Official APR examples
All credit cards
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).
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 21.9% representative APR, then 51% of people accepted have to get an interest rate of 21.9%, but the other 49% could get a different rate (usually higher). Of course, some people will be rejected outright.
CREDIT CARD | REPRESENTATIVE APR |
|---|---|
American Express (Amex) | |
British Airways | If you spend £1,200 at an annual interest rate of 31% (variable), your representative APR will be 31% APR (variable). |
British Airways Premium | If you spend £1,200 at an annual interest rate of 31% (variable) with a £250 annual fee, your representative APR will be 139.9% APR (variable). |
Nectar | If you spend £1,200 at an annual interest rate of 31% (variable) with a £25 annual fee, your representative APR will be 37.8% APR (variable). |
Platinum Cashback | If you spend £1,200 at an annual interest rate of 31% (variable) with a £25 annual fee, your representative APR will be 36.7% APR (variable). |
Platinum Cashback Everyday | If you spend £1,200 at an annual interest rate of 31% (variable), your representative APR will be 31% APR (variable). |
Preferred Rewards Gold | If you spend £1,200 at an annual interest rate of 31% (variable) with a £160 annual fee, your representative APR will be 88.8% APR (variable). |
Rewards | If you spend £1,200 at an annual interest rate of 31% (variable), your representative APR will be 31% APR (variable). |
Asda Money | |
Credit Card | If you spend £1,200 at an annual interest rate of 27.9% (variable), your representative APR will be 27.9% APR (variable). |
Select Credit Card | If you spend £1,200 at an annual interest rate of 34.9% (variable), your representative APR will be 34.9% APR (variable). |
Barclaycard | |
Barclaycard Platinum | If you spend £1,200 at an annual interest rate of 24.9% (variable), your representative APR will be 24.9% APR (variable). |
Barclaycard Rewards | If you spend £1,200 at an annual interest rate of 28.9% (variable) your representative APR will be 28.9% APR (variable). |
Barclaycard Forward | If you spend £1,200 at an annual interest rate of 33.9% (variable) your representative APR will be 33.9% APR (variable). |
Reward / Avios | If you spend £1,200 at an annual interest rate of 29.9% (variable) your representative APR will be 29.9% APR (variable). |
Reward / Avios Plus | If you spend £1,200 at an annual interest rate of 29.9% (variable) your representative APR will be 80.1% APR (variable). |
Capital One | |
0% Purchase | If you spend £1,200 at an annual interest rate of 37.94% (variable), your representative APR will be 37.9% APR (variable). |
Balance Transfer Card - poorer credit scorers | If you spend £1,200 at an annual interest rate of 34.94% (variable) your representative APR will be 34.9% APR (variable). |
Fluid | |
Credit Card | If you spend £1,200 at an annual interest rate of 34.94% (variable) your representative APR will be 34.9% APR (variable). |
Halifax | |
Clarity Card | If you spend £1,200 at an annual interest rate of 23.94% (variable) your representative APR will be 23.9% APR (variable). |
HSBC | |
Purchase Plus | If you spend £1,200 at an annual interest rate of 24.9% (variable) your representative APR will be 24.9% APR (variable). |
John Lewis | |
Partnership Card | If you spend £1,200 at an annual interest rate of 39.95% (variable) your representative APR will be 39.9% APR (variable). |
Lloyds Bank | |
Dual Transfer and Purchase / Balance Transfer Card | If you spend £1,200 at an annual interest rate of 24.95% (variable) your representative APR will be 24.9% APR (variable). |
MBNA | |
Dual Transfer and Purchase | If you spend £1,200 at an annual interest rate of 24.93% (variable), your representative APR will be 24.9% APR (variable) |
M&S Bank | |
M&S Credit Card / Shopper Plus / Purchase Plus | If you spend £1,200 at an annual interest rate of 24.9% (variable), your representative APR will be 24.9% APR (variable). |
Natwest | |
Balance Transfer Credit Card / Purchase & Balance Transfer Card | If you spend £1,200 at an annual interest rate of 24.9% (variable) your representative APR will be 24.9% APR (variable). |
Post Office | |
Classic Card | If you spend £1,200 at an annual interest rate of 34.94% (variable), your representative APR will be 34.9% APR (variable). |
Sainsbury's bank | |
Balance Transfer Credit Card | If you spend £1,200 at an annual interest rate of 23.95% (variable) your representative APR will be 23.9% APR (variable). |
Everyday 3-3 Credit Card | If you spend £1,200 at an annual interest rate of 29.9% (variable) your representative APR will be 29.9% APR (variable). |
Nectar | If you spend £1,200 at an annual interest rate of 22.95% (variable) your representative APR will be 22.9% APR (variable). |
Santander | |
Balance Transfer Credit Card | If you spend £1,200 at an annual interest rate of 23.9% (variable) your representative APR will be 23.9% APR (variable). |
Tesco Bank | |
Foundation Credit Card | If you spend £1,200 at an annual interest rate of 29.9% (variable) your representative APR will be 29.9% APR (variable). |
Money Transfer Credit Card / All round | If you spend £1,200 at an annual interest rate of 24.9% (variable) your representative APR will be 24.9% APR (variable). |
Virgin Money | |
Virgin Atlantic Reward Credit Card | If you spend £1,200 at an annual interest rate of 26.9% (variable) your representative APR will be 26.9% APR (variable). |
Virgin Atlantic Reward+ Credit Card | If you spend £1,200 at an annual interest rate of 26.9% (variable) with a £160 annual fee, your representative APR will be 69.7% APR (variable). |
Balance / Money Transfer Credit Card | If you spend £1,200 at an annual interest rate of 26.9% (variable) your representative APR will be 26.9% APR (variable). |
Balance Transfer Credit Card | If you spend £1,200 at an annual interest rate of 24.9% (variable) your representative APR will be 24.9% APR (variable). |
Balance Transfer Credit Card - poorer credit scorers | If you spend £1,200 at an annual interest rate of 29.9% (variable) your representative APR will be 29.9% APR (variable). |
Zopa | |
Balance Transfer Credit Card - poorer credit scorers | If you spend £1,200 at an annual interest rate of 34.9% (variable) your representative APR will be 34.9% APR (variable). |
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