Barclaycard has launched a new Platinum card with the longest ever 0% balance transfer period. This is the first time that a 2 year balance transfer card has been launched in the UK market, and is significantly longer than the period offered on other cards. This unmissable new offer is available for a limited time only.
Furthermore, when customers apply for the card directly through Barclaycard.co.uk they will receive an enhanced offer. In addition to the 2 year 0% offer they will receive an exclusive discount of £20 off the 2.8% handling fee, if they transfer more than £3,000. That means a customer transferring £3,000 would effectively be paying a low 2.1% fee. The Barclaycard Platinum card also offers 0% on purchases for the first three months and a typical APR of 17.9% variable.
Dave Chan, CEO of Barclaycard Customer Europe:
“Our aim is to make the lives of our customers much easier by providing outstanding market leading products and services. We know that a lot can change in 2 years, but with this limited time offer we give customers the opportunity for 2 years of savings with Barclaycard. Customers can also make additional savings by applying directly through barclaycard.co.uk where a further exclusive discount will be available”
A new Barclaycard Platinum customer transferring £3,000 from a competitor’s credit card with an APR of 18.9% will make significant savings. A massive £935 in interest payments will be saved over the 24 month period. If this customer applies directly through barclaycard.co.uk they will also benefit from the additional £20 discount on their balance transfer fee, effectively reducing their fee to 2.1%, paying £64 instead of £84.
Click here for full details of cards and to apply online.
Barclaycard, part of Barclays Retail and Business Banking, is a leading global payment business which helps consumers, retailers and businesses to make and accept payments flexibly, and to access short-term credit when needed.
The company is one of the pioneers of new forms of payments and is at the forefront of developing viable contactless and mobile payment schemes for today and cutting edge forms of payment for the future. It also issues credit and charge cards to corporate customers and the UK Government. Barclaycard partners with a wide range of organisations across the globe to offer their customers or members payment options and credit.
In addition to the UK, Barclaycard operates in the United States, Europe and Africa.
Key facts published in February 2012;
- number of customers: 23.5m
- number of retailer/merchant relationships: 87,000
Barclays.com