SEB EE review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
SEB EE suits anyone already holding an Estonian bank account and happy to pay a card fee, since the annual fee of €19.20 buys a credit card at 18% APR. It is a fair pick for existing SEB customers, less so for a first card elsewhere.
Key facts
- Best for
- Existing SEB account holders who want a fee-based credit card and do not mind paying for it.
- Annual fee
- €19.20↗
- APR
- 18%↗
- Rewards type
- None↗
- Card kind
- Credit↗
- Legal entity
- AS SEB Pank↗
- Headquarters
- Estonia↗
- Founded
- 1856↗
- Support channels
- Email, Chat, Phone, Community↗
- Pricing model
- No monthly fee
- Features
- Same-day funding
- Official website
- seb.ee
Loans
- Loan amount
- €25,000 to €40,000↗
- Term
- 6 to 84 months↗
- Arrangement fee
- 1.5% of loan amount, min 35 EUR (other purposes); 1.5% min 75 EUR for a car; 1% min 75 EUR for property or solar panels; 1% min 50 EUR for home energy efficiency↗
- Funding time
- Same day, immediately after signing the contract↗
- Representative example
- Väikelaen (consumer loan): APR 10.64% p.a. on EUR 5,200 with EUR 78 contract fee, fixed interest 8.9% p.a., 37 annuity payments over 37 months↗
- Rate type
- Variable↗
- Lender type
- Direct lender↗
- Free early repayment
- Yes↗
- Eligibility
- An SEB current account must be open for the whole loan period and all income paid into an SEB account↗
- Origination fee (%)
- 1% to 1.5%↗
- Loan types
- Personal↗
- Use cases
- Home-improvement↗
Savings
Personal insurance
Mortgages
Robo-advisors
Facts checked September 26, 2026, 15 sources
Pros and cons
Pros
- Annual fee of €19.20 with no monthly fee, charged as no monthly fee
- APR of 18% sits against a site median of 15.5%
- Free early repayment on the small loan, funded Same day, immediately after signing the contract
- Support runs on email, chat and phone
Cons
- The €19.20 annual fee is well above the €0 site median
- Card rewards type is none, so there is nothing back on spending
- Borrowing requires a current account to stay open and income paid in
Who it suits
- SEB customers who keep a current account open and want a credit card alongside it
- Borrowers after home improvement work who need a small personal loan
- Estonian residents who want a broker-run insurance policy in one place
Who should look elsewhere
- Anyone building a first credit history, since the card carries a fee rather than a rewards return
- Travel spenders, because bunq and Wise charge no annual fee at all
- Shoppers who want cashback on everyday spending
Fees and currency costs
The card is a credit card with an annual fee of €19.20 and an APR of 18%. There is no monthly fee, and the pricing is listed under a no monthly fee model. Rewards are not part of the deal, since the card carries no rewards of any kind. On the borrowing side, the small loan carries an arrangement fee scaling with the loan amount, and a property loan adds a product fee of €600. Monthly payments on the car cover are available.
Where it sits among rivals
On annual fee, the card ranks 248 among 312 brands listed, which is a long way down a field where most cards sit at the €0 median. The APR ranking is friendlier at 60 out of 138, so borrowing money is cheaper here than holding the card.
How SEB EE compares
- 9.5 vs 8.6
9.5 vs 9.4
9.5 vs 9.4
9.5 vs 9.4
9.5 vs 8.5
9.5 vs 9.4
9.5 vs 9.3
9.5 vs 8.7
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9.5 vs 9.3
9.5 vs 9.0
9.5 vs 9.0
9.5 vs 8.8
9.5 vs 9.2
9.5 vs 9.2
9.5 vs 8.7
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9.5 vs 9.0
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9.5 vs 8.3
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9.5 vs 9.0
9.5 vs 9.0
9.5 vs 8.9
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9.5 vs 8.8- 9.5 vs 8.8
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9.5 vs 8.4- 9.5 vs 8.0
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9.5 vs 8.0
9.5 vs 8.0- 9.5 vs 8.0
9.5 vs 9.1
Where SEB EE is available
- Available
- Estonia
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does the card cost to keep?+
The card is a credit card with an annual fee of €19.20 and an APR of 18% on balances. There is no monthly fee on the account, and the pricing sits under a no monthly fee model. Cards with a €0 median annual fee are the more common choice, so this one costs more to hold.
Does the card give any rewards?+
No. The card carries a rewards type of none, so spending earns nothing back in cash, points or miles. The value has to come from the rate instead, which is 18% APR, and from the fact that the yearly cost is a single €19.20 fee rather than ongoing monthly charges.
Can I repay a loan early without a charge?+
Yes, early repayment is free on the small personal loan. Funding is fast: the loan arrives the same day, immediately after signing the contract. Terms run 6 to 84 and the amount sits at €25,000 to €40,000, so it is built for home improvement rather than for consolidating larger debts.
What do I need to qualify for the small loan?+
You need an SEB current account to stay open for the whole loan period, and all of your income has to be paid into an SEB account. That condition is what makes this different from a broker that lends without any account tie. The use case it is built for is home improvement.
Can I get my money out of the savings account quickly?+
It is an easy access account with no notice period, so there is nothing to wait out. Withdrawing to a current account is free from the third calendar day, while a same day transfer carries a percentage fee with a minimum charge. The minimum deposit is €0, so the account can be started small.
What does the savings account pay?+
The headline rate is 1.65% and it is a variable rate, so it can move. For context, the site median headline rate is 3% and the lower quartile sits at 1.5%. Being variable means the return follows the base rate rather than being locked in.
Can I insure a car or a home through the same provider?+
Yes, the insurance side runs as a broker rather than a direct insurer, covering car, home, life and travel policies. The car cover starts at a €149 premium for travel insurance and can be paid monthly. Claims can be handled by phone, email, chat or online self service.
What do the mortgages and robo investing look like?+
The home loan offers an initial rate of 1.4% and an APRC of 3.66%, fixed for 0.5, with borrowing up to 85% of the property. The robo investor takes a management fee of 0.61% with a minimum investment of €10, running an ETF portfolio.
Sources
- seb.ee checked September 26, 2026
Backs: Insurance types
“Kindlustus: Kahjujuhtum, Elukindlustus, Laenukindlustus, Kodukindlustus, Reisikindlustus, Soidukikindlustus”
- seb.ee checked September 26, 2026
Backs: Support channels
“Küsi virtuaalselt nõustajalt; Kirjuta meile internetipangast; Helista meile; Sotsiaalmeedias”
- seb.ee/araklient/laenud/vaikelaen checked September 26, 2026
Backs: Loan amount, Eligibility, Features, Free early repayment, Funding time, Loan types, Representative example, Term, Use cases
“kuni 25 000 eurot (kui esitad taotluse üksinda); kuni 40 000 eurot (kui esitad taotluse kaastaotlejaga)”
- seb.ee/eraklient/hoiuste-intressimaarad checked September 26, 2026
Backs: Rate type
“Kogumishoius (k.a Digikassa) - Võimalus oma vaba raha jooksvalt kasvatada. Intressimäär on aastas 1.65%”
- seb.ee/eraklient/kindlustus/kodukindlustus checked September 26, 2026
Backs: Provider type
“AS SEB Pank ja SEB Liising tegutsevad AB "Lietuvos draudimas" Eesti filiaali kindlustusagendina ja on kantud Finantsinspektsiooni veebilehel avalikustatud kindlustusvahendajate nimekirja”
- seb.ee/eraklient/kindlustus/reisikindlustus checked September 26, 2026
Backs: Claims channels, Premium from
“Teata kahjust PZU iseteeninduses; Reisil olles helista PZU oepaevaringsele klienditoe numbrile +372 622 4545”
- seb.ee/eraklient/kindlustus/soidukikindlustus checked September 26, 2026
Backs: Cover limit, Excess from, Monthly payments
“Lemmiklooma kindlustussumma kindlustusjuhtumi kohta kuni 3 lemmiklooma peale kokku on 2 000 eurot”
- seb.ee/eraklient/kogumine-ja-investeerimine/kogumine/kogu... checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Minimum deposit
“Väljamaksed tasuta alates kolmandast päevast ... Soovides ülekannet samal päeval arvelduskontole kaasneb teenustasu 0,5%, min 1,60 eur.”
- seb.ee/eraklient/kogumine-ja-investeerimine/roboinvestor checked September 26, 2026
Backs: Management fee, Minimum investment, Portfolio types
“Haldustasu 0,61% aastas (koos KM-ga)”
- seb.ee/eraklient/laenud/kodulaen checked September 26, 2026
Backs: APRC, Fixed period, Initial rate, Maximum loan to value, Product fee, Purpose
“Kodulaenu (home loan) initial cost of credit rate is 3,66% ... loan amount 150 000 euro, term 26 years, contract fee 600 euro”
- seb.ee/hinnakiri checked September 26, 2026
Backs: Pricing model, Monthly fee, Arrangement fee, Origination fee (%)
“Kogumishoius - avamine tasuta; esmane sissemakse hoiuse avamisel tasuta; automaatne balansseerimine tasuta”
- seb.ee/koduleht checked September 26, 2026
Backs: Lender type
“Olete finantsteenuseid pakkuvate ettevõtete AS SEB Pank, SEB Life and Pension Baltic SE Eesti filiaal, AS SEB Liising ja AS SEB Varahaldus kodulehel”
- seb.ee/kontakt checked September 26, 2026
Backs: Headquarters, Legal entity
“AS SEB Pank Aadress: Tornimäe 2, 15010 Tallinn, Eesti Vabariik”
- seb.ee/seb-st/organisatsioonist checked September 26, 2026
Backs: Founded
“SEB Grupp on juhtiv Põhjamaade finantsteenuste grupp, mis asutati 1856. aastal.”
- seb.ee/sites/default/files/price_list/teenuste_hinnakiri_... checked September 26, 2026
Backs: Annual fee, APR, Card kind, Rewards type
“Mastercard credit card | Total annual fee | EUR 19.20”
Compiled from 15 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee.
SEB EE
Existing SEB account holders who want a fee-based credit card and do not mind paying for it.