Summary Box

It’s good to know the plain facts about this Barclaycard. This Summary Box gives you clear information about the key features of the card and does not replace any terms and conditions.

APR	Typical 14.9% APR (variable)
Interest rates	Introductory rates	Monthly interest rate	Annual interest rate
Purchases	n/a	1.167%	14.9%
Cash Withdrawals	n/a	2.075%	27.9%
Balance Transfers	0% interest for 12 months from account opening with a 2.5% fee on transfers made within 60 days of opening your account. The amount transferred must not exceed 90% of the available credit on your account.	1.167%	14.9%
Interest free period	Up to 56 days interest free from the date of the transaction on new purchases if you pay your statement balance in full and on time each month. No interest free period on balance transfers, cash withdrawals or Barclaycard cheques (subject to any interest free promotional offer).
Interest charging information	If interest is payable, it will be charged from the date the transaction is debited to your account until it is paid in full. As interest is charged until the date of full repayment, this means that you may receive a further interest charge the following month even though you have paid your current statement balance in full. Interest is charged on your average daily balance. By repaying more of your balance, or by making your repayments earlier, you will pay less interest.
Allocation of payments	Payments you make will reduce your balance in the following order: Default Charges Promotional balance transfers Promotional purchases Purchases, balance transfers and other charges Cash withdrawals Please see the Barclaycard conditions for further details.
Minimum repayment	2.25% or £5, whichever is greater If you only make the minimum payment it will take 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 withdrawals: 2.5% (min £2.50) Balance transfers: 2.5% unless we tell you otherwise Overseas transactions: 2.75% Copies of statements: £3
Default charges	Late payment: £12 Over credit limit: £12 Returned payment: £12 You can avoid additional charges. Please stay within your credit limit and ensure that your payments are received on time.
Pay less interest by repaying more each month The examples below show how long it would take you to repay a purchase of £1,000 made with your Barclaycard:
Monthly payment	Minimum payment each month	£50 each month	£100 each month
How much interest will be charged in the first year?	£134.50	£115.76	£82.42
How much interest will be charged in the second year?	£118.37	£44.54	None
How long would it take to clear a balance?	17 years 3 months	2 years 2 months	1 year 1 month

The following assumptions have been made:

• You are charged the standard 14.9%. However, the examples take account of any introductory promotional purchase rate.
• When you make the purchase you do not exceed your credit limit.
• Calculation excludes Payment Protection Insurance.
• £1,000 purchase is debited to your account on 1^st January 2010 and no further transaction made.
• You make a payment each month on the payment due date. Your mininum payment is 2.25% or £5, whichever is greater.

 

Cancellation rights

You have a right to cancel this Agreement. This right will expire 14 calendar days after we post the card to you. Unless you cancel within this period you will be bound by this Agreement. If you wish to cancel this Agreement, please send written notice to Barclaycard, Department BCR, Northampton, NN4 7SG. If you cancel you will still need to repay any money already lent to you. Unless you repay this money in full within a month of cancellation, you may be required to pay interest or other charges under the terms of this Agreement.

Barclaycard is a trading name of Barclays Bank PLC. Barclays Bank PLC is authorised and regulated by the Financial Services Authority.

Registered in England No: 1026167. Registered Office: 1 Churchill Place, London E14 5HP

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