Summary box for Credit Builder Card

• Representative 34.9% APR (variable).

• The maximum interest-free period is up to 56 days and only applies to purchases.

• To qualify for this, you must pay your balance in full and on time, and have paid the previous month’s balance in full and on time.

• There is no interest-free period on money advances, money transfers or balance transfers, except during any introductory or promotional offer period.

As credit cards charge different interest rates in different situations, the calculation of interest can differ depending on each transaction you make.

You will not pay interest on new purchases if you pay your balance in full and on time, and have paid the previous month’s balance in full and on time. Otherwise, interest is charged on all types of transactions from the date they are debited to your account until repaid in full.

You will not pay interest, or a lower rate will be charged, during certain special offer periods, including introductory offers and some promotional offers on purchases and balance transfers. You will be notified if this applies to you.

We apply any payments to the highest interest balances first, unless you have an active instalment plan.

Please refer to General Conditions 5.2 for the order different account balances are paid off if you don’t pay the balance in full, this also includes the allocation of payments if you have an active instalment plan.

Your minimum payment will be whichever one of these calculations gives the bigger amount:

• This: £5 or the full balance if less than £5;

• Or this: The following amounts all added together: that month’s interest + any monthly instalment plan fees payable that month + 1/12th of any annual fee + 1% of the remaining balance (including instalment plan balances) but excluding any remaining annual fee;

• Or this: These amounts all added together: double the amount of that month’s interest + any monthly instalment plan fees payable that month + £1.