We’ll email you copies, but you should read and consider these documents before you apply (you can also print or save them). If you have any questions or need further information, please contact us. To see these documents, you may need to download Adobe Reader
Pre-Contractual Explanation
We've provided a summary below of the important information that's contained in the Pre-Contractual Explanation. The full version of this can be found in the Business Cashback Credit Card Key Facts Document which can be accessed using the Hyperlink above. You should also read this before you apply.
Is a credit card right for my borrowing needs?
A credit card can be very expensive if you're not careful how you use it. It is best used when you can pay off the full balance quickly.
What interest and charges might apply?
Cash withdrawals are more expensive than purchases because you start paying interest immediately and will be charged a fee for each cash withdrawal made in the UK or abroad.
We charge an annual fee of £30 for this credit card. We can change the fees and interest rates on your card. We’ll let you know in advance if we plan to do this.
For detailed information on fees and charges please read the Costs of Credit section in the Pre-Contract Credit Information and condition 8 of the credit agreement.
How much will I have to pay under the credit agreement?
It will cost you more if you only make your monthly minimum payments. It will cost you less if you pay off the full balance quickly.
What are the consequences to me if I do not keep up repayments?
If you miss your minimum payment you get charged a £12 fee, plus the interest keeps building up, so you end up paying back more. We will also record details with a credit reference agency and your credit rating could go down which would make it harder to get future credit. If you miss multiple repayments, your credit rating can be damaged and you might have legal proceedings brought against you. In the very worst case your debt might be secured against your house or your debt may be transferred to a debt management company. To avoid getting into this situation, please contact us if you are having difficulties in making your repayments.
Changing your mind
If you're a CCA Protected Business (as defined in the Terms & Conditions), you can change your mind up to 14 days after you receive your card. If you do this, you must repay anything you owe.
Personal guarantee
If you're a private limited company or limited liability partnership, you'll need to sign a Personal Guarantee when you're approved for the Business Cashback Credit Card.
Your contact preferences:
During the application you’ll be asked if you want to hear about products, services and offers that may be of interest. Please note the preferences you select will override any previous preferences given. If you’d like to amend those preferences please contact us at any time.
Before applying for this product you should consider any future changes to your financial circumstances that may impact your ability to make repayments.
