’s request, standard daily limits of transaction and periodicity can be changed.
8Upon the Bank’s approval, a bigger than standard limit for depositing cash at ATMs of Swedbank, AB may be set, which is valid until the date of expiry of the card.

Business Credit Card

Visa

Applies to cards issued from 01-10-2016.

Name of service or transaction Fee, EUR / Limit
The card is valid for 3 years1
Card issuance fee2 EUR 15
Card renewal fee Free of charge
Monthly card administration fee3 EUR 3
Replacement of card in case it is lost or damaged. Change of the card and PIN code at the customer’s request EUR 5.79
Cash withdrawal
At Swedbank, AB, Swedbank AS (Estonia), Swedbank AS (Latvia) and Swedbank (Sweden) ATMs 2%, min. EUR 2.03
In branches of other banks and other than Swedbank, AB, Swedbank AS (Estonia), Swedbank AS (Latvia) and Swedbank (Sweden) ATMs 2%, min. EUR 2.90
In service provision points of other partners4 2%, min. EUR 2.03
Cash depositing in Swedbank, AB ATM 0.07%
Checking the account balance at ATMs (which have this technical capacity) Free of charge
Credit limit
Granting of credit limit Free of charge
Credit limit interest rate 18%
Deadline for repayment of used credit The 1st day of the next month
Period for free of charge credit5 Until the nearest credit repayment date
Share of the used credit that must be repaid on a monthly basis 0% or 5%6
Minimum amount of credit limit EUR 300
Currency Exchange fee when transaction is made not in euro7 2,45 %
Change of PIN code in Swedbank, AB ATM Free of charge
Blocking of lost card Free of charge
Unblocking card, when it was blocked due to non-repaid used credit EUR 5.79
Security programme Free of charge
Receipt of an invoice copy at the customer’s request:
For payments by card in Lithuania EUR 1.45
For payments by card abroad EUR 5.79
Standard limits of transactions8
Maximum total daily amount for payments by card for goods and services EUR 8, 700
Maximum total daily amount for cash withdrawal EUR 2, 900
Maximum total monthly amount for cash depositing at ATMs of Swedbank, AB (Valid from 2018.08.01)9 EUR 15, 000
Security programme terms and conditions
Period of time for reporting about card blocking 24 hours
Maximum amount of loss a bank client is not compensated EUR 28.96
Maximum amount of loss a bank client is compensated Standard daily limit of transactions (payment for goods and services)

1All other issued cards linked to the same credit limit account shall have the same expiry date as the first issued card. For this reason, if a new card is issued at a later date, its period of validity will be less than 3 years.
2The fee is deducted from the client’s bank account at the time of card activation.
3Monthly card administration fee is deducted from the client’s bank account for the current month on the 15th day of every month after the activation of a new or renewed card.
4For more details about partners that provide cash withdrawal services for cards issued by Swedbank, AB visit website www.swedbank.lt.
5It is a period during which no interest rate is paid for unused funds of the credit which were paid for purchases and services by paying by card. This period is set from the moment the funds of the credit are debited to the nearest date of credit repayment.
6To be set individually.
7When card transaction is made in currency other than euro (including a cash-out with a card), conversion to euro is being calculated using „Mastercard International“ or „Visa Europe Services Inc“ currency exchange rate at transaction processing day and increasing the amount by value stated in the pricelist.
8At the client’s request, standard daily limits of transaction and periodicity can be changed. Transactions in the credit limit account without using a card are subject to the limits of transactions specified in the Agreement on the Provision of Electronic Services.
9Upon the Bank’s approval, a bigger than standard limit for depositing cash at ATMs of Swedbank, AB may be set, which is valid until the date of expiry of the card.

Business Gold Credit Card

Visa Gold

Applies to cards issued from 01-10-2016.

Name of service or transaction Fee, EUR / Limit
The card is valid for 3 years1
Card issuance fee2 EUR 30
Card renewal fee Free of charge
Monthly card administration fee3 EUR 10
Replacement of card in case it is lost or damaged. Change of the card and PIN code at the customer’s request EUR 5.79
Cash withdrawal
At Swedbank, AB, Swedbank AS (Estonia), Swedbank AS (Latvia) and Swedbank (Sweden) ATMs 2%, min. EUR 2.03
In branches of other banks and other than Swedbank, AB, Swedbank AS (Estonia), Swedbank AS (Latvia) and Swedbank (Sweden) ATMs 2%, min. EUR 2.90
In service provision points of other partners4 2%, min. EUR 2.03
Cash depositing in Swedbank, AB ATM 0.07%
Checking the account balance at ATMs (which have this technical capacity) Free of charge
Credit limit
Granting of credit limit Free of charge
Credit limit interest rate 15%
Deadline for repayment of used credit 10th day of the next month
Period for free of charge credit5 Until the nearest credit repayment date (until the 41st day)
Share of the used credit that must be repaid on a monthly basis 0%
Minimum amount of credit limit EUR 300
Currency Exchange fee when transaction is made not in euro6 2,45 %
Change of PIN code in Swedbank, AB ATM Free of charge
Blocking of lost card Free of charge
Unblocking card, when it was blocked due to non-repaid used credit EUR 5.79
Security programme Free of charge
Travel insurance Free of charge
Personal travel planning Free of charge
Priority Pass card
Issuance Free of charge
Fee for use of the service7 EUR 28
Receipt of an invoice copy at the customer’s request:
For payments by card in Lithuania EUR 1.45
For payments by card abroad EUR 5.79
Standard limits of transactions8
Maximum total daily amount for payments by card for goods and services EUR 8,700
Maximum total daily amount for cash withdrawal EUR 2, 900
Maximum total monthly amount for cash depositing at ATMs of Swedbank, AB9 EUR 15, 000
Security programme terms and conditions
Period of time for reporting about card blocking 24 hours
Maximum amount of loss a bank client is not compensated EUR 28.96
Maximum amount of loss a bank client is compensated Standard daily limit of transactions (payment for goods and services)
Travel insurance protection measures and insurance amounts10
Medical insurance
Treatment and transport costs EUR 500, 000
Emergency dental care EUR 200
Acquisition of additional medical aid tools EUR 200
Accident insurance
Death of the insured due to an accident EUR 10, 000
Trauma insurance EUR 10, 000
Personal belongings insurance EUR 2, 000
Travel protection insurance
Changes in route / schedule (including cancelling or discontinuation) EUR 2, 000
Change of flight ticket EUR 150
Departure delay:
For more than 4 h EUR 150
For more than 24 h EUR 300
Luggage delay for more than 4 h EUR 1, 000
Civil liability and legal assistance insurance
Civil liability EUR 20, 000
Legal assistance EUR 1, 000
Deposit EUR 3, 000

1All other issued cards linked to the same credit limit account shall have the same expiry date as the first issued card. For this reason, if a new card is issued at a later date, its period of validity will be less than 3 years.
2The fee is deducted from the client’s bank account at the time of card activation.
3Monthly card administration fee is deducted from the client’s bank account for the current month on the 15th day of every month after the activation of a new or renewed card.
4For more details about partners that provide cash withdrawal services for cards issued by Swedbank, AB visit website www.swedbank.lt.
5It is a period during which no interest rate is paid for unused funds of the credit which were paid for purchases and services by paying by card. This period is set from the moment the funds of the credit are debited to the nearest date of credit repayment.
6When card transaction is made in currency other than euro (including a cash-out with a card), conversion to euro is being calculated using „Mastercard International“ or „Visa Europe Services Inc“ currency exchange rate at transaction processing day and increasing the amount by value stated in the pricelist.
7For one visit per person in the airport’s lounge.
8At the client’s request, standard daily limits of transaction and periodicity can be changed. Transactions in the credit limit account without using a card are subject to the limits of transactions specified in the Agreement on the Provision of Electronic Services.
9Upon the Bank’s approval, a bigger than standard limit for depositing cash at ATMs of Swedbank, AB may be set, which is valid until the date of expiry of the card.
10More details about terms and conditions of insurance services are provided on the bank’s website.

Fees charged for temporary ATM card

Name of service of transaction Fee
The card is valid Until the next nearest month after the last day of the month in which a temporary ATM card was issued
Card administration fee EUR 3
Cash withdrawal in Swedbank, AB ATM in Lithuania 0.5%, min. EUR 0.58
Cash depositing in Swedbank, AB ATM in Lithuania 0.07%
Blocking the card in case it is lost Free of charge
Standard limits of transactions1
Maximum total daily amount of cash withdrawal1 EUR 870
Maximum total monthly amount for cash depositing at ATMs of Swedbank, AB (Valid from 2018.08.01) EUR 10, 000

1At the client’s request, total limits for daily transactions can be modified.

Business Gold Credit Card agreement terms and conditions

Insurance terms and conditions

Travel insurance product information document

PRIORITY PASSTM usage conditions

Repayment and statement
  • Card purchases have an interest free period of up to 41 days Calculation will start from the time of purchase until the 10st date of the following month.
  • Any credit limit spent and not repaid by the 10th date is automatically transferred from the current account linked to the credit card. Interest starts to accrue if the current account lacks funds for automatic repayment of the whole amount used.
  • Optionally, you can pay additional own funds into the credit card account to increase the limit available on the card, or repay the outstanding limit at any time.
  • In order to obtain complete information about the transactions, one must take account of the statuses assigned to each type of transaction. Details of all transactions already debited are available in the credit card’s account statement, whereas purchases that have the interest-free period are in the list of the same account’s reservations.
Card blocking and closing

If you suspect you have lost your card, you can temporarily disable it via the Internet Bank or through our mobile app (Android only). You have 10 days to reopen your card if you should find it or it will be automatically closed.

If a bank card is stolen, it must be closed immediately. You could do it by yourself in Internet Bank in case You are Internet Bank user and have access rights to card’s servicing account. Or you could do it by calling our business client consultation center on by short number 1633 or at any time (8 5) 268 4820. From abroad you can call by number +370 5 268 4422 or +370 5 268 4820.

If your card is lost or stolen abroad and you are unable to contact us, you can block the card by calling the 24-hour Visa help centre +1 410 581 9994.

PIN

In case of a new credit card, the PIN is issued in a separate envelope when you collect it at branch.

Renewed cards will have their former PIN.

If you would like to secure PIN then you can change it in Swedbank ATMs in Lithuania.

In security reasons it is allowed to insert PIN wrongly only 2 times. After 3rd time PIN will be automatically blocked:

  • If you block your PIN in POS then you can unblock it in ATM by inserting the correct one in first time.
  • If you block your PIN in ATM or can’t remember the PIN, you need to order the new card.
Disputing card transactions

You can dispute a card transaction sending the bank message, call to consultation center +370 5 268 4422 or turn to nearest branch if:

  • you discover that your account statement includes transactions for which you did not aware of or not reach an agreement with the merchant or service provider.
  • an ATM fails to make a deposit or a withdrawal. For instance, in cases when an ATM does not issue cash upon withdrawal, but the sum is debited from the account or when a deposit is not added to your account.

You should apply to the bank no later than within 60 days after transaction date by filling application.

Note! If You will apply later Bank has a right to reject application and not to initiate investigation.

More information: General rules of claims investigation in Swedbank.

Related products

Contact

In case of an insured event, please contact our claims handling.

„Swedbank P&C Insurance AS Lithuania branch, Konstitucijos pr. 20A, Vilnius, 09321

+370 5 268 4444

zalos@swedbank.lt