MasterCard Business Debit

Company cards

Debit card with credit card features

  • Chance to shop online, book plane tickets and hotels, rent a car.
  • Ordering a bank card to the company’s contact address.
  • Paying for goods and services in Estonia and abroad.
  • Withdrawing money from ATMs in Estonia and abroad.
  • Depositing money to a company’s account via Swedbank’s ATMs across Estonia.

The debit card is a convenient means of payment for the company’s employees to enable using the funds in the company’s account. In addition to the standard debit card functions you can use the card to pay online, book hotel places or rent a car.

Contactless payments - an even quicker way of paying by card

Since October 2016 we are going to issue new contactless debit cards. These cards will allow you to make purchases of up to €10 without having to slot the card into the payment terminal or enter your PIN. You only need to tap it against the terminal. This way your everyday purchases will be even quicker and more convenient, while being just as safe as before.

  • Safe - To make a payment you need to place your card very close to the terminal, and two similar payments can’t be made within a short period of time in a row. Random checks mean that from time to time some small purchases will need to be confirmed using your PIN.
  • Flexible - Should you wish to, you can easily switch the contactless feature off or on again in the Internet Bank. To confirm this, the next time you use your card at an ATM or payment terminal you’ll have to enter your PIN.
  • International - Contactless payments can be made in Estonia and abroad. Since the amount you can spend in a single contactless payment can vary from country to country, we recommend that you check out the terms and conditions of such payments in the country you’re going to before you leave.

The user’s rights and limits

The following can be determined for each card owner

  • use limits (daily, weekly or monthly limit);
  • use rights (paying by card and/or withdrawing cash).

The use rights and limits of the debit card contract can be amended in the Internet bank by a user that has the signatory right or the company’s legal representative that has the sole right of representation according to the commercial register.

Order the card

Secure purchases online

We wish for shopping in e-stores to be convenient and secure for you. If you wish to use the card to pay in an e-store, the MasterCard or Visa card used for it must be joined with the secure Internet shopping programme..

Register the card

The bank card can be ordered by post to the company’s contact address or a Swedbank’s branch across Estonia.

Ordering the card by post

– get the card without going to a branch!

  • Both new as well as automatically renewed debit cards can be received by post.
  • The bank card is sent to the company’s contact address by post and it is free of charge across Estonia.
  • Ensure that the address noted in your company’s contact details is correct. Check contact details
  • The opportunity to change the means and postal address of an automatically renewed debit card ends 60 days before the expiry of the old card.
  • If you order a new debit card you must pay the fee for opening a card according to the valid price list.
  • We will send you the PIN of the new debit card in a separate letter.

After receiving the bank card the card must be activated in the Internet bank Activate the card

Secure – the bank card can only be used after activating

The bank only sends unactivated cards by post. That way we will make sure that in case of the parcel getting lost or getting into the wrong hands the customer data or the money in the account is not endangered.

After receiving the card it must be activated in the Internet bank. If the contract of the new debit card is signed when ordering the card, a user that has full rights (all services profile) can activate it in the Internet bank. If the contract of the new debit card was not signed when ordering the card or it is an automatically renewing card, the company’s legal representative must first sign the debit card contract in the Internet bank by mobile ID, digital ID or ID card and thereafter activate the card.

If several debit cards have been ordered in the company’s name, each card must be activated separately. The PIN of the previous card will first apply for the renewed card. In case of a replacement card and a completely new card we will send the PIN as a separate parcel. After the card has been activated in the Internet bank, it is recommended to change the PIN in an ATM.

Activate the card

In case of questions please call our consultation centre at the number 6 312 222, send us a bank message from the Internet bank or write to the address ariklient@swedbank.ee.

Frequently asked questions FAQ

  • Debit cards

    1. PRIVATE PERSON Effective as of 01.06.2016
    1.1 Issuing the first debit card associated with an account (1) free of charge
    1.2 Issuing an additional debit card associated with an account (1) according to price list
    1.3 Renewal of a card (1) free of charge
    1.4 Visa Electron debit card, Maestro debit card (2)
    - issuing a card 2,50 €
    - monthly fee of a card (3) 0,96 €
    1.5 Debit card Plus
    - issuing a card 2,50 €
    - monthly fee of a card 1,28 €
    1.6 A temporary ATM card (valid for 1 month)
    - issuing a card 2,50 €
    1.7 Student card (4)
    - monthly fee of a card 0,96 €
    1.8 ISIC MasterCard Student card
    - issuing a card 6,33 €
    - replacement of a card 6,33 €
    - monthly fee of a card 0,32 €
    - renewal of a card 6,33 €
    1.9 Youth card
    - issuing a card 2,50 €
    - monthly fee of a card for up to 19-year-olds free of charge
    - monthly fee of a card for people aged 20-25 (5) 0,32 €
    1.10 School card(6)
    - monthly fee of a card free of charge
    1.11 Senior card
    - issuing a card 2,50 €
    - monthly fee of a card 0,32 €
    1.12 MasterCard Private Banking Card
    - issuing a card 2,50 €
    - monthly fee of a card 1,98 €
    GENERAL SERVICE AND TRANSACTION FEES
    1. Cash deposit in euros in home bank's terminal (7) - up to 5000 € per calendar month free of charge;
    - 0,25% of the deposited amount that exceeds 5000 € per month
    2. Cash withdrawal
    2.1 from terminals of your home bank
    - up to 2000 € per calendar month free of charge
    - over 2000 € per calendar month 0.3% of the amount that exceeds 2000 €
    2.2 from other bank’s terminals in Estonia and abroad 1 € + 2.5% of the amount
    2.3 with debit cards issued by Swedbank from Swedbank Group ATMs in Latvia, Lithuania, Sweden (8)
    - up to 2000 € per calendar month free of charge
    - over 2000 € per calendar month 0.3% of the amount that exceeds 2000 €
    3. Balance inquiry and statement in Swedbank’s terminals in Estonia free of charge
    4. Balance inquiry in other bank’s terminals in Estonia and abroad (9) 0,32€/query
    5. Making payments in ATMs and payment terminals
    - an intra-bank payment 0,16 € (free for clients aged 65 and more) (10)
    - domestic payment 0,38 €
    6. Payment in a commercial enterprise free of charge
    7. Closure of a card free of charge
    8. A copy of the receipt of a card transaction (inquiry)
    - a transaction in Estonia 4 €
    - a transaction abroad 8 €
    9. Demand for refund, unjustified
    a transaction in Estonia 12 €
    - a transaction abroad 16 € (In case disputing card transaction made abroad, additional costs of the card organisations may apply)
    10. Sending a card from one branch to another (11) 2,50 €
    11. Sending a card by mail
    - mail (Estonia) free of charge
    12. Conversion fee for transactions in foreign currencies (12) 1% of transaction amount
    13. Penalty for using a closed card 65 €
    4 Using Visa or MasterCard assistance service abroad 0 to 130 €, depending on actual costs
    15. Penalty 0.2% a day
    2. LEGAL PERSONS Effective as of 01.09.2016
    2.1 Issuing the first debit card associated with an account (13) free of charge
    2.2 Issuing an additional card associated with an account (13) according to price list
    2.3 Renewal of a card free of charge
    2.4 Visa Business Debit (14) 2,50 €
    - issuing a card 10 €
    - replacement of a card 10 €
    - monthly fee of a card 3,20 €
    2.5 A temporary ATM card (valid for 1 month)
    - issuing a card 2,50 €
    2.6 MasterCard Business Debit
    - issuing a card 2,50 €
    - monthly fee of a card 1,50 €
    - monthly fee of a card with the possibility of making cash deposits 0,50 €
    2.7 Visa Business Electron (15)
    - monthly fee of a card 1,50 €
    - monthly fee of a card with the possibility of making cash deposits 0,50 €
    GENERAL SERVICE AND TRANSACTION FEES
    1. Cash deposit in euros in home bank's terminal (7)
    - up to 5000 € per calendar month free of charge
    - exceeds 5000 € per month - 0,25% of the deposited amount
    2. Cash withdrawal (13)
    - from terminals of your home bank 0,19 € + 0.3% of the amount
    - from other bank’s terminals in Estonia and abroad 1,92 € + 2,5% of the amount
    - with debit cards issued by Swedbank from Swedbank Group ATMs in Latvia, Lithuania, Sweden (8) 0,19 € 0.3% of the amount
    3. Cash withdrawal with Visa Business Debit (14)
    - from terminals of your home bank 1,92 € + 1% of the amount
    - from other bank’s terminals in Estonia and abroad 1,92 € + 2,5% of the amount
    - with debit cards issued by Swedbank from Swedbank Group ATMs in Latvia, Lithuania, Sweden (8) 1,92 € + 1% of the amount
    4. Balance inquiry and statement in Swedbank’s terminals in Estonia free of charge
    5. Balance inquiry in other bank’s terminals in Estonia and abroad (9) 0,32€/query
    6. Making payments in ATMs and payment terminals
    - an intra-bank payment 0,16 €
    - domestic payment 0,38 €
    7. Payment in a commercial enterprise free of charge
    8. Closure of a card free of charge
    9. A copy of the receipt of a card transaction (inquiry)
    - a transaction in Estonia 4 €
    - a transaction abroad 8 €
    10. Demand for refund, unjustified
    - a transaction in Estonia 12 €
    - a transaction abroad 16 € (In case disputing card transaction made abroad, additional costs of the card organisations may apply)
    11. Sending a card from one branch to another (11) 2,50 €
    12. Sending a card by mail  
    - mail (Estonia) free of charge
    13. Conversion fee for transactions in foreign currencies (12) 1% of transaction amount
    14. Penalty 0.2% a day

    (1) Except ISIC MasterCard Student card
    (2) Visa Electron card is not issued from 1st of June 2015.
    (3) The debit card fee is not applicable to the customers who as of 01.08.2011 were at least 60 years old.
    (4) Student cards were issued up to 21.08.2013.
    (5) From the age of 26 applies the Visa Electron or Maestro debit card monthly fee.
    (6) School card is not isused from 1 st of July 2015.
    (7) The fee is charged on the amount that exceeds 5 000 € per calendar month and the cash is deposited in home bank’s terminal. The service fee is client-based on the basis of calculation is a calendar month.
    (8) ATM in Sweden is Bankomat.
    (9) The availability of the service in a foreign country depends on the foreign bank's ATM technical possibilities and service can be used with MasterCard/Maestro cards.
    (10) This also applies to clients who were at least 60 years old on 1 September 2015 and held a current account.
    (11) The price is inclusive of VAT at the rate of 20%.
    (12) Added to the amount of every transaction made with the card if the card transaction is in a currency other than the euro. The conversion fee is not subject to a refund if the transaction is cancelled.
    (13) Except Visa Business Debit
    (14) Visa Business Debit card is issued to the non-resident legal persons registered outside the EU Member States and Norway ( including non-resident legal persons registered in Cyprus, Luxembourg, Malta and the United Kingdom).
    (15) Visa Business Electron card is not issued from 4 th of May 2015.