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Credit card in the natural environment

Credit card Mastercard Business

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It checks all the boxes

Convenient way to use company’s money and additional resources with a credit limit, granted by the bank
Useful for everyday payments – fuel, taxi, office supplies or business dinners
Support for your business trips – Fast Track for quick security control and Priority Pass for access to business lounges
Effective management of multiple cards – order them for employees, individually adjust limits and allowed transactions

Special offer and new changes:

Until 1 July we have waived the fee for preparing the card and supplementary cards (standard price – 5 EUR)

Additionally, starting April 16, we are introducing number of changes in business cards usage terms and design:
•    Credit limit interest rate is reduced from 21% to 14% 
•    Insurance for you and two colleagues when traveling abroad   
•    Priority Pass – the opportunity to use business lounges at over 1500 international airports  
•    Fast track security check at international airports
•    New design, created from renewable materials
 

Types of repayment schemes

Credit line

The amount of the credit limit is from 50 EUR.

You may repay the used amount of the credit line to the bank gradually – in the period from the 5th to 15th day of the following month, by repaying only 5% of the used credit limit. 14% interest rate on used credit limit, contractual penalties and late payment interest according to price list are deducted together with the principal.
 

 

Interest-free credit card

The amount of the credit limit – from 50 EUR.

You may use the interest-free credit limit free of charge for up to 45 days – if you pay back the used credit limit amount by the 15th day of the next month, no interest will be charged, and the full credit limit will be available again.
 

Digital wallets – pay with SEB card in your smart device

  • Apple users can use Apple Pay on supported devices for secure and fast payments in stores, apps and online
  • Garmin and Fitbit users can add cards to smartwatches for contactless payments in stores
  • Add your SEB card to Google Pay via SEB mobile app or Google Wallet and use your Android devices for quick and easy payments
  • Any type of activated Mastercard payment card can be added to Digital wallets 

Priority Pass

The Mastercard Business credit card can be used as Priority Pass™ membership card to enter more than 1500 airports business lounges worldwide. 

The Mastercard Business credit card provides access to the business lounges at no additional charge two times a year for one person*. From the 3rd visit, your credit card will be charged the standard lounge visit fee.  

You can register your Mastercard Business credit card in the Priority Pass homepage or using mobile app (available for both Android and iOS devices). By creating an account at Priority Pass you can keep track of the free visits left, see the lounge visit receipts or other details related to your Priority Pass membership.  

You can use your Mastercard Business credit card or Priority Pass mobile app to enter airport business lounges.

A list of business class lounges is available on the Priority Pass homepage and its section of airport lounges.

By signing up for the Priority Pass program, you agree to the service provider's Conditions of Use and Privacy Policy.

If you have any questions or concerns about the Priority Pass program, please contact the service provider at +44 20 8680 1338 (English) or submit a ticket (English).

QR for downloading Priority Pass app
Google Play link
App Store Link

*Free visits are counted per person. For example, if cardholder visits lounge with a guest, two free visits will be counted.

Fast Track check-in at international airports

Upgrade your airport security experience with Mastercard® Airport Security Fast Track Powered by DragonPass. Skip the queue. Maximise your time to relax, shop and dine in the airport.

The Mastercard Business credit card provides Fast Track check-in at no additional charge four times a year for one person or twice a year for two people*.

The list of airports participating in Mastercard® Airport Security Fast Track program.  

The Fast Track service ordered at the desired time is valid for 30 minutes, so we advise to order the service upon arrival at the airport, because e-ticket is received immediately via e-mail or mobile app.

By signing up for the Fast Track service, you agree to the service provider's Terms and Conditions and Privacy Policy.

For urgent questions or uncertainties at the airport contact by phone +44 7700 168 666 (English).

    Get the app to enjoy your airport experience

    QR for downloading Mastercard Travel Experiences mobile app
    Google Play link
    App Store Link

    *The service is free of charge for Mastercard Business cardholder four times per calendar year and can be shared between cardholder and guests. Usage exceeding four times will be charged according to the pricelist of the airport – the charges will be displayed during registration in the app.

    To get access for booking the fast-track service:

    • Please make sure that internet purchases are enabled for your Mastercard Business credit card.
    • Register your personal account in the Mastercard Travel Experiences mobile app (available on iOS and Android devices) or the Mastercard website.
    • After account registration you are ready to pre-order fast track for your upcoming airport visit.

    To book the fast track:

    • Choose an airport, number of travellers, and the desired time slot.
    • Use your free Fast Track passes or pay using your registered Mastercard Business credit card. The counter of free visits and the service charges will be displayed in app during the registration.
    • Receive your eTicket via e-mail or in the app.
    • Proceed to the Fast Track zone of the terminal you need and show Airport Fast Track e-ticket to gain access. 

    In case you lost your card

    • Block the card by using either mobile app or internet bank, or report this immediately by calling +371 26668777
    • In case you still can’t find your card, a new one can be ordered in Internet bank for business
    • If you need to make some urgent payments with your card, consider creating a temporary card
    • Order a temporary card in SEB customer service points (please, book a visit in advance for your convenience)
    • Withdraw cash from SEB ATMs using temporary card until the replacement for your business payment card will be issued

    Travel insurance for your additional needs

    Provided by If Insurance

    IF logo

    Learn more

    SEB credit cards provide convenience when travelling for business, as you do not have to worry about the purchase of travel insurance or compare various offers.

    Our travel insurance, which we provide in cooperation with our partner If Insurance, is available for an unlimited amount of trips and remains valid for as long as the credit card is active, and the travel’s duration doesn’t exceed 60 days.

    Related terms and conditions:

    Travel insurance terms and conditions CA-20202 (PDF, LAT)
    General terms and conditions for the insurance of persons 002 (PDF, LAT)

    Frequently asked questions

    • With a new contactless card, the first transaction shall be made at an ATM or POS terminal at the merchant as usual – the card must be entered into the terminal and transaction confirmed with a PIN. After the first transaction with the PIN code the contactless function is activated and it is possible to make contactless payments.
    • You can enable (and disable) the contactless function of a credit card in internet bank, mobile application and at customer service points.

    Contactless payments in SEB are secure. Further security is ensured by the contractual purchase limits and various restrictions, which you can apply depending on your consumption habits.

    The card is valid for four years. Upon expiry, we will issue you a new card in advance automatically and inform you about the methods of delivery.

    You can assign the credit card monthly usage limit in internet bank for business or at customer service points and change them according to your needs. Monthly usage limit is the amount, within which it is possible to use the card for payments and withdrawal of cash from ATMs in one month.

    Service Fee
    Fee for preparing a card/additional card, if activated at customer service points or by calling the customer’s centre 10.00 EUR
    Fee for preparing a card/additional card, if activated in the internet bank, mobile app or ATM 5.00 EUR
    Fee for use of the card/additional card (per month)1 5.00 EUR
    Replacing a card/additional card, if activated at customer service points or by calling the customer’s centre 15.00 EUR
    Replacing a card/additional card, if activated in the internet bank, mobile app or ATM 10.00 EUR
    Commission for purchase in Latvia and abroad Free of charge
    Cash withdrawal in another bank 2%, min 4.00 EUR
    Cash withdrawal at ATMs  2%, min 4.00 EUR
    Cash withdrawal at business operators' outlets 2%, min 4.00 EUR
    Cash deposit at SEB bank’s ATM:
    • up to 6,000 EUR within one calendar month for all customer's accounts
    Free of charge
    • upon exceeding monthly credits of 6,000 EUR for all customer's accounts
    0,2% of transaction amount
    Changes in the credit card agreement (submitted in person) 10.00 EUR
    Changes in the credit card agreement (submitted in internet bank)2 Free of charge
    Reviewing an application of credit limit increase 10.00 EUR
    Service I Interest-free credit limit II Credit line
    Fee for the used credit limit (per year) 0% 14%
    Late payment interest 14.23 EUR +
    60% per year (5% per month)
    7.11 EUR +
    36% per year (3% per month)
    Contractual penalty 14.23 EUR +
    60% per year (5% per month)
    7.11 EUR +
    36% per year (3% per month)
    Monthly repayment amount 100% 5%

    Others charges and terms related to Mastercard Business

    Service Fee
    Fee for sending card/ additional card by post:
    • Within the territory of Latvia
    1.00 EUR
    • Abroad
    10.00 EUR
    Fee for sending card/additional card to a parcel machine in Latvia 2.30 EUR
    Reviewing a complaint3, 4 Free of charge
    Change of PIN code in SEB bank’s ATMs Free of charge
    Fee for unblocking PIN code of a card in SEB bank’s ATMs, if the PIN has been entered incorrectly for 3 consecutive times while using POS terminal Free of charge
    Change of card transaction limit within SEB bank's standard limit (in person)5 5.00 EUR
    Change of card transaction limit above the standard maximum limit set by SEB bank5 10.00 EUR
    Consideration of a loan application Free of charge
    Checking the account balance through ATMs of:
    • SEB bank
    Free of charge
    • other banks in Latvia
    0.45 EUR
    • other banks abroad
    1.00 EUR
    Fee for urgent card issue6 30.00 EUR
    Surcharge on currency exchange when the currency of the card’s main account is not that of the transaction currency7 3%
    Calculation period 1 month
    Payment period 14 days (starting from the first date of the month)

    The limit of transactions within one calendar month includes purchased and cash withdrawal transactions of 10,000 EUR.

    Total cash deposit limit in ATMs with all customer’s cards is 9,000 EUR per month.8

    For other services (current account maintenance, transactions in the account, processing of the customer’s documents etc.) which SEB bank provides to customers in relation to payment card servicing, the customer pays in accordance with SEB bank’s General Price list for Corporate Customers.

    A maximum of 200 banknotes can be deposited in an ATM in a single deposit transaction.


     
    1 Charged starting from the second month of using the card/additional card.

    2 Except increase of the credit limit.

    3 If processing of the complaint involves obtaining documentary proof of transactions, then a fee will be charged to the amount of the actual cost of the service.

    4 Application shall be deemed received by us:

    • on the current working day if the application is submitted and received before 16:00;
    • on the next working day if the application is submitted after 16:00.

    In case working day is shortened according to the law, the above deadline shall be one hour prior to end of the shortened working day.

    5 Includes changes in POS, ATM and monthly spending limits.

    6 If the card is ordered on business day by 12:00, it will be available at the Rīdzene customer service points on the same day after 16:00. If the card is ordered after 12:00, it can be received at Rīdzene on the next business day after 16:00.

    7 Information about exchange rates is available on the home page of International card organizations https://www.mastercard.com/global/currencyconversion/index.html and https://www.visaeurope.com/making-payments/exchange-rates.

    8 SEB bank has the right to unilaterally reduce or increase the cash deposit limit upon evaluation of the Customer's business and personal activities.

    Have a question about cards?

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