Withdrawn to new business on 11/01/06

Summary Box

APR

Representative 17.9% APR (variable) 
Other rates from 9.9% to 19.9% APR apply depending on individual circumstances.

Interest rates Introductory rates Monthly rate Annual rate
from to from to
Purchases n/a 0.794% 1.527% 9.9% 19.9%
Cash advances 
 n/a
 0.794% 1.527% 9.9% 19.9%
Balance transfers n/a 0.794%
 1.527% 9.9% 19.9%
Interest-free period
  • Maximum 46 days for purchases if you pay your total balance on your statement, including any balance transfers, in full and by the due date.
  • No interest free period on balance transfers or cash withdrawals. Interest on balance transfers and cash withdrawals will be charged at the rates shown above.

Interest charging information

Interest charging information
 From Until
Purchases
 date transaction applied to your account
 statement balance, excluding any promotional balance transfers, paid in full
Cash advances
 date transaction applied to your account
 statement balance total paid in full
Balance transfers
 date transaction applied to your account
 statement balance total paid in full
The transaction date is the date the amount appears on your account.

We work out interest on the average daily balance during each statement period. You will not pay interest on new purchases if you pay your statement balance, excluding any promotional balance transfers in full and on time. Otherwise, the period over which interest is charged is as above. The transaction date is the date the amount appears on your account.
Allocation of payments
 We allocate payments to balances which show on your current statement in a high to low interest rate order, then, to balances in a high to low interest rate order which do not yet appear on your statement.
Minimum repayments
  • You must pay us a minimum monthly payment equal to (i) 3% of the remaining statement balance, or (ii) £5, whichever is higher.
  • If the balance is less than £5 you must pay what you owe us in full.
Amount of credit Minimum credit limit £500
Maximum credit limit Subject to status
Fees No annual fee

Charges

Cash fee
 2.5% (minimum £3.00) of the amount withdrawn on each cash advance.
Balance transfer fee
 3% (minimum £5.00) of the amount of each balance transfer.
Copies of statements There are no fees for additional copies of statements
Card replacement There are no fees for replacement cards
Foreign usage Visa Exchange Rate
 Rates can be found at Visa Europe exchange rate
One or more of the following may apply:
Payment Scheme Exchange Fee 1% of the transaction amount. This is charged for converting transactions made in foreign currencies outside the Visa Europe region and is applied by adjusting the Visa Exchange Rate.
Cash Fee 2.5% (min £3.00) of the amount withdrawn on each cash advance

Default charges

Late payment fee £12.00
Over limit fee £0.00