Coutts Classic Card

The Coutts Classic Card also provides your family members and personal staff with a convenient way to pay for goods and services.

Coutts Online Verification protects you when shopping online. While shopping at a wide range of participating merchants, you will receive additional protection from online fraud.

Find out more about the Coutts Online Verification

APR

Typical 17.5 % APR variable

Interest rates

For purchases, cash advances and balance transfers:

Monthly rate 1.35%

Annual rate 16.2%

Interest free period

Maximum 46 days if you pay your balance in full and on time, and have paid the previous month’s balance in full and on time.

Interest charging information

Interest will be charged on a daily basis. Interest payments will therefore increase the longer the payment is delayed (even before the monthly payment date).

Interest for purchases, cash advances and balance transfers is charged from the date of statement until payment is credited to the Account.

If the payment is not paid in full, interest will be charged on the total value of the statement and not just on the remaining balance.

If you pay the balance in full, any interest charge for the period from the previous statement to the date of full repayment will be debited the following month.

Allocation of payments

If you do not pay off your balance in full, payments we receive are applied in the following order:

1. Interest

2. Fees and charges

3. Advances

4. Purchases

See section 2d. c) of your Credit Card Agreement for full details.

Minimum repayment

The greater of 5% of your balance (rounded down to the nearest pound) or £5 each month. If your balance is less than £5, you must pay the full balance.

Amount of credit

Standard credit limit £5,000. All credit limits subject to status.

Fees

No annual fee

Charges

Cash advances – 2% (subject to a minimum of £1.50)
Foreign currency transactions – 2.75% commission

Copies of statements – £4.00 per request

Default charges

None