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Representative APR

Cards & borrowing
The APR that at least 51% of accepted applicants are expected to receive.

Overview

Representative APR is a marketing figure, not a guaranteed rate for everyone.

Your personal rate can be higher or lower depending on your profile.

Why it matters

  • It sets expectations about typical pricing.
  • It can be higher than your actual rate.
  • Comparing representative APRs can still be useful.

FAQs

Will I always get the representative APR?

No. Your personal rate depends on your credit profile and affordability.

Is representative APR required in the UK?

Many credit products must display a representative APR under UK rules.

Related terms

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