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A credit card with conveniently flexible repayments

With a Coop Pank credit card, you decide for yourself when you make repayments, and you can change the repayment date at any time in the Internet bank.

You can also transfer funds from your credit card to your current account, and any purchases you make with the card are automatically insured.

On top of all that, the approval process for applications is instantaneous

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Flexible repayments

Make the most of the 40-day interest-free period and repay what you’ve used whenever and in whatever amount you want. You can amend your preferences at any time.

Transfers to your current account

You can make transfers from your credit card to your current account in Coop Pank. Applications are processed immediately, and if approved, you can start using the money as soon as you sign your contract.

Purchase insurance

Our credit card comes with automatic purchase insurance, with larger purchases being covered for 180 days.

Additional information

Monthly fee €1  
Issuing, blocking & closing of card Free    
Credit limit Up to €5000  
Interest rate From 18% of credit limit used per annum  
Payments with card Free  
Cash withdrawals from ATMs 2.5% of amount + €2.00 per transaction  
Coop Sula withdrawals 2.5% of amount + €1.00 per transaction  
Coop Sula deposits 2.5% of amount + €2.00 per transaction  
Transfers to current account 2.5% of amount + €1.00 per transaction  
Travel insurance with monthly payments €8,9  

 

Be sure to review the credit card terms and conditions and the price list.

Exchange rate calculator (Mastercard transactions)

Make repayments according to your needs. You can always quickly and conveniently change your choice in the Internet Bank.

1. Repay the total credit limit drawn down in the previous month
You are using the credit card without interest, as the entire credit limit drawn down in the previous month will automatically be debited from the current account tied to your card on the 10th day of each month.

2. Make repayments yourself
Choose when to pay back the credit limit you have drawn down and in what amount. You can choose the frequency and the amount of repayments. Only the interest accumulated for the credit limit you have drawn down will be debited from the current account tied to your card on the 10th day of each month. You can choose the repayment date of the used limit yourself. No interest is charged if the repayment is made before the 10th day of the month. The total credit limit drawn down must be repaid when the contract expires.

3. Repay a fixed amount every month
You can determine a specific amount to be debited from your current account linked to your account on the 10th day of each month. The monthly payment will not be charged automatically if you have not drawn down the credit limit or have already paid it back yourself. The repayment does not include interest. The interest accumulated for the credit limit you have drawn down will be debited from your current account on the 10th day of each month.

All the Coop Pank bank cards have the contactless payment option. Using contactless payment, payments in smaller amounts may be made conveniently and quickly: payments under 50 euros may be made without entering the PIN code or inserting a card into the terminal. All you have to do is wave your card at the terminal.

Contactless payments are secure: from time to time, in the interests of security, the bank requests the confirmation of a transaction also in the case of smaller amounts.

Contactless payments may be made anywhere, both in Estonia and abroad; check whether the terminal is marked for contactless payment. The maximum amount permitted for a contactless payment may vary in different countries.

The option of making contactless payments may be turned off and on again via the internet bank or mobile bank.

  • Do not share the PIN code of your card with anyone: remember the PIN code and destroy the PIN envelope.
  • When paying with your card, check the amount at the terminal before confirming the transaction.
  • When paying with your card online, use reliable websites.
  • If you detect transactions on your account statement that you have not effected or if a service provider is unknown to you, close your card and notify the bank about it immediately.
  • If your bank card is lost or stolen, close your card immediately in the Internet or mobile bank or telephone +372 669 0966.
  • Let the bank know also if you are not sure that your card has been lost: your card can be blocked temporarily.

The initial annual percentage rate of charge is 20.51% on the following sample terms: limit €1000, fixed interest 18% per annum, card maintenance fee €1 per month, total amount of credit €2223 and total amount of repayments of €2162.

The rate has been calculated on the assumption that the credit limit will be drawn down at the first opportunity and in full and that the credit limit will be repaid monthly in full in single payments in 12 consecutive months.

What is purchase insurance?
Purchase insurance is 180-day insurance cover automatically applied to your larger purchases for which you have paid by a Coop Pank debit or credit card.

Which purchases are covered by purchase insurance?
Purchase insurance applies to every purchase of durable goods* made from a shop or online store that costs €100-2,500. The deductible per each insured event is €30.

* Durable goods are products designed for long-term use by the manufacturer: mobile phones, tablets and laptops, clothes, footwear, electric scooters, precious stones and metals, fur products, paintings, sculptures, etc. For example, used goods, food, motor vehicles, plants and animals are not durable goods. Please note that the maximum indemnity limit for certain goods (e.g. technical equipment) is €500. Read more about the terms and conditions of purchase insurance here.

Does purchase insurance also apply to goods purchased abroad or ordered from an online store?
Yes, just pay the purchase using your Coop Pank debit or credit card and your purchase will automatically be covered for 180 days.

What should I do in the case of an insured event?
As the purchase insurance partner of Coop Pank is IF P&C Insurance AS, please report the insured event* here so we can handle your claim faster. Just write the keyword “Coop” in the policy field.

* Insured event means the sudden and unforeseeable destruction, damage or theft of the insured product. Losing or forgetting a products is not deemed an insured event.

Do I have to keep the purchase receipt to receive compensation in the case of an insured event?
No, a statement from the Internet bank is enough to prove the purchase related to the insured event.

Read the terms and conditions of purchase insurance here.