Summary Box
The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
|
APR
Rates as shown, depending on individual circumstances
|
Representative 29.9% APR variable |
|---|---|
| Other APR's | 49.9% variable |
| Purchases | |
|---|---|
| Promotional Rates* | We may make promotional offers from time to time |
| Monthly Rate | 2.207% or 3.433% |
| Annual Rate | 29.95% or 49.94% |
| Cash transactions (if available) | |
|---|---|
| Promotional Rates* | We may make promotional offers from time to time |
| Monthly Rate | 2.207% or 3.433% |
| Annual Rate | 29.95% or 49.94% |
| Balance transfers (if available) | |
|---|---|
| Promotional Rates* | We may make promotional offers from time to time |
| Monthly Rate | 2.207% or 3.433% |
| Annual Rate | 29.95% or 49.94% |
| Money transfers (if available) | |
|---|---|
| Promotional Rates* | We may make promotional offers from time to time |
| Monthly Rate | 2.207% or 3.433% |
| Annual Rate | 29.95% or 49.94% |
| Instalment Plans (if available) | |
|---|---|
| Promotional Rates* | Charged at a rate equal to your standard purchase rate or as we let you know at the time |
| Monthly Rate | Not applicable |
| Annual Rate | Not applicable |
| Promotional Rates* | Monthly Rate | Annual Rate | |
|---|---|---|---|
| Purchases | We may make promotional offers from time to time | 2.207% or 3.433% | 29.95% or 49.94% |
|
Cash transactions
(if available)
|
We may make promotional offers from time to time | 2.207% or 3.433% | 29.95% or 49.94% |
|
Balance transfers
(if available)
|
We may make promotional offers from time to time | 2.207% or 3.433% | 29.95% or 49.94% |
|
Money transfers
(if available)
|
We may make promotional offers from time to time | 2.207% or 3.433% | 29.95% or 49.94% |
|
Instalment Plans
(if available)
|
Charged at a rate equal to your standard purchase rate or as we let you know at the time | Not applicable | Not applicable |
- Maximum 48 days on standard purchases if you pay your balance in full every month and on time.
- Balance transfers and money transfers are only interest free during the promotional period (if any).
- There is no interest free period on cash transactions or on instalment plans.
If you do not make at least your contractual minimum payment in full and on time or if you go over your credit limit any promotional rates may come to an end and we will charge the standard interest rate, as applicable, instead of the promotional rate.
| From | To | |
|---|---|---|
| Purchases | Date added to Account | Repaid in full** |
| Cash Transactions | Date added to Account | Repaid in full** |
| Balance Transfers and Money Transfers | Date added to Account | Repaid in full** |
**Interest is calculated on a daily basis on your actual daily balance. You will not pay interest on new purchases if you pay your balance in full and on time each month. If you have not paid your balance in full in the previous month, you may receive a further interest charge in the following month even if you have paid your balance in the current month in full.
Our interest rates (other than promotional rates) are linked to the Bank of England Base Rate (also known as Bank Rate). If the Bank Rate changes, we will change our standard rates by the same amount. We will show the new rate on your next statement.
If you do not pay off your balance in full, we will allocate payments to balances with the highest interest rate before balances with lower interest rates. There are some exceptions to this including the way we allocate payments to any instalment or PayDown plan. For further details, please refer to the 'How do we apply payments to the different balances?' section in your Credit Agreement.
- The sum of interest and between 2.75% and 3.5% (we will tell you which once you have completed your application but before you make a decision on whether to go ahead) of the full amount you owe (including the interest) as shown on your monthly statement, unless you owe less than £5, then the full amount you owe.
- If you only make this contractual minimum payment it will take longer and cost more to clear your balance and we may recommend you make extra payments or move all or part of your plan to a PayDown plan and/ or increase your contractual minimum payment.
| Minimum credit limit | £250 |
|---|---|
| Maximum credit limit | Subject to Status |
No annual fee
| Balance transfers (if available) | No charges |
|---|---|
| Money transfers (if available) | No charges |
| Cash transactions | No charges |
| Paper copies of statements | No charges |
For further details, please refer to the Credit Agreement
| Payment scheme exchange rate | Rates available at |
|---|---|
| Foreign exchange conversion charge | No charges |
| Late payment fee | No fees |
|---|---|
| Returned payment fee | No fees |
| Overlimit fee | No fees |
| Trace fee (charged if you change your details and you do not tell us where you may be contacted) | No fees |
*To benefit from any promotional offers you must not break the agreement, e.g. by not making at least your contractual minimum payment in full and on time or exceeding your credit limit. If you do break the agreement, we may charge the standard rate, as applicable, instead of the promotional rate.