Balance Transfer details:
5% will be payable on all transactions made in the first 3 months (maximum £4,000 spend in total) and applied at the same time as any annual rebate.
An annual rebate on the aggregate amount of all transactions will be payable according to the following rates:
0.5% for aggregate amounts up to £3,500
1% for aggregate amounts from £3,501 to £10,000
1.5% for aggregate amounts in excess of £10,001.
For example if you spend £1,000 each month for one year:
You would earn 5% introductory cashback on the first £3,000 of your spend.
You would then earn 0.5% cashback on the next £500 spend.
You would then earn 1% cashback on the next £6,500 spend.
You would earn 1.5% cashback on your final £2,000 of spend in the year.
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