1. How can I pay off and terminate my Erämaksu credit facility?

To terminate your credit facility, please contact Nordea Finance Customer Service . We will calculate a final balance for the end date of your choosing. Once you have repaid the final balance, your credit is terminated automatically.

2. How can I change the monthly payment of my Erämaksu credit facility?

To change your monthly payment, please contact Nordea Finance Customer Service . Changes to the repayment schedule are subject to a fee set in our tariff.

3. Can I increase my Erämaksu credit facility?

Erämaksu is a one-off credit facility, so it’s not possible to increase it. You can, however, have multiple Erämaksu credit facilities at once.

4. How will I receive my Erämaksu invoices?

Your invoices will be sent to the address you have on record in the Finnish Population Information System.

5. Where do I find up-to-date information about my Erämaksu credit facility?

You can see up-to-date information about your credit facility, such as your outstanding credit amount, on your invoice. Alternative, you can contact Nordea Finance Customer Service to inquire about your credit details. For the moment, credit details are not available in Nordea Mobile or Netbank or in the OmaLuotto service.

6. Where do I find my Erämaksu agreement and the terms and conditions?

Your agreement and the terms and conditions are available in Nordea’s Omaposti service .

Pay back in instalments you can afford with our new Erämaksu credit facility

Our Erämaksu credit facility may be a good option when you’re making a larger one-time purchase in-store or online. Perhaps you need to replace a broken home appliance, get a locally made fitted wardrobe for your bedroom or buy a new boat made from recycled aluminium for your summer cottage? Erämaksu allows you to make more sustainable purchases that are also better for the environment. You can continue the Erämaksu credit application started by the vendor via the button below.

A Finnish way to pay

Erämaksu is a flexible and easy way to pay. You can choose a monthly payment that suits your particular situation and see the total price you’ll pay for the purchase and credit already before your application is approved. No surprises or hidden fees.

Erämaksu is available to the customers of all Finnish banks.

Benefits of Erämaksu for you

Available to all Finnish banks’ customers
Interest rate 8% + the 3-month Euribor
The account management fee depends on the credit amount but is no more than 9.00 euros per month (see further details below on this page)
No opening fee, no annual fee
Instant credit decision when making the purchase
For purchases up to 30,000 euros
You can choose a payment period between 6 and 59 months depending on the price of your purchase
You can pay off your Erämaksu credit facility whenever you like without any extra cost.
Our Finnish-speaking customer service is available to assist you online and by phone.

How to access an Erämaksu credit application submitted by a vendor

Click the link at the top of the page to access the application form.
Verify your identity with your online banking credentials and finalise your application.
Once we have approved your application, we will send our decision directly to the vendor and you can then complete your purchase using Erämaksu.

6 facts about Erämaksu

For one-time purchases between 500 and 30,000 euros
A one-off credit facility you can use to pay for a purchase online or in-store
You can have multiple Erämaksu credit facilities at once
Available to the customers of all Finnish banks
You need online banking credentials from a Finnish bank or a mobile ID to apply
You must be 18 or older and have a clean credit record to apply

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Instant credit decision when making the purchase

You can apply for an Erämaksu credit facility at checkout in-store or online and choose your monthly instalments. You get a credit decision instantly. There’s no need for you to visit your bank or online bank to have the credit approved. When you choose Erämaksu, you get the decision right away.

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You can have multiple Erämaksu credit facilities at once

Erämaksu is a one-off credit facility you repay in instalments of your choosing. You also have the option of paying off your entire Erämaksu credit facility in one go with no extra cost. You can have multiple Erämaksu credit facilities at once, for example, if you need to pay for a kitchen remodel and buy a new jetty for your holiday home.

Spread the cost of a larger purchase with Erämaksu

Erämaksu is a one-off credit facility available at checkout in our partners’ online and physical stores. It allows you to make large purchases up to 30,000 euros at 8% interest plus the 3-month Euribor rate.

Account management fee

The account management fee for Erämaksu depends on the credit amount you apply for. Please see the table below for examples of credit costs.

Credit amount	Interest rate	Monthly account management fee	Annual Percentage Rate (APR)	Total credit costs	Total amount of credit
EUR 750	8% + the 3-month Euribor	EUR 0.00	12.6%	EUR 49.18	EUR 799.18
EUR 2,000	8% + the 3-month Euribor	EUR 3.00	16.2%	EUR 167.16	EUR 2,167.16
EUR 4,000	8% + the 3-month Euribor	EUR 6.00	16.2%	EUR 334.32	EUR 4,334.32
EUR 7,000	8% + the 3-month Euribor	EUR 9.00	15.7%	EUR 567.05	EUR 7,567.05

Account management fee:

Monthly account management fee EUR 0.00 when the credit amount is EUR 500–999.99

Monthly account management fee EUR 3.00 when the credit amount is EUR 1,000–2,999.99

Monthly account management fee EUR 6.00 when the credit amount is EUR 3,000–5,999.99

Monthly account management fee EUR 9.00 when the credit amount is EUR 6,000 or more

Frequently asked questions about Erämaksu

1. How can I pay off and terminate my Erämaksu credit facility?: To terminate your credit facility, please contact Nordea Finance Customer Service. We will calculate a final balance for the end date of your choosing. Once you have repaid the final balance, your credit is terminated automatically.
2. How can I change the monthly payment of my Erämaksu credit facility?: To change your monthly payment, please contact Nordea Finance Customer Service. Changes to the repayment schedule are subject to a fee set in our tariff.
3. Can I increase my Erämaksu credit facility?: Erämaksu is a one-off credit facility, so it’s not possible to increase it. You can, however, have multiple Erämaksu credit facilities at once.
4. How will I receive my Erämaksu invoices?: Your invoices will be sent to the address you have on record in the Finnish Population Information System.
5. Where do I find up-to-date information about my Erämaksu credit facility?: You can see up-to-date information about your credit facility, such as your outstanding credit amount, on your invoice. Alternative, you can contact Nordea Finance Customer Service to inquire about your credit details. For the moment, credit details are not available in Nordea Mobile or Netbank or in the OmaLuotto service.
6. Where do I find my Erämaksu agreement and the terms and conditions?: Your agreement and the terms and conditions are available in Nordea’s Omaposti service.

Erämaksu is a one-off credit facility with a fixed repayment period. With a 12-month repayment period, the 3-month Euribor (May 2024) + 8% as the credit interest rate and a monthly account management fee of 3.00 euros, the annual percentage rate for a credit amount of 1,500 euros is 28.9%, the price of credit is 1,706 euros and the monthly payment is 142.15 euros. The creditamount may range between 500 and 30,000 euros. The credit is granted by Nordea Finance Finland Ltd, Aleksis Kiven katu 9, Helsinki.

Terms and conditions

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Terms and conditions

General credit terms and conditionsOpens new window

Standard European Consumer Credit InformationOpens new window

Tariff

Interest rate	3-month Euribor + 12.00% or 8.00%
Account management fee	EUR 0.00–9.00 per month (but no more than 0.01% of the credit amount per day)
Opening or annual fee	EUR 0.00
Change to the repayment schedule	EUR 5.00 per change
Extension of the repayment period	EUR 5.00 per change
Interest or balance query	EUR 7.00 per statement
Copies of invoices and receipts	EUR 7.00 per copy
Obtaining the borrower’s up-to-date contact information	EUR 10.00 per query
Written investigations	EUR 17.00 per hour or part of an hour

Pay back in instalments you can afford with our new Erämaksu credit facility

A Finnish way to pay

Benefits of Erämaksu for you

How to access an Erämaksu credit application submitted by a vendor

6 facts about Erämaksu

Instant credit decision when making the purchase

You can have multiple Erämaksu credit facilities at once

Spread the cost of a larger purchase with Erämaksu

Account management fee

Frequently asked questions about Erämaksu

Terms and conditions

Tariff

Terms and conditions

Tariff

Contact us

Open Mon-Fri 9.00-16.00 (local network charge/mobile call charge)

Pay back in instalments you can afford with our new Erämaksu credit facility

A Finnish way to pay

Benefits of Erämaksu for you

How to access an Erämaksu credit application submitted by a vendor

6 facts about Erämaksu

Instant credit decision when making the purchase

You can have multiple Erämaksu credit facilities at once

Spread the cost of a larger purchase with Erämaksu

Account management fee

Frequently asked questions about Erämaksu

Terms and conditions

Tariff

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Contact us

Open Mon-Fri 9.00-16.00 (local network charge/mobile call charge)