Summary Box
The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
APR
Representative 19.9% APR (variable)
Other interest rates apply
Purchases
|
Introductory Rate |
Monthly Rate |
Annual Rate |
|---|---|---|
|
0% interest for 6 months from account opening |
1.5225% |
Simple rate 18.27% |
Cash Withdrawals
|
Introductory Rate |
Monthly Rate |
Annual Rate |
|---|---|---|
|
N/A |
2.0708% |
Simple rate 24.85% |
Balance Transfers
|
Introductory Rate |
Monthly Rate |
Annual Rate |
|---|---|---|
|
0% interest on eligible balance transfers for 31 months (3.5% fee applies) from account opening. Balances must be transferred within 60 days of account opening. The amount transferred must not exceed 90% of the available credit on your account |
1.5225% |
Simple rate 18.27% |
Purchase Plan
|
Introductory Rate |
Monthly Rate |
Annual Rate |
|---|---|---|
|
N/A |
0% (we will tell you when you have an offer available) |
0% (we will tell you when you have an offer available) |
Interest Free Period
Maximum 56 days from date of transaction for new purchases, non-sterling cash withdrawals and any balance and money transfers on a promotional rate that have been added to your account since your last statement if you pay your main balance (excluding any promotional balance with a 0% interest rate) and any monthly instalment plan payments (if you've taken out any instalment plans) in full and on time each month.
Note - Your main balance is your current statement balance less any instalment plan balance.
No interest free period on sterling cash withdrawals (this is subject to any interest free promotional offer).
Any instalment plan you take out is interest free until the end of the plan.
Interest Charging Information
If interest is payable, it will be charged over the following period:
Purchases, non-sterling cash withdrawals, balance and money transfers from the date the transaction is added to your account until the date of your last statement before the transaction is paid in full.
Sterling cash withdrawals from the date the transaction is added to your account until it is paid in full.
If your main balance and any Instalment Plan payments due for that month are not paid in full, interest will be charged on all items in your main balance. Interest is charged on a daily basis. By repaying more of your balance, or by making your repayments earlier, you will pay less interest.
Your simple purchase and cash interest rates will move up and down in line with changes to the Bank of England Base Rate. Base Rate changes will not apply to your promotional or Instalment Plan interest rates.
We work out how much interest we charge each month using a simple interest rate. We also show you the compound equivalent as it takes account of interest you will pay on interest if you do not repay your total outstanding balance in full each month.
Allocation of Payments
Your payments will be applied in the following order:
Make any purchase plan payments due for that month;
Reduce your main balance (your statement balance less any purchase plan balance). We'll start with the balances charged at the highest interest rate first and then reduce the lower rate balances; and then
If you've taken out any purchase plans, to reduce any remaining purchase plan balance
For further details, please refer to your credit card terms and conditions.
Minimum Repayment
The highest of:
- £5 (or the full outstanding balance if it's less than £5)
- 2.25% of your main balance plus any purchase plan instalments due for that month
- An amount equal to any interest, default fees or account maintenance fees that have been added to your account since your last statement, plus 1% of the rest of your main balance plus any purchase plan instalments due for that month
If you only make the minimum payment each month it will take you longer and cost you more to clear your balance.
Credit Limit
|
Minimum credit limit: |
£250 |
|---|---|
|
Maximum credit limit: |
Subject to status |
Fees
No annual fee
Charges
|
Cash fee: |
2.99%, minimum £2.99 on sterling transactions only |
|---|---|
|
Balance transfers: |
We will let you know the fee when we send you an offer |
|
Purchase Plans: |
We will let you know the fee when we send you an offer |
|
Copies of statements: |
£2.00 for each additional paper copy of a statement |
|
Copies of transactions: |
£2.00 for each copy of a record of a transaction |
Foreign Usage
Payment Scheme Exchange Rate: Depending on your card type, rates can be found at at either Visa or MasterCard
One or more of the following may apply.
Non Sterling Transaction Fee: 2.99% of transaction (no minimum).
Default Fees
|
Late payment: |
£12 |
|---|---|
|
Over credit limit: |
£12 |
|
Returned payment: |
£12 |
You can avoid paying additional charges by staying within your credit limit and ensuring that your monthly payments are received on time.
Additional important information
Pay less interest with larger monthly repayments
The example below assumes the following:
£1000 purchase is added to your account on the 1st of the month and no further transactions made
Minimum payment is made each month on payment due date
Standard Rate 19.9% (compound) p.a. is charged
Calculation includes any introductory rate on purchases
Credit limit is not exceeded
How much interest will be charged in the first year?
|
You pay the minimum every month |
You pay £50 every month |
You pay £100 every month |
|---|---|---|
|
£79.64 |
£59.36 |
£23.53 |
How much interest will be charged in the second year?
|
You pay the minimum every month |
You pay £50 every month |
You pay £100 every month |
|---|---|---|
|
£145.64 |
£47.97 |
- |
Time it will take to pay off the balance
|
You pay the minimum every month |
You pay £50 every month |
You pay £100 every month |
|---|---|---|
|
18 years 2 months |
2 years |
1 year |
If you would like this information in large print, Braille or audio format please call 0800 161 5326, *.
*To make sure we maintain a high-quality service, we may monitor or record phone calls.
Barclaycard is a trading name of Barclays Bank UK PLC. Barclays Bank UK PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 759676). Registered in England No. 9740322. Registered office: 1 Churchill Place, London E14 5HP
Barclays Bank UK PLC adheres to The Standards of Lending Practice which are monitored and enforced by the LSB: www.lendingstandardsboard.org.uk