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Important information

Here's what you need to know about your ASDA Credit Card

To make it easy, the information below summarises key features of your card and is not intended to replace any terms and conditions
APR	Typical 17.8% APR Variable
Other Interest Rates	Introductory Rate	Monthly Rate	Simple Annual Rate
Retail Purchases	0% p.a. for 3 months†	1.378%	16.536%
Cash Transactions##	N/A	2.104%	25.249%
Balance Transfers##	0% p.a. for 9 months*	1.378%	16.536%
Interest free period	Maximum 56 days for purchases if you pay your balance in full and on time.
Interest charging information	The periods over which interest is charged are as follows: From Until Retail Purchases** Date of transaction Repaid in full Cash Transactions Date of transaction Repaid in full Balance Transfers** Date of transaction Repaid in full ** Interest free period only applies to the introductory rate.
Allocation of payments	We will apply payments we receive to your Account in the following order: Insurance Premiums; Interest, Charges or Fees (in that order) Balance Transfers and Retail Purchases (excluding Buy Now Pay Later Transactions) on which either no interest is being charged or is being charged at an introductory or preferential rate. Those with lower rates being paid first. Other Balance Transfers Retail Purchases Cash Transactions Buy Now Pay Later Transactions in the order they were debited to the Account See the 'Other Financial Information' section of the customer terms and conditions for full details.
Minimum repayment	The full balance outstanding if it is less than £5.00, otherwise 3% (minimum £5.00) of the outstanding balance.
Amount of credit	Minimum credit limit £250.00, maximum credit limit is subject to status.
Fees	No annual fee Introductory Rate Balance Transfers - 2.99% Special Transaction Balance Transfers - we will tell you the amount of the fee when offering these to you.
Charges	Cash Transactions - 3% (minimum of £3.00) Paper copies of statements - £3.00 Overseas Transactions (including Cash Transactions) - 2.75%
Default charges	Late payment fee – £12.00 Administration fee for returned cheques or direct debits – £12.00 Over limit Fee - £12.00 Trace Fee - £25.00 (applied if you do not inform us of a change of address and we have to trace you)

^†0% p.a. on Retail Purchases for 3 months on new accounts opened. At the end of the 3 months, if you haven't paid off the balance on these purchases, interest will become payable on the remaining amount at your then current standard Retail Purchase rate.

*Balance Transfers are subject to application by the primary cardholder and the available credit limit on their ASDA Credit Card. The rate of 0% p.a. for 9 months applies to Balance Transfers that you transfer to your ASDA Credit Card within 6 weeks of signing the agreement. A handling fee of 2.99% will be charged for each balance transferred. This fee will be shown on the following monthly statement. At the end of the 9 months, if you haven't paid off the Balance Transfer amount in full, interest will become payable on the remaining amount at your then current standard Retail Purchase rate. Your monthly payments will be allocated to Balance Transfers and Retail Purchases with a 0% interest rate before other Balance Transfers, Retail Purchases and Cash Transactions which are charged at a higher rate. Only UK credit card balances may be transferred and are subject to approval. ASDA reserves the right to withdraw these offers at any time.

^## Where permitted on the account.

No Quibble Guarantee ^®

In the unlikely event that you are not totally satisfied with your ASDA card please call our Customer Services on 0871 522 5888 (Calls may be recorded and monitored for quality and security purposes. Calls cost 10p per minute plus network extras) and take advantage of our No Quibble Guarantee. If you contact us within 60 days of opening your account and then pay off your outstanding balance within 30 days, we will close your account for you and waive the interest charges and fees. (We may require notification in writing). This guarantee is in addition to and does not affect any statutory rights that you may have. Calls may be recorded and monitored for quality and security purposes.

Information about money - Moneybasics ^™

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