For salary receivers

How to apply for the Swedbank offer?

Typical example of a total consumer credit annual percentage rate calculation with regard to credit cards:

If you apply for a loan amounting to EUR 1,500 with a loan agreement duration of 42 months, the monthly amount of the principal is EUR 375; a fixed annual credit interest rate of 19% is also applied; and the monthly minimum daily banking fee, as established by the Bank, is to paid (EUR 0.70 per month).

For a credit of EUR 1,500, at a fixed interest rate of 18% p.a., a minimum daily service fee set by the Bank (EUR 1 per month), a monthly card administration fee (EUR 2/month for the Classic card, EUR 5/month for the Gold card), and a one-off card issuance fee set by the Bank, the total annual percentage rate (APR) of the cost of the consumer credit would be:

Classic credit card monthly administration fee is EUR 1.44. One-off issuance fee is EUR 3. Total consumer credit annual percentage rate (AR) is 23%. The total amount paid by the recipient of the consumer loan is EUR 2,552; Gold credit card monthly administration fee is EUR 3.47. One-off issuance fee is EUR 5. Total consumer credit annual percentage rate (AR) is 24.9%. The total amount paid by the recipient of the consumer loan is EUR 2,627.

• 21,99% for the Classic Credit Card and the total amount payable by the borrower would be EUR 1677.50.
• 26.82% for the Gold Credit Card and the total amount payable by the borrower would be EUR 1713.50.

Typical example of total consumer credit annual percentage rate calculation with regard to car lease (for natural persons who have acquired leased assets for personal, family or household purposes, but not for business or professional purposes):

Assumptions: Price of the car selected – EUR 15,000; agreement term – 60 months; advance payment made by the client – 20%; financed amount – EUR 12,000; interest rate – 3%; agreement fee – 150 EUR (monthly instalment – EUR 215.62). In order to receive a consumer loan, the client must have (open) an account with “Swedbank”, AB, with a set minimum daily services fee of EUR 0.70 per month. The client must also, at his/her own expense, buy insurance for the car from an insurance company acceptable to “Swedbank lizingas”, under conditions laid down in the agreement (insurance cost is not included in the total consumer credit annual percentage rate). The total consumer credit annual percentage rate is then equal to 3.7 percent, and the total consumer loan cost payable by the recipient of the consumer loan would amount to EUR 13,098.49. Calculations of the total consumer credit annual percentage rate and the total amount payable by the recipient of the consumer loan are based on the assumptions that the agreement will be valid for the entire duration of the agreement; the total loan amount will be paid out on the day of signing the agreement; the parties to the agreement will fulfil their obligations arising from the agreement by respecting the terms and conditions set out therein; the annual interest rate, the amount of fees and other charges paid by the client will remain the same as at the time of concluding the agreement, and will continue to be applied until its expiry.

1.The offer shall be valid only for newly ordered cards to which no other special offers, discounts and promotions apply. The offer shall not be valid when ordering the main card, if the person ordering it holds or held within 18 months before the day of the order:

• any other valid main card, except for a fixed payment card, when ordering Classic card.
• a valid main Gold, Platinum card, when ordering a Gold card.

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