0% Balance Transfer for 30 months + possible £25 cashback @ Barclaycard (The longest 0% balance transfer 2.5 years)
482°Expired

0% Balance Transfer for 30 months + possible £25 cashback @ Barclaycard (The longest 0% balance transfer 2.5 years)

19
Found 2nd Jan 2014
Barclaycard have extended their balance transfer offer. This is the longest 0% balance transfer card - Two and a half years:

- 0% interest on balance transfers for 30 months from account opening (2.89% fee applies)
- A fee of 3.5% will be applied, then reduced to 2.89% by a refund within 2 working days
- Apply via moneyexpert.com you can get a possible £25 cashback (link in comments)
- Offer applies to new customers. Terms and conditions apply.

Worked example based on a balance transfer of £2,000:
- Pay a fee of 3.5% which is £70
- Within two working days this will be reduced to 2.9% so you will only pay £57.80
- If you go via Moneyexpert then get £25 cashback (link posted in comments)
- End Result? You will only have paid £32.80 to borrow £2,000 for 30 months at a 0% rate, equivalent to £1.09 a month

Barclaycard also offers a 0% balance transfer for 29 months with a lower fee (2.49% fee). Based on above example inc £25 cashback you will have paid £24.80 to borrow £2,000 for 29 months at a 0% rate, equivalent to £0.85p a month.

19 Comments

Interesting.

Need to do a balance transfer as Iam currently paying interest on a cc will look into this thanks!!

already got one!

Any suggestions on building a credit rating? 18 but want a credit card for cash back just my credit rating sucks!

Taz1529

Any suggestions on building a credit rating? 18 but want a credit card … Any suggestions on building a credit rating? 18 but want a credit card for cash back just my credit rating sucks!



Don't bother mate

Original Poster

Taz1529

Any suggestions on building a credit rating? 18 but want a credit card … Any suggestions on building a credit rating? 18 but want a credit card for cash back just my credit rating sucks!



Here's a couple of useful guides to help you including info on how to improve your credit rating:

- capitalone.co.uk/cre…jsf
- barclaycard.co.uk/per…dit
- moneysavingexpert.com/loa…ore

Also see post here which includes being new to credit
hotukdeals.com/dea…308
Edited by: "Chanchi32" 3rd Jan 2014

voted hot

although i'm a current customer, they're also doing 0% till july 2014 with a fee of 2%
for those who just want to tie themselves over for a short period

NOT AVAILABLE TO EXISTING CUSTOMERS ! COLD FOR ME

Exisiting customers - phone and say you want to cancel your card - you will get an offer... we got 12 months interest free purchases. Im sure they would offer balance transfer offer too...

This offer is available to existing customer as i got a news letter in the post. Also they are offering 0% interest for 12 months on apple products. I didnt know this until i got a text and email stating this after my purchase! Happy days :-)

Useful as long as you are disciplined to pay off the balance within the 0% period. Or if you are organised to flip any remaining balance to another 0% card after the initial 0% is up. I've been doing this for ages. Heat added

I phoned them to ask if it was also for existing customers, answer, Nope !

Heat Added - went for the Money Expert link but the 29 month one for the slightly reduced transfer fee. I know I'll be paying this off in time so better so save an extra few quid now.

Good deal. I've also been keeping an eye on Lloyds. If you don't mind a slightly lower period you can lower the fee, e.g. on £5k if you get the 24 months from Lloyds it works out @ £3.13 fee per month, compared to £3.43 on the Barclaycard, or less again if you're happy with 15 months

£5,000 Months Rate Fee cashback Total £ per month
lloyds 24 1.500% £75.00 0 £75.00 £3.13
lloyds 15 0.800% £40.00 0 £40.00 £2.67
barclaycard 29 2.490% £124.50 25 £99.50 £3.43

Stuff like this always comes up when I *dont* need it.... yet nothing around when I do! (Still voted hot)

Taz1529

Any suggestions on building a credit rating? 18 but want a credit card … Any suggestions on building a credit rating? 18 but want a credit card for cash back just my credit rating sucks!



Get a credit card from your bank, they should give you one provided they see money going into your account regularly. You will get a measly limit but buy some stuff and pay it off slowly. You will pay a stupid interest rate but the key is to show them that you cope with the credit. Even if you put £100-200 on there and pay it off within 6 months that will hep greatly. Even better is if you can get them to give you a 0% purchases, then do the same thing and you won't pay interest.

This is what we had to do for my wife to build her credit rating up.

Little help.

26 year old looking to purchase a house soon. Looking for a card to buy any necessities on or emergencies. I am wanting one where there are no interest or charges on purchases. What should I look for and which is the best?

Is it 0% purchases I should be looking for?

Help needed! I applied for a barclaycard a dew weeks ago via the martin lewis website to receive the £25 cashback. I had to enter my account number and sort code to receive th cash back. I have received the barclaycard and activated it but no sign of the cashback, has anyone else found this and know what to do? many thanks in advance
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