Apply for an Everyday Long Term Balance Transfer Credit Card

Here is a summary of the important information from the Pre-Contractual Explanation. The full version of this can be found in the Everyday Long Term Balance Transfer Credit Card Key Facts Document. Click on the link above to see this. You should read it before you apply.

A credit card is more suitable for borrowing over a shorter period of time. There may be cheaper ways to borrow large amounts.

With some credit cards, we offer 'introductory' interest rates and charges for a set period of time. Your introductory period starts from the day you open your account.

You should try to clear the balance on your card before your introductory period ends. This is because higher interest rates and charges will apply after an introductory period has stopped.

The interest rate and charges you have to pay depends on how you use your credit card. For example, we'll always charge a higher rate for taking out cash using your credit card.

What should you know about balance transfers?
We charge a balance transfer fee of 3.45% (minimum £5) on any balance transfers made during the introductory period.

What’s the monthly fee for using the credit card?
We don’t charge a monthly fee for this credit card.

Can we change interest rates and charges?
We can change these rates and charges but we’ll tell you before we do.

Each month, we'll give you a statement showing the minimum payment you'll need to pay for that month.

It will cost you more if you only make your minimum payments. The quicker you pay off your balance, the less it will cost you in the long run.

If you don't make a payment on time, or you miss a minimum payment, we'll charge a £12 fee. That means the total cost of your debt will grow, and we'll keep charging interest on the amounts you should've paid. We’ll also report this to credit reference agencies who’ll record it on your credit file. This will affect your credit rating and might make it more difficult for you to borrow in future.

If you miss multiple repayments you might have legal action 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 recovery company. To avoid getting into this situation, please contact us if you're struggling to keep up with your payments.

You have up to 14 days to decide if this is the right card for you, starting from the day after you receive your card. If you decide you no longer want your new credit card you must let us know and you must repay anything you owe.

• Paper-free means we send your statements and other important information, including change of account terms and arrears notices, to your ‘Statements and documents’ in the Mobile Banking app or in Online Banking.
• We may occasionally still need to send some correspondence by post.
• Your account will be set to paper-free but after it’s opened you can ask to receive your information by post instead using Online or Mobile Banking, in a branch or by phone.