Bank of Scotland Low Rate Credit Card
Which? customer score 67%
|Representative APR (variable)||Purchase interest p.a.||Cash withdrawal APR||Annual card fee|
The interest rate for borrowing that at least 51% of the customers accepted will pay.
The annual interest rate you'll pay on new purchases.
The interest rate you'll pay on cash you withdraw from an ATM.
The fee you'll pay for having the card each year, if any.
Reward scheme details
No balance transfer fee applies on balances transferred within the first 90 days of opening the account, a 3% fee applies thereafter. You may be eligible to apply for a second credit card with us. Conditions apply. A low representative rate of 6.4% APR (variable). One simple rate for both balance transfers and purchases. Manage your card online using Online Banking and Mobile Banking service. Fraud protection. Faster payments to your card giving more flexibility and control.
- Representative Example
- Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 6.45% (variable), representative 6.4% APR (variable). Credit available subject to status. An Introductory fee of 0% will be applied, then increasing to 3% after 90 days. (Terms and conditions apply)
Bank of Scotland customer satisfaction scorecard:How do we work this out?
|Keeping you up to date with new deals||Transparency of charges / penalties||Online account management||Customer service||Overall customer score|
|Can be used for building credit rating||No|
|Minimum income required to open account||Not provided|
|Opening account is by invitation only||No|
|Account is for existing customers only||No|
|Further notes about eligibility||N/A|
|Minimum age to open an account||18|
|Rate period||0 months|
|Limit period days||N/A|
|Rate period||0 months|
|Maximum interest free days (purchases)||56|
|Days to pay||25|
|Monthly payment min %||1.0%|
|Monthly payment min £||£5|
|Returned payment fee||£12|
|If you exceed credit limit||£12|
|Foreign usage fee (Europe)||2.95%|
|Foreign usage fee (worldwide)||2.95%|
|Charges for cash withdrawals||Yes|
|Cash withdrawal percent||3.0%|
|Reward is charity donation||No|
|Reward is cash back||No|
|Reward is Airmiles||No|
|Reward is points||No|
|Reward is vouchers||No|
|Reward is travel||No|
|Reward is Avios||No|
|Reward is discount||No|
If you do not pay the total outstanding balance in full by the payment due date, the amount you pay will be allocated to higher interest rate balances before lower interest rate balances. Where fees and charges are payable, your payment will be allocated to the interest rate applicable to these fees and charges relating to any higher interest rates first.