Summary Box

Below is a summary of the key features of the Care+ card.  The Care+ card is provided by GE Money, a trading name of GE Capital Bank Limited.  The summary below is provided for your convenience and does not form part of any agreement with GE Money.  It is not a substitute for the terms and conditions, which are set out on the reverse of the application form in full, so please ensure that you read these before completing and signing for a Care+ Edge account.

APR 19.9% APR Typical
Other interest rates Introductory
Rate 		Monthly Rate Simple Annual Rate
Standard Retail Purchases N/a 1.527% 18.321%
Cash Withdrawals N/A 2.104% 25.249%

Interest-free period

Up to 56 days for purchases if you pay your balance in full and on time. For Buy Now Pay Later transactions no interest will be charged during the introductory period.  There is no interest free period on cash withdrawals.

Interest charging information

The periods over which interest is charged are as follows:

From Until

Purchases (unless during
the introductory period)

Transaction date Repaid in full*
Cash withdrawals Transaction date Repaid in full*
Balance transfers Date debited to your account Repaid in full*

*No interest will be charged if you pay the account payable balance in full by the payment due date

Allocation of payments

We will apply payments we receive to your account in the following order:
  1. Insurance Premiums
  2. Accrued interest charges 
  3. Any charges or fees
  4. Special Transactions
  5. Buy Now Pay Later transactions about to complete their promotional period (in the order that they will come out of their Promotional Periods)
  6. Transactions other than Buy Now Pay Later transactions still in their  promotional period
  7. Buy Now Pay Later transactions which are still in their promotional period (in the order that they will come out of their Promotional Periods)
See section 8.3 of customer terms and conditions for full details.

Minimum repayment

The greater of £4 or 4% of the outstanding balance each month.

Only ever making the minimum repayment will significantly increase the time taken to clear your balance and cost you more.

Amount of credit

Minimum credit limit of £25, maximum credit limit subject to status.

Fees

No annual fee

Charges

Cash withdrawals - 2% with a minimum of £2.50

Default charges

Late Payment fee - £12
Over credit limit fee - £12
Administration fee for returned cheques or direct debits - £12
For certain Promotional Transactions, an administration fee of £10 may apply.

No Quibble Guarantee

In the unlikely event that you are not totally satisfied with your Care+ Card accoount, please call our Card helpline on 0870 125 2526 and take advantage of our No Quibble Guarantee.  If you contact us within 60 days of opening your Card Account and then pay off your outstanding balance within 30 days, we will close your Account for you and waive any interest charges and fees.  This guarantee is addition to and does not affect any statutory rights you may have.  Calls may be recorded or monitored.  We may require notification in writing.

Need more help managing your money?  Find out more at www.moneybasics.co.uk

The Care+ account is available subject to status to UK residents aged 18 years or over.  Credit is provided by GE Money, a trading name of GE Capital Bank Limited, 6 Agar Street, London, WC2N 4HR.

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