Card Selection Choose your credit card correctly

The use of credit cards and other payment cards has become much more widespread in Finland in recent years. The use of cash has declined as you can pay by card almost everywhere today.

A smart card, when used wisely, is a safe and convenient payment instrument both in Finland and abroad, which may even be a necessity when renting a car.

However, many do not know all the benefits and benefits of their own credit card. That’s why we made a comprehensive guide to credit cards where we open up the terms, introduce the different types of credit cards, and explain the benefits (such as insurance) that credit cards can include.
Read our guide to things like:

Familiarize yourself with credit card terms: what’s the difference debit card and credit card?

  • What are the costs of a credit card?
  • What are the different types of credit cards and what are the benefits?
  • What is Covered by Credit Card Purchase Security? What about credit card travel insurance?
  • Tips for Safe Credit Card Use: Do you know what geoblock is?

The card is not just a means of payment

The card is not just a means of payment

Credit cards can offer other benefits to the user in addition to the credit feature, such as various insurance policies or payment method benefits. For example, many Nordea credit cards offer travel insurance and you get points when paying with a Norwegian Bank credit card.

There is a wide range of credit cards on the Finnish market, each suiting different needs.

Therefore, it is a good idea to compare the benefits and interest rates of credit cards before making a purchasing decision to find the most suitable credit card. It’s also a good idea to compete on your own credit card every now and then to make sure you’re using the right card for you!

Getting a Credit Card – A Guide to Choosing a Credit Card

Getting a Credit Card - A Guide to Choosing a Credit Card

Getting a credit card is a big decision, and many will certainly consider which credit card best suits their personal spending habits. Unfortunately, there is no clear answer to the question of which credit card is best and not all credit cards are suitable for everyone. Credit cards have a variety of features, and what suits one may not suit another, and the prices of the cards also vary. Sure, any credit card can burn you money, but in the long run, choosing a card can be expensive and prove to be unsuitable for your spending style.

Fortunately, however, you do not have to choose your credit card alone, but we help! We made a list of questions for those who are considering buying a credit card, and even if you already have a credit card in your pocket, considering the list is not a bad idea. It is quite possible that some other card will be better suited to your life situation than your current card.

What kind of card shopping?

What kind of card shopping?

If you plan to use the credit only for relatively small purchases of a few hundred euros, the annual fee card will often be cheaper than the annual fee. The annual fee for small amounts of credit is usually disproportionate to the amount of credit used.

Annual credit cards often have better benefits than free cards. Thus, for large amounts of credit, an annual fee card may be a better option, as the annual percentage share of the total loan amount is relatively smaller and in addition benefits from extra benefits.

Also, a low credit card user can benefit from an annual fee card if the card comes with some staggering and absolutely necessary benefits, such as travel insurance, which becomes cheaper with the annual fee than otherwise purchased.

Annual fee credit cards often have slightly lower interest rates than free credit cards, which is also worth considering when considering your own buying behavior.


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