Follow

What is the KM Card and how do I apply?

The KM Card is our fabulous store card that allows you to spend over £199 & receive interest free credit on your purchases, with up to £1000 instant credit. You can apply for the KM Card by Clicking here. Please not you must be aged 18+ and a UK resident. You can also apply for the KM Card in any of our standalone stores, find your nearest store here.

The exclusive benefits of having a KM Card are:

Spend over £199 in a single transaction and you will receive six months interest free credit

Up to £1000 instant credit*

Representative 28.9% APR variable for any spend under £199 and for any balances which have not been paid off in full by the end of any applicable interest free credit period subject to approval.

Regular email updates with news of special discounts and launches

KM Card features:

APR: Representative 28.9% APR variable

OTHER INTEREST RATES:

Promotional Rates – 0% per annum on all purchases of £199 or more for the first six months after the statement date upon which the purchase is first shown. Thereafter and for purchase which do not qualify for the Annual Interest rate will be 25.7%.

INTEREST FREE PERIOD:

Purchases – up to 56 days on purchases if your balance is paid off by the 'payment to reach us date'. We will charge interest from the date of the purchase until the date that the outstanding balance is repaid in full. Promotional period – six months on all purchases of £199 or more. If the full balance is not cleared within any applicable Promotional period, interest is charged on the outstanding balance at the annual rate shown. Interest is not backdated, it is only charged from the day after the expiry date of any Promotional Period.

ALLOCATION OF PAYMENTS:

Any payment that you make which is insufficient to repay the full balance on your account will be applied to cover any insurance premium due as a priority. Payment will then be allocated to pay any higher interest rate balances off first, before any lower interest rates. When payments are allocated to each different balance they will be applied in the following order, default fees and charges, interest and then purchases.

MINIMUM PAYMENT:

Every month you must pay at least the minimum amount set out on your statement. This will be either 3.65% of the total amount charged to your Karen Millen Card, or £3.65, whichever is the larger. Any default fees you may have been charged may also be included if you opened your account on or after 1st January 2011.

AMOUNT OF CREDIT:

Minimum credit limit of £100

ANNUAL FEE:

None

CHARGES:

None

DUPLICATE COPY OF STATEMENT:

£2.50 per statement

DEFAULT CHARGES:

£12 for late payments, cheques returned 'refer to drawer' and unpaid direct debits. This does not replace any legal conditions and we ask you to read the full terms and conditions for more information. The Karen Millen Card is a trading name of the UK branch of Ikano Bank AB (publ), which is registered with branch number BR016253. The registered office of the UK branch of Ikano Bank AB (publ) is Waterfront House, WaterfrontPlaza, Station Street, Nottingham, NG2 3DQ

Comments

Powered by Zendesk