Morrow Bank Mastercard
The Morrow Bank credit card was a slightly lesser-known card in Finland. Its marketing had been fairly low-key, but feature-wise it compared well with its competitors. We decided to take a closer look at the Morrow Bank Mastercard and assess who this card suited.
Issued by a Norwegian Bank
Morrow Bank was previously known as Komplett Bank. We acquired the bank’s credit card years ago and got to know its features back when the bank still operated under the Komplett Bank name. When the name changed, the card’s terms remained largely the same, but on May 1, 2026, the card was significantly revised – unfortunately for the worse. The name Morrow comes from the English word tomorrow, so Morrow Bank refers to “the bank of tomorrow”.
Morrow Bank is a Norwegian online-only bank. Its business model is very similar to Bank Norwegian, which offers its Visa card in Finland. Morrow Bank specialised in offering loans, but it also had a Mastercard-based credit card. Unlike Bank Norwegian, Morrow Bank did not offer a savings account to Finnish customers.
Morrow Bank Credit Card in a Nutshell
The credit card issued by Morrow Bank operated on the Mastercard network. When used correctly, it could be completely free: there was no annual fee, and purchases enjoyed an average interest-free payment period of about 50 days. If the balance was not paid by the due date, however, the credit became expensive, which was quite typical for credit cards.
By making use of the card’s interest-free payment period, everyday spending could be consolidated onto a single bill at no extra cost. Using the revolving credit, on the other hand, generated interest charges, so it made sense to pay the invoice in full by the due date.
Morrow Bank stated that the card’s credit limit could be as high as €10,000, but the actual limit was always set individually. Only a few customers received such a high limit; for most, it was clearly lower. A credit limit of just a few thousand euros was sufficient for everyday use.
When travelling, the credit limit should be high enough, as hotels and car rental companies place temporary holds on the card as security for their services.
Applying for the card was made easy. Any Finnish resident over 23 years old with a clean credit history could apply at any time through the bank’s website. The application was signed electronically, as we did with Nordea online banking credentials. After approval, the applicant could choose their own PIN code, and the card was delivered home in as little as a week.
The application process was surprisingly quick and straightforward. The card could be ordered even at the last minute before a trip, but we recommended completing the application well in advance.
Card Features
No Annual or Monthly Fees
The Morrow Bank credit card could be completely free when used properly. There were no annual or monthly fees, and purchases did not accrue interest if the bill was paid in full by the due date. Otherwise, using the card could lead to significant borrowing costs.
If the invoice was not paid by the due date, the interest rate rose to more than 19 per cent. This was a high level, so using the revolving credit required careful consideration. Interest was also charged on cash withdrawals from ATMs. Even though the price list stated that cash withdrawals were free, the reality was different. Interest started accruing on the withdrawn amount from the moment of withdrawal until the bill was paid. In addition, a 1.75 per cent fee was charged for currency conversion, which was quite standard for credit cards. The Morrow Bank card was not a good choice for cash withdrawals; for that, the Bank Norwegian Visa card was better suited.
Customisable PIN Code
These days, almost all payment cards allow you to choose your own PIN code. The same applied to the Morrow Bank Mastercard. The PIN code could be selected after the application was approved and before the card was dispatched.
Support for Apple Pay, Google Pay, Samsung Pay and Garmin Pay
The Morrow Bank credit card supported Apple Pay, Google Pay, Samsung Pay and Garmin Pay.
Mobile payments made using the card are more convenient. There was no need to carry the physical card, as payments could be made securely directly with a phone. Purchases were therefore easy even if the wallet had been left at home, as long as the phone was at hand. You might also like to explore Curve Pay.
Morrow More – Rewards Programme
Morrow More was Morrow Bank’s rewards programme, which, according to the bank, brought all card benefits together and offered rotating discounts, deals and experiences. At the heart of the programme was More Experience, which regularly provided customers with updated benefits such as discounts, special offers and experiences.
In practice, Morrow More worked as a collection of offers. In May 2026, for example, deals were available for Emma Theatre, SuperPark, STS Alppimatkat ski holidays, Podimo and Tampere Theatre. Compared with the previous benefits, the new model was clearly different and resembled more of a distribution channel for partner offers. Based on first impressions, the user benefit remained fairly limited.
Morrow Bank’s credit card previously had a competitive cashback-style bonus programme that offered 2% bonus on online purchases and 1% on other purchases. The bonus accrued as points (10 points = €1) and could be used to pay credit card bills. Bonus was earned on purchases over €5, and the annual maximum was 2,000 points (€200). This bonus programme ended on May 1, 2026 and was no longer available.
Insurance
Another feature marketed as useful was the card’s insurance coverage. Several complementary insurance policies were included with the card.
Travel Insurance
The travel insurance was valid when at least 50% of the trip’s cost was paid with the Morrow Bank credit card. The insurance covered not only the cardholder but also family members and, alternatively, up to three travel companions, provided everyone travelled together on the same trip. When the family travelled, the cardholder themselves did not need to be present.
The insurance applied to trips abroad lasting up to 60 days, and the journey had to start from a Nordic country. Trips within Finland were not covered.
The travel insurance had a deductible of €150 in the event of a claim. Baggage was covered, but the protection was limited. The insurance offered good basic protection, but did not replace a separate travel insurance policy.
The insurance was provided by Zurich Insurance Company (formerly Gouda).
Rental Car Excess Waiver
A useful extra for travellers was the rental car excess waiver insurance, which was included in the card’s travel insurance at no additional cost. In the event of damage, the insurance reimburses excess costs up to €2,000. The protection primarily applied to rental cars but could also cover other rented vehicles, depending on the policy terms.
A similar excess waiver was, for example, available as an add-on service for the Bank Norwegian Visa card.
Purchase Protection Insurance
The card included purchase protection insurance that covered items paid for with the card against theft and accidental damage.
The insurance was valid for 90 days from the date of purchase, with a deductible of €50. The maximum compensation for a single item was €2,500, and the maximum per insurance period was €5,000.
To be covered, the item had to be paid for with this card, and the damage had to occur in Finland.
Identity Theft Insurance
Identity theft refers to a situation where someone uses your personal data without permission, for example, to apply for a loan, which can cause financial losses and additional costs. The Morrow Bank Mastercard included complimentary identity theft insurance that covered legal expenses in such cases.
The insurance covered costs up to €50,000 and was designed to cover legal expenses arising from resolving an identity theft case.
Our Experience With the Morrow Bank Credit Card
We applied for the card years ago so that the process may have changed slightly since then. Most likely, any changes have been for the better. Application processes for most credit cards followed a very similar pattern.
Applying for the Card
We applied for the Morrow Bank Mastercard via the bank’s website. The card was available to applicants over 23 years old who had their finances in order. The application required basic personal details as well as information about our life situation and income. A preliminary decision on the card and credit limit arrived in about 30 seconds.
After the preliminary approval, the application was supplemented with additional information. As is standard in the industry, the bank requested details related to anti-money laundering, as well as our latest payslip electronically. In total, completing the application took only about five minutes.
The final decision arrived by email within a few days. After that, we chose a PIN code for the card, and the bank produced and mailed it. From submitting the application to receiving the card, the whole process took around a week.
If the application was not completed with the requested information, the bank sent several reminders by email and text message. The application was signed electronically with Finnish online banking credentials.
Morrow Bank App
Information about the Morrow Bank credit card could be viewed and managed via the Morrow Bank mobile app. The app was available in app stores and was quick to set up.
The app was clear and easy to use. After the first strong authentication, logging in could be done with a chosen PIN code or fingerprint. The app allowed real-time tracking of card transactions and viewing of account details and invoices. If necessary, the card could also be temporarily blocked through the app, for example, if it went missing.
Over the years, the app had improved noticeably.
Our Rating for the Card
The Morrow Bank card still offered useful benefits with no annual fee, especially its extensive insurance cover and versatile mobile payment options. However, the end of the previous bonus programme reduced the card's overall value, and Morrow More did not offer the same straightforward financial benefit. We rated the Morrow Bank credit card at four stars.
Is the Card Worth Applying For?
As a no-annual-fee product, the Morrow Bank Mastercard was still worth considering, but its appeal had diminished. The card offered several useful features at no extra cost, such as comprehensive insurance coverage. Still, the credit itself was fairly expensive and therefore not suitable for long-term borrowing.
The biggest change was the end of the previously competitive bonus programme. The replacement, the Morrow More rewards programme, mainly offered rotating deals and discounts whose value was clearly lower than the previous bonus model. This reduced the card’s overall value, especially for active users.
The card’s strengths still included the lack of annual fees, mobile payment options and broad insurance coverage, which made it a practical general-purpose card and a good addition, for example, when travelling.
The card also had weaknesses. Cash withdrawals were not truly free, as they accrued interest from the moment of withdrawal and incurred a 1.75% currency conversion fee. In addition, the rewards programme did not provide significant financial benefit.
Overall, the Morrow Bank Mastercard is best suited to users who value a fee-free card and solid insurance coverage but do not expect substantial financial rewards or bonuses from their card.
Questions and Answers
Where does the name Morrow Bank come from?
What does the Morrow Bank Mastercard cost?
What free insurance is included with the card?
Are cash withdrawals free?
Is the Morrow Bank Mastercard suitable for travellers?
Bottom Line
Applying for the Morrow Bank Mastercard was still easy, and the card was delivered quickly. The card offered several useful benefits with no annual fee,e and, when used correctly, it could be completely free. Its insurance coverage in particular made it a practical additional card for travellers, for example.
However, the card’s overall value had declined compared with earlier. The removal of the traditional bonus programme and its replacement by the Morrow More rewards scheme meant that the direct financial benefits were smaller than before. The current programme focused more on offers than on concrete savings.
The Morrow Bank Mastercard worked best as a fee-free general-purpose card with strong insurance benefits, but for active use or serious bonus collecting, there were better options on the market.
There were plenty of alternatives on the market, and even though the Morrow Bank card was not aimed specifically at travellers, its insurance coverage and lack of annual fees still made it a worthwhile addition to many wallets.
Learn more about the payment card on the card issuer’s No link and submit your application!