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Co-Op Think Credit Card

The Co-Op Think Credit Card is promoted by Co-operative Bank, provided by Visa and has a typical APR of 12.9%. Compare all Co-operative Bank Credit Cards or apply for the Co-Op Think Credit Card now.

Card Details

Card Issuer Credit card issuer	Co-operative Bank
Merchant Network The Card network the card belongs to	Visa
Card Limit Maximum upper balance limit for card spending	The maximum credit limit is subject to status.

Acceptance Criteria

Min Age Minimum age for applicants	21 Years
Min Income Minimum income required for applicants	N/A
Credit Rating Credit rating required for successful application of card	Prime

Introductory Balance Transfer Details

Intro Balance Transfer Rate Annual equivalent rate charged on balance transfers for the introductory period	N/A
Duration of Intro Balance Transfer Rate Duration of balance transfer rate for introductory period	N/A
Balance Transfer Limit Maximum upper limit for balance transfers to card	Subject to Status
Intro Balance Transfer Fee Fee for transferring balance as a percentage of the amount transferred during the introductory period	There is no fee
Intro Min Balance Transfer Fee Minimum fee for transferring a balance during the introductory period	There is no fee
Intro Max Balance Transfer Fee Maximum fee for transferring a balance during the introductory period	There is no fee

Introductory Purchase Rate Details

Intro Purchase Rate Annual equivalent rate on card purchases during the introductory period	N/A
Duration of Intro Purchase Rate Duration period for introductory purchase rate	N/A

Standard Rates

APR Typical (Variable) Annual Percentage Rate Typical (Variable) - this figure considers both the annual interest charged on purchases and any annual fees	12.9%
Purchase Rate Annual equivalent rate for purchases	12.9%
Balance Transfer Rate Rate charged on card palance as an annual equivalent percentage after any introductory period ends	7.0%
Cash Advance Rate Rate charged on cash advances as an annual equivalent percentage	18.0%

Benefits

Cash-Back Reward Cash-back reward for spending	Not applicable.
Air Miles Airmiles travel reward scheme available	There is no travel reward programme available.
Shopping Reward Program Shopping reward scheme available	Special purchase rate of 7.00% p.a. is applied to any purchases from the "ethical partners" of Co-operative Bank: CoolEarth Ikea Lush thetrainline Raleigh Adili.com Nigel's Eco Store ethicalsuperstore.com Energy Saving World Traidcraft EcoFirst ecotricity Ecologist Arriva Ethical Consumer Co-operative
Points Scheme Points reward scheme available	No points scheme offered.
Other Incentives Additional card incentives available	No other incentives available.
Charity Affiliation Affiliations to any charities for card spending	Once the cardholder makes their first purchase, The Co-operative Bank will purchase half an acre of Brazillian rainforest through Cool Earth in the cardholder's name. Also, ethical purchases are incentivised with a reduced purchase interest rate during the introductory period for purchases made through The Co-operative Bank's ethical partners.

Cashback Scheme Details

Introductory bonus on Cash-Back Cash-back bonus on introductory period.	Not applicable.
Max Spend that earns Cash-Back Where a cash back reward scheme is active, the maximum amout of spending permitted to earn cash back.	Not applicable.

Fees and Terms

Interest Free Period Number of days for interest free period	Interest free period of up to 59 days.
Min Payment Minimum monthly payment required as a percentage of that month's total bill	2%
Min Payment Minimum monthly payment required if any balance is outstanding	£5
Annual Fee Annual fee for card	There is no annual fee.
Balance Transfer Fee Fee for transferring balance as a percentage of the amount transferred outside of any introductory period	0%
Min Balance Transfer Fee Minimum fee for transferring balance	£0
Max Balance Transfer Fee Maximum fee for transferring balance	£0
Cash Advance Charge Charges for a cash advance as a percentage of the cash advance amount	N/A
International Charges Charges for overseas transactions on card as a percentage of transaction	The amount of any transaction in a currency other than Sterling will be converted into Sterling at the rate set by Co-operative Bank and will apply a commission charge of 2.75%.
Order of Repayments The order in which the various different types of credit are repayed when you pay over your monthly balance	If the cardholder does not pay the statement balance in full on the payment date, payments will be allocated in the following order: Fees and charges Balance Transfers Cash Advances Purchases

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