If you don’t pay your balance in full by your payment due date then interest is charged on your standard balance, from the date the purchase is debited to your account. Transactions in your standard balance include:

• Purchases – when you use your card to buy goods or services
• Balance transfers and money transfers if the promotional offer has ended – if you haven’t repaid your balance in full when your promotional offer ends, it’ll be included in your standard balance
• Interest and account usage fees on the above

Together with your cash and promotional balances, your standard balance is part of your main balance.

When you take out cash in Sterling or make a cash-like transaction, such as gambling, you’re charged interest from the moment of the transaction, to the date you pay it off. This always applies, even if you pay your total outstanding balance in full by your payment due date. Your cash balance includes:
 

• Sterling cash withdrawals
• Gambling
• Lottery websites
• Money orders
• Wire transfers
• Buying foreign currency from a UK bank or Bureau de Change – including traveller’s cheques and pre-paid foreign currency travel cards

Before you take out cash or use your card for cash-like transactions, we want to make sure you understand what the interest – and fees – will cost you. Find out more about your cash interest and fees. 

Together with standard and promotional balances, your cash balance is part of your main balance.

This is made up of transactions with promotional terms, which we’ll tell you about before you make the transaction.

If the interest rate isn’t 0%, you’ll start to pay interest on your transaction from the moment it is debited to your account. 

We don’t charge interest on purchases that are paid in full if a card also has a promotional balance. You can get up to 56 days interest free on new purchases. If you’re carrying over a balance from a previous month (excluding any promotional balances), you’ll need to clear it before you can benefit from interest-free credit on new purchases. Don't forget to stay within your credit limit.

• Just:
  Pay your purchases off in full by your payment due date and;
• Make sure that this payment covers at least the minimum payment on your statement

Remember, promotional interest rates aren’t affected by any change in the Base Rate from 1 February 2016.

Instalment Plan is a feature that lets you spread the cost of a large purchase at 0% interest for a fee. Payments are spread across equal monthly payments over an agreed period of time. Your Instalment Plan balance includes:

• Instalment Plan amount
• Fees on Instalment Plans