Business client credit card

You can choose whether to order a physical plastic card or just add an environmentally friendly virtual card to your smart device.

A Coop Pank credit card gives you more freedom and opportunities to finance your business. With a charge card, you enjoy interest-free credit and pay a one-off annual fee of just 1%. You can link a number of cards to your account and set different limits on them.

You can leave your actual wallet at home, because by adding your bank card to Apple or Google Wallet you can pay for things with a smartphone or smart watch! When ordering your card, you can choose whether you want a physical (plastic) one or just add an environmentally friendly virtual card to your smart device.

Interest-free

Make the most of your credit, because you won’t be charged any interest on it!

One account, several credit cards

Order cards for your staff, choosing limits and permitted transaction types for each of them.

Payments into your credit card account

You can make payments to your credit card in cash or by bank transfer to increase the amount of funds.

Business client credit cards – good to know

Price list & terms and conditions
Security
FAQ

Price list

Annual fee	1% of credit limit (min. 20 €)
Monthly fee	3 €, virtual card 0 €
Amendment of credit limit	16 €
Amendment of other terms and conditions of contract	From 18% of used credit limit per annum
Default interest rate	0.1% of overdue amount per day, 36.5% per annum
Delivery of card by post in Estonia	Free of charge
Card payments	Free of charge
Coop Sula withdrawal	2.5% of amount + €1 per transaction
Coop Sula deposit	0.5% of amount + €2 per transaction
Cash withdrawal from ATM	2.5% of amount + €2 per transaction

View the price list .

Criteria for applicants

A business registered in Estonia (incl. a self-employed person) which has a current account in Coop Pank and which has been operating for at least one financial year can apply for a card.
The credit limit depends on the company’s turnover: we issue credit cards with limits of €500-5000 (higher credit limits only being issued against collateral, for which you must apply to your Business Client Relations Manager).
The company’s share capital or equity capital must be at least €2500 or €25,000.
Good payment history: neither the company nor anyone linked to is in arrears or has any ongoing credit issues.
Having assessed the creditworthiness of the applicant, the bank must be convinced that the obligations arising from the contract will be met on the terms and conditions agreed therein.

Required documents

Application.
Balance sheet and income statement for the current financial year.
Bank statements for the company’s account(s) for the six months prior to applying if the company is not an active settlement client of Coop Pank.
The annual report for the previous year if it has yet to be submitted to the Commercial Register.
If you are self-employed, your declaration of earned income for the previous financial year (Form E).

Standard terms and conditions of credit cards

Security

Find out more about secure card use here.