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Official APR Examples

All credit cards

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Eesha | Edited by Martin

Updated November 2016

There are regulations governing how APRs must be displayed, and below we have included credit card companies' official examples of how their interest rates work (see loan APR examples).

Of course, these should be of no practical use for anyone following most of our techniques properly. Being a savvy MoneySaver usually means NEVER paying the APR, and instead taking advantage of special 0% rates, or paying the card off in full.

This page includes credit card companies' official examples of their total cost of credit - also known as the Annual Percentage Rate (APR).

However, being a savvy MoneySaver usually means NEVER paying the APR. Instead, you should take advantage of special 0% rates, or pay the card off in full.

What does 'representative' rate mean?

Where credit cards use a 'representative APR', this means 51% of successful applicants must be given the stated rate.

With credit cards, the rate for purchases (as opposed to balance transfers or cash withdrawals) is used as the main rate to advertise the card.

So if that is described as 19.9% representative APR, then 51% of people accepted have to get an interest rate of 19.9%, but the other 49% could get a different rate (usually higher).

Of course, some people will be rejected outright.

AA Credit Card

If you spend £1,200 at an annual interest rate of 18.9% (variable), your representative APR will be 18.9% (variable).

AA Low Rate Credit Card

If you spend £1,200 at an annual interest rate of 6.4% (variable), your representative APR will be 6.4% (variable).

AA Fuelsave Credit Card

If you spend £1,200 at an annual interest rate of 14.9% (variable) with a £42 annual fee, your representative APR will be 22.4% (variable).

Amex Everyday Platinum Cashback

If you spend £1,200 at an annual interest rate of 22.9% (variable), your representative APR will be 22.9% (variable).

Amex Nectar

If you spend £1,200 at an annual interest rate of 19.9% (variable) with a £25 annual fee, your representative APR will be 25% (variable).

Amex Platinum Cashback

If you spend £1,200 at an annual interest rate of 22.9% (variable) with a £25 annual fee, your representative APR will be 28.2% (variable).

Amex Rewards

If you spend £1,200 at an annual interest rate of 22.9% (variable), your representative APR will be 22.9% (variable).

Asda Money Card

If you spend £1,200 at an annual interest rate of 18.9% (variable), your representative APR will be 18.9% (variable).

Aqua / Aqua Advance

If you spend £1,200 at an annual interest rate of 34.91% (variable), your representative APR will be 34.9% (variable).

 

 

Aqua Classic

If you spend £1,200 at an annual interest rate of 35.9% (variable), your representative APR will be 35.9% (variable).

Aqua Reward

If you spend £1,200 at an annual interest rate of 34.91% (variable), your representative APR will be 34.9% (variable).

Aquis

If you spend £1,200 at an annual interest rate of 29.8% (variable), your representative APR will be 29.8% (variable).

Bank of Scotland Balance Transfer

If you spend £1,200 at an annual interest rate of 18.95% (variable), your representative APR will be 18.9% (variable).

Barclaycard

If you spend £1,200 at an annual interest rate of 18.9% (variable), your representative APR will be 18.9% (variable).

Barclaycard Initial

If you spend £1,200 at an annual interest rate of 34.9% (variable), your representative APR will be 34.9% (variable).

Barclaycard Travel

If you spend £1,200 at an annual interest rate of 11.9% (variable) your representative APR will be 11.9% (variable).

Barclaycard Platinum 0% for 18 months

If you spend £1,200 at an annual interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).

British Airways Amex

If you spend £1,200 at an annual interest rate of 22.9% (variable), your representative APR will be 22.9% (variable).

British Airways Premium Plus Amex

If you spend £1,200 at an annual interest rate of 22.9% (variable) with an annual fee of £195, your representative APR will be 76% (variable).

Capital One Balance Transfer

If you spend £1,200 at an annual interest rate of 34.94% (variable), your representative APR will be 34.9% (variable).

Capital One Classic

If you spend £1,200 at an annual interest rate of 34.94% (variable), your representative APR will be 34.9% (variable).

Capital One Platinum

If you spend £1,200 at an annual interest rate of 29.8% (variable), your representative APR will be 29.8% (variable).

Chrome 24.7%

If you spend £1,200 at an annual interest rate of 24.7% (variable), your representative APR will be 24.7% (variable).

Chrome 29.3%

If you spend £1,200 at an annual interest rate of 29.3% (variable), your representative APR will be 29.3% (variable).

 

Clydesdale/Yorkshire Gold Purchase Card

If you spend £1,200 at an annual interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).

Co-operative Members Card

If you spend £1,200 at an annual interest rate of 15.9% (variable), your representative APR will be 15.9% (variable).

Creation Everyday Credit Card

If you spend £1,200 at an annual interest rate of 12.9% (variable), your representative APR will be 12.9% (variable).

Flybe

If you spend £1,200 at an annual interest rate of 18.9% (variable), your Representative APR will be 18.9% (variable).

Halifax Credit Card

If you spend £1,200 at an annual interest rate of 18.95% (variable) your representative APR will be 18.9% (variable).

Halifax Clarity Card

If you spend £1,200 at an annual interest rate of 18.95% (variable) your representative APR will be 18.9% (variable).

Halifax All In One

If you spend £1,200 at an annual interest rate of 18.95% (variable) your representative APR will be 18.9% (variable).

Halifax Low rate card

If you spend £1,200 at an annual interest rate of 6.45% (variable) your representative APR will be 6.4% (variable).

HSBC card

If you spend £1,200 at an annual interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).

John Lewis/Waitrose Card

If you spend £1,200 at an annual interest rate of 16.9% (variable), your representative APR will be 16.9% (variable).

Lloyds poor credit card

If you spend £1,200 at an annual interest rate of 25.95% (variable) your representative APR will be 25.9% (variable).

Lloyds Low rate Card

If you spend £1,200 at an annual interest rate of 6.45% (variable), your representative APR will be 6.4% (variable).

Lloyds Balance Transfer Card

If you spend £1,200 at an annual interest rate of 18.94% (variable), your representative APR will be 18.9% (variable).

Lloyds Duo Avios

If you spend £1,200 at an annual interest rate of 18.94% (variable) with an annual fee of £24, your representative APR will be 23.7% (variable).

Lloyds Duo Avios Premier

If you spend £1,200 at an annual interest rate of 18.94% (variable) with an annual fee of £140, your representative APR will be 52.1% (variable).

Luma

If you spend £1,200 at an annual interest rate of 35.9% (variable) your representative APR will be 35.9% (variable).

Marbles

If you spend £1,200 at an annual interest rate of 33.8% (variable) your representative APR will be 33.8% (variable).

MBNA Everyday Plus

If you spend £1,200 at an annual interest rate of 7.4% (variable,) your representative APR will be 7.4% (variable).

MBNA Intu

If you spend £1,200 at an annual interest rate of 16.9% (variable,) your representative APR will be 16.9% (variable).

MBNA Platinum Visa

If you spend £1,200 at an annual interest rate of 18.9% (variable,) your representative APR will be 18.9% (variable).

MBNA Transfer Card

If you spend £1,200 at an annual interest rate of 18.9% (variable,) your representative APR will be 18.9% (variable).

MBNA 5 Card

If you spend £1,200 at an annual interest rate of 8.9% (variable,) your representative APR will be 8.9% (variable).

MBNA Low Rate Card

If you spend £1,200 at an annual interest rate of 6.5% (variable,) your representative APR will be 6.5% (variable).

M&S Credit Card

If you spend £1,200 at an annual interest rate of 18.9% (variable), your representative APR will be 18.9% (variable).

Nationwide Credit Card

If you spend £1,200 at an annual interest rate of 17.9% (variable) your representative APR will be 17.9% (variable).

Nationwide Select Credit Card

If you spend £1,200 at an annual interest rate of 15.9% (variable) your representative APR will be 15.9% (variable).

Nuba Credit Card

If you spend £1,200 at an annual interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).

Ocean Finance Credit Card

If you spend £1,200 at an annual interest rate of 34.9% (variable) your representative APR will be 34.9% (variable).

Post Office

If you spend £1,200 at an annual interest rate of 18.9% (variable), your representative APR will be 18.9% (variable).

Sainsbury's Credit Card

If you spend £1,200 at an annual interest rate of 18.95% (variable) your representative APR will be 18.9% (variable).

Sainsbury's Balance Transfer Credit Card

If you spend £1,200 at an annual interest rate of 18.95% (variable) your representative APR will be 18.9% (variable).

Santander Balance Transfer Credit Card

If you spend £1,200 at an annual interest rate of 18.94% (variable) your representative APR will be 18.9% (variable).

Santander Purchase Credit Card

If you spend £1,200 at an annual interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).

Tesco Credit Card

If you spend £1,200 at an annual interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).

Tesco Foundation Credit Card

If you spend £1,200 at an annual interest rate of 27.5% (variable) your representative APR will be 27.5% (variable).

Tesco Low Rate Credit Card

If you spend £1,200 at an annual interest rate of 5.9% (variable) your representative APR will be 5.9% (variable).

TSB Balance Transfer Credit Card

If you spend £1,200 at an annual interest rate of 18.94% (variable) your representative APR will be 18.9% (variable).

TSB Platinum

If you spend £1,200 at an annual interest rate of 18.94% (variable) your representative APR will be 18.9% (variable).

Vanquis Visa Credit Card

If you spend £1,200 at an annual interest rate of 39.9% (variable), your representative APR will be 39.9% (variable).

Virgin Atlantic Black Credit Card

If you spend £1,200 at an annual interest rate of 22.9% (variable) with a £140 annual fee, your representative APR will be 54.7% (variable)

Virgin Atlantic White Credit Card

If you spend £1,200 at an annual interest rate of 22.9% (variable) your representative APR will be 22.9% (variable).

Virgin Money card

If you spend £1,200 at an annual interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).