Ulster Bank World Card - Rates and Fees
The information below summarises key product features and is not intended to replace any terms and conditions.
Please note Government duty of €30 per annum is payable on credit cards. In the Representative Example below we have used an assumed credit limit of €3,000 (and is inclusive of the Government Stamp Duty fee).
The actual credit limit assigned to individual accounts will vary depending on our credit assessment of you.
Representative Example
| World Card APR and other rates | |||||
|---|---|---|---|---|---|
| APR | Representative 19.2% APR* | ||||
| Interest rates | Introductory rate | Monthly GoTo Rate | Annual Rates | ||
| Simple | Effective | ||||
| Purchases | 0% p.a. (fixed) on all new purchases until 29th February 2012 | 1.313% (variable) | 15.756% | 16.9% | |
| Cash advances | N/A | 1.608% (variable) | 19.296% | 21.1% | |
| Balance transfers | N/A | 1.313% (variable) | 15.756% | 16.9% | |
- APR is based on Purchases and is inclusive of Government Stamp Duty (Currently €30).
- The total amount of credit provided is €3,000.
- The total amount you will have to repay is €3,286.04
- You repay in 12 equal capital repayments of €250
- You also pay €256.04 in interest in total across the 12 months
(NOTE: No annual fee applies. Minimum monthly repayments are just €5 or 3% of your balance, whichever is the greater.)
Interest-free period
Maximum 56 days for purchases if you pay your balance in full and on time, and you have repaid your previous month's balance in full and on time.
There is no interest free period on cash advances or balance transfers.
Allocation of payments
If you do not pay off your balance in full when you make a payment it will be used to pay off any special offer, balance transfer or promotional offers before any cash withdrawals or standard rate purchases. See terms and conditions for full details.
Minimum repayment
3% of outstanding balance or €5, whichever is more.
Fees
Cash advances: handling fee 1.5%, minimum €2.54.
Foreign-currency transactions: administration fee 2%.
If your payment is late: €8.50.
Rates correct as at 1st Jan 2013.