Credit card with zero monthly/yearly fee

Mustikka poika · Post by **Mustikka poika** » Tue Feb 09, 2010 4:33 am

Is there any credit card which is free of charge? You just pay if there is any interes but not any monthly fixed fee.

I'm looking for a credit card with small or medium credit limit. I know it's possible to get this kind of credit card in many countries but I'm not sure about Finland.

I just checked on Nordea's website and all cards have monthly/yearly fee.

Any sugesstions please

**Sponsor:**

Mook · Post by **Mook** » Tue Feb 09, 2010 7:53 am

Nordea ones are free (if you're a key customer)

How about the S one? https://www.s-pankki.fi/ They been giving it "free for this year" for a couple of years.

Rip · Post by **Rip** » Tue Feb 09, 2010 8:21 am

S-Pankki has the only free VISA that I know (and they have actually dropped the 'this year' part in their adds some time ago). Stockmann Mastercard (administered by Noreda) and K-Plussa mastercard (by OP) have no annual fee either.

Mustikka poika · Post by **Mustikka poika** » Wed Feb 10, 2010 1:37 am

Who is a key coustmer?

Mook · Post by **Mook** » Wed Feb 10, 2010 7:50 am

Mustikka poika wrote:Who is a key coustmer?

Someone that's either given them a lot of money, or borrowed a lot of money from them.

jas_rho · Post by **jas_rho** » Wed Feb 10, 2010 12:09 pm

Mustikka poika wrote:Who is a key coustmer?

http://www.nordea.fi/Personal%2bcustome ... 86592.html

To qualify as a Key Customer in the Customer Programme you or your family must have products or services from at least five product groups. For customers who are 65 years or older or for their family it is enough to have one product or service in use.

Product groups
1. Access codes
2. Investor’s basic portfolio or active portfolio service in Netbank
3. MasterCard or Visa
4. Visa Electron, Visa Dedit or bank card
5. Direct debit, consumer’s e-invoice or electronic account statement
6. Housing loan or loan for holiday home
7. HomeFlex
8. FlexiCredit*, A1 car credit*, Käyttöluotto*, student loan or other credit from Nordea Bank Finland
9. PerkAccount, Growth Account, ASP Account or fund savings agreement**
10. Fixed-interest Investment Account, Revolving Fixed-term Prime Account or DepositPlus account
11. Single investment in funds**
12. Selekta unit-linked pension insurance***
13. Selekta unit-linked insurance***
14. Securities in custody on a Nordea book-entry account
15. Selekta loan insurance***, Interest Rate Cap or OwnGuarantee
16. Nordea Turva general insurance***

SGJ · Post by **SGJ** » Wed Feb 10, 2010 1:07 pm

Actually: http://www.nordea.fi/Personal+customers ... 31072.html

The limit is 30 000 worth of loans or assets. Not so bad nowadays, as IIRC the criteria has been lowered many times since the beginning of Nordea's customer loyalty program. For example, direct stock investments and funds on current accounts were previously not included (only Nordea-administered funds and savings accounts were) when determining the limit, but they are now. Correct if I'm wrong.

But what comes to REAL key customers, they are propably these folks: http://www.nordea.fi/Personal+customers ... 60684.html

And a wealthy relative of mine once said that the individuals importance to the bank is only proven when you start getting a bottle of Hennessy Cognac from the bank each Christmas...

jas_rho · Post by **jas_rho** » Wed Feb 10, 2010 1:14 pm

SGJ wrote:Actually: http://www.nordea.fi/Personal+customers ... 31072.html

The limit is 30 000 worth of loans or assets. Not so bad nowadays, as IIRC the criteria has been lowered many times since the beginning of Nordea's customer loyalty program. For example, direct stock investments and funds on current accounts were previously not included (only Nordea-administered funds and savings accounts were) when determining the limit, but they are now. Correct if I'm wrong.

But what comes to REAL key customers, they are propably these folks: http://www.nordea.fi/Personal+customers ... 60684.html

And a wealthy relative of mine once said that the individuals importance to the bank is only proven when you start getting a bottle of Hennessy Cognac from the bank each Christmas...

You can sign up as a Key Customer for the Customer Programme when you have or your family has in Nordea

* an account for regular income* and
* products or services from at least five product groups, and
* at least 30,000 euros in savings, loans and Nordea Private leasing agreements.

Sorry I should have mentioned this actually...
You gotta have at least 30,000 euros in savings, loans and Nordea Private leasing agreements plus the two above... not just one of the points but all of them.

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