This page summarises our main Coast Card features. It does not replace any legal conditions and we ask you to read the full Terms and Conditions for more information.

APR

Typical 28.9% APR variable

Interest Free Period Purchases - up to 56 days on purchases if your balance is paid off by the 'payment to reach us date'. We will charge interest from the date of the purchase until the date that the outstanding balance is repaid in full.

Promotional period - six months on all purchases of £199 or more. If the full balance is not cleared within any applicable promotional period, interest is charged on the outstanding balance at the annual rate shown.

Interest is charged on the outstanding balance at the annual rate shown.

Interest is not backdated, it is only charged from the day after the expiry date of any Promotional Period.

Allocation of Payments

Any payment that you make which is insufficient to repay the full balance on your account will be applied to cover any insurance premium due as a priority and then will be allocated to pay any interest free balances and then to interest bearing balances in the order of the lowest interest rate first.  When payments are allocated to each different balance they will be applied in the following order, default fees and charges, interest and then purchases.

Minimum Payment

Every month you must pay at least the minimum amount set out on your statement. This will be either 3.65% of the total amount charged to your Coast card, or £3.65, whichever is greater.

Minimum Amount of Credit

£100

Annual Fee

None

Duplicate of Statement

£2.50 per statement

Default Charges

£12 for late payments, cheques returned 'refer to drawer', unpaid direct debits and for exceeding your agreed credit limit.

Coast Card Offers

For customers using a Coast Card promotional discount code, please note this discount is only applicable when purchasing on your Coast Card.

The Coast Card is a trading name of IKANO Financial Services Ltd, PO Box 5758, Nottingham, NG7 5YH.