Approval for any credit card will depend on your status. The APR shown represents the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.
Argos Classic Mastercard review 2020
With uncompetitive rates and next-to-no perks, it's hard to see the appeal of the Argos Classic credit card.
Finder rating: ★★★★★
Doing its job: 3/5
In a nutshell:
0% interest on purchases
Up to 56 days
Interest-free each billing period
|Balance transfer fee||5%|
|Purchases||0% for 3 months reverting to 34.95%|
|Purchases interest-free period||Up to 56 days|
|Min credit limit||£250|
|Max credit limit||Not specified|
|Additional cards available||4|
|Residency||UK resident, lived in the UK for last 12 mths, current UK bank account, a home or mobile phone number and regular income|
|Availability||Available to new customers|
|Balance transfer fee||5%|
|Foreign usage charge (EU)||2.75%|
|Foreign usage charge (rest of world)||2.75%|
|Cash advance fee||3% (min. £3)|
|Late payment fee||£12|
|Exceeding limit fee||£12|
|Additional card fee||£0|
Tom Stelzer is a writer for Finder specialising in personal finance, including loans and credit, as well as small business and business loans. He has previously worked as a freelance writer covering entertainment, culture and football for publications like FourFourTwo and Man of Many. He has a Master of Media Arts and Production and Bachelor of Communications in Journalism from the University of Technology Sydney.
As the name suggests, the Argos Classic credit card is hardly bringing anything new to the table in terms of features.
Beyond the fairly derisory introductory interest-free offer and a temporary spend card that can let you make purchases immediately on the Argos website, there’s little to recommend it.
The purchase rate is certainly on the expensive side, and the same can be said for both balance transfers and cash advances.
While it’s relatively easy to check your eligibility, it’s hard to imagine that you wouldn’t be able to find a more competitive card somewhere else.
How does this card compare with other similar cards on the market?
Argos Classic Mastercard
When it comes to repayments, you can make manual repayments online, over the phone (0345 266 0849) or set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee or losing any promotional rates as a result. You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.
Choose from the following direct debit options for your monthly repayments:
|Minimum amount||Fixed amount||Fixed percentage||Full amount|
How to apply for the Argos Classic Mastercard
If you’ve compared cards and want to apply, completing the secure online application form takes about 15 minutes. During the application, you should expect a search to be made of your credit history, which allows the lender to make a quick decision on your application.