Provides a quick and easy guide to the key product features of a credit card in a standard format, allowing customers to understand and compare the costs of different cards.
The information contained within the table summarises key product features and does not override any terms and conditions. All integral features of the product, such as introductory rates, should be included.
In March 2005, the APACS Summary Box guidelines were incorporated into the latest version of the Banking Code, ensuring continued use of the Summary Box across all marketing materials by every card issuer. The industry has also committed to display a version of the Summary Box on all monthly credit card statements and has designed a version specifically for use with credit card cheque offers.
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