More than you expect
The Special World Elite travel insurance
Travel insurance covers an expanded range of insured risks, as well as higher indemnity sums.
The insurance policy is valid for private travel and business trips alike, for high risk sports such as mountain skiing, snowboarding and diving. The monthly fee for Mastercard World Elite covers the price of exclusive World Elite travel insurance.
The insurance coverage is valid for the spouse and all children of the card holder under the age of 21, if they travel together with the insured card holder.
Purchase insurance
Provided by AB Lietuvos draudimas
Examples of such purchases include furniture, musical instruments, sports and leisure items, toys, household appliances, computer and other goods intended for long-term use.
You do not need to submit any additional application to use purchase insurance. The service is free of charge and applies not only to purchases settled by card, but also to online purchases using a credit card account.
Mastercard Travel & Lifestyle Services (MTLS)
With your Mastercard World Elite credit card, you have the opportunity to use exclusive offers and help you plan your travels and leisure time. You can do this by contacting the travel and lifestyle manager directly by phone, e-mail or using the online platform, where you will find many exclusive.
You will also can participate in the most important sports and entertainment events both live and online.
You will be given access to various special sources of information, exclusive offers that will inspire more interesting life experiences and trips.
Registering for the MTLS service implies that you agree to the service provider's terms and conditions and privacy policy.
After registering, you will be able to access the special travelling offers. In addition, you will be assigned with a personal Travel & Lifestyle Manager 24/7 who will assist you with travel planning.
You can also contact the Travel & Lifestyle Manager 24/7 via phone +370 5 268 2000 (in English).
The monthly Mastercard World Elite fee covers the price of MTLS.
Mastercard Travel & Lifestyle Services (MTLS) does replace the Mastercard Concierge services.
Fast Track check-in at international airports
Upgrade your airport security experience with Mastercard® Airport Security Fast Track powered by DragonPass. Skip the queue. Maximise your time to relax, shop and dine in the airport. The list of airports participating in Mastercard® Airport Security Fast Track program can be found from this link
The Mastercard World Elite credit card provides Fast Track check-in at no additional charge for cardholder*).
To get access for booking the fast-track service:
- Please make sure that you have enabled internet purchases for your World Elite credit card;
- Register your personal account in the Mastercard Travel Experiences mobile app (available on iOS and Android operating systems) or website;
- After account registration you are ready to pre-order fast track for your upcoming airport visit.
Registering for the Fast track service means that you agree to the service provider's terms and conditions and privacy policy.
To book the fast track:
- Choose an airport, number of travellers, and the desired time slot;
- Use your free Fast Track passes or pay using your registered Mastercard World Elite credit card;
- Receive your eTicket via e-mail or in the app;
- Proceed to the Fast Track zone of the terminal you need and show Airport Fast Track e-ticket to gain access.
The „Fast Track“ service ordered at the desired time is valid for 30 minutes, so we advise you to order the service upon arrival at the airport, because e-ticket is received immediately via e-mail or mobile app.
For urgent questions or uncertainties at the airport, please call +44 7700 168 666 (in English).
Get the app to enjoy your airport experience
* If you are travelling not alone, you can also book Fast Track passes for your travelling companions. Please note that in this case, additional fees will apply - the charges will be displayed during registration in the app.
Easier Fast Track check-in at Riga and Tallinn airports
You can collect your invitation for the priority security check at a special terminal in front of the check-in area at Riga Airport. You can print up to two invitations every 24 hours.
At Tallinn airport swipe your Mastercard World Elite card at the terminal before priority security check.
Priority Pass
The Mastercard World Elite credit card can be used as Priority Pass™ membership card to enter more than 1500 airports business lounges worldwide
With Mastercard World Elite, you will be able to access the business lounges of the Priority Pass programme at no additional charge 12 times a year (for a single person). From the 13th visit, your credit card will be charged a standard lounge visit fee of USD 32.
You can register your Mastercard World Elite credit card in the Priority Pass homepage, or use the mobile app (available for both Android and iOS devices) to register your card and use mobile app to enter business lounges. With a Priority Pass account, you can follow the free visits left, see your lounge visit receipts, as well as other details related your Priority Pass membership.
You can also use your physical Mastercard World Elite to enter the airport business lounge.
The list of business class lounges, as well as the terms and conditions of the service, are available at the Priority Pass website https://www.prioritypass.com/en/airport-lounges.
You can also use your physical Mastercard World Elite credit card plastic to enter the airport business lounges.
Signing up for the Priority Pass program means you agree to the service provider's terms and conditions and privacy policy.
If you have any questions or concerns about the Priority Pass program, please contact the service provider at +44 20 8680 1338 (in English) or submit a ticket (in English).
* Free visits are counted per person: If the cardholder visits the lounge with 1 guest, 2 free-of-charge visits will be counted.
Important: You can use your existing Priority Pass plastic card until 1 June 2024. After that, you can access Priority Pass only with your Mastercard World Elite card or through the mobile app.
Discover possibilities with Mastercard World Elite
Renting a car? Mastercard World Elite provides discounts with leading rental car companies, such as Avis, Hertz and Rentalcars.com. World Elite ensures that you enjoy the freedom of the open road with ease and savings.
Need to book accommodations? With Mastercard World Elite, gain access to premium hotels and resorts worldwide, along with special offers and upgrades to make your stay extra comfortable.
Card payments
For additional security of online purchases made with cards, you need also to connect to your internet bank, thus confirming your identity.
Ways to repay the credit limit
You may choose between two ways to repay the credit limit
5% variable payments:
- 17% annual interest rate
- Repayment of 5% of used credit limit until the selected day of monthly payment
- Interest-free period for used credit card limit – up to 45 days. No interest applies if you repay the credit amount in full within 45 days (but no later than on the selected day of monthly payment)
Full credit repayment:
- 14 % annual interest rate
- Repayment of full used credit limit until the selected day of monthly payment
- We start calculating interest from the first day you use your credit limit
In case you lost your card
If your card is lost or stolen, please block it immediately:
- in the internet bank (section “Cards” → “My cards”);
- in the mobile app (in the Cards section, select your card and press Blocking);
- at +370 5 268 2800 (I–V 8.00–20.00, VI 9.00–18.00, VII 9.00–16.00)
| Issuance and delivery | ||
|---|---|---|
| Mastercard Gold card type | Credit | |
| Possibility to hold your own funds in the card | Yes | |
| Card usage fee1 | EUR 35 per month | |
| Card validity | 4 years | |
| Card issuance2 | EUR 35 | |
| Urgent card issuance2, 3 | EUR 30 | |
| Issuing new card if the old one is lost / stolen / damaged, if new PIN is issued or at cardholder's request before its expiry date (e.g., change of the cardholder’s name, surname, etc.) | EUR 10 | |
| Sending a card by regular post in Lithuania | EUR 2 | |
| Sending a card by registered post in Lithuania | EUR 4 | |
| Sending a card by regular post to another country | EUR 10 | |
| Sending a card via parcel machine | EUR 2.80 | |
| Collecting a card at SEB bank unit | EUR 5 | |
| Card renewal (upon expiry of the card validity) | Condition4, 5 | |
| Depositing of cash: | ||
| Depositing of cash into your own bank account in euros using SEB bank cash-in ATMs in Lithuania | Free of charge | |
| Total monthly cash deposit limit for all customer accounts and linked cards | EUR 10 000 | |
| Fee, if an individual limit in excess of the standard limit is approved | 0.07 % of an amount exceeding EUR 10 000 per month | |
| Cash withdrawal | ||
| At cash dispensing shops when paying by card an amount not less than EUR 5 | Free of charge from EUR 5 up to EUR 100 | |
| At ATMs of SEB Bank and other Lithuanian and foreign banks | 2 % (minimum EUR 3) | |
| At partners6 points of sale | 2.5 % (minimum EUR 4) | |
| Credit drawdown fees and terms | ||
| Credit limit | Up to EUR 30 000 | |
| Annual interest paid by a customer for the spent credit | 17 % | 14 % |
| Portion of the spent credit repayable on a monthly basis | 5 % of the spent credit (minimum EUR 7.24) | 100 % |
| Free of charge credit period up to 45 days | Applicable | Not applicable |
| Fee for changing the credit limit on a credit card at the bank’s branch | EUR 10 | EUR 10 |
| Monthly statements can be submitted: | ||
| At the online banking site | Free of charge | |
| At a SEB bank unit | EUR 5 | |
| Other services | ||
| Account balance at SEB Lithuania or other banks ATM7 | Free of charge | |
| Currency exchange fee in case of operation in other than the card account currency8 | 2.65 % | |
| Obtaining a copy of the receipt in case of payment in Lithuania9 | EUR 1.45 | |
| Priority Pass card | ||
| Card issuance | Issued free of charge to Mastercard World Elite card holders | |
| Card validity period | 4 years | |
| Card renewal (if damaged) | EUR 23.17 | |
| Invalidation of the card | EUR 28.96 | |
| Visit at the airport lounge (1 visit for 1 person) | USD 32.0010 |
1 The charge is debited on the 28th day of each month. If the card agreement is terminated prior to maturity on the customer’s request, the bank shall be entitled to apply and debit the fee for the current month.
2 There is an additional charge for sending / collecting the card.
3 This fee is added to the card issuance fee.
4 The fee is debited for the previous period on the 28th day of each card validity month. Upon early termination of the card agreement at the customer's request, the bank has the right to apply and debit the fee for the current month.
5 During the last month of the card validity, the card account balance must be 0 (zero) or positive.
6 Cash withdrawals from the terminals of “Perlas Finance”.
7 Checking the account balance in other ATMs of Lithuanian and foreign banks if they have provided such technical functionality.
8 For payment card holder transactions (e.g. payment at a point of sale or online, cash withdrawal at an ATM) by Mastercard payment card, if the transaction currency is other than euro, the transaction amount is converted into euro according to the exchange rate set by Mastercard International and valid on the day of the data processing. The relevant exchange rate applied by the international payment organizations is increased by the bank’s set 2,65 % currency exchange fee.
9 This fee is applied only if the customer is willing to receive the documents confirming the payment transaction by card and if identified that they include the cardholder’s signature or other data specifying that the cardholder paid by card.
10The fee is debited to the Mastercard World Elite card account in USD according to the non-cash selling rate set by SEB Bank (which is valid on the day of the card account debiting).
Calculation Sample of the Annual Percentage Rate of Charge (APRC)
If you obtain and use the credit limit of EUR 2,000 available in your credit card account, and the credit period makes 12 months, the total amount to be repaid by the borrower will make EUR 2,725.51 (if 5% fluctuating instalment method is selected for the credit repayment) or EUR 2,744.66 (if the credit will be repaid in a lump sum).
The above specified amount includes interest accrued within the credit period (fixed interest rate of 17 per cent (if 5% fluctuating instalment method is selected) or 14 per cent (if the credit will be repaid in a lump sum) has been applied in the calculation), the card issuance, collecting card at the bank’s branch and card use fee (service fees of contactless credit card Mastercard World Elite have been included in the calculation) and taking into consideration the selected credit repayment method and repayment day (15th day).
In such case, the annual percentage rate of charge makes 58.65 per cent (if 5% fluctuating instalment method is selected for the credit repayment) or 44.71 per cent (if the credit will be repaid in a lump sum). The annual percentage rate of charge and the total amount to be repaid by the borrower has been calculated taking into consideration the selected credit repayment method and the repayment day and making assumptions that the amount of outstanding credit is repaid within 12 months, the bank and the customer fulfil their obligations under the credit agreement within a specified period of time, interest rate and other charges remain the same as they were on the date of entering into the agreement on credit limit, the bank disburses the total credit on the agreement signature date and such amount is not repaid by the credit maturity date.
Useful information
Have a question about cards?
To get answers quickly please use the Virtual advisor on our web page.
For more detailed information about payment cards, their issuance and use terms as well as applicable fees please contact us at +370 5 268 2800 (I–V 8.00–20.00, VI 9.00–18.00, VII 9.00–16.00) or visit a SEB bank unit of your choice.
