25 Months 0% Balance Transfer @ Barclaycard
494°Expired

25 Months 0% Balance Transfer @ Barclaycard

27
Found 25th Jan 2013
I got an email from Barclaycard today and it looks like they have upped their 0% balance transfer duration yet again, replacing their 24 month deal with a 25 month one.

My Barclaycard has about 7 months left on it and I'm really hoping this sticks around until I get a new one.

Info added from MSE:

Balance transfer length & fee: 25 mths 0% 3.2% fee
Rep variable APR: 18.9% (Official APR Example)
Card issuer: Visa
Min repayment: Greater of 1% of balance plus interest, 2.25% of balance or 5
Restrictions? Must transfer balance within 60 days!
Min income: £20,000 to apply for card.

27 Comments

You should state the fee in the title, as a balance transfer is not free.

currently on the 24 month deal, trying to pay it off before ends but doubt would be able to transfer to this without going elsewhere first
Heat added

You're much better going for their 21 month deal as the transfer fee is only 1.45%

TheRealMcLovin

My Barclaycard has about 7 months left on it and I'm really hoping this … My Barclaycard has about 7 months left on it and I'm really hoping this sticks around until I get a new one.


Usually you won't be allowed to transfer from one Barclaycard to another, so your next one will need to be a different card provider (same for most cards).
Edited by: "chippyhd" 25th Jan 2013

chippyhd

Usually you won't be allowed to transfer from one Barclaycard to another, … Usually you won't be allowed to transfer from one Barclaycard to another, so your next one will need to be a different card provider (same for most cards).


and when closing your account with them you need to wait 6 months before re-applying for another/ new one
Edited by: "watson44" 25th Jan 2013

kiwikeen

You're much better going for their 21 month deal as the transfer fee is … You're much better going for their 21 month deal as the transfer fee is only 1.45%



Just took out a Lloyds, for 21 months 0%, 1.45% fee. Don't like Barclaycard, as they usually take around 2.5% minimum payment, while the Lloyds minimum is 1%

ive got 3 cards with them and called today to take up the balance transfer offer and it was 19 months Aug 2014 on all 3.

lowrieh1

Just took out a Lloyds, for 21 months 0%, 1.45% fee. Don't like … Just took out a Lloyds, for 21 months 0%, 1.45% fee. Don't like Barclaycard, as they usually take around 2.5% minimum payment, while the Lloyds minimum is 1%



Or just live within your means rather than living on credit. Credit to bridge difficult times or large necesary payments but to live beyond means through credit will eventually bite you..

I got a teddy with mine HOT

scottg

Or just live within your means rather than living on credit. Credit to … Or just live within your means rather than living on credit. Credit to bridge difficult times or large necesary payments but to live beyond means through credit will eventually bite you..



Easier said than done. Wish it was that simple.

chippyhd

Usually you won't be allowed to transfer from one Barclaycard to another, … Usually you won't be allowed to transfer from one Barclaycard to another, so your next one will need to be a different card provider (same for most cards).



Absolutely correct. Check the t and c's.

After spending on all these bargains from HUKD, this is the most useful post for me. Thanks billions OP.

scottg

Or just live within your means rather than living on credit. Credit to … Or just live within your means rather than living on credit. Credit to bridge difficult times or large necesary payments but to live beyond means through credit will eventually bite you..



Well said.

Don't bother applying for this if you got a good credit rating. Applied late last year and after a few weeks of swapping emails i was turned down. Have NEVER been refused credit in my life, have never missed a payment on anything, including the mortgage we have with Barclays. Oh and according to Barclays when we got our mortgage from them, i have A1 credit rating. Don't think they want people who will pay off in total at the end of the term. Did not need the credit by the way, just saw it as a way of making a bit of extra interest while the money was in my bank.
Edited by: "sunter18" 26th Jan 2013

sailo

Well said.


Well no, it isn't really is it? Because while its easy to sit there making sweeping generalisations about other people's finances, the use of credit is simply an inherent part of modern life and, used properly, a sensible way of managing finances. The trite and condescending post you replied to completely ignores the fact that most people need credit facilities to manage large purchases, for example the family car etc. "Living within your means" would mean saving for years to make that purchase, with your savings earning little or no interest and so decreasing in spending power before you ever get to buy the car.
Using a credit card to make most day to day purchases and then clearing it at the month end is not only free, it is also sensible - just as one example you get the benefit of being able to claim against your card provider if the retailer goes bankrupt. For people that have uncleared balances, deals like this are a superb way of deferring payments.
I really get irritated by credit card deals on this site always being over-run by puerile holier-than-thou posters sneering at people with credit card debts. If the deal isn't for you, move on and read the next one. Leave those of us who, by either desire or necessity, have money owed to others to share these deals and save ourselves some cash.

Well said!

Here Here!

well said

67traveller

Well no, it isn't really is it? Because while its easy to sit there … Well no, it isn't really is it? Because while its easy to sit there making sweeping generalisations about other people's finances, the use of credit is simply an inherent part of modern life and, used properly, a sensible way of managing finances. The trite and condescending post you replied to completely ignores the fact that most people need credit facilities to manage large purchases, for example the family car etc. "Living within your means" would mean saving for years to make that purchase, with your savings earning little or no interest and so decreasing in spending power before you ever get to buy the car. Using a credit card to make most day to day purchases and then clearing it at the month end is not only free, it is also sensible - just as one example you get the benefit of being able to claim against your card provider if the retailer goes bankrupt. For people that have uncleared balances, deals like this are a superb way of deferring payments. I really get irritated by credit card deals on this site always being over-run by puerile holier-than-thou posters sneering at people with credit card debts. If the deal isn't for you, move on and read the next one. Leave those of us who, by either desire or necessity, have money owed to others to share these deals and save ourselves some cash.

Well said. They need to get off their high horse burgers.

scottg

Or just live within your means rather than living on credit. Credit to … Or just live within your means rather than living on credit. Credit to bridge difficult times or large necesary payments but to live beyond means through credit will eventually bite you..



Being born and living is great, but it will eventually kill you.

Well no, it isn't really is it? Because while its easy to sit there … Well no, it isn't really is it? Because while its easy to sit there making sweeping generalisations about other people's finances, the use of credit is simply an inherent part of modern life and, used properly, a sensible way of managing finances. The trite and condescending post you replied to completely ignores the fact that most people need credit facilities to manage large purchases, for example the family car etc. "Living within your means" would mean saving for years to make that purchase, with your savings earning little or no interest and so decreasing in spending power before you ever get to buy the car. Using a credit card to make most day to day purchases and then clearing it at the month end is not only free, it is also sensible - just as one example you get the benefit of being able to claim against your card provider if the retailer goes bankrupt. For people that have uncleared balances, deals like this are a superb way of deferring payments. I really get irritated by credit card deals on this site always being over-run by puerile holier-than-thou posters sneering at people with credit card debts. If the deal isn't for you, move on and read the next one. Leave those of us who, by either desire or necessity, have money owed to others to share these deals and save ourselves some cash.


Now thats what i call well said
p.s Im in debt

KermitGrenade

Being born and living is great, but it will eventually kill you.



Remember, in the end no-one gets out alive

This is a good deal for someone trying to pay something off or making a major purchase like a honeymoon. Be disciplined in repaying before offer end though!

I have an existing BC account and just sucessfully opened and balance transferred 4k on to the new Platinum BC.. Not a bad deal, 1.1% per year. And the website is easy to use too, which is a plus.

67traveller

Well no, it isn't really is it? Because while its easy to sit there … Well no, it isn't really is it? Because while its easy to sit there making sweeping generalisations about other people's finances, the use of credit is simply an inherent part of modern life and, used properly, a sensible way of managing finances. The trite and condescending post you replied to completely ignores the fact that most people need credit facilities to manage large purchases, for example the family car etc. "Living within your means" would mean saving for years to make that purchase, with your savings earning little or no interest and so decreasing in spending power before you ever get to buy the car. Using a credit card to make most day to day purchases and then clearing it at the month end is not only free, it is also sensible - just as one example you get the benefit of being able to claim against your card provider if the retailer goes bankrupt. For people that have uncleared balances, deals like this are a superb way of deferring payments. I really get irritated by credit card deals on this site always being over-run by puerile holier-than-thou posters sneering at people with credit card debts. If the deal isn't for you, move on and read the next one. Leave those of us who, by either desire or necessity, have money owed to others to share these deals and save ourselves some cash.



I agree with pretty much everything your saying, especially the examples of sensible credit card use, I've done that myself.
But looking back at the original comment that the replies where too the OP saying that they don't like the card provider as they have a 2.5% minimum payment where as another is better as its only 1%.
Obviously for what ever reason maybe they lost there job, maybe ill health, or maybe they went on a spending spree years ago and are still paying it back. I think its fair to say that unfortunetly their finances must be in a right mess as saying you dislike barclaycard because its 2.5% minimum repayment is ridiculous, its fine to dislike them but not for that reason. You could argue its actually responsible lending rather than giving out more credit and creating a bigger problem for the future.

They only offered me the 1.45% fee after I had to tell them to close the account also only for 13 months.

KermitGrenade

Being born and living is great, but it will eventually kill you.

Not everyone is born with a silver spooned credit card but one would want to avoid going from cradle to grave with it.
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