Credit Card
Household Bank Credit Card
Even though we are best known for our loans, we are also able to offer our customers other great services, such as credit cards. The Household Bank Credit Card gives you the freedom to spoil yourself now and again, and is perfect for those odd emergencies - here are just some of the benefits of owning one:
| The information contained in this table summarises key product features and is not intended to replace any terms and conditions. |
| APR |
Typical 19.9%APR variable |
| Other interest rates |
|
Introductory Rate Effective |
Introductory Rate Simple |
Monthly Rate |
Annual Rate Effective |
Annual Rate Simple |
| Retail Purchases |
n/a |
n/a |
1.527% |
19.9% |
18.324% |
| Cash Advances |
n/a |
n/a |
1.527% |
19.9% |
18.324% |
| Balance Transfers |
n/a |
n/a |
1.527% |
19.9% |
18.324% |
| Other than where a rate is fixed, all rates are variable. |
| Interest-free period |
Up to 52 days for purchases when you pay your balance in full every month by the due date. There is no interest free period for Balance Transfers or Cash Advances. |
| Interest charging information |
Purchases - If the balance is not paid in full, interest on the outstanding balance is charged from the date the transaction is charged to the account until payment is made in full. |
| Cash Advances - Interest is charged from the date of the transaction until payment is made in full. |
| Balance Transfers - Interest is charged from the date of the transaction until payment is made in full. |
| Application of Payments |
If you do not pay off your balance in full, payments we receive are applied first to Payment Protection Insurance premiums, then to Default and other charges, fees, interest and then Balance Transfers, Cash Advances and Purchases with lower introductory rate or promotional items repaid before items with no introductory or promotional rate. Please refer to "Application of Payments" section in your Agreement for a full breakdown. |
| Minimum repayment |
Monthly minimum repayments of £5 or 2% of the balance (whichever is greater). |
| Amount of credit |
Minimum Credit limit £250, maximum credit limit £3,000. |
| Fees |
No Annual Fee. |
| Charges |
2% handling fee (minimum £2.50) of the amount of each cash advance (includes cash withdrawals and purchases of foreign currency and travellers cheques), we will charge a fee of 2% of the amount of each Balance Transfer (minimum £5 and maximum £50), 2.75% administration charge on non-sterling transactions, a fee of £5 to stop a cheque, first statement date change is free, subsequent changes £10, copy vouchers £5 and copy statements £5. |
| Default charges |
- £20 if you exceed your credit limit
- £20 if you pay late
- £20 if a cheque for a Balance Transfer is returned unpaid
- £20 if any payment is returned unpaid
- £40 if we serve a default notice. |
Please note for a limited period, you will not incur a fee for balance transfers.
For information about chip and PIN click here.
Please read important information here.
|
