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Here's what you need to know about your Asda Reward Credit Card™

The information contained in the following table summarises key product features and is not intended to replace any terms and conditions. For further information please read the terms and conditions here .

Summary Box

The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
APR
  • Representative 16.8% APR Variable
  • Rates from 16.8% APR to 24.8% APR depending on individual circumstances.
Other Interest RatesIntroductory Rate*Monthly RateAnnual Rate
Purchases 0% p.a. for 3 months From 1.300% p.m. to 1.860% p.m.
 From 16.8% p.a. to 24.8% p.a.
Cash Transactions2 N/A From 2.104% p.m. to 2.130% p.m.
 From 28.4% p.a. to 28.8% p.a.
Balance Transfers2 0% p.a. for 12 months1 From 1.300% p.m. to 1.860% p.m.
 From 16.8% p.a. to 24.8% p.a.
Interest Free Period
  • Interest free period on Purchases applies to the introductory rate period (if any). Otherwise, maximum 56 days on Purchases if you pay your balance in full and on time.
  • Interest free period on Balance Transfers only applies to the introductory rate period (if any). Otherwise, there is no interest free period on Balance Transfers or Cash Transactions.
Interest Charging Information  FromTo
Purchases Date added to Account
 Repaid in full**
Cash Transactions Date added to Account
 Repaid in full**
Balance Transfers Date added to Account
 Repaid in full**
**Interest is calculated daily. You will not pay interest on new purchases if you pay your balance in full and on time each month. If you have not paid your balance in full in the previous month, you may receive a further interest charge in the following month even if you have paid your balance in the current month in full.
Allocation of Payments

If you do not pay off your balance in full, payments we receive are applied to the highest interest bearing transaction first.

For further details, please refer to your card terms and conditions. 
Minimum repayment
  • All fees, default charges, payment protection insurance premiums, interest plus 1% of the principle and the amount you have exceeded your credit limit. (Subject to a minimum £5) 
  • If you only make the minimum payment it will take longer and cost more to clear your balance.
Credit Limit

Minimum credit limit

£250

Maximum credit limit

Subject to Status
Fees No annual fee
Charges

Introductory Rate Balance Transfers

2.99%
Special Transactions Balance Transfers
We will tell you the amount of the fee when offering these to you
Cash Transactions 3% (minimum of £3.00)

Paper copies of statements

£3.00

Overseas Transactions (including Cash Transactions)

2.75%

For further details, please refer to the Credit Agreement. 
Default Charges

Late Payment Fee

£12.00

Administration Fee for returned cheques or direct debits

£12.00

Over Limit Fee

£12.00

Trace Fee (applied if you do not inform us of a change of address and we have to trace you)

 £25.00

1Applies to Balance Transfers made within 6 weeks of account opening

2Where permitted on the Account

*To benefit from the 0% rate you must not break the agreement, eg by not making your required monthly payments on time or exceeding your Credit Limit. If you do break the agreement, we may charge the standard Purchase rate or Balance Transfer rate (as applicable) instead of the introductory rate