Resurs Bank Credit Cards: Complete Review (2023)
Resurs Bank credit cards are more competitive and will help you save money in the current high-inflation context (if used the right way).
Compared to other niche banks (Marginalen, Santander, Bank Norwegian), the credit cards from Resurs Bank allow you to split payments into 6 interest-free installments, pay for invoices, and get a free savings account at 1.3% interest rate.
In this post, I go through all Resurs cards and share how I use this bank and my other credit cards. Make sure to check out these other related posts if you want to know more.
Resurs Gold
10.000 welcome points
Split into 6 interest-free installments
Free savings account (1.3%)
0.5 point per kr
Travel Insurance
Price: 245 kr / year
Resurs World
10.000 welcome points
4 Lounge visits per year
Split into 6 interest-free installments
Free savings account (1.3%)
1 point per kr
Price: 1068 kr / year
Resurs Classic
FREE (no annual fee)
Pay bills with your card
Split into 6 interest-free installments
Apple Pay & Google Pay
Extra cards
Price: 0 kr / year
Why I’m using Resurs Bank
The short version of the story is that Resurs Bank is one of the banks I use to beat inflation:
- I split payments into 6 interest-free installments (buy now, pay later)
- I put some of my savings into a free savings account that comes with the card, which gives you 1.3% interest
You can read my full Resurs Bank review here, and make sure to download my FREE Guide to Beat Inflation in 2023 for more tips.
Now the long story 🙂
I’m from Argentina where inflation skyrockets (90% and more per year). In Sweden, there was roughly 10% inflation in 2022. In this context the best you can do to make your money work best is a trick called buy now, pay later.
Why? Because your money will be worth less later. So 100kr today is more powerful than 100kr in 1 year.
If you buy a 15.000kr item in January, with 10% inflation, the same item will cost 15.750kr in July. Therefore, if you can buy it in January and split the payment into 6 installments with no interest, you will end up saving money.
With the Resurs Gold Mastercard, you can buy an item today and split it into 6 payments that are interest-free. You only need to pay the “administration fee”, which is the fee for issuing the “faktura”.
In the example above, you buy a 15.000 kr with Resurs Gold, and split it into 6 installments of 2555 kr. That’s a total of 15351 kr! Compared to the 15.750, you end up saving 419 kr at least. The administration fee is aggregated per month: if you split several things, you only pay one fee per month, saving even more.
On top of splitting the payment, you also get points for your purchases. A 15.000kr is 7500 points (75kr). In total, you’ve saved 494 kr on a single 15.000kr purchase.
Why Should You Get a credit card?
If you don’t have a credit card yet, check out this post on why you should get a credit card.
Resurs Bank Credit Cards in 2023
1. Resurs Gold
Short story: Use this card to beat inflation by splitting payments into 6 installments (interest-free). In addition, you get a 10.000 points welcome bonus (worth 100 kr), and a free savings account that gives you 1.3% interest on your money.
Pros:
- 10.000 points welcome bonus (worth 100kr)
- Rewards on all your purchases (0.5 points per kronor)
- Split payments up to 6 months interest-free! This is great to beat inflation, considering that Sweden has 10% inflation a year these days. Read more on this trick below.
- Great travel insurance and purchase protection included.
- Get a free savings account with 1.3% interest on your money. (e.g. deposit 10.000 kr, get 130 kr)
- Apple Pay and Google Pay
- Low fee (just 245kr / year)
- Up to 60 days of interest-free credit on every purchase.
Cons:
- Extra cards cost 50kr (for family members)
- No referral program for friends and family
Resurs Gold: Who is This Card for?
Resurs Gold is the most balanced option from Resurs Bank. For only 245 kr a year, you get extra benefits compared to Resurs Classic, such as rewards on all your purchases (cash back), plus travel insurance, and a free savings account.
After you spend your first 29.000 kr with this card, you would have earned a total of 24500 points, which are worth 245kr (the same as the annual fee).
Get this card: if you are not planning on traveling very often, you have money to put on a savings account, and you count on spending more than 29.000 kr with the card
Overall, a great choice this year, for only 245kr (you get it back pretty quickly).
2. Resurs World
Use the Resurs World card if you frequently travel and can take advantage of the lounge accesses (4 included per year). You can get points faster, plus use this card to beat inflation by splitting payments into 6 installments (interest-free). Resurs World also comes with a free savings account that gives you 1.3% interest on your money.
Pros:
- 10.000 points welcome bonus (worth 100kr)
- More points on all your purchases (1 point per kronor)
- Access Airport Lounges (4 passes per year, worth 1200 SEK)
- Split payments up to 6 months interest-free.
- Great travel insurance and purchase protection included.
- Free savings account with 1.3% interest on your money
- Concierge service
- Apple Pay and Google Pay
- Up to 60 days of interest-free credit on every purchase.
Cons:
- Can be costly if you don’t use the airport lounges (1068 kr / year)
- Extra cards cost 50kr (for family members)
- No referral program for friends and family
Resurs World: Who is This Card for?
Resurs World is the most premium product from Resurs Bank. The card is more expensive, but it earns double the cashback than Resurs Gold. It also comes with 4 passes to airport lounges per year and a concierge service.
Get this card: if you plan on using the 4 passes to airport lounges, then the card is already worth it. Those passes are worth about 1200 SEK if you try to buy them separately. The travel insurance and concierge service can also be attractive for travelers.
3. Resurs Classic
Resurs Classic is almost like a 6-months personal loan with zero interest. Get this card to pay for large expenses and split payments into interest-free installments.
Choose Resurs Classic instead of the other Resurs Bank credit cards if you don’t want to pay any annual fee, or if you already have a credit card you use for your everyday purchases. Ideal for home renovations, furniture, buying home appliances, etc.
Pros:
- Completely free! No annual fees
- Split payments up to 6 months interest-free.
- Apple Pay and Google Pay
- Up to 60 days of interest-free credit on every purchase.
- Pay for invoices
- Transfer money to a bank account directly from your credit card
Cons:
- No points or cashback on your purchases
- No savings account
- Extra cards cost 50kr (for family members)
- No referral program for friends and family
Resurs Classic: Who is This Card for?
Resurs Classic is the entry-level card from Resurs Bank. The card is free but does not come with a free savings account, or rewards/points on your purchases.
Get this card: If you already have other credit cards for everyday spending, this card can still be very useful to split large expenses and payments into 6 interest-free installments (great to beat inflation). Since there are no maintenance or annual fees, you can think of getting this card just for buying specific items you would like to split payments. You can also pay invoices with this card, making this card ideal for home renovations, furniture, contractors, home appliances, etc.
Wrap up
Here’s an example comparison of the part-payments paying with each of the 3 different Resurs bank cards. All examples are calculated based on purchases made on the first day of the month.
- Classic: Credit 10.000 SEK, interest-free installments for 6 months, 6 installments of SEK 1,667. Admin fee per month SEK 39 + SEK 97 setup fee (one time). Total amount SEK 10,331.
- Gold: Credit 15.000 SEK, interest-free installments for 6 months, 6 installments of SEK 2,500. Admin fee per month SEK 39 + SEK 97 setup fee (one time). Total amount SEK 15,331
- World: Credit 15.000 SEK, interest-free installments for 6 months, 6 installments of SEK 2,500. Admin fee per month SEK 39 + SEK 97 setup fee (one time). Total amount SEK 15,331.
As you can see, all the cards work the same way, so if your intention is to get them to split payments, there’s no difference between Resurs Classic, Resurs Gold, and Resurs World. On the other hand, Resurs Gold and Resurs World come with extra benefits if you are planning on using the cards for everyday spending or traveling.
I hope this post is useful and promise to keep it regularly updated with the most updated info.
If you have any further questions or wish to brainstorm or chat, feel free to reach out to me anytime on Instagram!
Enjoy!
Resurs Gold
Resurs Gold is the most balanced option from Resurs Bank. For only 245 kr a year, you get extra benefits compared to Resurs Classic, such as rewards on all your purchases (cash back), plus travel insurance, and a free savings account at a 1.3% interest rate. Use this card to split large expenses into 6 interest-free installments, and if you don't have a credit card for everyday shopping.
Product Brand: Resurs Bank
3.8
Pros
- 10.000 points welcome bonus (worth 100kr)
- Rewards on all your purchases (0.5 points per kronor)
- Split payments up to 6 months interest-free
- Travel insurance and purchase protection included.
- Free savings account with 1.3% interest on your money
- Apple Pay and Google Pay
- Low annual fee (245kr / year)
- Up to 60 days of interest-free credit on every purchase.
Cons
- Extra cards cost 50kr (for family members)
- No referral program for friends and family
Resurs Classic
Resurs Classic is the entry-level card from Resurs Bank. The card is free, but does not come with a free savings account, or rewards/points on your purchases. Get this card if you already have other credit cards for everyday spending, but still want to split specific large expenses into 6 interest-free installments. The Resurs Classic card can be ideal for home renovations, furniture, contractors, home appliances, etc.
Product Brand: Resurs Bank
3
Pros
- Completely free (no annual fees)
- Split payments up to 6 months, interest-free
- Apple Pay and Google Pay
- Up to 60 days of interest-free credit on every purchase.
- Pay for invoices
- Transfer money to a bank account directly from your credit card
Cons
- No points or cashback on your purchases
- No savings account
- Extra cards cost 50kr (for family members)
- No referral program for friends and family
Resurs World
Resurs World is the most premium product from Resurs Bank. The card is more expensive, but it earns double the cashback than Resurs Gold. It also comes with 4 passes to airport lounges per year and a concierge service. Get this card if you plan on using the 4 passes to airport lounges (worth 1200 SEK). The travel insurance and concierge service can also be attractive for travelers.
Product Brand: Resurs Bank
3.9
Pros
- 10.000 points welcome bonus (worth 100kr)
- Extra points on all your purchases (1 point per kronor)
- Access Airport Lounges (4 passes per year, worth 1200 SEK)
- Split payments up to 6 months interest-free
- Travel insurance and purchase protection included
- Free savings account with 1.3% interest on your money
- Concierge service
- Apple Pay and Google Pay
- Up to 60 days of interest-free credit on every purchase
Cons
- Can be costly if you don’t use the airport lounges (1068 kr / year)
- Extra cards cost 50kr (for family members)
- No referral program for friends and family
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