Argos Classic Mastercard review 2024
- Representative example:
- When you spend £1,200 at a purchase rate of 39.94% (variable) p.a., your representative rate is 39.9% APR (variable).
- Account fee
- £0
- 0% interest on purchases
- 3 months
- Interest-free each billing period
- Up to 56 days
Our verdict
This card is no longer available, but you can use our review to find alternatives.
As the name suggests, the Argos Classic credit card is hardly bringing anything new to the table in terms of features.
Beyond the fairly uninspiring introductory interest-free offer and a temporary spend card that can let you make purchases immediately on the Argos website, there's little to recommend it.
The purchase rate is certainly on the expensive side, and the same can be said for both balance transfers and cash advances.
While it's relatively easy to check your eligibility, it's hard to imagine that you wouldn't be able to find a more competitive card somewhere else.
Pros
- Three months to spread the cost of purchases
- No annual fee
Cons
- Relatively high balance transfer fee
- A punishing interest rate of 49.94% on cash withdrawals
- You may be offered an opening credit limit as low as £250
Details
Product details
| Issuer | Home Retail Group |
| Network | Mastercard |
| Annual/monthly fees | £0 |
| Balance transfers | 39.94% |
| Balance transfer fee | 5% |
| Purchases | 0% for 3 months reverting to 39.94% |
| Purchases interest-free period | Up to 56 days |
| Cash advances | 49.94% |
| Maximum credit limit | Subject to status |
| Additional cards available | 4 |
| Incentive | |
| Potential costs | 2.0 ★★★★★ |
| Doing its job | 3.0 ★★★★★ |
| Extras | 2.0 ★★★★★ |
| Overall Finder score | 2.0 ★★★★★ |
Eligibility
| Minimum Age | 18 |
| Min income | Not specified |
| Residency | UK resident, lived in the UK for last 12 mths, current UK bank account, a home or mobile phone number and regular income |
| Availability | Available to new customers |
Fees
| Annual/monthly fees | £0 |
| Balance transfer fee | 5% |
| Foreign usage charge (EU) | 2.75% |
| Foreign usage charge (rest of world) | 2.75% |
| Cash advance fee | 3% (min. £3) |
| Late payment fee | £12 |
| Exceeding limit fee | £12 |
| Additional card fee | £0 |
| Dormancy fee | £0 |
How does this card compare with other similar cards on the market?
Argos Classic Mastercard
Similar cards
Approval for any credit card depends on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances, the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow. Most of the data in Finder's comparison tables is provided by Moneyfacts.
Repayment options
You can make manual repayments through Home Retail Group's app by logging in to your online banking or over the phone (0345 266 0849). Alternatively, you may wish to set up a direct debit.
A direct debit protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee (£12) or losing any promotional rates as a result.
You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.
Choose from the following direct debit options for your monthly repayments:
| Minimum amount | Fixed amount | Fixed percentage | Full amount |
|---|---|---|---|
How to apply for the Argos Classic Mastercard
If you've compared cards and want to apply, completing the secure online application form takes about 15 minutes. During the application, you should expect a search to be made of your credit history, which allows the lender to make a quick decision on your application.
Frequently asked questions
Finder credit card scores
Our experts score credit cards to determine their value against similar products on the market. We look at a number of important factors, like its suitability for its intended purpose, any perks/extras it brings to the table, plus the potential costs involved with running the card both in the short and longer term.
You can read more about our scoring criteria on our credit card methodology page.
