What is the Holvi Business Credit Card?
The Holvi Business Credit Card is a financial solution for businesses, providing a credit line of up to €50,000 to manage business expenses and cover payment gaps. It offers flexible repayment options, allowing users to make purchases immediately and choose to pay back next month or over time. No stress. Just control.
How does the Holvi Business Credit Card work?
When you apply for the Holvi Business Credit Card, we open a separate credit account for you with its own IBAN and credit line. All purchases made with your card are charged to this account, so it won’t affect your regular business account. It’s all about making managing expenses easier.
Your repayment options:
- Pay it off in full before the end of the month
- Pay it off next month
- Pay in 12 monthly instalments (available in Germany and Finland)
Your personalised credit line can go up to €50,000, with a fixed interest rate of 18% if you choose to pay in instalments. But if you pay it off by the end of the month, you won’t pay any interest. Simple.
When did these conditions come into effect?
These conditions came into effect on 29.01.2026. Customers who have applied for credit before the pricing change can keep their credit instalment options. The new pricing will only apply for those customers who apply for credit from the change date onwards. If you applied for credit with Holvi before this date and would like to switch to our current offering, please reach out to our customer support team.
How to apply for the Holvi Business Credit Card
How do I apply for a Holvi credit card?
Log in to Holvi.com, go to Cards > Order new card, select “Holvi Credit Card” under Choose a card type, and fill out the application.
Who can apply for the Holvi Business Credit Card?
The credit card is available to customers on Flex, Lite, Pro, Business and Zen+ (Finland only) plans – subject to application approval. Currently, the credit card is not available for companies registered in Austria, but it is coming soon.
Only the creator (main user) for a company registered in Germany or Finland can apply for a Holvi credit card.
About the Holvi Credit Card
What’s the difference between the Holvi Business Credit Card and the Holvi Business Debit Mastercard?
With the Holvi Debit Mastercard, funds are withdrawn directly from your business account. The Holvi Business Credit Card, however, gives you a credit line to use up to €50,000 - so you don’t need to rely on your current balance to make purchases.
Is the Holvi Business Credit Card virtual or physical?
Both! As soon as you sign up, you'll get a virtual credit card to use right away for online purchases. Want a physical card? No problem - just request one, and it’ll arrive in about 14 days. Both cards share the same credit line, so you can track your expenses and make payments easily.
Is the Holvi Business Credit Card contactless?
Absolutely! We’re Finnish, so of course, everything is contactless. Tap to pay anywhere Mastercard is accepted - globally.
Credit Checks, Credit Lines, and Credit Limits
How much is my credit limit?
Your credit limit is personalised and can range from €1,000 to €50,000. Once you pay off part of your balance, your available credit is topped up, and you can keep using it.
How are credit lines and interest rates determined?
Your credit line and interest rate (18%) are determined after an individual assessment when you apply. We base it on your creditworthiness and business details.
What’s a credit check, and does it cost anything?
As part of your credit card application, we are required to conduct a full credit check with the relevant credit agency. This check is free and necessary for our final lending decision, and is a standard part of the process to ensure we offer you the correct credit limit and plan.
Important for your score: In some countries, like Germany, this type of inquiry is registered by credit agencies and may be visible to other financial institutions. While this factor has a very minor and temporary effect on your score, we only perform this check when you formally submit your credit card application.
What else affects your credit decision?
We also consider:
- Historical payment data – either from the Holvi payment accounts or from payment accounts that are connected to Holvi via bank connections. A larger history can help better assess the financial stability and repayment capability of a business.
- Your history with Holvi. Being a responsible customer can improve your chances. The credit decision may be impacted by delayed payments or payment defaults that a user may have.
- Your existing financing from other lenders.
Repayment Options
How do instalments work?
You can spread your repayments over time, up to 12 months - whichever works best for you. If you choose instalments, a fixed interest rate of 18% will apply, but it’s all clear and predictable, with no hidden fees.
Can I avoid paying interest?
Yes — if you repay what you spent before the end of the same month, before we generate your monthly statement. To do this, make a manual repayment in the Holvi app. Once your monthly statement is issued, interest will apply based on your repayment plan.
What does automatic repayment do?
If you've set up automatic repayment, Holvi will automatically process your repayment according to your chosen plan (1 or 12 monthly instalments). It does not make early repayments on your behalf, so interest will still apply.
When did these conditions come into effect?
These conditions came into effect on 29.01.2026. If you applied for credit with Holvi before this date and would like to switch to our current offering, please reach out to our customer support team.
How do I decide which repayment plan I need?
It’s all about what works for you. If you prefer flexible, predictable payments, you can choose to repay over time. If you want to avoid interest altogether, you can opt to pay in full by the end of the month.
What happens if I miss a payment?
If your payment is overdue, you’ll be charged a €5 reminder fee, and your card will be locked until the minimum payment is received. If you still don’t pay after 45 days, the credit agreement may be terminated, and legal action could be taken to recover the debt. If you realise you missed a repayment, please make sure that you arrange to pay the amount due as soon as possible but there is no need to wait and contact customer support.
Credit Card Balance and Billing
How often is my credit card balance updated?
Your balance is updated in real time, so you can always see how much credit you have left after each transaction.
Where can I find my credit card bill?
Your bill will be available in the Holvi app and sent to your email. The payment is due on the last day of the month. You can also configure auto-verification for repayments to avoid forgetting to verify manually the payments.
What is the minimum monthly payment?
All purchases made with your Holvi credit card in a calendar month are bundled and split into the number of instalments you chose when applying for credit. Your minimum monthly repayment includes the due instalments, plus any interest.
How is interest calculated?
Interest is calculated on your outstanding balance at a rate of 18%. You only pay interest on the remaining balance - no interest on interest!
Fees
You can find all fees listed in the detail in your contract and our fee schedules.
Paying off your Holvi credit balance
Payments are made via bank transfer to your credit account. You can either pay the full balance or follow your chosen instalment plan. We’ll send you a push notification when your payment is due. Your credit account has its own IBAN so direct transfers are possible. You can find the IBAN by navigating to the Accounts section of Holvi on web and selecting your credit account.
Additional cards
Can I get multiple credit cards for my team?
Yes! The Holvi Business Credit Card now allows for multiple physical and virtual cards to be issued against a single credit line, making it easier to manage spending for your entire team.
How many physical and virtual credit cards can I order?
You can order a maximum of:
- 5 physical credit cards
- 10 virtual credit cards
How much do additional credit cards cost?
Your Holvi plan includes one virtual and one physical credit card. Additional cards beyond those included in your plan will be charged as follows:
| Card Type | Included in Plan | Additional Card Fee |
|---|---|---|
| Virtual Card | 1 | €2 per card |
| Physical Card | 1 | €3 per card |
If I order multiple cards, does my credit limit increase?
No. It is important to remember that all cards—both physical and virtual—share a single, unified credit line.
Regardless of how many cards you create, your team's total spending cannot exceed the set credit limit. For example, if your credit limit is €50,000, the sum of all transactions made across every card must not exceed €50,000.