UK credit card guides

Where to find your credit card APR and interest charged

Open your latest monthly statement and look for interest charged to see the amount added in pounds. Look for interest rates or rates and fees to see the percentages your provider lists. Check every page of the PDF.

How much interest did I pay this month?

Use the amount in pounds next to “interest charged” for the dates covered by your statement. That line shows what the provider added to your balance during the statement period.

How does the interest charge differ from the rate?

Annual purchase interest rate · 24.9% p.a.

This example rate is expressed per year. Look for separate rates for purchases, balance transfers or cash advances.

Interest charged this period · £29.40

This example amount is what was added as interest during the statement period. The statement dates tell you which period it covers.

If the PDF lists a monthly or annual interest rate, use the label your provider gives it. If you specifically need your APR and the statement doesn’t label it, check your card agreement or ask the provider. The representative APR in an advert is an advertised figure.

Check which balance the rate applies to

If you see multiple rates, look for a balance breakdown alongside them. If it only lists the rates, ask your provider how much is on each one.

Sources

• Barclays guide to finding your card’s interest rate
• Barclaycard guide to rates and balances