In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Fees

The Ulster Bank Credit Card review

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The Ulster Bank Credit Card Mastercard
4.5
β˜…β˜…β˜…β˜…β˜…
Finder score
Representative example:
When you spend Β£1,200 at a purchase rate of 12.9% (variable) p.a., your representative rate is 12.9% APR (variable).
Balance transfer fee
0%
Foreign transaction charge
0%
Account fee
Β£0

Our verdict

Keep your interest rate low and avoid fees when you use your card on holiday.

A very respectable option for people who don't really want to have to think about their credit card, this deal is all about versatility and value over the long run.

You won't find any headline-grabbing introductory 0% deals here, which is great if you don't want the hassle of having to remember to switch cards after an introductory offer expires. Instead, this card comes with ongoing low rates on both purchases and balance transfers. However, they're not fixed, so if the Bank of England base rate changes, or if Ulster Bank simply decides to restructure its credit cards, your rate could change. If you clear your balance in full each month, you'll also benefit from up to 56 days of 0% interest on your purchases (this doesn't apply to cash advances).

If you're transferring a balance or anticipating a large upcoming expenditure (or both), there are undoubtedly cheaper deals out there, at least in the short term. Similarly, there are more rewarding options available for those who spend on their credit card frequently but don't carry a balance from month to month. This card might appeal most to existing Ulster Bank customers seeking simplicity and flexibility, who anticipate using their card abroad.

Pros

  • A low ongoing interest rate (variable)
  • No annual fee

Cons

  • Minimum annual income requirement of Β£10,000
  • Applicants with low credit scores are unlikely to be eligible

In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Fees

If you don't plan to carry a balance from month to month, the imaginatively named Ulster Bank Credit Card is a handy option to carry both at home and abroad, with low rates, no annual fee and no fees for foreign transactions (currencies will be converted at Mastercard's standard rates).

Details

Product details

Issuer Ulster Bank
Network Mastercard
Annual/monthly fees Β£0
Balance transfers 12.9%
Balance transfer fee 0%
Purchases 12.9%
Purchases interest-free period Up to 56 days
Money transfers 26.9%
Cash advances 26.9%
Maximum credit limit Subject to status
Additional cards available 3
Incentive
Potential costs 4.5 β˜…β˜…β˜…β˜…β˜…
Doing its job 5.0 β˜…β˜…β˜…β˜…β˜…
Extras 1.5 β˜…β˜…β˜…β˜…β˜…
Overall Finder score 4.5 β˜…β˜…β˜…β˜…β˜…

Eligibility

Minimum Age 18
Residency UK residents
Availability Available to new customers

Fees

Annual/monthly fees Β£0
Balance transfer fee 0%
Money transfer fee 0%
Foreign usage charge (EU) 0%
Foreign usage charge (rest of world) 0%
Cash advance fee 3% (min. Β£3)
Late payment fee Β£12
Duplicate statement fee Β£0
Exceeding limit fee Β£12
Additional card fee Β£0
Dormancy fee Β£0

The Ulster Bank Credit Card is issued on the Mastercard network so it's accepted at more than 50 million merchant locations across more than 210 countries and territories.

How does it compare?

Ulster Bank's card

1 - 1 of 1
Name Product Finder score Purchases Balance transfers Annual/monthly fees Representative APR Incentive Link
The Ulster Bank Credit Card Mastercard
4.5
β˜…β˜…β˜…β˜…β˜…
12.9%
12.9%
(0% fee)
Β£0
12.9% APR (variable)
Representative example: When you spend Β£1,200 at a purchase rate of 12.9% (variable) p.a., your representative rate is 12.9% APR (variable).
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Other popular low rate deals

Table: sorted by representative APR, promoted deals first
Name Product Finder score Purchases Balance transfers Annual/monthly fees Representative APR Incentive Link
The Royal Bank Credit Card
4.5
β˜…β˜…β˜…β˜…β˜…
12.9%
12.9%
(0% fee)
Β£0
12.9% APR (variable)
Representative example: When you spend Β£1,200 at a purchase rate of 12.9% (variable) p.a., your representative rate is 12.9% APR (variable).
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NatWest Credit Card
4.5
β˜…β˜…β˜…β˜…β˜…
12.9%
12.9%
(0% fee)
Β£0
12.9% APR (variable)
Representative example: When you spend Β£1,200 at a purchase rate of 12.9% (variable) p.a., your representative rate is 12.9% APR (variable).
Go to site
The Co-operative Bank 3 Year Fixed Rate Credit Card
3.5
β˜…β˜…β˜…β˜…β˜…
8.9%
8.9%
(0% fee)
Β£0
8.9% APR (variable)
Representative example: When you spend Β£1,200 at a purchase rate of 8.9% (variable) p.a., your representative rate is 8.9% APR (variable).
Tesco Bank Low APR Clubcard Credit Card
5.0
β˜…β˜…β˜…β˜…β˜…
10.941%
11.457%
(3.99% fee)
Β£0
10.9% APR (variable)
5 points per Β£4 spent (Β£4 minimum) in Tesco and 1 point per Β£8 spent (Β£8 minimum) outside Tesco. Must have available credit to earn points. Points are converted to Tesco vouchers or can be exchanged for Partner rewards to receive money off a variety of restaurants, entertainment or Avios points.
Representative example: When you spend Β£1,200 at a purchase rate of 10.941% (variable) p.a., your representative rate is 10.9% APR (variable).
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Approval for any credit card depends on your status. The representative APRs shown represent 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. Most of the data in Finder's comparison tables is provided by Moneyfacts.

Repayment options

You can make manual repayments through Ulster Bank's app by logging in to your online banking or over the phone (0800 046 6486). Alternatively, you may wish to set up a direct debit.

A direct debit protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee (Β£12) 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

If you've compared cards and want to apply, completing the secure online application form takes about 10 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you'll need to make the process as straightforward as possible.

Frequently asked questions

How long does it take to receive the card?

You'll know whether or not your application has been approved within 5 minutes of submission. As long as it's approved, Ulster Bank states your shiny new card will be with you in 5-7 working days.

Do I need to be an existing Ulster Bank customer?

No, and if you have card debt elsewhere, you may decide to apply for a balance transfer.

Will I pay fees on cash withdrawals overseas?

Yes. While Ulster Bank doesn't charge a fee for non-sterling transactions using this card, withdrawing cash abroad will incur a fee, (and the ATM owner may add its own fee on top too). Find out more about using a credit card overseas.

How do I change my credit card limit?

You can do this through internet banking by selecting "Cards" from the main menu. In the "Manage your personal credit card" section select "Manage your credit card limit". Add your annual income, requested credit limit and the last 5 digits of your card. Finally, select "submit". Alternatively, you can call a customer advisor (0800 046 6486).

Finder credit card scores

β˜…β˜…β˜…β˜…β˜… β€” Excellent
β˜…β˜…β˜…β˜…β˜… β€” Good
β˜…β˜…β˜…β˜…β˜… β€” Average
β˜…β˜…β˜…β˜…β˜… β€” Subpar
β˜…β˜…β˜…β˜…β˜… β€” Poor

Our experts score low rate credit cards to determine their value against similar products on the market. We look at a number of important factors, like exactly how low the low rate is, any perks/benefits, plus the potential costs involved with running the card both in the short and longer term.

You can read more about our scoring criteria on our credit card methodology page.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
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