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Summary box for Balance Transfer card

The information contained on this page summarises key product features and is not intended to replace any terms and conditions.

Representative example

Representative 24.9% APR (variable) based on an assumed credit limit of £1,200.

Standard interest rate for purchases: 24.9% p.a. (variable).

£0 annual fee.

The actual credit limit will depend on our credit assessment of you. The actual APR you’ll receive will depend on your circumstances.

Information Message

Our Pricing Policy

Summary box

The information contained in these tables summarise key product features and is not intended to replace any terms and conditions.

APR

Interest rates

Transaction type

Introductory rate

Monthly rate

Annual rate (Simple)

Annual rate (Effective)

Purchases

0% interest for 3 months from account opening, then standard rates apply. 

From 1.870% to 2.203%

From 22.5% to 26.5%

From 24.9% to 29.9%

Cash advances

N/A

From 2.005% to 2.203%

From 24.1% to 26.5%

From 26.9% to 29.9%

Balance Transfers

0% interest for 13 months from account opening, then standard rates apply. 

From 1.870% to 2.203%

From 22.5% to 26.5%

From 24.9% to 29.9%

Money Transfers

N/A

From 2.005% to 2.203%

From 24.1% to 26.5%

From 26.9% to 29.9%

Interest free period

Interest charging information

Allocation of Payments

Minimum repayment

Each month the greater of:

(i) £5 or the full balance if less;
(ii) that month’s interest, any Default Charges and that month's Instalment Plan fee(s), 1/12th of any annual fee and 1% of the remaining balance (including any Instalment Plan balance(s) but excluding any annual fee); or
(iii) double the amount of that month’s interest and any Default Charges, plus any Instalment Plan fee(s), plus £1.

(iv) the excess over your credit limit after deducting any overdue amounts from previous statements.

We limit each overdue amount to the greater of (i), (ii) or (iii) above. 

Information Message

Credit limit

Minimum

£250

Maximum

Subject to status

Fees

Annual fee

£0

Instalment fee

If you take out an instalment plan, you will also pay an instalment plan fee; see General Condition 15 for further details. 

Charges

Balance Transfer on the Balance Transfer card

​0.00% of the amount transferred to the card. This fee will be treated as part of the purchase balance, however, interest will not be charged at the purchase interest rate on this fee.

Cash Fee (cash withdrawals and gambling transactions)

3% handling fee, minimum £3.

Cash Fee (all other advances)

3% handling fee.

Copies of statements

£3 each.

Returned payment

£10 each.

Foreign usage

Payment scheme exchange rate

Rates can be found at Mastercard

One or more of the following may apply:

Non-sterling transaction fee

2.75% of transaction.

Cash Fee (cash withdrawals and Gambling transactions)

3% handling fee, minimum £3.

Cash Fee (all other advances)

3% handling fee.

Default charges

If your payment is late by more than one day

£12

If you exceed your credit limit by more than £12

£12