Interest Rates & Charges: Credit Cards
Clydesdale Bank gold Mastercard
Rates of interest are subject to change but are correct as of 1st August 2007
Purchases and cash advances
on transactions other than balance transfers at the following rates:
| Current rates | Monthly rate for purchases and cheques | Annual rate for purchases and cheques | Monthly rate for cash advances | Annual rate for cash advances |
|---|---|---|---|---|
| Introductory rate | 0% | n/a | 1.873% | 12.59% |
| Select rate | 1.24% | 8.24% | 1.873% | 12.59% |
| Profile rate | 1.463% | 9.76% | 1.873% | 12.59% |
| Previous rates | Monthly rate for purchases and cheques | Annual rate for purchases and cheques | Monthly rate for cash advances | Annual rate for cash advances |
|---|---|---|---|---|
| Introductory rate | 0% | n/a | 1.527% | 10.2% |
| Select rate | 1.167% | 7.75% | 1.527% | 10.2% |
| Profile rate | 1.463% | 9.76% | 1.463% | 9.76% |
Balance transfers*
| Current rates | Monthly rate | Annual rate |
|---|---|---|
| Introductory rate (purchases) | 0% | 0% |
| Select rate | 0.945% | 6.25% |
| Profile rate | 0.945% | 6.25% |
| Previous rates | Monthly rate | Annual rate |
|---|---|---|
| Profile rate | 0.945% | 6.25% |
Promotional Balance Transfers*
We may from time to time, in particular circumstances and for particular periods, offer promotional rates for Balance Transfers. If we do then the following rates will apply:
| Current rates | Monthly rate | Annual rate |
|---|---|---|
| Select rate | 0.482% | 3.16% |
| Profile rate | 0.482% | 3.16% |
| Previous rates | Monthly rate | Annual rate |
|---|---|---|
| Profile rate | 0.945% | 6.25% |
Important Information
At the end of the introductory period the Select Rate will apply for Gold MasterCard customers.
When you make a balance transfer we may charge a fee which will be 2.5% of the balance transferred with a minimum of £2.50.
*The interest rate due on all balance transfers will be fixed for the period of six months (except for the introductory rate) from the date the transfer is debited to the account after which it will form part of the general balance outstanding on your account and be charged interest at the rate you are then paying.
A cash handling fee of 2.5% (minimum charge £2.50) is payable on each cash advance or purchase of foreign currency and travel services. The APR's and fees may vary. If your outstanding balance is less than £5 you must pay it off by the date shown on your statement. If your outstanding balance is more than £5 you must pay a minimum of £5 or 3% of the outstanding monthly balance, whichever is greater.
Credit is available to UK residents who are at least 18 years of age and who are not exisiting National Australia Bank Group Credit Card customers. Subject to status and conditions. Written quotations are available on request.
Clydesdale Bank PLC
Registered in Scotland (No.SC001111)
Registered Office:
30 St. Vincent Place
Glasgow
G1 2HL