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Summary box for Reward Black credit card

The information contained on this page summarises key product features and is not intended to replace any terms and conditions.

Representative example

Representative 40.7% APR (variable) based on an assumed credit limit of £1,200.

Standard interest rate for purchases: 21.9% p.a. (variable).

£84 annual fee. The credit card annual fee will be refunded if you have a Reward Black current account.

The actual credit limit will depend on our credit assessment of you. The actual APR you’ll receive will depend on your circumstances.

Summary box

The information contained in these tables summarise key product features and is not intended to replace any terms and conditions.

APR

Interest rates

Transaction type

Monthly rate

Annual rate (Simple)

Annual rate (Effective)

Purchases

1.663%

20.0%

21.9% 

Cash advances

2.005%

24.1%

26.9%

Balance Transfers

1.663%

20.0%

21.9%

Money Transfers

2.005%

24.1%

26.9%

Interest free period

Interest charging information

Allocation of Payments

Minimum repayment

Each month the greater of:

(i) £5 or the full balance if less;
(ii) that month’s interest, any Default Charges and that month's Instalment Plan fee(s), 1/12th of any annual fee and 1% of the remaining balance (including any Instalment Plan balance(s) but excluding any annual fee); or
(iii) double the amount of that month’s interest and any Default Charges, plus any Instalment Plan fee(s), plus £1.

Information Message

Credit limit

Minimum

£5,000

Maximum

Subject to status

Fees

Annual fee

£84

Instalment fee

If you take out an Instalment Plan, you will also pay an Instalment Plan fee; see General Condition 15 for further details. 

Charges

Cash Fee (cash withdrawals and Gambling Transactions)

3% handling fee, minimum £3.

Cash Fee (all other advances)

3% handling fee.

Copies of statements

£3 each

Returned payment

£5 each.

Foreign usage

Payment scheme exchange rate

Rates can be found at Mastercard

One or more of the following may apply:

Cash Fee (cash withdrawals and Gambling transactions)

3% handling fee, minimum £3.

Cash Fee (all other Advances)

3% handling fee.

Default charges

If your payment is late by more than one day

£12

If you exceed your credit limit by more than £12

£12