What is the difference between Representative APR and standard/cash rate per year?

Representative APR (or annual percentage rate) is the rate that’s often shown in advertising for credit cards so you can easily compare them before you apply. It’s a standard compound rate, which means it takes into account interest you’ll pay on top of interest, and any annual fees the card has. Although the actual rate you receive depends on your application, the Representative APR can give you an idea of the rate most customers will receive.

We’ll tell you the APR when you first enter into the agreement with us. This legal information is provided based on assumptions we make at that time and isn’t relevant to you afterwards.

Standard and cash interest rates are what we call your interest rates once you’ve opened a Barclaycard account. These move (up or down) in line with the Bank of England Base Rate, and we use simple standard and cash rates to work out how much interest you’ll be charged each month.

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