That's because every lender shows the Representative Example.
You won't pay interest when you buy things on this card while you have your 0% interest offer.
You also won't pay interest on the credit card debt you've moved to this card while you have your 0% balance transfer offer.
For example, to get the 0% balance transfer offer on this card, you must transfer your balance (move debt) within the first 3 months.
As well as interest, the APR includes standard fees – like the annual (yearly) fee that some credit cards charge.
The higher the interest rate, the more interest you'll pay.
Your monthly credit card statement will tell you what your balance is (what you owe). If you clear this balance – pay it all – then your credit card won't usually cost you a penny in interest.
(If you use your credit card to get money out, or for money transfers, you could pay interest from day one even while you have your 0% offer.)
The word 'representative' means typical. So, the Representative APR is the typical interest rate.
This means that most customers will get this interest rate. However, your interest rate could be more or less, as it depends on your circumstances.
After the 0% offer, you could pay interest to buy something on this card. This is the purchase rate.
You won't pay this if you've cleared your entire balance. In fact, you could get up to 56 days' interest-free.
(If you use your card to withdraw cash, or for money transfers, you could be charged interest from day one even during your 0% offer.)
Both the Annual Percentage Rate and Purchase Rate are variable. This means these rates can go up and down.
The credit limit is the maximum someone can borrow on their credit card.
To make it easy for you to compare credit cards, most banks use a £1,200 credit limit in their Representative Example.
It helps you compare like with like, so you can easily see the credit card that offers the lowest (cheapest) interest rate.
The credit limit you get may be different. It depends on your credit score.
We'll also tell you what your credit limit would be. It's then up to you if you want to go ahead.