moneygem
Credit Cards

Bank of Scotland Platinum Purchase Card


Representative APR
18.9%
Cash Advance AER
19%
Interest Free Period
56 Days
Fee
£0
Int'l Charges
2.95%
Free Warranty Cover
No
Cash Back
No
Airmiles
No
Rewards
No

Representative Example: Based on a credit limit of £1200.00 charged at 18.9% variable per annum for purchases.  Representative 18.9% APR variable.

The Platinum Purchase Card from Bank of Scotland


The Bank of Scotland Platinum Purchase Card is a credit card with a mid-range cost of credit and no annual fee. The credit card is provided by Bank of Scotland with a representative APR of 18.9% and a cash AER of 19%. There is a usage charge of 2.95% on international transactions.

Interest Free Period
Users benefit from an interest fee period of 56 days provided the credit card balance is settled in full with each statement period. Clearing your balance each month enables interest free short-term borrowing and may positivley benefit your credit profile.

Cost of Borrowing
With a representative APR of 18.9% the Bank of Scotland Platinum Purchase Card is potentiallly cheaper to use than 41 other cards listed (as of October we list 184 credit cards). The cash advance AER (Annual Equivalent Rate) of 19% makes this card more reasonable compared to other cards for borrowing cash.

Recommendation
The Platinum Purchase Card is a premium offering with ehanced features and services suited to discerning users.

Before applying for this credit card, view the credit card suitability check-list below to see if the financial product is appropriate for your individual requirements and circumstances. You may also wish to view more Bank of Scotland credit cards.
Is the Bank of Scotland Platinum Purchase Card suitable for you?
Low Purchase Interest Rate
Low Cash Interest Rate
No Annual Fee
Cashback
Airmiles / Rewards
Gold / Platinum
May accept users with impaired credit
How does the Platinum Purchase Card from Bank of Scotland compare with other credit cards in the market?
Key Feature Avg High Low
Rep APR (%) 18.9 19.7 59.9 6.4
Cash Advance AER (%) 19 25.4 69.9 6.5
Annual Fee (£) 0 n/a 50 0
Interest Free Period (Days) 56 n/a 60 0
Cash Back (£) 0 n/a 65.63 0
Int'l Charges (%) 2.95 2.7 2.99 0

* Comparison is made against data from 184 credit cards covering the whole of the market.


Apply


When applying for the Platinum Purchase Card, consider the following factors to encourage a successful application response from Bank of Scotland.
  • If you are not sure of your current credit status or have recently made numerous applications for credit, we recommend you obtain a credit report / score from Experian or Equifax before applying to Bank of Scotland.
  • You will need to supply your personal details such as your bank account information and the nature of your residence (i.e. tenant, homeowner).
  • You will need to provide details of employment and income.
  • Certain credit card issuers require details of any existing debts you may have.
  • If you are planning to do a balance transfer, have the details of card balances at hand as the majority of providers process this information during the application.

Bank of Scotland Credit Cards


We currently list 6 Bank of Scotland credit cards:

Useful Information


DISCLAIMER
THIS IS NOT AN OFFICIAL PAGE FOR THE BANK OF SCOTLAND PLATINUM PURCHASE CARD. EXCEPT WHERE INDICATED, MONEYGEM DOES NOT HAVE A DIRECT RELATIONSHIP WITH BANK OF SCOTLAND AND DOES NOT PROVIDE CUSTOMER SERVICE OR SUPPORT FOR THIS FINANCIAL PRODUCT.

ALL RATES DISPLAYED ARE 'REPRESENTATIVE' UNLESS OTHERWISE STATED. ACTUAL RATES OFFERED ON APPLICATION MAY DIFFER AS A RESULT OF APPLICANT PROFILING AND CREDIT SCORING.

ALL DATA, INFORMATION AND OPINION IS PRESENTED HERE 'AS IS' AND SHOULD NOT BE CONSIDERED OR USED AS LEGAL FINANCIAL ADVICE.

THE ACCURACY AND COMPLETENESS OF ANY DATA / INFORMATION CANNOT BE GUARANTEED AND NO WARRANTY OR REPRESENTATION IS GIVEN.