The Co-operative Bank 3 Year Fixed Rate
Representative APR
8.9% APR representative fixed for 3 years then 18.2% APR (variable)
Purchases
8.90% (variable) p.a. for 3 years.
Balance Transfers
8.90% (variable) p.a. for 3 years (0% fee)
Account Fees
£0
Representative Example:
At an assumed credit limit of £1,200, with a purchase rate of 18.20% (variable) p.a., most accepted customers get a rate of 18.2% APR (variable).
Editor’s Note: While we always aim to give you accurate product information at the point of publication, rates, prices, terms and promotions can always be changed by the provider afterwards and without notice, so be sure to double check first.
Our Verdict
The Co-operative Bank 3 Year Fixed Rate credit card offers a fixed interest rate of 8.9% APR on monthly repayments for the first three years, making it one of the lowest interest rate cards currently available. After the initial period, the APR increases to 18.2%. This card also features no fees on balance transfers, making it a suitable choice for individuals seeking both low interest rates and balance transfer options.
Important: The information contained in this table summarises key product features and is not intended to replace any terms and conditions from the card issuer.
Product Features & Benefits
Issuer | The Co-operative Bank |
---|---|
Network | Visa |
Primary Category | Purchases |
Loyalty Scheme | |
Incentive on opening | 8.9% APR representative fixed for 3 years |
Cashback/Rewards (if applicable) | No cashback scheme |
Account Fee | £0 |
Purchases | 8.90% (variable) p.a. for 3 years. |
Purchases Interest Free Period | 56 days |
Balance Transfers | 8.90% (variable) p.a. for 3 years (0% fee) |
Balance Transfer Fee | 0.00% |
Cash Advances | 27.90% (variable) p.a. (fees apply) |
Minimum Credit Limit | £ 500.00 |
Maximum Credit Limit | Subject To Status |
Fees & Charges
Account Fee | £0 |
---|---|
Late Payment | £ 10 |
Returned Payment | £ 10 |
Exceed Limit | £ 10 |
Duplicate Statement | £ 2.5 |
Replacement Card | £ 0 |
Trace Fee | £ 0 |
Cash Withdrawal Fee | 3% |
Cash Withdrawal Minimum Charge | £ 3 |
Foreign Usage EU | 2.75% |
Foreign Usage World | 2.75% |
Application Requirements
Availability | Available new customers. Must not have any defaults or County Court Judgements (CCJs), entered into any Individual Voluntary Arrangements (IVAs) or Trust Deeds or declared bankruptcy in the past six years. |
---|---|
Minimum Income | £ 10,000 |
Minimum Age | 18 |
Residency | Permanent resident in the UK. |

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34.4% Representative APR (variable)
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