Unfortunately, this deal is no longer available
Barclaycard Platinum 0% 25mth Purchase/Balance Transfer (2.7% fee) + £24 TCB
1577° Expired

Barclaycard Platinum 0% 25mth Purchase/Balance Transfer (2.7% fee) + £24 TCB

165
Posted 2nd Jan

This deal is expired. Here are some options that might interest you:

Just gone for this offer when looking to replace a stale Credit Card.


  • 0% interest on purchases for up to 25 months from the date you open your account
  • 0% interest on balance transfers for up to 25 months which starts on the date you open your account (2.7% 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


For the APR:


At least 8 out of 10 customers accepted last month received the longest promotional period for this card. This depends on your credit history and how you’ve managed credit in the past. For the remaining customers we may offer you
  • 0% for up to 25 months with 24.9% APR variable or 29.9% APR variable; or
  • 0% for up to 12 months with 29.9% APR variable


There's an offer of £24 with TCB too, if that is your kind of thing.

Struggled to find anything better than this with the combined cashback, which by my maths is the equivalent of spending £9600* on a 0.25% cashback card (which seems to be the going rate for a purchases cashback card).

(*£24/0.25*100 = 9600)

I normally use this kind of thing to pay for Car Insurance up front, rather than via DD, as the "Credit" Insurance companies add on is easily £40 on top of a £300 policy.


To address the usual questions on these things, here's their advised criteria blurb;


You’re more likely to be accepted for this card if you:-
  • Are aged 21 or over
  • Haven't had any Individual Voluntary Agreements, County Court Judgements, and haven't been declared bankrupt in the past six years
  • Always make payments on time
  • Have at least four years' experience of managing credit
  • Have had a permanent UK address for at least two years
  • Have a personal income of more than £20,000 per annum
  • Are able to afford repayments on any outstanding credit commitments
Community Updates
You may need to prove your income in the form of bank statements or payslips in order to go from the initial £200 Credit Limit to the one they offer. They have an online document uploader for this.

This can take up to 15 working days to approve which actually exceeds the 14 day cancellation period.

I would recommend to ring them after a week if you haven't heard back.

You can create your online account straight away after applying and retrieve some of your card details online e.g. Pin

The Android and iOS apps have recently been revamped so take the app reviews with a pinch of salt as they are vastly better than before. Still a bit buggy, e.g. setting up contactless payments with phone but functionally good. Note Android users CANNOT setup Barclaycard with Google Pay, only via the Barclaycard app.
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Top comments
I suppose this is good if you want to run up a big debt to deal with in 2 years time, but I always use a cashback card and settle it each month.
boostii02/01/2020 21:25

I suppose this is good if you want to run up a big debt to deal with in 2 …I suppose this is good if you want to run up a big debt to deal with in 2 years time, but I always use a cashback card and settle it each month.


You can technically use it as a cashback card too, and consider the TCB as cashback up front (which is what I was going for in the description). None of the cashback cards are worth bothering with right now from what I can see, except maybe an Amex for the first 3 months.

I see it as a way to pay for the start of year bills this month, then pay back more comfortably at no extra cost, rather than do the monthly for insurances which costs 10%+ extra.
boostii02/01/2020 21:25

I suppose this is good if you want to run up a big debt to deal with in 2 …I suppose this is good if you want to run up a big debt to deal with in 2 years time, but I always use a cashback card and settle it each month.


I found it helpful with insurance as a new driver. Used it to pay that and my road tax upfront and split the payments over a year! Can be good if used responsibly 😁
Stupid question ,so for example my limit on this card is £4,000 / If lets say i buy something for £600 or even £2000 All i have to do is pay the minimum £5 balance and can pay the £2000 up to 25months? interest free?
165 Comments
I suppose this is good if you want to run up a big debt to deal with in 2 years time, but I always use a cashback card and settle it each month.
boostii02/01/2020 21:25

I suppose this is good if you want to run up a big debt to deal with in 2 …I suppose this is good if you want to run up a big debt to deal with in 2 years time, but I always use a cashback card and settle it each month.


You can technically use it as a cashback card too, and consider the TCB as cashback up front (which is what I was going for in the description). None of the cashback cards are worth bothering with right now from what I can see, except maybe an Amex for the first 3 months.

I see it as a way to pay for the start of year bills this month, then pay back more comfortably at no extra cost, rather than do the monthly for insurances which costs 10%+ extra.
boostii02/01/2020 21:25

I suppose this is good if you want to run up a big debt to deal with in 2 …I suppose this is good if you want to run up a big debt to deal with in 2 years time, but I always use a cashback card and settle it each month.


I prefer to look at it as being able to earn interest for two years before having to pay for things / transferring it. Cashback cards are good, but ones with a decent rate, available for no fee or easy for the average person to obtain, aren't exactly common, unless you have a suggestion.

Admittedly, in this case, it's not a good deal for a balance transfer at 2.7% fee, just new purchases.
Edited by: "Ashe" 2nd Jan
Can I do A balance transfer from my other credit card in Barclays?
pawello151502/01/2020 21:36

Can I do A balance transfer from my other credit card in Barclays?


Not sure, but either way I'd probably look for a better card for a balance transfer - this has a 2.7% transfer fee (unless the £24 covers enough of that).
Edited by: "Ashe" 2nd Jan
pawello151502/01/2020 21:36

Can I do A balance transfer from my other credit card in Barclays?


Don't think u can have 2 Barclay cards, I've tried before
Big_Rik02/01/2020 21:53

Don't think u can have 2 Barclay cards, I've tried before


You can, had three at some point.
Can someone explain what the 2.7% transfer fee means please?
Edited by: "MintHead" 2nd Jan
MintHead02/01/2020 22:11

Can someone explain what the 2.7% transfer fee means please?


Means every time you transfer money you have a interest to pay.
Looks like a good offer. Thanks OP, been looking for a decent offer on a new purchases credit card. The £20 cashback seems a decent
Stupid question ,so for example my limit on this card is £4,000 / If lets say i buy something for £600 or even £2000 All i have to do is pay the minimum £5 balance and can pay the £2000 up to 25months? interest free?
anyone applied for a barclaycard via TCB before and got cashback?
calum.james02/01/2020 23:27

Stupid question ,so for example my limit on this card is £4,000 / If lets …Stupid question ,so for example my limit on this card is £4,000 / If lets say i buy something for £600 or even £2000 All i have to do is pay the minimum £5 balance and can pay the £2000 up to 25months? interest free?


Yes!
calum.james02/01/2020 23:27

Stupid question ,so for example my limit on this card is £4,000 / If lets …Stupid question ,so for example my limit on this card is £4,000 / If lets say i buy something for £600 or even £2000 All i have to do is pay the minimum £5 balance and can pay the £2000 up to 25months? interest free?


if you had a credit limit of 4k, then you can buy up to 4k within the 25 months and don't pay interest, as long as you pay the minimum monthly amount. interest would start from the end of the interest free period.
Ashe02/01/2020 21:36

I prefer to look at it as being able to earn interest for two years before …I prefer to look at it as being able to earn interest for two years before having to pay for things / transferring it. Cashback cards are good, but ones with a decent rate, available for no fee or easy for the average person to obtain, aren't exactly common, unless you have a suggestion.Admittedly, in this case, it's not a good deal for a balance transfer at 2.7% fee, just new purchases.


When I had the choice between platinum 0% interest for 18 months or a cash back card it was a no brainier to go for the 0% interest as the cash back version wasn’t even worth it
Will this work if I already have one?
mutley102/01/2020 23:28

anyone applied for a barclaycard via TCB before and got cashback?


Mine has tracked - not sure how long it'll be if/when it's 'confirmed' though. Says 8 weeks
39573996-NQHHe.jpg
Edited by: "chuffedfox" 3rd Jan
TCB has been reduced to £20.20. Maybe a new years special (lol).

Hopefully i get this with a fairly large credit limit, as im planning to do a van conversion this summer and could put all the parts on this and then pay it off evenly over the next couple of years.
mutley102/01/2020 23:35

if you had a credit limit of 4k, then you can buy up to 4k within the 25 …if you had a credit limit of 4k, then you can buy up to 4k within the 25 months and don't pay interest, as long as you pay the minimum monthly amount. interest would start from the end of the interest free period.


How much is the 'minimum amount' normally?
johnsquire33403/01/2020 05:07

Fiver


Or 1% usually whichever is greater

<=£500 then £5
>£500 then 1%
Edited by: "gyro85" 3rd Jan
Just my experience but i applied for a pre-approved Barclaycard last year but when it arrived they had given me a £450 limit so i instantly cancelled it and tried applying for a Sainsburys card instead, they gave me a starting limit of £4000
Edited by: "howbord" 3rd Jan
boostii02/01/2020 21:25

I suppose this is good if you want to run up a big debt to deal with in 2 …I suppose this is good if you want to run up a big debt to deal with in 2 years time, but I always use a cashback card and settle it each month.


I found it helpful with insurance as a new driver. Used it to pay that and my road tax upfront and split the payments over a year! Can be good if used responsibly 😁
howbord03/01/2020 06:55

Just my experience but i applied for a pre-approved Barclaycard last year …Just my experience but i applied for a pre-approved Barclaycard last year but when it arrived they had given me a £450 limit so i instantly cancelled it and tried applying for a Sainsburys card instead, they gave me a starting limit of £400



You applied for a CC and they gave you a credit limit of £450?
I ordered this card a few months ago with topcash. It tracked and they rejected it.
Edited by: "Jetset1981" 3rd Jan
caliber200102/01/2020 21:54

You can, had three at some point.


They've changed this. I have two, I applied for a Barclaycard travel card and was refused, they told me I had to close one account to get one. I think it's changed again you can only have one card/account now.
chuffedfox03/01/2020 08:25

You applied for a CC and they gave you a credit limit of £450?


Yes, and i was pre-approved
c/c limits vary depending on your credit score and income but i would say your monthly income is definitely the biggest driver
Does anyone know if I can transfer a balance from a Virgin CC to this? Many thanks
Excellent! Any idea how long this deal is planned for? I need a new card for the start of February...

Heated OP!
chuffedfox03/01/2020 00:18

Mine has tracked - not sure how long it'll be if/when it's 'confirmed' …Mine has tracked - not sure how long it'll be if/when it's 'confirmed' though. Says 8 weeks[Image]


my purchases on TCB always track but the pay out is the problem. wondered how good barclaycard is at coughing up promised cashback. i would not be interested in an interest free period card, but i would be interested for the cashback.

so i would like to see what is the likelihood of this cashback paying out. someone has now said they their claim tracked but was not paid out.
Outdoordude9303/01/2020 03:47

TCB has been reduced to £20.20. Maybe a new years special (lol).Hopefully …TCB has been reduced to £20.20. Maybe a new years special (lol).Hopefully i get this with a fairly large credit limit, as im planning to do a van conversion this summer and could put all the parts on this and then pay it off evenly over the next couple of years.


still says £24 on TCB. but the question is how likely is going to be honoured.
ryeallen03/01/2020 10:30

Does anyone know if I can transfer a balance from a Virgin CC to this? …Does anyone know if I can transfer a balance from a Virgin CC to this? Many thanks


you can transfer a balance from another credit card, up to the credit limit you are given on this card, but you will have to pay a transfer fee, equivalent to 2.7% of the amount transferred over, so it is not free.
Never understood the minimum payments exactly. Do I need to constantly be paying something off for the duration of the 25 months or I lose the promotional offer?
tomsgotpowers03/01/2020 11:40

Never understood the minimum payments exactly. Do I need to constantly be …Never understood the minimum payments exactly. Do I need to constantly be paying something off for the duration of the 25 months or I lose the promotional offer?


It'll be in the terms somewhere that you need to pay off a minimum balance every month, it'll say how much that is and if you don't pay it off every month they'll come after you for the total amount as you're in breach of contract.

It's not a huge amount like 1% or £5 whichever is greater. So just pay it off and it'll remain interest free for the duration of the agreement. Basically a free loan.
Edited by: "johnsquire334" 3rd Jan
mutley103/01/2020 10:44

my purchases on TCB always track but the pay out is the problem. wondered …my purchases on TCB always track but the pay out is the problem. wondered how good barclaycard is at coughing up promised cashback. i would not be interested in an interest free period card, but i would be interested for the cashback. so i would like to see what is the likelihood of this cashback paying out. someone has now said they their claim tracked but was not paid out.


True - I've very rarely had an issue with that on TCB, and have claimed nearly £1k in total on my account over the years so will have to wait and see.
Maybe I am getting mixed up with another product, but didn't this card (or a version of it) have zero foreign usage/currency fees?
If like me you're self employed they will request your tax returns to prove income if not then bank statements, they accept you put a small credit limit until income approved then offer you a massive limit. First known to do this.
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