Credit Card Fees
Fees are charged to your credit card as either a percentage of a transaction or as a default charge of £12. Here are the most common types of fee you’ll see on Bank of Scotland cards
- Balance transfer fee
This is the fee you’ll be charged when you move the balance from one credit or store card to another credit card. Find out more about balance transfers.
- Money transfer fee
This is the fee you’ll be charged when you move money from your credit card to any of your UK current accounts. Find out more about money transfers.
- Card processing fee
Some companies charge a fee for using your card for gambling transactions, buying postal orders or entering competitions.
- Using your card abroad
You may be charged additional fees and interest for making non-sterling transactions or buying non-sterling currency. Find out more about using your card outside of the UK.
Cash transaction fee
When using your credit card or card number, a cash transaction fee may apply for:
- Using your available credit to obtain cash (e.g. at an ATM or at an over the counter service).
- Gambling transactions, using your card to make transactions at casinos, betting outlets and bookmakers, and buying online lottery tickets or gaming chips, share trading or spread betting.
- Buying foreign currency.
- Sending money orders or wire transfers (other than balance transfers or money transfers).
- Buying coins, banknotes or digital currency.
- Paying government or court fines, enforcement penalties, fees or costs.
- Online trading such as share dealing or investments.
- Purchasing or topping up electronic money, payment cards, mobile wallets or account dashboard services.
- Late payment fee
You may be charged if you do not make your minimum payment by the due date on your statement.
Have you had a default charge?
If you’ve missed a payment or gone over your credit limit, there are steps you can take to get back in control.
Read our top tips for managing your credit card
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