| SUMMARY BOX |
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The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
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| APR |
|
Typical 19.9% APR variable
• Rates from 19.9% APR to 24.9% APR depending on individual circumstances.
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| Other interest rates |
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| Retail Purchases |
N/A |
From 1.520% p.m. to 1.874% p.m |
From 18.245% p.a. to 22.482% p.a. |
| Cash Transactions² |
N/A |
From 2.104% p.m. to 2.130% p.m. |
From 25.249% p.a. to 25.555% p.a. |
| Balance Transfers |
N/A |
N/A |
N/A |
| Interest Free Period |
• Interest free period on Retail Purchases applies to the introductory rate period (if any). Otherwise, maximum 56 days on Retail Purchases if you pay your balance in full and on time.
•Interest free period on Balance Transfers only applies to the introductory rate period (if any). Otherwise, there is no interest free period on Balance Transfers or Cash Transactions. |
| 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: |
| |
From |
To |
| Retail Purchases |
Date added to the Account |
Repaid in full |
| Cash Transactions |
Date added to the Account |
Repaid in full |
| Balance Transfers |
Date added to the Account |
Repaid in full |
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| |
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| Allocation of Payments |
you do not pay off your balance in full, payments we receive will be applied in the following order:
| 1. Insurance Premiums; |
| 2. Interest, Charges or Fees (other than foreign currency)(in that order) |
| 3. Balance Transfers (those with lower rates being paid first). |
| 4. Retail Purchases (in the order they were added to your account) |
| 5. Cash Transactions (those with lower rates being paid first) |
| 6. Buy Now Pay Later Transactions (in the order they were added to your Account) |
| Foreign currency fees will be repaid in the same order set out above as the Transaction to which they relate. See the 'Other Financial Information' section of the Credit Agreement for full details. |
|
| Minimum repayment |
• The full balance outstanding if it is less than £4.00, otherwise 4% (minimum £4.00) of the outstanding balance.
• If you only make the minimum payment it will take longer and cost more to clear your balance. |
| Amount of Credit |
Minimum credit limit |
£250 |
| Maximum credit limit |
Subject to Status |
| Fees |
• No annual fee |
| Charges |
Cash Transactions |
N/A |
| Special Transaction Balance Transfers – we will tell you the amount of the fee when offering these to you |
|
| Cash Transactions |
3% (minimum £3.00) |
| Paper copies of statements |
£3.00 |
| Overseas Transactions (including Cash Transactions) |
2.75% |
| For further details, please refer to your Credit Agreement Additional Conditions |
| Default Charges |
Late Payment Fee |
£12.00 |
| Administration Fee for returned cheques or direct debits |
£12.00 |
| Over limit Fee |
£12.00 |
| Trace Fee |
£25.00 (applied if you do not inform us of a change of address and we have to trace you) |
| Credit Balance Fee |
Up to £10 (applied if you have a credit balance on your Account for three consecutive months) |
