0% interest balance transfer and purchases for up to 27 months (3.5% transfer fee) @ Barclaycard
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0% interest balance transfer and purchases for up to 27 months (3.5% transfer fee) @ Barclaycard

133
Posted 26th Feb
Great new credit card offer from Barclaycard

Impress your friends and family with the word PLATINUM

As as always it has to say 'up to' but apparently 8 of 10 customers will get the full 27 months!
i have a Barclaycard, and their phone app makes using it so much more worthwhile. Other providers just don't have as good on line access.

  • 0% interest on purchases for up to 27 months from the date you open your account
  • 0% interest on balance transfers for up to 27 months which starts on the date you open your account (3.5% transfer fee applies). Terms and conditions apply which you can find in the important info section below.
  • Exclusive savings on live events with Barclaycard Entertainment
  • Manage your account online
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Top comments
hong_kong_englishman26/02/2020 10:19

Its seems some don't understand how it works,they charge a 3.5 % transfere …Its seems some don't understand how it works,they charge a 3.5 % transfere fee just like any other credit card except the others have different rates of interest .I have had one of these more than 10+ years and from my rusty memory the rate (if at all) has not changed much although i could be wrong as i dont use my credit cards any more as i use my Debit card.[Image]


If you had 10k debt on a card that was charging interest, it would cost you approx £80-100 a month on most credit cards.

You transfer 10k to this card for a fee of 350. You have no more charges for 27months.

There is clearly a huge difference in saving.
NO ONE IN their right mind would pay 3.5 percent on BT NOT A CHANCE Voted freezing
Sainsburys 16 months ZILCH
SAINSBURYS 26 months 0.6 %
The word platinum on my card never got me to the front of the Q either in Tiffneys or LIDL
Edited by: "MAURICE_BOYLAN" 26th Feb
Don't forget to go through TCB for £21 cashback, depending on membership level
39986999-lThoi.jpg
MAURICE_BOYLAN26/02/2020 10:37

NO ONE IN their right mind would pay 3.5 percent on BT NOT A CHANCE Voted …NO ONE IN their right mind would pay 3.5 percent on BT NOT A CHANCE Voted freezing Sainsburys 16 months ZILCHSAINSBURYS 26 months 0.6 % The word platinum on my card never got me to the front of the Q either in Tiffneys or LIDL


Why not post the Sainsbury's deal then? I can see you've been a member for 18months and not posted any deals....
133 Comments
This is a great deal for purchases! It’s free money for over two years as long as you pay it off before the 28th month
Don't forget to go through TCB for £21 cashback, depending on membership level
39986999-lThoi.jpg
maz91126/02/2020 08:27

Don't forget to go through TCB for £21 cashback, depending on membership …Don't forget to go through TCB for £21 cashback, depending on membership level [Image]


Great find!
CloudHeaven26/02/2020 08:01

This is a great deal for purchases! It’s free money for over two years as l …This is a great deal for purchases! It’s free money for over two years as long as you pay it off before the 28th month


Or transfer it to another card
FireOnAWire26/02/2020 08:59

Or transfer it to another card


I've always wondered how much stuff like this affects your credit rating long term
What if u had one 3 years ago.. can you apply for a new card?
FireOnAWire26/02/2020 08:59

Or transfer it to another card


...there's always a transfer fee though.
ivandias26/02/2020 09:05

What if u had one 3 years ago.. can you apply for a new card?


I believe so. I'm not allowed as I closed my account in Jan, and I believe within 6 months is the limit.
Used my postoffice card for free interest purchases for the last 2 years which has been really handy and that finishes in October which i only have £400 left so i need anothrer one .
I have a standard credit card so im assuming this one wont be availible to me.
Edited by: "robbp" 26th Feb
CloudHeaven26/02/2020 08:01

This is a great deal for purchases! It’s free money for over two years as l …This is a great deal for purchases! It’s free money for over two years as long as you pay it off before the 28th month


Is there usually a limit to borrow? Is the borrowed limit splitted on 28 months when monthly payment is set? Never used this kind of service before
timbotadumitruion26/02/2020 10:04

Is there usually a limit to borrow? Is the borrowed limit splitted on 28 … Is there usually a limit to borrow? Is the borrowed limit splitted on 28 months when monthly payment is set? Never used this kind of service before


They'll credit assess you and offer you what they think your can afford. Could be 5k, 8k etc.

You then have that balance on your card.

Any purchases made are interest free for 27 months. You just need to pay the minimum payment by the end of every month
CloudHeaven26/02/2020 08:01

This is a great deal for purchases! It’s free money for over two years as l …This is a great deal for purchases! It’s free money for over two years as long as you pay it off before the 28th month



Its seems some don't understand how it works,they charge a 3.5 % transfere fee just like any other credit card except the others have different rates .

I have had one of these more than 10+ years and from my rusty memory the rate (if at all) has not changed much although i could be wrong as i dont use my credit cards any more as i use my Debit card.

39987711-B2EYI.jpg
Edited by: "hong_kong_englishman" 26th Feb
hong_kong_englishman26/02/2020 10:19

Its seems some don't understand how it works,they charge a 3.5 % transfere …Its seems some don't understand how it works,they charge a 3.5 % transfere fee just like any other credit card except the others have different rates of interest .I have had one of these more than 10+ years and from my rusty memory the rate (if at all) has not changed much although i could be wrong as i dont use my credit cards any more as i use my Debit card.[Image]


If you had 10k debt on a card that was charging interest, it would cost you approx £80-100 a month on most credit cards.

You transfer 10k to this card for a fee of 350. You have no more charges for 27months.

There is clearly a huge difference in saving.
Rami_Radwan26/02/2020 10:10

They'll credit assess you and offer you what they think your can afford. …They'll credit assess you and offer you what they think your can afford. Could be 5k, 8k etc. You then have that balance on your card. Any purchases made are interest free for 27 months. You just need to pay the minimum payment by the end of every month


Is the minimum set by default related to the amount borrowed or is the sum borrowed divided by number of months?
NO ONE IN their right mind would pay 3.5 percent on BT NOT A CHANCE Voted freezing
Sainsburys 16 months ZILCH
SAINSBURYS 26 months 0.6 %
The word platinum on my card never got me to the front of the Q either in Tiffneys or LIDL
Edited by: "MAURICE_BOYLAN" 26th Feb
HOT deal, just pay the debit off within the allocated number of months!
Rami_Radwan:

I've always wondered how much stuff like this affects your credit rating long term

Been using transfer credit cards alot for building free debt and putting it against the house.

Personal experience but bizzarly my credit acore keeps increasing and the other cards keep upping limits!

Only my personal non financial advice to cents

1. Always pay any debts on on time(duh)

2. Keep an overall good margin of credit available ie have 15k of credit capacity and transfer 10k. If your borrowing all you can I think they look at that as an issue. Ive even got a couple of CCs with a crap deal i leave empty just to bump up my available credit and use the good deal CC to its max.

Id feel guilty if i didnt remind everyone to be carefull with taking on debt. It not free money, it a cheap loan that can rapidly spiral out of control.
timbotadumitruion26/02/2020 10:35

Is the minimum set by default related to the amount borrowed or is the sum …Is the minimum set by default related to the amount borrowed or is the sum borrowed divided by number of months?


Your limit is given to you up front. How and when you choose to spend it is up to you. If you're offered 5k. Your card will have 5k available to spend the day it arrives.
MAURICE_BOYLAN26/02/2020 10:37

NO ONE IN their right mind would pay 3.5 percent on BT NOT A CHANCE Voted …NO ONE IN their right mind would pay 3.5 percent on BT NOT A CHANCE Voted freezing Sainsburys 16 months ZILCHSAINSBURYS 26 months 0.6 % The word platinum on my card never got me to the front of the Q either in Tiffneys or LIDL


Why not post the Sainsbury's deal then? I can see you've been a member for 18months and not posted any deals....
MAURICE_BOYLAN26/02/2020 10:37

The word platinum on my card never got me to the front of the Q either in …The word platinum on my card never got me to the front of the Q either in Tiffneys or LIDL


With my SAINSBURYS 16 MONTHS ZILCH card I am getting front of the Q to get Tiffneys Necklesses every other week.
Rami_Radwan26/02/2020 10:55

Your limit is given to you up front. How and when you choose to spend it …Your limit is given to you up front. How and when you choose to spend it is up to you. If you're offered 5k. Your card will have 5k available to spend the day it arrives.


I understood that aspect. I'm curious about repayments( sorry for ambiguity)
darkh0rse26/02/2020 09:32

...there's always a transfer fee though.


Not always
There's cards with 0% balance transfers. Look on MSE.
I'm using one now from Sainsburys. Will change again in 1 year once the promo is up
timbotadumitruion26/02/2020 11:08

I understood that aspect. I'm curious about repayments( sorry for …I understood that aspect. I'm curious about repayments( sorry for ambiguity)


Check terms on the card but 'generally' minimum payment is a % of outstanding balance.

Borrow 5000 1.5% min payment is £75
Next month 4925 remains min payment £73.88
Month after owe 4851.12

And so it goes on....

(Just made up repayment term, check this cc)

There is a minimum repayment, usually £5 or so but as you paying back more than this you wont hit the floor.

Youll never clear the debt full, but as long as its intrest free your juat paying back what youve borrowed.

YOU NEED TO CLEAR THE WHOLE CARD BEFORE THE END OF THE DEAL.

Or they can backdate the intrest and your dooooomed.

Does this help?
Just remember whenever you transfer to another card to get a deal like this, DO NOT USE THE CARD FOR PURCHASES
As soon as you purchase on it, any payments made go towards paying the interest free transfer first and your purchases begin to rack up charges.
It's obvious to most but just in case people aren't aware...
Sb534726/02/2020 11:16

Check terms on the card but 'generally' minimum payment is a % of …Check terms on the card but 'generally' minimum payment is a % of outstanding balance.Borrow 5000 1.5% min payment is £75Next month 4925 remains min payment £73.88Month after owe 4851.12And so it goes on....(Just made up repayment term, check this cc) There is a minimum repayment, usually £5 or so but as you paying back more than this you wont hit the floor. Youll never clear the debt full, but as long as its intrest free your juat paying back what youve borrowed.YOU NEED TO CLEAR THE WHOLE CARD BEFORE THE END OF THE DEAL.Or they can backdate the intrest and your dooooomed.Does this help?


Helps indeed. Thank you!
hong_kong_englishman26/02/2020 10:19

Its seems some don't understand how it works,they charge a 3.5 % transfere …Its seems some don't understand how it works,they charge a 3.5 % transfere fee just like any other credit card except the others have different rates .I have had one of these more than 10+ years and from my rusty memory the rate (if at all) has not changed much although i could be wrong as i dont use my credit cards any more as i use my Debit card.[Image]


It seems some don’t know how it works...

  • 0% interest on purchases for up to 27 months from the date you open your account
3.4% is quite steep. The last bt card I did was tsb and 0% fee for 19 months (I think) which ends later this year. As others have mentioned, there are other bt cards which have far lower fees, albeit a shorter term but may be better for some, esp if it's a largish amount of 5k+. I've been stoozibg for 10 years or so now but wouldn't touch this.
Hi guys,

I'm after a long, interest free purchases card, ideally with a bit of TCB/Quidco on top

Anything current?
CloudHeaven26/02/2020 08:01

This is a great deal for purchases! It’s free money for over two years as l …This is a great deal for purchases! It’s free money for over two years as long as you pay it off before the 28th month


And make the minimum payment each month.
And there's no such thing as "free money".
Rami_Radwan26/02/2020 09:01

I've always wondered how much stuff like this affects your credit rating …I've always wondered how much stuff like this affects your credit rating long term


You don't have a "credit rating" - you have a credit history.
Bouncing debt around long term can seem like a negative to some lenders
Sb534726/02/2020 11:16

YOU NEED TO CLEAR THE WHOLE CARD BEFORE THE END OF THE DEAL.Or they can …YOU NEED TO CLEAR THE WHOLE CARD BEFORE THE END OF THE DEAL.Or they can backdate the intrest and your dooooomed.Does this help?


No that's wrong - they can't/won't backdate any interest.
You will only pay interest on the remaining balance.
slipd26/02/2020 11:58

Hi guys,I'm after a long, interest free purchases card, ideally with a bit …Hi guys,I'm after a long, interest free purchases card, ideally with a bit of TCB/Quidco on top Anything current?


Have you looked?
Gary_Dexter26/02/2020 12:08

Have you looked?


Not at all, that's why I've asked... was hoping some helpful soul here was in a similar situation and prepared to share their findings
slipd26/02/2020 12:10

Not at all, that's why I've asked... was hoping some helpful soul here was …Not at all, that's why I've asked... was hoping some helpful soul here was in a similar situation and prepared to share their findings


No situations are "similair" when it comes to lending.

What is it you are after? What sort of a limit? For how long of a period of time? Purchase or Balance Transfer?
slipd26/02/2020 11:58

Hi guys,I'm after a long, interest free purchases card, ideally with a bit …Hi guys,I'm after a long, interest free purchases card, ideally with a bit of TCB/Quidco on top Anything current?


Do you have a current regular CC? If so, just get a balance transfer card, make your purchases on your existing CC then transfer the balance to the new card?
slipd26/02/2020 11:58

Hi guys,I'm after a long, interest free purchases card, ideally with a bit …Hi guys,I'm after a long, interest free purchases card, ideally with a bit of TCB/Quidco on top Anything current?


This one for 27 months?
Good for using the purchase option but it is a killer with that 3.5% balance transfer fee
Rami_Radwan26/02/2020 11:02

Why not post the Sainsbury's deal then? I can see you've been a member for …Why not post the Sainsbury's deal then? I can see you've been a member for 18months and not posted any deals....


39988679-ciek8.jpg39988679-3C4vp.jpg
Rami_Radwan26/02/2020 12:39

No silly, as an actual deal on HUKD



Rami_Radwan26/02/2020 11:02

Why not post the Sainsbury's deal then? I can see you've been a member for …Why not post the Sainsbury's deal then? I can see you've been a member for 18months and not posted any deals....


1802992691582720657.jpg5202920611582720696.jpgSorry that I’m silly but you asked me to post the Sainsbury’s deal and I just have ??????🥴🥴
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