Swedbank Latvia review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Swedbank Latvia is a straightforward Latvian bank debit card rather than a crypto card, so it suits everyday spending funded from a bank balance. It charges a monthly fee of €3.50, which is the main thing weighing against it on cost.
Pros and cons
Pros
- A simple debit card linked to a bank account, not a crypto platform
- Support runs by email and phone through email and phone
- Based in LV and operating since 1997, so it is an established local bank
- The site median for monthly fees is €0, and this card charges €3.50
Cons
- A monthly fee of €3.50 applies, where the free plan share on the site is 79.5%
- Support runs on email and phone only, and chat is not among those channels
- Prepaid and virtual cards are not among its options, since debit is the type it issues
Who it suits
- Latvian residents paying everyday bills from a local bank account
- People who want a debit card rather than a crypto-linked card
- Customers who value phone and email support over app chat
Who should look elsewhere
- Crypto buyers who need a card tied to digital assets
- Monzo Flex and Wise, which charge a monthly fee of £0 and £0
- Bitpanda, whose monthly fee of €0 suits those who want a crypto card instead
How Swedbank Latvia compares
8.8 vs 9.4
8.8 vs 9.0
8.8 vs 8.2
8.8 vs 9.5
8.8 vs 9.6
8.8 vs 9.0
8.8 vs 9.1A monthly fee of €0 comes with a crypto card focus, so it covers buying and holding digital assets rather than plain bank spending.
8.8 vs 8.9
8.8 vs 8.1
8.8 vs 8.2
8.8 vs 9.5
8.8 vs 9.4
8.8 vs 9.2
8.8 vs 9.1
8.8 vs 9.0
8.8 vs 8.9- 8.8 vs 8.8
8.8 vs 8.8
8.8 vs 8.6
8.8 vs 8.5
8.8 vs 8.3
Frequently asked questions
What does the Swedbank Latvia card cost each month?+
The card is a debit card and the account carries a monthly fee of €3.50. For comparison, the free plan share across the site is 79.5%. That charge is the main reason to weigh this card against alternatives.
Is Swedbank Latvia a crypto card?+
The card on offer is a debit card rather than a crypto card, and prepaid or virtual types are not among what it issues. Spending runs from a bank balance, so buyers of digital assets need a separate platform.
Who regulates Swedbank Latvia?+
The card is offered by a bank headquartered in Latvia, which has been operating since 1997. Its products sit with the bank itself rather than with a crypto platform, so the money stays in a bank account.
How do I get help from Swedbank Latvia?+
Support runs on email and phone. Across the wider site, phone support appears on 44.7% of listings and email on 60.9%, so both of these routes are common ways to reach a provider.
Can I use the Swedbank Latvia card outside Latvia?+
The account is based in Latvia, so it is built for people living there. Spending abroad will depend on the card network terms, and the site median for foreign exchange fees is 1%.
What is Swedbank Latvia not good for?+
It suits ordinary spending from a bank balance, but it does not give you a crypto card or digital assets. Monzo Flex charges £0 and Wise charges £0, so a fee free account is worth comparing if you want to hold money only.
Where does the Swedbank Latvia card sit on monthly fees?+
The monthly fee of €3.50 puts it high on monthly fee rankings here, at 339 of 379 brands. The median monthly fee across the site is €0, while 79.5% of listings are free.
Sources
- swedbank.lv/about/contacts checked September 26, 2026
Backs: Founded, Headquarters, Support channels
“taking its current name, Swedbank, in 1997”
- swedbank.lv/private checked September 26, 2026
Backs: Monthly fee
“With the Daily service plan - For only 3.50 euros a month”
- swedbank.lv/private/home/cards/debitCards checked September 26, 2026
Backs: Card type
“debitCards - Swedbank debit cards page”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.
Swedbank Latvia
Latvian residents who want a plain bank debit card for daily spending.