How to get a credit card in Norway.
Both credit and debit cards are widely accepted in Norway at most shops, restaurants, attractions and hotels. Holders of Visa, Eurocard, and MasterCard should be able to pay in the vast majority of places. Some smaller venues may not accept credit cards, but this is becoming much less common.
Once you are settled living in Norway, it’s possible to obtain a credit card. While credit cards can be valuable tools for managing your personal and household finances, care should of course be taken not to build up unnecessary debt.
Norwegian citizen? If you’re over the age of 18 and in full-time employment, you can apply now.
Not Norwegian? Once you have been living in Norway for at least one year, you have the opportunity to apply as long as you are in full-time employment and have paid all household bills on time. Typically, Norwegian credit card issuers will expect to see at least one full year’s tax return, so in practice it might be up to two years before you are accepted.
Norwegian credit card comparison
To help compare credit cards in Norway, the government has issued strict guidance on how they can be advertised. In the chart below you will see various pieces of information about the cards. Maks kreditt is the maximum allowable credit limit from that issuer, although in practice your own credit limit will be based on your income. A credit limit of around 10-15% of your annual salary is typical.
Årsavgift is the annual fee payable. There is also a statuary statement of the cost of borrowing a set amount of money over a 12 month period. Click vis mer (view more) to learn more information, such as the number of interest-free days and the charges payable for withdrawing cash both in Norway and abroad.