Our 3-year fixed rate credit card

Offering a fixed-rate, you can manage your monthly repayments with 8.9% interest per annum for the first 3 years.

Representative example

18.2% APR representative (variable). Based on assumed credit limit of £1200 and a purchase rate of 18.2% per annum (variable).

Help me understand credit card terminology

Interest rates

3-year fixed rate credit card
  • 8.9% interest per annum fixed for three years on purchases and balance transfers

  • 18.2% interest per annum after three years on purchases and balance transfers

  • 27.9% interest per annum on cash withdrawals.

Features of our fixed rate credit card

Credit and balance transfer limits

  • We'll run a credit check and assessment of your personal circumstances and let you know what your credit limit would be
  • The minimum credit limit you can apply for is £500
  • The maximum credit limit you can have depends on how much we think you can reasonably afford to pay back
  • The balance transfer limit is 95% of your agreed credit limit, and you must transfer at least £100 to this card
  • You can’t transfer a balance from another Co-operative Bank or smile credit card
  • Whatever credit amount you request will not affect your credit score or our decision.


There’s no annual fee for using this card. However, there are fees for:

  • Withdrawing cash – 3% of the cash withdrawn (minimum £3)
  • Ordering a copy statement – £2.50 per statement (capped at £10 per request)
  • Late or missed payments – £10 per payment missed
  • Going over your credit limit – £10 when you go over your credit limit, then £10 each month until your account is brought back within the agreed limit
  • Uncleared Direct Debit or cheque payment – £10 each time.

Travelling abroad

Currency conversion

2.75% of the transaction amount is charged when you use your credit card to make a purchase in a foreign currency or make a cash withdrawal in a foreign currency outside the UK.

Transactions are also converted into sterling using the Visa Scheme Exchange Rate.

Withdrawing cash abroad

3% of the cash you withdraw (minimum £3) is charged, on top of the 2.75% currency conversion transaction fee above.

More about travel charges

Ready to apply?

Great - it takes about 10 minutes if you've got all your details ready.

You can save your application as you go and come back to it at any time.

  • You must:

  • Be 18 or over
  • Be a UK resident
  • Earn a minimum of £10,000 per year
  • Be employed full time, part time, self-employed or retired.
  • You must not:

  • Have had any Defaults or County Court Judgements (CCJs) in the past six years
  • Have entered into any Individual Voluntary Arrangements (IVAs) or Trust Deeds in the past six years
  • Have been declared bankrupt in the past six years
  • Be in arrears or have missed more than two payments on a credit agreement in the past six months.
  • To complete the application you'll need:

  • Your monthly income and outgoings
  • Any previous addresses from the last three years
  • The account number and sort code for your main bank account.

Things to consider:

Before you apply for a credit card, consider how much you will be able to repay every month. If you only make the minimum or low repayments on your credit card, you could fall into the cycle of persistent debt.

What is persistent debt? Learn more

Approval is subject to status and based on a credit check and an assessment of your personal circumstances.

Additional cardholders

If you wish to add an additional cardholder for this credit card, please ensure you have their consent to share their information before filling-out this application form.

Additional (secondary) cardholders must be 18 or over and a UK resident.


You should read the important documents carefully and save copies of them for future reference.

These documents set out the terms on which we will rely in providing the services to you. They also explain how your personal information will be used and your rights in relation to that use.

If you do not understand any point you should ask us for further information before proceeding.

Apply in branch

If you’d rather not apply online, you also have the option to apply in one of our branches.

Find your nearest branch

Important documents

Understanding credit cards

Learn how we calculate interest and understand what terms like ‘APR’ mean with our credit card terminology break-down.

You pay interest for borrowing money on a credit card. We work out interest daily and add it to your account on the next statement date. You can see how much interest you’ve been charged by checking your monthly statements or online banking.

APR (Annual Percentage Rate) is an illustration of the cost of borrowing over a year taking into account the interest rate and any additional fees. You can use the APR to compare the cost of similar products.

When we use the terms ‘low interest’ or ‘low APR’ this is comparative to what some other banks or lending providers may offer.

The representative examples can enable you to compare the costs across different products and providers.

When a rate is advertised as variable, it means that it could go up or down.

Fixed means your interest rate won’t change for a set period of time. You should always check to see how long your fixed rate lasts.

Per annum is a quicker way of saying ‘for each year’. It’s usually used to explain how interest is calculated and charged.

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