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NatWest Balance Shrinker Gold Credit Card

This card is no longer offered

The NatWest Balance Shrinker Gold Credit Card is promoted by NatWest, provided by MasterCard and has a representative APR of %. Compare all NatWest Credit Cards or apply for the NatWest Balance Shrinker Gold Credit Card now.

Card Details

Card Issuer Credit card issuer	Natwest
Merchant Network The Card network the card belongs to	MasterCard
Card Type Type of credit card	Gold
Card Limit Maximum upper balance limit for card spending	The maximum credit limit available is £20000. Credit limit is assigned according to status.

Acceptance Criteria

Min Age Minimum age for applicants	18 Years
Min Income Minimum income required for applicants	A minimum income of £10000 is required on this product.
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	8.9%
Duration of Intro Balance Transfer Rate Duration of balance transfer rate for introductory period	Unlimited
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	0%
Intro Min Balance Transfer Fee Minimum fee for transferring a balance during the introductory period	£0
Intro Max Balance Transfer Fee Maximum fee for transferring a balance during the introductory period	£0
Intro Balance Transfer Window Days The number of days from when the introductory balance window begins that you have to transfer your balance.	Balance transfers made within na days will receive the introductory offer associated with this card.
Intro Balance Transfer Window Months The number of months from when the introductory balance window begins that you have to transfer your balance.	Balance transfers made within 3 months will receive the introductory offer associated with this card.
Intro Balance Transfer Offer Begins The point at which the introductory balance transfer period begins.	When account opened.

Introductory Purchase Rate Details

Intro Purchase Rate Annual equivalent rate on card purchases during the introductory period	8.9%
Duration of Intro Purchase Rate Duration period for introductory purchase rate	9 Months

Standard Rates

APR Representative (Variable) Annual Percentage Rate Typical (Variable) - this figure considers both the annual interest charged on purchases and any annual fees	N/A
Purchase Rate Annual equivalent rate for purchases	16.9%
Balance Transfer Rate Rate charged on card palance as an annual equivalent percentage after any introductory period ends	16.9%
Cash Advance Rate Rate charged on cash advances as an annual equivalent percentage	27.9%

Benefits

Cash-Back Reward Cash-back reward for spending	Not applicable.
Air Miles Airmiles travel reward scheme available	Air miles are not offered.
Shopping Reward Program Shopping reward scheme available	Shopping rewards programme not available.
Points Scheme Points reward scheme available	No points scheme available.
Other Incentives Additional card incentives available	Access to Natwest Travel Service and Natwest Wine Club.
Charity Affiliation Affiliations to any charities for card spending	This is not a Charity Affiliation account.

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	Up to 56 days interest free period.
Min Payment Minimum monthly payment required as a percentage of that month's total bill	2.25%
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	A handling fee of 3.00% will be charged on the amount of any cash advance subject to a minimum of £3.00 per transaction.3.00%
International Charges Charges for overseas transactions on card as a percentage of transaction	In respect of all foreign currency transactions there is an administration levy equivalent to 2.75% of the transaction value.
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 Purchases Cash Advances Balance transfers

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