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These are the terms and conditions of an agreement between us (Barclays Bank PLC, Barclaycard
Centre, Northampton NN4 7SG) and you MR Martin Lancaster, of 508, ROCHDALE ROAD,
ROYTON, OLDHAM, LANCS, OL26SF.
In condition 1 we have set out some special meanings we have given to words in this agreement.
AMOUNT OF We will tell you your credit limit when you first receive your
CREDIT Barclaycard. We may change your credit limit depending on
our assessment of your account and will tell you about these
changes by writing to you. We may restrict your cash limit (your
maximum Cash Balance) to a percentage of your credit limit. If
we do this we will tell you what your cash limit is at that time.
MONTHLY You must make the minimum payment every month of 2.25%
REPAYMENTS of the amount you owe us on your monthly statement or £5,
whichever is more or the entire amount if less than £5. You
must pay the minimum payment by the due date shown on your
statement. This will be at least 20 days after your statement
date.
APR 16.9% (variable)
ANNUAL Standard Rate 16.9% p.a. on Cash Rate 27.9% p.a. on the
INTEREST RATES the Standard Balance. Cash Balance.
(VARIABLE) We may from time to time make available Promotional Balances
on which a lower rate will be charged. If we do, we will notify you
of the applicable rate before you make the transaction.
PROMOTIONAL 0% interest for 16 months from account opening with a 2.9%
ANNUAL handling fee on balance transfers for any eligible balances
INTEREST RATE transferred to your account within 60 days of opening your
account. The amount transferred must not exceed 90% of the
available credit on your account. 0% interest on purchases for 3
months from account opening.
We will transfer Promotional Balances to the Standard Balance
or the Cash Balance (as relevant) at the end of the promotional
period and also if you break this agreement. See condition 1.2
for more information.
CHARGING We will not charge interest on purchases added to your Standard
INTEREST Balance since your last statement if you pay your current
statement balance in full by your payment due date. If you do not
do so, we will charge interest on the amount of each purchase
from the date the purchase is added to your account until the
balance is repaid in full. This may result in an interest charge
appearing on your statement even though you have paid your
balance in full. We will not charge any interest on a Default
Charge for 28 days starting from the date that we give you notice
that the Default Charge has been charged to your account.
We always charge interest on balance transfers, cash
withdrawals and all other amounts from the date they are added
to your account even if you repay your balance in full by the
payment due date. We add all interest to your account on the
date of your statement each month. This means that you will
generally pay interest on interest. However we will only charge
simple interest on Default Charges (i.e. we will not charge
interest on interest). Interest is calculated on a daily basis. If any
interest is payable on your account we will charge a minimum of
£1.00.
ALLOCATION OF If you do not pay the total outstanding balance in full by the
PAYMENTS payment due date, we will apply the amount you do pay to
reduce what you owe us in the following order:
DEFAULT We will charge you for any reasonable costs or losses we incur if
CHARGES you break this
agreement, including the following charges:
MISSING PAYMENTS
Missing payments could have severe consequences and make obtaining credit more difficult.
1. You can settle this agreement at any time by giving notice in writing and paying off the amount
you owe under the agreement.
2. If you received unsatisfactory goods or services paid for under this agreement, apart from any
bought with a cash loan, you may have a right to sue the supplier, us or both.
3. If the contract is not fulfilled, perhaps because the supplier has gone out of business, you may
still be able to sue us.
If you would like to know more about your rights under the Act, contact either your local Trading
Standards Department or your nearest Citizens' Advice Bureau.
About Us
Barclays Bank PLC is covered by the Financial Ombudsman Service (UK Branches Only). If you
have a complaint, please write to us at Barclaycard Customer Relations Department, 1234 Pavilion
Drive, Northampton, NN4 7SG or call us on 0844 811 9111. If we do not resolve your complaint
internally to your satisfaction, you may be able to refer it to the Financial Ombudsman Service at
South Quay Plaza, 183 Marsh Wall, London E14 9SR.
We provide credit products to consumers and are licensed for this and related purposes by the
Office of Fair Trading (licence number 005116). We are also authorised by the Financial Services
Authority (reference number 122702); are members of the British Bankers' Association; and
subscribe to the Lending Code which is monitored and enforced by the Lending Standards Board.
Barclays Bank PLC is a company registered with the Registrar of Companies for England and
Wales, Company No 1026167, Registered Office: 1 Churchill Place, London E14 5HP.
RESPONSIBLE LENDING
Barclays is a responsible lender. We will check and appraise the financial circumstances of
your application carefully and make any credit reference, fraud or other enquiries we consider
appropriate. Credit Reference and Fraud Prevention Agencies maintain a record of our search.
This will include whether you have given us false or inaccurate information or we suspect fraud.
These enquiries depend on our submitting Barclaycard account information on a regular basis
to licensed Credit Reference and Fraud Prevention Agencies. This is then shared with other
lenders and insurers in assessing applications for credit and all types of insurance for you and
other members of your household. It is also used to prevent fraud and money laundering. It is
important that you do not take on more borrowing than you can afford. If you sign the attached
application form, you will be agreeing to these responsible lending practices. Remember if you run
into difficulties with your repayments, please contact us immediately.
If you are not eligible for a Barclaycard at this time, unless you write to the address below you agree
that we may use the information we obtain about you in connection with this application to send you
details of alternative products (including those of other companies). You must write to us at PO Box
5592, Northampton NN4 1ZY if you don't want us to tell you or allow other members of the Barclays
Group to tell you about other products and services. (In order for us to ensure that we note this in all
our records, it would help us if you give us your bank details and the numbers of any cards, insurance,
unit trust and other accounts or policies.) You can ask us for a copy of the information we keep about
you. A fee will be charged for this service.
Credit reference agencies keep a record of our enquiries and may record, use and give out information
we give them to other lenders, insurers and other organisations.
If false or inaccurate information is provided or fraud is suspected, details will be passed to fraud
prevention and credit reference agencies. Law enforcement agencies may access and use this
information. We and other organisations may also access and use this information to prevent and
detect fraud, crime and money laundering and other crimes. Examples of circumstances when
we would share your information or information relating to your partner or other members of your
household include: checking details on applications for credit and credit related or other facilities,
managing credit and credit-related accounts and facilities, recovering debt, checking details on
proposals and claims for all types of insurance, checking details of job applicants and employees.
Please contact us on the Barclays Group Information Line on 0800 400100 if you want to receive
details of the relevant fraud prevention agencies. The information recorded by fraud prevention
agencies may be accessed and used by organisations in the UK and in other countries. Information
held about you by the credit reference agencies may already be linked to records relating to one or
more of your partners where a financial 'association' has been created. Any enquiry we make at a
credit reference agency may be assessed with reference to any 'associated' records. We may give
information about you and how you manage your account to the following:
- People who provide a service to us or are acting as our agents, on the understanding that they will
keep the information confidential.
- Anyone to whom we transfer or may transfer our rights and duties under this agreement.
- We may also give out information about you if we have a duty to do so or if the law allows us to do
so. Otherwise we will keep information about you confidential.
If we transfer your information to a service provider or agent in another country, we will make sure that
the service provider or agent agrees to apply the same levels of protection as we are required to apply
to information held in the UK and to use your information only for the purpose of providing the service
to us.
Barclaycard is a trading name of Barclays Bank PLC. Barclays Bank PLC is authorised and regulated by the
Financial Services Authority and subscribes to the Lending Code which is monitored and enforced by the Lending
Standards Board. Registered in England No: 1026167. Registered Office: 1 Churchill Place, London E14 5HP.