The information contained in this table summarises key product features and is not intended to replace any terms and conditions
Representative 39.9% APR (variable)Rates from 39.9% APR variable to 69.9% APR variable depending on individual circumstances.
|Cash and cheques||3.43%||49.94%|
|Interest-free period||Up to 56 days interest-free on purchase transactions only, where you have paid off two or more consecutive current statement balances in full and on time.|
|Interest charging information||You will not pay interest on new purchases if you pay your balance in full and on time. Otherwise, the period over which interest is charged will be as follows:|
|Purchases||date debited to your account||paid in full|
|Cash advance||date debited to your account||paid in full|
|Balance transfers||date debited to your account||paid in full|
|Allocation of payments||Where your repayment is not sufficient to pay off the whole of the balance outstanding on your Account, your repayment will be applied first to reduce that part of your balance bearing the highest interest rate and then on in descending interest rate order.|
Your Minimum Repayment will be shown on your statement and will the highest of:
For further details, please refer to your credit card terms and conditions.
We may increase your Minimum Repayment. If we vary your Minimum Repayment we will write to you to tell you.
|Credit limit||Minimum credit limit||£150|
|Maximum credit limit||£1,000 (Subject to status)|
|Fees||No annual fee.|
|Charges||Cash advances||3% or £3, whichever is the greater|
|Copies of statements||£5 each|
|For further details, please refer to your credit card terms and conditions|
|Foreign Usage||Visa Exchange Rate||
The exchange rate is set by Visa on the date the transaction is processed and may be different from the date of the actual transaction. Rates can be found at http://www.
One or more of the following may apply:
|Default charges||Late payment and overlimit fees||£12|
|Returned payment fee if a Direct Debit or cheque is not honoured||£12|
|Returned credit card cheque fee if a credit card cheque is not honoured.||£12|
|Tracing charge if we have to trace you.||£25|
Cost of BorrowingInterest Explained – based on 39.9% APR for a £250 credit limit.
|To reduce the interest charged, we recommend you pay as much as you can, when you can and not just the minimum repayment. See the example below.|
|Illustrative example||For a purchase of £250 on your credit card|
|Monthly Payment||Minimum Payment each month||£50 each month|
|Without taking into account any introductory rates, how much interest will you be charged in the first year?||£77||£27|
|How much interest will you be charged in the second year?||£58||£0|
|How long would it take to clear the balance?||5 years, 11 months||7 months|
|The above example assumes the following: The transaction takes place on 1st January and you make no further transactions. Your statement is produced on the 1st of each month and you always make the payment each month on the 15th. Your statement is produced 31 days after you make the purchase.|