Credit cards Date:
Barclaycard has reduced the introductory balance transfer fee on its 0% interest purchase and balance transfer credit card, which has resulted in it zooming to the top of the Best Buy charts in its sector.
The Barclaycard Platinum Purchase and Balance Transfer Visa has seen its introductory balance transfer fee reduced to 2.45%, while keeping its introductory interest-free term at 25 months for both balance transfers and purchases.
Balances must be transferred within 60 days of account opening in order to benefit from the offer. After the introductory periods have ended, balance transfers will be charged at an annual rate of 18.9% and standard purchases will be charged at 18.9% APR.
Borrowers must be at least 18 years old and have a minimum income of £20,000 to apply, and should remember that rates are representative and dependent on credit ratings.
By amending its introductory fee, this credit card now offers the most attractive deal to customers looking to secure interest-free balance transfers and purchases, securing its outstanding Moneyfacts rating and deservedly moving it to the top of the charts.
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 Any products featured may be withdrawn by their provider or changed at any time.
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