Barclaycard
0% interest for up to 24 months on purchases and up to 21 months on balance transfers. 3.45% fee applies to transfers. Representative 24.9% APR (variable).
Introducing the Barclaycard Platinum Purchase & Balance Transfer Offer
The Barclaycard Platinum Credit Card stands out with its compelling introductory offer. Enjoy up to 24 months of 0% interest on purchases and up to 21 months 0% on balance transfers, subject to eligibility.
This card features a 3.45% transfer fee on each balance transfer. The standard representative APR is 24.9% (variable), calculated from a representative example with a £1,200 credit limit.
Approval and the length of 0% periods depend on your personal credit history and financial situation. Some applicants may not receive the maximum terms stated.
Applicants must complete balance transfers within 60 days to access the full 0% offer. Criteria for acceptance include adequate income, financial stability, and suitable credit score.
Barclaycard offers a quick online eligibility checker so you can determine your likelihood of being approved without affecting your credit score.
How to Apply for the Barclaycard Platinum
Start by using the eligibility checker to gauge your chance of approval. This step only takes a few minutes and leaves no mark on your credit file.
Once eligible, gather your personal and financial details, including address history for the past two years, employment info, and income numbers.
Apply online by providing the required information. Often, you’ll receive an instant decision, although in some cases additional proof may be necessary.
If approved, you’ll receive your new Barclaycard within seven working days. You can then manage your card and statements through the secure online portal.
Don’t forget: complete any balance transfer within 60 days of account opening to benefit from the full 0% introductory period.
Key Pros of the Platinum Card
The long 0% interest periods on both purchases and balance transfers make this card a strong contender for those wanting to spread out payments.
Additional perks include cashback rewards at selected retailers, access to special events, fraud monitoring 24/7, and a simple fee structure for overseas spending.
Potential Cons to Consider
Not all applicants qualify for the maximum promotional periods; depending on your credit status, you may receive a shorter 0% deal and a higher APR.
Balance transfers incur a 3.45% fee, which is fairly standard but still an extra cost to consider if moving large balances.
Our Verdict
If you want to finance a large purchase or transfer a balance and pay it off interest-free, the Barclaycard Platinum is a robust choice. Use the eligibility checker to ensure the deal is right for you.
