Barclaycard Extends Zero Balance Transfer Deal
Published: 5 April 2011 By MoneyHighStreet Staff Leave a Comment
Barclaycard is re launching its 18 month 0% balance transfer deal for new customers applying for the Barclaycard Platinum credit card.
Effective from today, new customers applying for the Barclaycard Platinum credit card will benefit from an 18 month 0% balance transfer period.
Customers should note that there is a 2.9% handling fee for transferring your balance to the Barclaycard Platinum credit card.
This deal also comes with a three month interest free period on purchases. A rate of 16.9% representative APR will then apply, should monthly statements not be paid in full.
The 18 month 0% balance transfer offer will run alongside the existing twenty month 0% balance transfer deal, however an interest rate of 17.9% applies to the longer interest free period.
Multiple balance transfers are possible, with a 25% discount on the handling fee applicable until 3 May 2011, however the maximum balance transfer permitted is 90% of the total credit limit.
To apply for a Barclaycard Platinum credit card you will need a good credit history and a minumum salary of £20,000.