A cashback card for existing Smile or Co-operative Bank customers.
The Smile Classic Credit Card offers cashback on all spending with no annual fee. It’s not the biggest cashback percentage in the market, but the card also boasts a competitive APR – and if you’re approved, that’s the rate you’ll get (banks are only obliged to award the advertised APR to 51% of customers).
Provided you clear your balance in full each month you’ll additionally be able to take advantage of up to 56 days of 0% interest on your purchases.
|Issuer||The Co-operative Bank|
|Rep. APR||16.9% p.a. (variable)|
|Cashback details||0.25% after £1 of monthly spend. Cashback paid Monthly into Card Account.|
|Additional Rewards Info||Co-operative members can earn 100 membership points a year.|
|Purchases interest-free period (days)||56|
|Balance transfer fee||0%|
|Foreign usage charge (EU)||2.75%|
|Foreign usage charge (rest of world)||2.75%|
|Cash advance fee||3% (min. £3)|
|Late payment fee||£10|
|Exceeding limit fee||£10|
|Additional card fee||£0|
|Availability||Available to existing customers|
How does this card compare with other cashback cards?
When it comes to repayments, you can make manual repayments online or over the phone (0345 600 6000), or alternatively 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 smile Classic Credit Card Visa
If you’ve compared cards and want to apply, completing the secure online application form takes about 15 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.