Premium Plus credit card summary

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

APR

• Representative 56.4% APR (variable)

Interest rates

Purchases

Cash Withdrawals

Interest Free Period

• Maximum 56 days from the date of any new purchases that have been added to your account since your last statement if you pay your main balance (excluding any promotional balance with a 0% interest rate) in full and on time each month. 
• No interest free period on cash withdrawals (this is subject to any interest free promotional offer)

Interest Charging Information

If interest is payable, it will be charged over the following periods:

Purchases:

• date charged to your account until it is paid in full.

Cash withdrawals:

• date charged to your account until it is paid in full.

Your simple purchase and cash interest rates will move up and down in line with changes to the Bank of England Base Rate. Base Rate changes will not apply to your promotional interest rates. 

We work out how much interest we charge each month using a simple interest rate. We also show you the compound equivalent as it takes account of interest you will pay on interest if you do not repay your total outstanding balance in full each month.

Allocation of Payments

If you do not pay your balance in full we will apply payments we receive to reduce higher interest rate balances before lower interest rate balances. For further details, please refer to your terms and conditions.

Minimum Repayment

 You must pay at least the minimum payment every month. This will be the higher of:

• £5, or the full balance if less than £5
• An amount equal to any interest, default fees, account usage fees or account fees that have been added to your account since your last statement, plus 1% of the rest of your statement balance

If you only make the minimum payment each month it will take you longer and cost you more to clear your balance.

Credit Limit

Fees

An annual account fee of £150.

Charges

Foreign Usage

Payment Scheme Exchange Rate: Depending on your card type, rates can be found at either Visa or MasterCard

One or more of the following may apply.

Non-sterling transaction fee: 0.99%
Non-sterling cash fee: 3% (minimum £3) plus 0.99% non-sterling transaction fee

Default Fees

You can avoid paying additional charges by staying within your credit limit and ensuring that your monthly payments are received on time.

Additional important information

Pay less interest with larger monthly repayments

The example below assumes the following:

• £1000 purchase is added to your account on the 1st of the month and no further transactions made
• The payment is made each month by the payment due date
• Standard Rate (19.9%) p.a. is charged
• Calculation includes any introductory rate on purchases
• Credit limit is not exceeded

How much interest will be charged in the first year?

How much interest will be charged in the second year?

Time it will take to pay off the balance

If you would like this information in large print, Braille or audio format please call 0800 008 008,*.

*Calls to 0800 numbers are free from UK landlines and personal mobiles, otherwise call charges may apply. International calls will be charged at a higher rate. Please check with your service provider. Calls may be monitored or recorded in order to maintain high levels of security and quality of service.

Barclaycard is a trading name of Barclays Bank PLC. Barclays Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 122702). Registered in England. Registered No. 1026167. Registered office: 1 Churchill Place, London E14 5HP