Credit cards Date:
Barclaycard has launched a new 0% interest credit card, which boasts competitive introductory deals on both purchases and balance transfers. This combination has made it competitive enough to earn our highest rating as well as the number two spot in the Best Buy chart for its sector.
The Barclaycard Platinum 27 Purchase and Balance Transfer Visa has an introductory interest-free term of 27 months on both purchases and balance transfers, which sees it sit just behind the market-leader for its terms. It comes with an introductory balance transfer fee of 2.49% (after a partial refund).
Balance transfers must be made within 60 days in order to qualify for the offer, with a minimum transfer amount of £100. After the introductory periods have ended, balance transfers will be charged at an annual rate of 18.9%, but without a fee, and standard purchases will be charged at 18.9% APR.
Barclaycard offers additional services including free access to your Experian Credit Score and Fee Free Friday, whereby you can buy show and gig tickets without paying admin fees and benefit from presale tickets.
Borrowers must be at least 18 years old and should remember that rates are representative and dependent on credit ratings.
The combination of more than two years interest-free on purchases and balance transfers makes this credit card highly appealing, and as such it comfortably earns the number two position in the charts as well as our highest rating.
Moneyfacts rating: Outstanding
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
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