Switch to mobile version. Top

Contactless Mastercard Gold

Contactless Mastercard Gold

  • An interest-free credit limit for up to 45 days or a credit line for the gradual repayment of the borrowing
  • Travel insurance to provide a sense of security under unexpected circumstances
  • A convenient type of borrowing, available at any time

The prestigious Mastercard Gold credit card will enable you to use a special service at all times as well as the credit limit of up to 200% of your monthly income.

Borrow deliberately, assessing your capacity to repay the loan.

Available funds

  • With the credit card, you have access to your own money as well as the credit granted by the bank
  • All card transactions are reported on the credit card statement
  • Your own money is accounted separately from the credit limit – in the credit card current account
  • All transactions with your own money are reported on the account statement

Repayment of the credit limit

  • You can choose how to repay the credit limit – as the interest-free credit limit or the line of credit
  • The used credit limit is automatically repaid from the current account, linked to your credit card on the 15th day of the month or other date (5th to 15th), chosen by you. It is the date, when you need to have sufficient amount of the money on account to cover your credit limit and interests.
  • You can make repayment of the credit limit on your own via internet bank selecting the relevant credit card and the step “repay” in a section Loans/Leasing – My loans - Loan agreements or in a section Accounts/Cards - Card credit limit. This additional step is required to use the money from the credit card account for covering of the credit limit, including in cases when the money has been deposited at an ATM.

Transfers from the credit limit assigned by the bank

If your own funds are not sufficient to make an urgent transfer, your can make a transfer from the credit limit to the account. Using Internet bank section Accounts/Cards->my Cards-> Transfers. The money will be credited to the account from the credit limit, and you will be able to transfer the necessary amount from the account. While such a transfer from the credit limit to the account is made within SEB bank, credit funds are used for it, therefore this is a chargeable service.

Permitted transactions and limits

You have an option set the permitted transactions and limits for each card.

For your convenience, we offer you to tie up, at your discretion, an interest-free credit limit or a credit line to your credit card.

You may use the interest-free credit limit free of charge for up to 45 days – pay back the used credit limit by the 14th day of the next month, with no interest being charged.

An example of the interest-free credit limit repayment:

ilustration of the interest-free credit limit repayment

In case of a credit line you can repay the used credit gradually, by the 14th day of the following month, by paying only 5% of the credit limit used in the previous month to the bank. The bank will charge interest for the use of the credit line automatically and deduct it at the end of each calendar month.

The amount of the credit limit – from 400 EUR up to 100% of your monthly net income.

An example of the credit line repayment:

ilustration of the credit line repayment

The amount of the credit limit – from 400 EUR up to 200% of your monthly net income.


Card transaction limits for your financial security

For added security of the funds in your account, the bank has set transaction limits, i.e., the maximum amount that you may withdraw from ATMs within 24 hours. The limit for cash withdrawals set by the bank for Mastercard Gold credit card is EUR 3,000. You can change it, if necessary.

The limit for POS and online transactions set by the bank is EUR 15,000 within 24 hours.

Practical tips for secure transactions with your card

  • Keep your payment card in a safe place;
  • Do not disclose the PIN of your card, nor keep it written on a piece of paper together with your card or in your cell phone. When confirming your transactions with the PIN, make sure that nobody can see it;
  • The card may be used only by the person whose name and signature is shown on the card;
  • Before confirming a transaction with the PIN, always check the amount of the transaction;
  • Keep transaction receipts for reconciling them with the transaction report in the internet bank;
  • Only use the services of safe online shops and service providers;
  • If you enter the wrong PIN three times consecutively when making a purchase, it will be automatically locked for security reasons. You will be able to unlock the PIN of the card in any SEB ATM, by entering the correct PIN.

What needs to be done when you have lost your payment card?

  • To block your payment card, please call the SEB bank immediately (a 24-hour line + 371 26668777);
  • If you find your card after reporting the loss or theft thereof, please do not use the card and contact SEB bank.

If you already are the customer of SEB bank, you can apply for the credit card via the internet bank. If you are not the customer of SEB bank yet, you can apply for the credit card at any branch of SEB bank, taking along your passport or ID card.

You will be able to receive the credit card at the branch within 5 business days. For your convenience you can opt to receive the renewed cards by mail.

Price list

Services I Interest-free credit limit II Credit line III Fixed payment1
Fee for preparing a card/additional card 3.60 EUR
Fee for use of the card/additional card (per month)2 3.60 EUR
Replacing a card/additional card 15.00 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 0,1% of transaction amount
Changes in the credit card agreement (submitted to the branch) 10.00 EUR
Changes in the credit card agreement (submitted in internet bank)3 Free of charge
Reviewing an application of credit limit increase 10.00 EUR
Fee for the used credit limit (per year) 0% 21% (1,75% per month) 24% (2% per month)
Monthly repayment amount 100% 5% Fixed in compliance with the agreement
Late payment interest (per year) 36% (3% per month)
Contractual penalty (per year) 36% (3% per month)

Others charges and terms related to Mastercard Gold

Fee for sending a card/additional card by mail in the territory of Latvia Free of charge
Fee for sending a card/additional card to abroad 6.00 EUR
Transfer from a credit limit 1,5%, min 0.71 EUR
Reviewing a complaint4, 5 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 (branch)6 5.00 EUR
Change of card transaction limit above the standard maximum limit set by SEB bank6 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 issue7 30.00 EUR
Surcharge on currency exchange when the currency of the card’s main account is not that of the transaction currency8 3%


The limit of transactions within one calendar month includes purchased and cash withdrawal transactions of 15,000 EUR.

Total cash deposit limit in ATMs with all customer’s cards is 7,000 EUR per month.9

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

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



1 From December 2017 new cards with a fixed payment refund scheme are not offered.

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

3 Except increase of the credit limit.

4 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.

5 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.

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

7 If customer orders the card on business day by 12:00, it will be available at the Rīdzene branch on the same day after 16:00 or on the next day after 12.00 at any branch of Riga region*. If the card is ordered after 12:00, it can be received at Rīdzene branch on the next business day after 16:00 or on the day after past 12:00 – at any branch of Riga region*.
   *Excluding Spices and Dienvidu branches.

8 Information about exchange rates is available on the home page of International card organizations

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

Credit limit repayment

Credit card limit for previous month is automatically repaid on 15th date of the month.


  • +371 26668777
    +371 67779988

    Block payment card and internet bank


    Other questions

    Private customers

    Mon - Fri 08.00 - 21.00
    Sat, Sun and holidays 10.00 - 18.00

    Business customers

    Mon - Fri 08.30 - 18.00


Uzmanību! Jūsu pārlūkprogramma neatbilst SEB mājas lapas prasībām, lūdzu, atjaunojiet to vai izmantojiet citu ierīci lapas aplūkošanai.

Attention! Your web browser does not correspond to the requirements needed to visit SEB website. Please change web browser or device that you use for browsing the site.

Внимание! Ваш браузер не отвечает требованиям, необходимым для посещения сайта SEB. Просим поменять браузер или устройство, при помощи которого вы производите поиск в браузере.