Summary box for Reward Black credit card

• Representative 40.7% APR (variable).

• Maximum 56 days for purchases if you pay your balance in full and on time, and have paid the previous month's balance in full and on time. 

• No interest-free period for cash advances, balance transfers or money transfers (subject to any special offer, including an introductory or promotional rate).

You will not pay interest on new purchases if you pay your balance in full and on time, and have paid the previous month’s balance in full and on time. If you don’t do this, we may need to make an adjustment to include interest for purchases on your next statement. Otherwise, interest is charged on all types of transactions from the date they are debited to your account until repaid in full.

Purchases, cash advances, balance transfers and money transfers are charged from the date debited to your account until repaid in full.

If you do not pay off your balance in full, payments we receive will be allocated in the following order:

• to pay your contractual Minimum Payment under section 2 of this Agreement;
• to pay any Instalment Plan fees;
• to pay any monthly Instalment Plan repayments (if you have more than one plan we’ll first pay off the one which ends soonest);
• to reduce sums shown on your most recent monthly statement (excluding Instalment Plans), according to their interest rates, with the highest rate paid first;
• to reduce the remainder of the outstanding balance(s) on any Instalment Plan(s) on the account; and
• finally, if any payment exceeds your most recent monthly statement balance, the excess will then be applied to reduce sums charged to your account but not yet shown on any monthly statement. This is also done according to their interest rates, with the highest interest rate paid first.
  

See General Condition 6 of your Credit Card Agreement for full details.