Morrow Bank Mastercard credit card 2026: price, benefits and effective annual interest rate (APR)
In October 2026 Morrow Bank's Mastercard has no annual fee, cash withdrawals are free of charge and the currency conversion markup is 1.75%; travel insurance is valid when half of the trip is paid with the card. The nominal interest rate is 17.50% and the effective annual interest rate (APR) 18.97% in the €1,000 example.
Effective annual interest rate (APR)
18.97% effective annual interest rate (APR)
On Morrow Bank's page: "Interest example for an instalment payment of a purchase with the credit card: Interest rate 17.50% and effective annual interest rate (APR) 18.97%, for a credit of €1,000 / 12 months. Monthly instalment €91.44, total to be repaid €1,097.31."
The banks' effective annual interest rate (APR) examples are not comparable with each other: the credit amount and the loan period vary, and in some examples the card's monthly fee is included in the calculation and in others it is not. Compare the figures only if the assumptions of the example are the same. Pankkitutka does not rank credit cards by effective annual interest rate (APR).
The cap on consumer credit interest is 17.50% for the period 1 July 2026-31 December 2026. See the interest rate cap and its sources.
Morrow Bank Mastercard: price
| Monthly price | €0.00/month |
|---|---|
| Annual price | €0.00/year |
| Terms affecting the price | No usage or annual fees (annual fee €0). A fee is charged for changing the credit limit according to the credit terms. |
| Who can apply | A person living in Finland aged at least 23, with no active payment default entries. Creditworthiness is assessed on the basis of the application and a credit check, decision in 1-2 working days. |
Credit terms
| Credit limit up to | €10,000 |
|---|---|
| Interest rate | 17.50% |
| Interest-free period | 50 days |
| How the interest is set | Annual nominal interest rate on purchases and cash withdrawals 17.50%; the interest consists of the reference rate under section 12 of the Interest Act and a margin, and the reference rate is reviewed every six months. Interest-free period of up to 50 days if the whole credit is paid on the due date; on cash withdrawals interest starts from the withdrawal date. Credit limit up to €10,000. |
Benefits
| Travel insurance | Travel and cancellation insurance for you and your family worldwide on trips of up to 60 days, when at least 50% of the trip is paid with a Morrow Bank credit card. Covers, among other things, baggage delay, a replacement trip and illness or accident during the trip. Insurers are BNP Paribas Cardif and Zurich. |
|---|---|
| Lounge | No lounge benefit. |
| Withdrawals abroad | Cash withdrawals are free of charge in Finland and abroad; interest starts from the withdrawal date. |
| Currency conversion markup on card payments | 1.75% |
| Purchase protection | Purchase protection: personal items paid for with the card up to €2,500, 90 days from the purchase date (theft in connection with a break-in or robbery, damage). |
|---|---|
| Cashback or points | No fixed cashback; More Experience discounts and experiences for customers. |
| Other | Mastercard ID Theft Protection is included. Morrow Bank AB is a Swedish bank (org. no. SE 559490-6546). |
Related guides
- Premium accounts and cards compared
- Bank packages compared
- Finnair Visa Credit Light
- S-Etukortti Visa Credit
Sources
- Morrow Bank: Luottokorttiretrieved 16 October 2026
- Morrow Bank: Vakuutusretrieved 16 October 2026
- Morrow Bank: FI Credit card contract 20260619 (PDF, linkitetty sivulta morrowbank.fi/hintatiedot)retrieved 16 October 2026
Data checked 16 October 2026. Check current terms and prices with the provider.
Pankkitutka has no advertising links for credit products: the links always go to the provider's own site.
Frequently asked questions
How much does Morrow Bank Mastercard cost?
In October 2026 Morrow Bank Mastercard costs €0.00/month, annual price €0.00/year. No usage or annual fees (annual fee €0). A fee is charged for changing the credit limit according to the credit terms. Effective annual interest rate (APR) 18.97% (example: On Morrow Bank's page: "Interest example for an instalment payment of a purchase with the credit card: Interest rate 17.50% and effective annual interest rate (APR) 18.97%, for a credit of €1,000 / 12 months. Monthly instalment €91.44, total to be repaid €1,097.31.").
What is the effective annual interest rate (APR) of Morrow Bank Mastercard?
In October 2026 Morrow Bank Mastercard: Effective annual interest rate (APR) 18.97% (example: On Morrow Bank's page: "Interest example for an instalment payment of a purchase with the credit card: Interest rate 17.50% and effective annual interest rate (APR) 18.97%, for a credit of €1,000 / 12 months. Monthly instalment €91.44, total to be repaid €1,097.31."). The banks' effective annual interest rate (APR) examples are not comparable with each other: the credit amount and the loan period vary, and in some examples the card's monthly fee is included in the calculation and in others it is not. Compare the figures only if the assumptions of the example are the same. Pankkitutka does not rank credit cards by effective annual interest rate (APR).
What benefits does Morrow Bank Mastercard include?
In October 2026 Travel insurance: Travel and cancellation insurance for you and your family worldwide on trips of up to 60 days, when at least 50% of the trip is paid with a Morrow Bank credit card. Covers, among other things, baggage delay, a replacement trip and illness or accident during the trip. Insurers are BNP Paribas Cardif and Zurich. Lounge: No lounge benefit. Cashback or points: No fixed cashback; More Experience discounts and experiences for customers. Currency conversion markup on card payments: 1.75%. Effective annual interest rate (APR) 18.97% (example: On Morrow Bank's page: "Interest example for an instalment payment of a purchase with the credit card: Interest rate 17.50% and effective annual interest rate (APR) 18.97%, for a credit of €1,000 / 12 months. Monthly instalment €91.44, total to be repaid €1,097.31.").