* Manage your Luma card sensibly, make payments on time and stay within your credit limit and you could improve your credit rating in time. However, failing to manage your card sensibly could harm your credit rating.
You could get a credit card even if you’re new to credit, have CCJs or other issues with your credit rating.
Access your account anywhere, anytime.
Streamline your household’s finances and keep an eye on your overall expenditure. Remember, you are liable for all transactions on your account.
Credit limits up to £1500.
No annual fee, no hidden charges.
Ensure that your account stays safe and that you have help when you need it most.
Improve your credit rating understand how to build your credit.
No matter where you are, no matter the time of day, it’s easy to keep track of your Luma account online. Managing your Luma credit card online is the easiest, most secure way to keep track of your finances. Once you register online as a Luma credit cardholder, you can:
Watch our TV ad for the Luma Card - the card that’s already accepted thousands of people around the UK
The information contained in this table summarises key product features and is not intended to replace any terms and conditions.
|Interest Free Period|
Subject to any interest free period that may apply.
|Interest Charging Information|
No interest is payable on purchases if you pay in full the outstanding balance on your first statement by its payment due date. No interest is payable on purchases on subsequent statements if the outstanding balances on your current statement and the previous statement are paid in full by their respective payment due dates.
Otherwise the period over which interest is charged is as follows:
|Allocation of Payments|
Unless you pay the outstanding balance in full, we will allocate your payments to balances which attract the highest interest rate first.
We will always allocate your payments to any amounts which have already appeared on a statement before allocating your payments to any amounts subsequently applied to your account.
For further details, please refer to your credit card terms and conditions.
The monthly credit card payment is:
- the full outstanding balance if it is less than £5, but otherwise the greater of:
|Minimum Credit Limit||£200|
|Maximum Credit Limit||£1,500|
|No annual fee|
|Balance Transfer Handling Fee||3.0%|
|Cash Fee (includes gambling transactions)||3.0% (minimum £3)|
|Copy Statement Charge||£3 (maximum £10 per request)|
|Payment Scheme Exchange Rate||Rates can be found at:|
|One or More of the Following May Apply:|
|Non-sterling Transaction Fee||2.75%|
|Cash Fee||3.0% (minimum £3)|
|Late and Failure to Pay Default Sum||£12|
|Returned Payment Default Sum||£12|
|Overlimit Default Sum||£12|
|Returned Credit Card Cheque Default Sum||£12.00|
|*The simple interest rate is 31.10% for balance transfers, 31.10% for purchases and 31.10% for cash withdrawals from the date of this agreement.|