GBWise

📊 UK APR Calculator

Calculate the true cost of borrowing with FCA-regulated APR calculations for credit cards and personal loans. Includes Representative APR, fees, and early settlement rebates.

FCA Compliant • Accurate Calculations • Early Settlement Rules

Important: Representative APR is the rate at or below which at least 51% of successful applicants are offered. Your personal APR may vary based on your credit history and circumstances [citation:1].

Select Product Type:

Borrowing Details

£
%
Typical UK credit card APR range: 20-35% [citation:4]
Annual Fee
£
Annual fees significantly impact APR [citation:8]
£
12 months 1 - 60 months

Your APR Calculation

Annual Percentage Rate The total cost of borrowing including fees [citation:1]
21.9%
Representative APR based on £1,200 credit limit
Representative APR Information
At least 51% of applicants receive
21.9% APR or lower
Based on credit limit
£1,200

Your personal APR depends on your credit score and circumstances [citation:5]

Monthly Repayment
£46.17
Total Interest Paid
£54.04
Total Fees
£0.00
Total Repayable
£1,254.04

First 6 Months Breakdown

MonthPaymentInterestPrincipalBalance
4.3% Interest

Early Settlement Calculator (Regulation 4 of The Consumer Credit Regulations) [citation:3]

£
%
Early Settlement Figure
£1,023.45
You save
£46.55 in interest

Based on FCA-regulated rebate calculation [citation:3]

FCA Regulatory Compliance

Representative APR

At least 51% of accepted applicants must receive this rate or lower. Based on assumed credit limit of £1,200 [citation:1][citation:8]

Personal APR

Your actual rate depends on credit score, income, and borrowing history. Always check your eligibility first [citation:2]

Early Settlement Rights

You have the right to settle early and receive a rebate under The Consumer Credit (Early Settlement) Regulations 2004 [citation:3]

Interest-Free Period

Credit cards offer up to 56 days interest-free if you pay in full. APR only applies when you carry a balance [citation:4]