OREANDA-NEWS. October 14, 2008. Nordea Bank is offering a new credit card – MUST. Nordea MasterCard MUST is an international credit card. It has all of the good qualities of a credit card along with many enhancements and great flexibility, reported the press-centre of Nordea Bank.

Depending on one’s needs, the card can be set up with either fixed repayments or as a revolving card. Travel insurance is also included with the card.

”This is a unique card in the market due to the fact that MUST has the longest interest-free period – up to 54 days. It is also possible to change the size of the obligatory repayment precisely when the need arises,” said Nordea Bank Estonia card product sales manager Reelika Areng. “In this one product, we combine all of the good qualities we think customers need in a credit card.”
 
Nordea MUST credit card has an annual fee of 200 EEK and interest on card payments is 12% for Nordea gold customers, 14% for silver customers and 15% for all other customers. The maximum line of credit is three times the net income but no less than 5000 EEK.

Nordea MUST MasterCard is most convenient when used in combination with Nordea’s online bank and direct depositing. For the first time in Estonia, Nordea MUST repayments can be made by direct deposit from any Estonian banks. Cardholders can also repay money directly to the card account to increase the available funds on the card.

Nordea MUST MasterCard is just as reliable a companion away from home – travel insurance is already included on the card! Travel insurance includes all of the necessary insurance protection, including cancellation and curtailment, theft or loss of baggage, accidents and illness.