MAJ BANK A/S products, services and reviews

About MAJ BANK A/S

MAJ BANK A/S is a Danish retail bank operating primarily online and supervised by the Danish Financial Supervisory Authority (Finanstilsynet). The institution focuses on straightforward consumer finance and deposit products, including unsecured personal loans, car financing, refinancing/consolidation loans, savings accounts, and term deposits, with applications and account servicing handled digitally using MitID for identification and strong customer authentication. It has no traditional branch network and targets customers residing in Denmark, with standard domestic payments and online banking access; service and documentation are primarily in Danish. As a credit institution established in Denmark, it is a member of the Danish Guarantee Fund for Depositors and Investors (Garantiformuen), which generally protects eligible deposits up to the equivalent of EUR 100,000 per depositor per bank under current rules, with certain types of temporary higher balances subject to special conditions and time limits; coverage limits, scope, and exclusions are defined by law and can change. Borrowing terms are risk‑based and subject to affordability and credit checks under Danish regulation, and interest rates, fees, and limits for both loans and deposits are published by the bank and updated periodically. The bank’s digital model emphasizes remote onboarding, electronic communication, and use of PSD2‑regulated interfaces for third‑party access where applicable; customer support is provided via standard remote channels during stated business hours. MAJ BANK A/S has operated under this name after a rebrand from Basisbank A/S; prospective customers should review the latest price lists, product terms, and eligibility criteria on the bank’s website before applying or moving deposits.