First Direct Gold Card
From First Direct
Summary
First Direct Gold Card is provided by First Direct.
The representative APR is 16.9%APR variable.
New customers will receive an introductory balance transfer rate of 0% for 15 months.
This makes First Direct Gold Card 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 16.9%APR variable.
New customers will receive an introductory balance transfer rate of 0% for 15 months.
This makes First Direct Gold Card 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 First Direct Gold Card
Balance transfer
Purchases
Fixed payment
By switching to the First Direct Gold Card, 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 12 years and 6 months to repay, costing you a total of £1,700 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 15 months 11 cards better than this
Balance transfer fee
2.9% or £5 minimum 60 cards better than this
Purchases
Not available
Ongoing rates
Typical APR
Balance transfer rate
Balance transfer fee
2.9% or £5 minimum
Balance transfer limit
Unknown
Cash advance rate
23.9%
Fees and Charges
Annual fee
£0
Cash advances
2.99% or £3 minimum 37 cards better than this
Foreign currency transactions
Late payment fee
£12
Over limit fee
£12
Returned payment fee
£5
Insurance and Protection
Payment protection
Payment protection
Travel insurance
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
56 days
Interest-free period on cash advances
None
Time to make payment after statement date
Unknown
Minimum payment
3% of balance or £5
Payment by direct debit
Available
Rewards
Not available
Better deals on balance transfers
Better deals on purchases
