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Flexible everyday finances - Money for surprise expenses

Make sure that you have cash to cover day-to-day expenses. There are many ways by which you can prepare against surprise expenses or changes in income.

Flexibility in your everyday finances

Sometimes in life, we may face surprise expenses, sudden drops, or loss of income. Unexpected situations include a car breaking down, medical bills for you or your family member, and changes at your workplace. 

Luckily, there are many tools that offer flexibility for your everyday finances. You should think ahead and plan your options in the event that a drop in income or an unexpected expense upsets your personal finances. 

Secure your finances with a buffer

You should make sure that you have sufficient funds in reserve by two means: by keeping a savings buffer, and having a credit card. 

You can get started with saving with even a small amount

Saving helps you manage your daily finances and builds your wealth in the long term. You can get started even with a small amount.

It is smart to prepare for unexpected expenses – they don’t always come at the right time. For example, Money Box is an easy way to accumulate savings in small amounts. 

Learn more about the Money Box 

A credit card offers flexibility with no extra hassle

By choosing a credit card with a sufficiently high credit limit, you are prepared against unexpected situations and always have enough spending money in spare without extra hassle.

With a credit card, you can pay larger purchases in instalments that suit your finances, for example. When paying by credit card, you also get an interest-free payment period of 35 days on average. 

You can also raise your current credit limit. No additional fee is charged for raising the credit limit, and the price of your credit card will remain the same. You can raise your credit limit yourself at op.fi or on OP-mobile.

When choosing the credit limit, think about what kinds of large or sudden expenses could come up if a household appliance or a vehicle breaks down, for example.

Please note that your credit limit is not the same as your card’s spending/withdrawal limits. You can set a low spending/withdrawal limit for your card and increase it on op.fi or OP-mobile whenever necessary.  Keep in mind that in online shopping, paying by credit card is always the safest method. 

Learn more about OP’s credit cards

Change your card’s credit limit or spending/withdrawal limits

Transferring money from a credit card to your bank account

If you have a credit card, you can easily transfer money to your current account in the online bank or OP-mobile. 

Keep in mind that if you are short of cash, you can also make use of your credit card to withdraw money at an ATM.

Improve your flexibility with a continuous line of credit

Of the various types of line of credit available, the credit card is the most common. You can also improve your financial flexibility with Flexible Consumer Credit. It is a loan that functions similarly to a credit card in that you can always withdraw funds to your account. As you pay off the line of credit, you are free to withdraw more funds up to the limit. 

Learn more about Flexible Consumer Credit

Flexibility for your loans - apply for a repayment holiday

As our loan customer, you can apply for loan repayment holidays. During these months, you pay only the interest for the loan. By taking repayment holidays, you can redirect your money to more pressing needs. For the best benefit, apply for a repayment holiday for a large loan such as your home loan. 

You can also apply for a repayment holiday for other loans and for car financing. During your repayment holiday, you pay only the interest on your loan. 

Learn more about repayment holidays 

‘My financial balance’ on OP-mobile helps to better understand your finances

It is smart to keep track of your finances even in normal day-to-day life. On OP-mobile, you can easily see your expenses and income with the ‘My financial balance’ tool.  It helps you get a clear picture of your income and expenses. For example, how much do you spend on necessities and luxuries in a month, and are you managing to save?

Check out ‘My financial balance’ 

Instant and unsecured loans 

Even if you are in a difficult financial situation, we do not recommend taking out instant or unsecured loans if you lack sufficient funds to pay them back. Before applying for a loan, always check the maximum amount of monthly repayment that you can afford. 

If you are in need of a loan, always turn to your own bank first. Asking us for a loan offer is free and non-binding. The offer shows the price of the loan you want and the amount of monthly repayments. Our expert will also have reviewed your financial situation and can offer advice if necessary. OP is a responsible creditor. We always want to make sure that the size of a loan is suitable for your situation and that you won’t have any problems in repaying it.

Payment difficulties - don’t wait to take action

If you are having payment difficulties, don’t waste time in contacting the bank. This way, we can help you find the right solution for your situation. In many cases, the issue can be solved with an extension of the loan term or a repayment holiday, for example. 

By dealing with the problem in time, you have a better chance of making the needed arrangements. When you act quickly, you avoid unnecessary penalty interest, collection charges and payment default entries.

See what help is available for payment difficulties 


The financing is granted by OP Card Company plc or OP cooperative bank, depending on the financing product.