Barclaycard Platinum Travel Credit Card 0% fees on spending and withdrawing cash abroad if you pay the balance in full
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Barclaycard Platinum Travel Credit Card 0% fees on spending and withdrawing cash abroad if you pay the balance in full

13
Found 21st Jul 2017
The Barclaycard Platinum travel card has no fees on spending or cash withdrawals overseas till August 2022, giving a decent amount of certainty.

And if you pay off your balance in full each month, you won't be charged interest on overseas cash you withdraw, unlike most cards, incl Halifax, which charge daily interest on cash until it’s paid off. Please note on UK withdrawals you will pay interest from the date of the transaction!

All-in, if you’d mainly spend on a card, Halifax win. Also, the fact it’s a Mastercard means it tends to beat the Visa rate Barclaycard has. But if you’ll mainly take out cash, Barclaycard’s zero interest if paid in full makes it a winner as you can wait for the statement when you get back!

Need-to-knows
  • There are no fees for spending or withdrawing cash abroad until 31 August 2022.
  • You don't get charged interest on spending or cash withdrawals abroad, provided you pay them off in full by the date shown on your statement.
  • Any cash withdrawals in pounds will be charged interest from the day you make them at 27.9% representative APR, so it's best to avoid.
  • The rate you'll get is set by Visa, which you can check here – it tends to be slightly lower than Mastercard's rate.
  • Make sure you pay off any purchases IN FULL or you'll be charged 19.9% interest, which'll quickly wipe the gain from this being fee free overseas.
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13 Comments
Good deal. I went for the other platinum card this week with 24 months 0% on balance transfers and purchases.
Please read what you type:

"the fact it’s a Mastercard means it tends to beat the Visa rate Barclaycard has."

But then you go on to type:
"The rate you'll get is set by Visa, which you can check here – it tends to be slightly lower than Mastercard's rate."


So who's rate "tends" to be lower?
Just as a point of clarity on the following statements:

The Barclaycard Platinum travel card has no fees on spending or cash withdrawals overseas till August 2022, giving a decent amount of certainty

But if you’ll mainly take out cash, Barclaycard’s zero interest if paid in full makes it a winner as you can wait for the statement when you get back!

There is definitely no 'currency' or interest due fee on an ATM withdrawal overseas but as far as I can tell from the Ts and Cs you will still pay a 2.99% cash withdrawal fee if you use an ATM abroad, unless I am misreading it, just thought it might be worth clarifying with Barclaycard as initially thought from your comments that ATM cash withdrawals abroad were free but am not so sure from reading their Ts and Cs?

Update - just spoke to Barclaycard, initially they told me that you do pay interest on cash withdrawals abroad from the date of withdrawal until payment but then after they checked the details on the card they assured me that there are ZERO charges, interest, conversion or withdrawal fees when taking cash from a foreign ATM provided you choose the 'currency' and do not select sterling value as some ATMs offer as an option.

In summary - fantastic card if you travel regularly and even better knowing you can take cash out and not pay for it for a while after you return potentially, nice find OP, heat added too.
Edited by: "nictry" 21st Jul 2017
nictry

Just as a point of clarity on the following statements:The Barclaycard … Just as a point of clarity on the following statements:The Barclaycard Platinum travel card has no fees on spending or cash withdrawals overseas till August 2022, giving a decent amount of certaintyBut if you’ll mainly take out cash, Barclaycard’s zero interest if paid in full makes it a winner as you can wait for the statement when you get back!There is definitely no 'currency' or interest due fee on an ATM withdrawal overseas but as far as I can tell from the Ts and Cs you will still pay a 2.99% cash withdrawal fee if you use an ATM abroad, unless I am misreading it, just thought it might be worth clarifying with Barclaycard as initially thought from your comments that ATM cash withdrawals abroad were free but am not so sure from reading their Ts and Cs?Update - just spoke to Barclaycard, initially they told me that you do pay interest on cash withdrawals abroad from the date of withdrawal until payment but then after they checked the details on the card they assured me that there are ZERO charges, interest, conversion or withdrawal fees when taking cash from a foreign ATM provided you choose the 'currency' and do not select sterling value as some ATMs offer as an option.In summary - fantastic card if you travel regularly and even better knowing you can take cash out and not pay for it for a while after you return potentially, nice find OP, heat added too.


excellent work!!!

Also don't forget The Barclaycard* Platinum travel card has no fees on spending or cash withdrawals overseas till August 2022,
blinko

excellent work!!!Also don't forget The Barclaycard* Platinum travel card … excellent work!!!Also don't forget The Barclaycard* Platinum travel card has no fees on spending or cash withdrawals overseas till August 2022,



Very droll!

The actual text from their website states No non-sterling transaction fees on your foreign spend and ATM withdrawals until 31 August 2022

If you actually read the Ts and Cs it is still not clear re ATM withdrawal fees and even the Barclaycard staff member wasn't sure and incorrectly provided charging information and had to check with a colleague as she couldn't confirm my question from their details about the card.
Edited by: "nictry" 21st Jul 2017
nictry

Just as a point of clarity on the following statements:The Barclaycard … Just as a point of clarity on the following statements:The Barclaycard Platinum travel card has no fees on spending or cash withdrawals overseas till August 2022, giving a decent amount of certaintyBut if you’ll mainly take out cash, Barclaycard’s zero interest if paid in full makes it a winner as you can wait for the statement when you get back!There is definitely no 'currency' or interest due fee on an ATM withdrawal overseas but as far as I can tell from the Ts and Cs you will still pay a 2.99% cash withdrawal fee if you use an ATM abroad, unless I am misreading it, just thought it might be worth clarifying with Barclaycard as initially thought from your comments that ATM cash withdrawals abroad were free but am not so sure from reading their Ts and Cs?Update - just spoke to Barclaycard, initially they told me that you do pay interest on cash withdrawals abroad from the date of withdrawal until payment but then after they checked the details on the card they assured me that there are ZERO charges, interest, conversion or withdrawal fees when taking cash from a foreign ATM provided you choose the 'currency' and do not select sterling value as some ATMs offer as an option.In summary - fantastic card if you travel regularly and even better knowing you can take cash out and not pay for it for a while after you return potentially, nice find OP, heat added too.



Thanks for checking this out, banks are very good at hiding fees. I took a card away with me last time that they told me had no transaction charges but when I got back there were conversion fees on my statement & they add up believe me.
No fees mate just don't use it in the UK where you'll pay a transaction fee and interest strsight away
MadeDixonsCry

Please read what you type:"the fact it’s a Mastercard means it tends to b … Please read what you type:"the fact it’s a Mastercard means it tends to beat the Visa rate Barclaycard has."But then you go on to type:"The rate you'll get is set by Visa, which you can check here – it tends to be slightly lower than Mastercard's rate."So who's rate "tends" to be lower?



Also try and read the whole article as it was from mse not just picking bits out! Ifs talking about a different card there

"And if you pay off your balance in full each month, you won't be charged interest on overseas cash you withdraw, unlike most cards, incl Halifax, which charge daily interest on cash until it’s paid off. Please note on UK withdrawels you will pay interests from the date of the transaction!

All-in, if you’d mainly spend on a card, Halifax win. Also, the fact it’s a Mastercard means it tends to beat the Visa rate Barclaycard has. But if you’ll mainly take out cash, Barclaycard’s zero interest if paid in full makes it a winner as you can wait for the statement when you get back!"

It might not be very clear but they are talking about the halifax clarity card the one which is a master card. Also as its mainly copy and paste then i can't read what i haven't typed as its copied i do try and make sure it makes sense though!
I have this credit card and it’s great! I travel abroad regularly and I prefer to use cash. It’s a phenomenal credit card for cash withdrawals and tends to beat Halifax Clarity (which I also own) rates for cash withdrawals as Halifax charges interest on cash withdrawals! Would recommend
Very good deal. This card really works.
jumpinoffthbed22nd Jul 2017

Thanks for checking this out, banks are very good at hiding fees. I took a …Thanks for checking this out, banks are very good at hiding fees. I took a card away with me last time that they told me had no transaction charges but when I got back there were conversion fees on my statement & they add up believe me.



jumpinoffthbed22nd Jul 2017

Thanks for checking this out, banks are very good at hiding fees. I took a …Thanks for checking this out, banks are very good at hiding fees. I took a card away with me last time that they told me had no transaction charges but when I got back there were conversion fees on my statement & they add up believe me.


Can usually avoided by paying in local currency (not sterling).
I have received mine 💳 today
landros127th Apr

Can usually avoided by paying in local currency (not sterling).


I always choose local currency to get the better exchange rate.
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