You're guaranteed to be accepted for the Bank of Scotland Platinum Purchase Card

Benefits & features

Are you looking for 0% on purchases as well as on your balance transfer? Then apply for the Bank of Scotland Platinum Purchase Card today and you are guaranteed to be accepted.*

  • 0% for the first 13 months on purchases
  • 0% for the first 13 months on balances transferred in the first 90 days (3% fee)
  • Manage your card using Internet and Mobile Banking services.
Representative example:
A purchase rate of
17.95% p.a.
With a representative
17.9% APR
With an example credit limit of**
**Credit limits will vary based on your individual circumstances.

To keep promotional rates you must pay at least the minimum payment by the due date and stay within your credit limit. Balance transfers can be made from most credit and some store cards, excluding other Bank of Scotland products.

This credit card is not available on the high street but applying online only takes a few minutes.

Summary box

It’s always good to know the exact details so here is a clear summary of all the key credit card features. The information contained in this table summarises key product features and is not intended to replace any terms and conditions.

SUMMARY BOX - Bank of Scotland Platinum Purchase Card

Representative 17.9% APR (variable)

  Introductory rate Monthly rate Annual rate
Purchases 0% p.a. for Purchases. This rate is fixed for 13  months from when we open your account. 1.385% 17.95%
Cash Withdrawals not applicable 1.385% 17.95%
Balance Transfers 0% p.a. on Balance Transfers you make in the first 90 days after we open your account. This rate is fixed for 13 months from when we open your account. 1.385% 17.95%
We may apply the standard interest rate during any special promotion period to any transaction if in any month you do not make at least your minimum payment by the minimum payment date or if you exceed your credit limit at any time.
  • Maximum 56 days for purchases if you pay the full balance shown on your previous and current statement on time.
  • No interest-free period on balance transfers or cash withdrawals.
You will not pay interest on new purchases if you pay the full balance shown on your previous and current statement on time. Otherwise, the period over which interest is charged is as follows:
  From Until
Purchases date debited to your account paid in full
Cash Withdrawals date debited to your account paid in full
Balance Transfers date debited to your account paid in full
Allocation of payments   If you don't pay your balance in full we will allocate payments to balances with the highest interest rate before balances with lower interest rates. See section 6.1 of the terms and conditions for full details
Minimum repayment An amount equal to the total of interest, default charges and 1% of the balance shown in your statement (minimum £5, or the full balance if less than £5).
Credit limit Minimum credit limit £500. Your cash limit is 50% of your actual limit.
Maximum credit limit Subject to status.
Fees No annual fee.
Charges Cash withdrawals 3% or minimum £3.
Balance Transfers 3% for each individual Balance Transfer.
Copy statements £6 for copies of non-current statements.
Copies of transactions £5 for each copy of a record of a transaction.
Foreign Usage Payment scheme exhange rate Indicative rates can be found at
One or more of the following may apply:

Non-Sterling Transaction fee

2.95% of the amount of the sterling transaction value.

Cash fee

3% minimum £3
Default charges Late Payment charge £12
Returned Payment charge £12
Overlimit charge £12
These details are correct on 31/12/2012

Cost of Borrowing

Credit cards are designed to be a flexible form of borrowing. Paying the minimum amount every so often can help you manage your money more effectively, although we would not recommend that you make minimum payments for a long period of time once your promotional offers have ended. Once your account is open, you can set up a Direct Debit for any fixed amount over the minimum payment by calling 08457 29 39 49. Lines are open 24 hours a day, 7 days a week.

For longer term borrowing it may be more appropriate to choose a loan from us. If you would like to find out more about this you can call Bank of Scotland Personal Loans on 0845 600 4611, or visit or call into a Bank of Scotland branch, where our staff will be happy to help.

The following example highlights the difference between only paying the minimum and paying a fixed amount:

Illustrative exampleFor a purchase of £1,000 on your credit card…
Monthly Payment Minimum Payment each month £50 each month
Taking into account any introductory rates, how much interest will you be charged in the first year £0 £0
How much interest will you be charged in the second year? £126.78 £23.57
How long would it take to clear the balance? 18 years, 1 month 1 year, 10 months

The above example assumes the following: The transaction takes place on 1st January and you make no further transactions. You always make the payment each month on the 15th. Your statement is produced on the 1st of each month.

Bank of Scotland is a responsible lender and we only want you to borrow what you can afford and in a way that is best for you. If you’d like to talk to us about the choices you’ve made or would like advice, we will be happy to refer you to a member of staff who will be able to help you. They will also be able to help you if you’re experiencing financial difficulties.

Further information

Why choose Bank of Scotland?

There are many benefits to having a Bank of Scotland credit card:

  • Transfers and payments made via Faster Payments
  • You're covered against online fraud on the Internet
  • Card replacement service if you lose it
  • No annual fees to pay
  • No interest on purchases if you pay your balance in full by each payment date
  • Accepted in 31 million locations (just look out for the MasterCard logo)
  • Additional cards and card holders available
  • Around the clock service.

Your APR explained

You'll get 0% for the first 13 months on balances transferred in the first 90 days (a fee of 3% applies for each balance transfer). You will also get 0% for the first 13 months on purchases. Your personal APR for purchases will be 17.9% APR (variable). The interest rate for balance transfers will be the same as for purchases.

Representative Example:
The purchase rate is 17.95% pa (variable) with a representative 17.9% APR (variable). With an example credit limit of £1,200.

Credit cards explained

A credit card can be a convenient way to buy everyday items like shopping and petrol, and those one-off purchases like a holiday or a new TV. It can also be useful for those unexpected expenses like a boiler breakdown or car repairs. As part of our commitment to helping you make an informed decision, here are some things to consider when applying for a credit card.

What features and benefits can I expect?

A Bank of Scotland credit card is a flexible and convenient way of borrowing money in the short term. It's a safe and versatile way to pay for goods and services and offers protection against fraud. It will allow you to transfer higher rate credit and store cards to the card with the 0% promotional rate during the promotional period with a 3% fee for the service. Your card limit is based on your income and borrowing commitments. We'll tell you your limit after your application is accepted. You can reduce this if you like. After six months, if you would like to increase your limit, we'll be happy to review the amount of credit we can offer.

What commitment do I need to make?

Your biggest commitment is to pay at least the minimum payment on time as shown on your statement. You should think about what you'll do if the unexpected happens too. Please always read the terms and conditions to help you understand how your credit card works.

Are there any risks?

Even if your card offers an interest-free period on purchases, if you don't pay your bill in full each month you will be charged interest on your purchases. If you only pay the minimum each month, you'll pay more interest and take longer to pay off any money you borrowed. Interest charges will apply on any balance transfers (outside of the promotional terms), credit card cheques or cash withdrawals made on your credit card even when you pay your balance in full. If you miss or make a late payment, you'll be charged a fee.

What else should I think about before I commit?

Remember that a credit card isn't a debit card and if you use it to withdraw cash you'll be charged interest and a fee. Also if you withdraw cash overseas, you'll also incur an additional fee. Don't forget, you can close your credit card account at any time - our products have no tie-ins. However, you must clear any outstanding balance first. When you apply for a credit card, we'll usually check your credit history with a credit reference agency. If you apply for lots of credit, this could have a negative impact on your credit rating. Credit cards have many advantages but they may not be for you. If you don't have the money to pay for what you're buying and need extra funds, you might pay a lower rate of interest with an arranged overdraft or personal loan.

*Please note that the pre-approved offer is only available to selected customers who have received a personal invite. It is only available for a limited period and it will be removed from your online offers when it has expired. If you have accessed this offer or received this page through any other means then your application will be declined.

The Bank of Scotland Credit Cards are issued by Bank of Scotland plc, Registered in Scotland No.SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628. We subscribe to The Lending Code; copies of the Code can be obtained from


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