Rates and charges summary

Our Pricing Policy

The APR and interest rates we offer are determined by an analysis of your application details along with your credit and repayment history (as verified by independent credit reference agencies).
This analysis may mean that you don't receive the advertised typical APR as detailed on this page / in our Summary Box though please be advised that over two thirds of our customers will receive our advertised typical APR. If you don't receive the typical APR your APRs for purchases, balance transfers and money transfers will all either be 16.9% or 19.9%.
All customers will receive the introductory offer of 0% for 13 months on balance transfers and 0% for 6 months on purchases.

Classic, Gold and Platinum Credit Cards
Summary Box The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
APR	Typical 15.9% APR (variable)

Other interest rates	Introductory rate	Monthly rate	Annual rate
Other interest rates	Introductory rate	Monthly rate	Simple	Effective
Purchases	0% for 6 months	1.240% to 1.527%	14.880% to 18.324% p.a.	15.938% to 19.944% p.a.
Balance Transfers	0% for 13 months (on balance transfers made within the first 3 months)	1.240% to 1.527%	14.880% to 18.324% p.a.	15.938% to 19.944% p.a.
Cash Advances	n/a	2.075%	24.900% p.a.	27.948% p.a.
Money Transfers	n/a	1.240% to 1.527%	14.880% to 18.324% p.a.	15.938% to 19.944% p.a.
Interest-free period	Maximum 56 days for purchases if you pay your balance in full and on time, and have paid the previous month's balance in full and on time - no interest-free period on cash advances or money transfers. Interest-free period on balance transfers only applies to the introductory period.

Interest charging information	The periods over which interest is charged are:
Interest charging information	From	Until
Purchases	Transaction date	Repaid in full
Balance Transfers	Transaction Date	Repaid in full
Cash Advances	Transaction Date	Repaid in full
Money Transfers	Date debited to your account	Repaid in full
Allocation of payments	We will apply payments we receive to your account in this order: Interest on special offers Other interest, any fee and charges Special offers Purchases and balance transfers Cash Advances and money transfers See Section 2(D)(b) of your Credit Card Agreement for full details.
Minimum repayment	Greater of 2.25% of your balance (rounded down to the nearest pound) or £5 each month. Please note: we do not recommend that you only ever make your minimum payment.
Amount of credit	Minimum credit limit is £300 and maximum is £20,000. All credit limits (including the maximum available) are subject to status.
Fees	No annual fee.
Charges	Cash advances (except gambling transactions) subject to a handling fee of 3% with a minimum of £3.00; Balance transfers subject to a fee of 2.9% (min £5) during the first three months from account opening, unless you qualify for exemption from that fee or are notified of a different fee under the terms of a special offer we make in connection with your application; Foreign exchange transactions subject to conversion fee of 2.75% (including purchase of foreign currency and travellers’ cheques); Copies of statements are subject to a fee of £3.
Default charges	£12 if the account is over the credit limit at any time during a statement period; £12 if you fail to pay on time; Administration fee of £10 to process dishonoured cheque or direct debit; Administration fee of £12 to return unpaid promotional cheque to prevent you going over your limit.

Student Credit Card
Summary Box The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
APR	Typical 18.9% APR (variable)

Other interest rates	Introductory rate	Monthly rate	Annual rate
Other interest rates	Introductory rate	Monthly rate	Simple	Effective
Purchases	n/a	1.456%	17.472% p.a.	18.941% p.a.
Cash Advances	n/a	2.075%	24.900% p.a.	27.948% p.a.
Money Transfers	n/a	1.456%	17.472% p.a.	18.941% p.a.
Interest-free period	Maximum 56 days for purchases if you pay your balance in full and on time, and have paid the previous month's balance in full and on time - no interest free period on cash advances or money transfers.

Interest charging information	The periods over which interest is charged are:
Interest charging information	From	Until
Purchases	Transaction date	Repaid in full
Cash Advances	Transaction Date	Repaid in full
Money Transfers	Date debited to your account	Repaid in full
Allocation of payments	We will apply payments we receive to your account in this order: Interest on special offers Other interest, any fee and charges Special offers Purchases Cash Advances and money transfers For full details, please see Section 2(D)(b) of your Credit Card Agreement.
Minimum repayment	Greater of 2.25% of your balance (rounded down to the nearest pound) or £5 each month. Please note: we do not recommend that you only ever make your minimum payment.
Amount of credit	Maximum initial credit limit £500. All credit limits are subject to status.
Fees	No annual fee.
Charges	Cash advances (except gambling transactions) subject to a handling fee of 3% with a minimum of £3.00; Foreign exchange transactions subject to conversion fee of 2.75% (including purchase of foreign currency and travellers' cheques); Copies of statements are subject to a fee of £3.
Default charges	£12 if the account is over the credit limit at any time during a statement period or if you fail to pay on time; administration fee of £10 to process dishonoured cheque or direct debit.

Private Banking Credit Card
Summary Box The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
APR	Typical 13.9% APR (variable)

Other interest rates	Introductory rate	Monthly rate	Annual rate
Other interest rates	Introductory rate	Monthly rate	Simple	Effective
Purchases	0% for 6 months from account opening	1.094%	13.128% p.a.	13.947% p.a.
Balance Transfers	0% for 13 months from account opening (on balance transfers made within the first 3 months)	1.094%	13.128% p.a.	13.947% p.a.
Cash Advances	n/a	1.873%	22.476% p.a.	24.900% p.a.
Money Transfers	n/a	1.094%	13.128% p.a.	13.947% p.a.
Interest-free period	Maximum 56 days for purchases if you pay your balance in full and on time, and have paid the previous month’s balance in full and on time - no interest free period on cash advances or money transfers. Interest free period on balance transfers only applies to the introductory period.

Interest charging information	The periods over which interest is charged are:
Interest charging information	From	Until
Purchases	Transaction date	Repaid in full
Balance Transfers	Transaction Date	Repaid in full
Cash Advances	Transaction Date	Repaid in full
Money Transfers	Date debited to your account	Repaid in full
Allocation of payments	We will apply payments we receive to your account in this order: Interest on special offers Other interest, any fee and charges Special offers Purchases and Balance Transfers Cash Advances and Money Transfers For full details, please see Section 2(D)(b) of your Credit Card Agreement.
Minimum repayment	Greater of 2.25% of your balance (rounded down to the nearest pound) or £5 each month. Please note: we do not recommend that you only ever make your minimum payment.
Amount of credit	Minimum credit limit is £5000. All other credit limits (including the maximum available) are subject to status.
Fees	No annual fee.
Charges	Cash advances (except gambling transactions) subject to a handling fee of 3% with a minimum of £3; Balance transfers subject to a fee of 2.9% (min £5) during the first three months from account opening, unless you qualify for exemption from that fee or are notified of a different fee under the terms of a special offer we make in connection with your application; Foreign exchange transactions subject to conversion fee of 2.75% (including purchase of foreign currency and travellers’ cheques); Copies of statements are subject to a fee of £3.
Default charges	£12 if the account is over the credit limit at any time during a statement period or if you fail to pay on time; administration fee of £10 to process dishonoured cheque or direct debit; administration fee of £12 to return unpaid promotional cheque to prevent you going over your limit.

The balance transfer fee will attract interest at the rate applied to purchases from the date charged until paid off. Balance transfers from other Royal Bank of Scotland Group card accounts are not permitted. Please note that balance transfers shall be limited to a maximum of 95% of the credit limit allocated.