The Partnership Card offers you 0% interest on purchases for the first 9 months
Terms and Conditions
INTEREST-FREE FOR YOUR FIRST 9 MONTHS
When you start using your Partnership Card, you’ll enjoy 0% interest on any purchase you make in the first nine months. This means you can buy items up front, but pay for them later at your own pace.
At the end of your 0% period, you’ll have paid no interest on the purchases you’ve made – and the credit won’t have cost you anything. At this point, the interest rate will revert to our standard variable purchase rate, which is currently 18.9% APR.
Take advantage of interest free shopping
Collect your purchases on the day but pay for them later (provided you make minimum payment)
Enjoy an easy and flexible way to manage the cost of large items
Representative 18.9% APR
Purchase rate 18.9% pa
Based on an assumed
credit limit of: £1200
Applicants must be UK residents (excluding the Channel Islands), aged 18 or over, and have a minimum income of more than £6,750 a year.
The information contained in this table summarises key product features for the Partnership Card and is not intended to replace any terms and conditions.
Representative 18.9% APR variable
0% for 9 months from the date the account is opened
0% for 18 months from the date the account is opened
Up to 56 days for purchases when you pay your balance in full every month by the due date
No interest-free period for balance transfers or cash advances
Interest charging information
You will not pay interest on purchases if you pay your balance in full and on time each month. Otherwise, the periods over which interest is charged will be as follows:
Purchases, balance transfers, cash advances and cash-related payments.
Date debited to your account
Paid in full
Allocation of payments
If the amount you pay in a month is less than the full amount you owe, we will apply the amount you pay in the following order:
a. any unpaid arrears or amounts over the credit limit;
b. the amount you owe us and shown in your statement;
c. any transactions, interest or charges not yet included in a statement.
We will apply your payment first to amounts on your account which we charge at the highest interest rate followed by amounts we charged at lower rates. In each case, interest and charges are paid off first.
If some amounts are charged at the same interest rate, we will apply your payment to the oldest amounts first.
The minimum payment will be the higher of:
A) The sum of (a) interest for the period from the last statement, (b) any default charges, and (c) 1% of the full amount you owe as shown on your monthly statement (not including interest and default charges).
B) 3% of the full amount you owe as shown on your monthly statement (including interest and charges).
If you owe less than £5, you must pay the full amount you owe.
Minimum credit limit £250, maximum credit limit subject to status.
No annual fee.
2.5% of the cash advance or cash related payment, minimum £2.50
Dependent upon the type of transaction you undertake one or more of the following charges will apply:
Non-Sterling transaction fee
2.75% of the amount of the Sterling transaction value
2.50% of of the cash advance or cash related payment, minimum £2.50
For paying late
For going over your credit limit
For payments which are returned unpaid
For enforcing repayment
Our reasonable costs
A recurring transaction, sometimes called a continuous payment authority, is a series of payments collected with your agreement from your card by a retailer or supplier (for example, insurance cover). This agreement is between you and the retailer. The Direct Debit Guarantee does not cover these transactions.
HSBC UK Bank plc is our trusted partner in providing the Partnership Card.
Applicants for the Partnership Card must be UK residents (excluding the Channel Islands), aged 18+ and have a personal income of more than £6,750 a year. Credit subject to status. Apply for a Partnership Card between 12 October 2020 and 31 January 2021 and get 2,000 bonus points if you spend a minimum of £250 on the card in John Lewis or Waitrose within 90 days. My programme members will also get double points on spend in John Lewis & Partners and Waitrose & Partners for 90 days from account opening. Points will be applied to accounts within two months of making the qualifying spend & redeemed as gift vouchers in the next voucher issuance. Full terms and conditions for the Partnership Card
John Lewis plc trading as John Lewis Finance acts as a credit broker for the purpose of introducing credit for the Partnership Card provided under exclusive arrangements with the lender John Lewis Financial Services Limited, a subsidiary of HSBC UK Bank plc.
John Lewis Finance is a trading name of John Lewis plc, registered in England with company number 233462, registered office: 171 Victoria Street, London SW1E 5NN. Authorised and regulated by the Financial Conduct Authority (Financial Services Register number 724309). John Lewis Financial Services Limited (a subsidiary of HSBC UK Bank plc) is registered in England with company number 464530, registered office: 8 Canada Square, London E14 5HQ. Authorised and regulated by the Financial Conduct Authority (Financial Services Register number 715060) including for the provision of payment services (Register number 542750). ‘Partnership Card’, ‘John Lewis Finance’ and other terms including ‘John Lewis’ are John Lewis Partnership brands and John Lewis Financial Services Limited uses them under licence from the John Lewis Partnership.