Bank of Ireland MoneyBack Standard MasterCard
From Bank of Ireland
Summary
Bank of Ireland MoneyBack Standard MasterCard is provided by Bank of Ireland.
The representative APR is 17.9%APR variable.
New customers will receive an introductory balance transfer rate of 0% for 6 months.
This makes Bank of Ireland MoneyBack Standard MasterCard a good option if you're looking to transfer an existing credit card balance and don't want to make purchases.
The representative APR is 17.9%APR variable.
New customers will receive an introductory balance transfer rate of 0% for 6 months.
This makes Bank of Ireland MoneyBack Standard MasterCard a good option if you're looking to transfer an existing credit card balance and don't want to make purchases.
How long will it take to repay with the Bank of Ireland MoneyBack Standard MasterCard
Balance transfer
Purchases
Fixed payment
By switching to the Bank of Ireland MoneyBack Standard MasterCard, you could pay off £1000 in by budgeting £50 each month. This would effectively cost you £50.
Minimum payment
By comparison, if you only make the minimum payment each month, it would take 16 years and 10 months to repay, costing you a total of £2,082 on top of the original balance!
If this seems high, that's because your minimum payment is calculated as a percentage of your balance. This means each payment will be slightly lower than the month before which will have less effect on clearing your balance. So be smart and pay as much as you can afford!
Rates & Charges
Introductory rates
Balance transfers
0% for 6 months 82 cards better than this
Balance transfer fee
Purchases
0% for 3 months 79 cards better than this
Ongoing rates
Typical APR
Balance transfer rate
Balance transfer fee
2.98%
Balance transfer limit
Unknown
Cash advance rate
24.9%
Fees and Charges
Annual fee
£0
Cash advances
2.5% or £3 minimum 24 cards better than this
Foreign currency transactions
Late payment fee
£12
Over limit fee
£12
Returned payment fee
£12
Insurance and Protection
Payment protection
Payment protection
Free warranty cover
Free price protection insurance
Online fraud protection
Online fraud protection
Travel insurance
Travel insurance
Lost luggage cover
Travel delay insurance
Travel insurance upgrade
Requirements to qualify
Minimum credit history
Good
Minimum age
18
Minimum income
£0.00
Must be employed
Yes
Repayment
Interest charged from
Debit
Interest-free period
51 days
Interest-free period on cash advances
None
Time to make payment after statement date
51 days
Minimum payment
2.5% of balance or £5
Payment by direct debit
Available
Rewards
Not available
Better deals on balance transfers
Better deals on purchases
