Barclaycard
Enjoy up to 24 months 0% interest on purchases, 21 months for balance transfers (3.45% fee), and competitive APR from 24.9%. Credit limit up to £1,200.
The Barclaycard Platinum Purchase and Balance Transfer credit card offers a headline-grabbing 0% interest for up to 24 months on purchases and up to 21 months on balance transfers. Most accepted applicants receive a representative APR of 24.9% (variable) alongside a starting credit limit of £1,200. To qualify for the maximum balance transfer term, transfers must be completed within 60 days. A transfer fee of 3.45% applies, and terms may vary depending on your financial situation and borrowing history.
How to Apply: Step by Step
To apply, use the Barclaycard pre-application eligibility checker, which does not impact your credit score. You’ll need to be over 18, have your address history for the last two years, employment and income details, plus outgoings and main bank account information. The application can be completed in just a few minutes online, and, if approved, your card can arrive within a week.
Key Advantages
This card stands out with its long 0% purchase period, giving you extra financial flexibility for large or planned purchases. The extended up to 21 months 0% on balance transfers can help reduce costs when transferring existing high-interest debt.
Added perks like exclusive ticket access, fraud monitoring, and the option to share the card with an additional cardholder enhance convenience and peace of mind for everyday users.
Considerations
The 3.45% balance transfer fee may offset some savings if you plan to transfer a sizeable balance. Also, the promotional 0% rates are reserved for new customers, so existing Barclaycard holders are not eligible.
If you do not clear transferred balances or new purchases before the 0% period ends, the standard APR will apply. Additionally, your offer may be different depending on your individual financial circumstances.
Our Verdict
Barclaycard Platinum Purchase and Balance Transfer is a competitive choice for shoppers and those managing debt. Its mix of long 0% promotional periods, exclusive perks, and eligibility tools make it attractive for a wide range of applicants.
However, always factor in the transfer fee and ensure the terms suit your repayment plans. This offer can provide significant breathing room for careful spenders.