0% Balance Transfer for 6 months with the lowest fee of 0.25% e.g. £4,000 balance transfer costs £10 @ Barclaycard
291°Expired

0% Balance Transfer for 6 months with the lowest fee of 0.25% e.g. £4,000 balance transfer costs £10 @ Barclaycard

22
Found 25th Jun 2014
If you looking to undertake a balance transfer for a short period of time, this new deal is the best in the market.

Barclaycard are offering 0% balance transfer for 6 months with the lowest fee of only 0.25% (a fee of 1% will be applied and then reduced to 0.25% by a refund). So on a balance transfer of £4,000 you will only pay £10.

If you are looking for a longer balance transfer choose their long term BT duration e.g. 0% for 33 months although the fee is higher. Will add links in comments.

22 Comments

WLIT

Original Poster

muffboy

WLIT



Yes?

Editor

Chanchi32

Yes?



I have added a certain amount of warmth to the deal dood.

Edit : Well that just looked freeking wrong!
Edited by: "BuzzDuraband" 25th Jun 2014

Not worth it, another scam from Barclay, steer clear !

Original Poster

BuzzDuraband

I have added a certain amount of warmth to the deal dood.Edit : Well that … I have added a certain amount of warmth to the deal dood.Edit : Well that just looked freeking wrong!



Oh

X)

Editor

Chanchi32

OhX)



I typed 'heat to the dead' oO

Is this new customers only? I already gave a barclaycard.

Original Poster

carlosd73

Is this new customers only? I already gave a barclaycard.



Yes this is a new customer offer - thanks

This is a really good deal for new customers, there's not much out there at the moment especially with the threat of interest rates rising looming (although personally I think that will be the end of the year and it will be a very slow rise) there is a lot of scaremongering going on at the moment don't believe all you hear - btw don't quote me on this as things are always subject to change X)

maccy1

This is a really good deal for new customers, there's not much out there … This is a really good deal for new customers, there's not much out there at the moment especially with the threat of interest rates rising looming (although personally I think that will be the end of the year and it will be a very slow rise) there is a lot of scaremongering going on at the moment don't believe all you hear - btw don't quote me on this as things are always subject to change X)



I think if people don't believe the scaremongering, interest rates will rise sooner rather then later. The scaremongering is an attempt to use fear of an impending rise to put the breaks on borrowing, housing bubble, debt rising, etc. If the threat doesn't work, they will have to actually raise rates sooner rather then later

Mentos

I think if people don't believe the scaremongering, interest rates will … I think if people don't believe the scaremongering, interest rates will rise sooner rather then later. The scaremongering is an attempt to use fear of an impending rise to put the breaks on borrowing, housing bubble, debt rising, etc. If the threat doesn't work, they will have to actually raise rates sooner rather then later



Well it remains to be seen, there is one thing none of us can predict when and how much they will rise by, but if they raise the rates too quickly the country will find itself in a similar situation to what we have seen in the past 6 years or so. I still think there needs to be more evidence shown of where the recovery is coming from. But it's late now and all this serious talk makes me more tired X) , besides I'm not in a situation where I have to worry about it thankfully but I do feel for the ones that are.

On the other hand, it will be nice to see the savings rates going up, but that's one thing you can bet on, they won't go up very quickly


Edited by: "maccy1" 25th Jun 2014

for larger balances you are better off with a longer term deal. higher %fee but no need for credit check every few months

Would appreciate some advice if any going.

I've never had a CC, always used debit cards so no real borrowing history. I have had a mortgage for several years paid on time. All usuals, employed, same bank accounts, etc, etc

should I take a credit card out for improving my credit rating? If so which are good. I have no debt to transfer, don't buy whole lot of big ticket items. cash back card?

i want some time in the near future to get another mortgage out so really wondering if not having a credit card damaging my ability to do so?

thanks

Rambot

Would appreciate some advice if any going.I've never had a CC, always … Would appreciate some advice if any going.I've never had a CC, always used debit cards so no real borrowing history. I have had a mortgage for several years paid on time. All usuals, employed, same bank accounts, etc, etcshould I take a credit card out for improving my credit rating? If so which are good. I have no debt to transfer, don't buy whole lot of big ticket items. cash back card?i want some time in the near future to get another mortgage out so really wondering if not having a credit card damaging my ability to do so?thanks



you may struggle to get a mainstream card with limited credit history. do you have a mobile phone contract? that helps. I would suggest you use one of the higher rate cards at first, Luma or Barclaycard Initial, you can quite easily get both and build your credit rating over 6 months before getting a deal like this.

monogram

you may struggle to get a mainstream card with limited credit history. do … you may struggle to get a mainstream card with limited credit history. do you have a mobile phone contract? that helps. I would suggest you use one of the higher rate cards at first, Luma or Barclaycard Initial, you can quite easily get both and build your credit rating over 6 months before getting a deal like this.



The fact that they have a mortgage shows that they do have a credit rating. There is usually a minimum income threshold - providing that is met it sounds like you have a fair chance of being accepted.

I'd say Sainsbury have a better offer, its a 0.5% transfer but gives twelve months interest free instead of the six offered by Barclays
sainsburysbank.co.uk/cre…tml

Rambot

Would appreciate some advice if any going.I've never had a CC, always … Would appreciate some advice if any going.I've never had a CC, always used debit cards so no real borrowing history. I have had a mortgage for several years paid on time. All usuals, employed, same bank accounts, etc, etcshould I take a credit card out for improving my credit rating? If so which are good. I have no debt to transfer, don't buy whole lot of big ticket items. cash back card?i want some time in the near future to get another mortgage out so really wondering if not having a credit card damaging my ability to do so?thanks



Credit Ratings are an awkward balance, its not about how well you pay them back its about how much money they can make off you. I've worked with credit companies that give you a lower credit rating if you always pay the balance of the card off within the 28 day window because you cost them money.

maccy1

Well it remains to be seen, there is one thing none of us can predict … Well it remains to be seen, there is one thing none of us can predict when and how much they will rise by, but if they raise the rates too quickly the country will find itself in a similar situation to what we have seen in the past 6 years or so. I still think there needs to be more evidence shown of where the recovery is coming from. But it's late now and all this serious talk makes me more tired X) , besides I'm not in a situation where I have to worry about it thankfully but I do feel for the ones that are. On the other hand, it will be nice to see the savings rates going up, but that's one thing you can bet on, they won't go up very quickly


The country (read "the government") can't afford an interest rate rise. The action of the BoE over the next 18 months will prove just how "independent" they really are.

The only way to deal with the debt is hyper-inflation / QE. Expect the threat of deflation to be used to justify more money-printing. Mortgage rates (charged by banks) may rise independent of the base rate, but don't expect the BoE to raise rates until they're forced to by the money markets (in other words, once the financial markets finally acknowledge that we can't pay our debts).

Heat for the deal. I took the Sainsburys card last month but need another one shortly so I'll either take this one or the Post Office card with £40 Quidco.

Thanks for the replies.
No mobile phone contract anymore, not for a few years as have a company phone.

So is there any point getting a credit card if I will be paying monthly bills on time? Will that reflect badly on credit rating. I understand know sure thing when it comes to ratings

Anyways I guess I might start off by doing a statutory report for a few quid with Experian. Not sure if this is good enough or go for the monthly fee version?

Original Poster

Rambot

Thanks for the replies.No mobile phone contract anymore, not for a few … Thanks for the replies.No mobile phone contract anymore, not for a few years as have a company phone.So is there any point getting a credit card if I will be paying monthly bills on time? Will that reflect badly on credit rating. I understand know sure thing when it comes to ratings :/Anyways I guess I might start off by doing a statutory report for a few quid with Experian. Not sure if this is good enough or go for the monthly fee version?



If you are after a credit report, try noddle its free

noddle.co.uk/

Try applying and it is probable that a normal average earning person here will have it rejected if you are already on other commitments. Barclays is supposedly having one of the strictest policies in offering credits to customers.

This whole thing of credit history is beyond a normal mans imagination on how banks dictate policy to honour credits and this is fine, But if you see developing economies, i always wonder how their banking industry is far more successful than UK banks without this Credit History stuff.
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