What APR (Annual Percentage Rate) will I receive?

APR is the Interest Rate charged to your account on any balances not paid off by the date shown on your statement each month - meaning that if you pay your balance off in full every month you will never need to pay interest on your purchases.

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What happens when I apply online?: Many online applications will result in a provisional decision within 20 seconds.
How can I pay off my balance?: There are number of ways you can choose to pay off your credit card balance - either by Direct Debit, by Debit Card over the phone, by bank transfer from your bank or by cheque.
Will I have to pay interest each month?: You can avoid paying any interest by always paying your balance in full and on time each month.
How do I use Credit card cheques?: When you receive your credit card, you will also receive some credit card cheques in the post.
How much can I Balance Transfer and how long does it take?: Most credit card companies will only allow you to make a minimum of £100 balance transfer either from or to your credit account, because of the administration involved.

Most credit companies offer a single rate of interest to all their customers, however if you have a bad credit history you may be subject to a system known as Risk Based Pricing. This means that you will be charged a different APR depending on your risk profile, and could be anything up to about 25%.

If you have a good credit history then you can pick and choose between the cheapest APRs on the market. Many credit card companies offer 0% introductory rates on balance transfers and purchases, and then move on to their standard rate. If you are likely to build up some debt on your credit card then pick the card with the lowest APR so you pay less interest. Shopping around is the only way to achieve this.