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

Features of our fixed rate credit card:

Black credit card
  • 8.9% interest per annum fixed for 3 years on purchases and balance transfers

  • After three years this becomes 18.2% interest per annum

  • 27.9% interest charge per annum on cash withdrawals

  • No annual fee

  • No balance transfer fee

  • You can use Apple Pay, Google Pay and Samsung Pay for making purchases.


interest per annum fixed for 3 years on purchases and balance transfers

after three years this becomes


interest per annum


balance transfer fee


annual fee

Credit and balance transfer limits

  • The minimum credit limit you can apply for is £500
  • We'll carry out a credit check and assessment of your personal circumstances and let you know what your credit limit would be
  • 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 is no annual fee for using this card. However, there are other fees, depending on how you use the card:

  • Withdrawing cash - 3% of the cash withdrawn (minimum £3)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 payment - £10 per payment missed
  • Going over your credit limit - £10 when you go over your credit limit, and charged 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 charge

Applied when you make a purchase using your credit card in a foreign currency, or if you make a cash withdrawal in a foreign currency outside the UK using your credit card.

2.75% of the transaction

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

Withdrawing cash abroad

3% of the cash you withdraw (minimum £3), on top of the 2.75% 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 any Defaults, County Court Judgements (CCJs) or entered into any Individual Voluntary Arrangements (IVAs) or Trust Deeds in the past 6 years
  • Have been declared bankrupt in the past 6 years
  • Be in arrears or have missed more than 2 payments on a credit agreement in the past 6 months.

What you'll need to complete the application: 

  • Your monthly income and outgoings
  • Any previous addresses from the last 3 years
  • The account number and sort code for your main bank account.

Things to consider:

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.

phone and card reader


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.

Understanding credit cards

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

APR and interest

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.

Representative examples

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

Variable and fixed rates

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.

Not found what you're looking for?

Contact our support team