Bank of Scotland One Credit Card

superstar_2

I have this card. I recently went down again to enquire more about the card and been told that if i used them overseas, i will be charged a flat rate of £1.50+2.75% on purchases.

Isn't, one of the reasons you have a CC is to use them when you're overseas? Any help?

superstar_2

Bump! bump bump

YorkshireBoy

Possibly you are confused?

BoS debit card charges £1.50 + 2.75%

BoS credit card charges 2.95%

for overseas purchases.


If your point is you'd rather not pay any commission, then take a look at Nationwide.

superstar_2

YorkshireBoy wrote: »

Possibly you are confused?

BoS debit card charges £1.50 + 2.75%

BoS credit card charges 2.95%

for overseas purchases.


If your point is you'd rather not pay any commission, then take a look at Nationwide.

Cheers!

I was quoted that by the guy in a branch, so obviously he doesnt know what he was saying! No idea why he is employed by BoS! :rotfl:

Btw - Is there any place here where i can check who provides 0% interest on overseas purchases cos there isnt any Nationwide branches close to me.

jonesMUFCforever

What about the post office card?

superstar_2

ejones999 wrote: »

What about the post office card?

Do they offer 0% as well?

superstar_2

Found the post office one online. Here it is:

Credit card




Exclusive four

• 0% on balance transfers for the first 10 months*
• 0% on purchases for the first 3 months
• 0% commission on purchases overseas
• 0% again on balance transfers on your anniversary in 2008 and 2009**

15.9% APR Typical (variable)


Benefits

• lower interest rate on big purchases
• online account management
• 3 ways to pay: in branch, by Direct Debit or phone
• free purchase and fraud protection
• helpline available 365 days in a year

Post Office™ MasterCard® provided by Bank of Ireland.
*2.75% balance transfer fee applies.
**For 5 months on new balance transfers made in the anniversary month of the month you opened the account

Source: http://www.postoffice.co.uk/portal/po/jump1?catId=19400177&mediaId=34100665

superstar_2

So, can anyone help me:

1. When it says 15.9% typical APR (variable) - what does it mean? How much is that monthly, do i get charged if i settle the payments on time?

2. 2.75% on balance transfers - what does it mean? and then it also says 0% on first 10 months!?

3. 0% on purchases for 3 months, so what happens to purchases made in month 4, 5 and etc?

This might be easy question for some of you, but any help would be greatly appreciated!

anniecave

15.9% is the rate for purchases and balance transfers after the promotional rates have ran out (after 3 months for purchases, 10 months for balance transfers)
2.75% fee if you transfer a balance
So as with any credit card if you pay your card off off in full each month, you'll pay no interest

Don't try to do purchases and balance transfer at the same time, that's what they'll hope you'll do, then you'll be making purchases and they'll charge you lots of interest on them while allocating the payments you make to the 0% interest balance transfer!