Barclaycard Platinum 15 Month No Fee Balance Transfer Visa review 2021

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With 0% interest periods on both balance transfer and purchases, this Barclays credit card is a double-whammy when it comes to reducing interest.

You say: ★★★★★We say: ★★★★★

Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a., your representative rate is 21.9% APR (variable).

15 months

0% interest on balance transfers


Balance transfer fee


Representative APR


Account fee


Annual/monthly fees£0
Min credit limit£50
Max credit limitNot specified
Credit limit noteSubject to status
Purchases0% for 6 months reverting to 21.9%
Purchases interest-free period (days)56
Balance transfers0% for 15 months reverting to 21.9%
Additional cards available4

Expert review

Tom Stelzer

Review by

Tom Stelzer is a writer for Finder specialising in personal finance, including loans and credit, as well as small business and business loans. He has previously worked as a freelance writer covering entertainment, culture and football for publications like FourFourTwo and Man of Many. He has a Master of Media Arts and Production and Bachelor of Communications in Journalism from the University of Technology Sydney.

Expert review

When it comes to managing your spending, a 0% interest period on purchases can be extremely helpful, and this Barclaycard Platinum credit card offers exactly that, albeit only for a limited period.

And if you currently have existing credit card debt, you can also get a 0% interest period when moving your existing balance over, with no additional fees.

Ultimately, if you’re looking for both of the above, then this Barclaycard should make a good all-rounder option. But if you’re more specifically looking for either balance transfers or 0% purchases, there’s dedicated cards for both that may offer better terms.

The Barclaycard Platinum 15 Month No Fee Balance Transfer Visa is issued on the Visa network (used by a whopping 3.3 billion cards), so you'll be able to use it at more than 46 million merchants across more than 200 countries and territories.

Pros and cons


  • Customers report excellent customer service when dealing with Barclaycard
  • Over a year of 0% interest to focus on reducing existing card debt
  • Six months to spread the cost of purchases
  • No balance transfer fee
  • No annual fee


  • Minimum annual income requirement of £20,000
  • You may be offered an opening credit limit as low as £50

Repayment options

You can make manual repayments through Barclaycard's app, by logging in to your online banking or over the phone (0800 731 0200). Alternatively you may wish to set up a direct debit.

A direct debit protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee (£12) or losing any promotional rates as a result.

You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.

Choose from the following direct debit options for your monthly repayments:

Minimum amount Fixed amount Fixed percentage Full amount

How to apply

If you've compared cards and settled on the Barclaycard Platinum 15 Month No Fee Balance Transfer Visa, completing the secure online application form takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you'll need to make the process as straightforward as possible.

Frequently asked questions

What credit limit will I get with the Barclaycard Platinum 15 Month No Fee Balance Transfer Visa?

If Barclaycard is able to offer you this deal, the offer will specify a personalised credit limit based on Barclaycard's assessment of your situation. The minimum limit offered on this card is £50 and Barclaycard does not specify a maximum. Once you've had the card for a while and shown Barclaycard that you're reliable, you may wish to apply for a credit limit increase.

Can I withdraw cash using the Barclaycard Platinum 15 Month No Fee Balance Transfer Visa?

Although it's possible, withdrawing cash from a credit card account is generally not a good idea, as "cash-like transactions" (withdrawing cash at an ATM, getting cashback at the till, spending at a casino, buying currency, etc.) often incur steep fees and/or higher rates of interest.

The cash advance fee on the Barclaycard Platinum 15 Month No Fee Balance Transfer Visa is 2.99% (min. £2.99). For example, if you withdraw £50, you'll incur a fee of £2.99. Withdraw £250, and you'll incur a fee of £7.48.

The interest rate on this part of your balance will be 21.9%, which is the same as the standard purchases rate (chargeable from the day of the transaction – the card's usual "up to 56 days interest-free" grace period won't apply).

How much does it cost to use the Barclaycard Platinum 15 Month No Fee Balance Transfer Visa abroad?

Non-sterling transactions are subject to a 2.99% charge. For example, if you spend 200 euros (£178.59), it'll cost you around £5.34.

What is the minimum payment on the Barclaycard Platinum 15 Month No Fee Balance Transfer Visa?

Each month you must pay at least 2.25% of your balance at that point or £5.00 – whichever of the two figures is greater. So if you had, say, £200.00 outstanding, you'd pay £5.00, and if you had £888.89 outstanding, you'd pay £20.00.

Paying only the minimum required amount each month is generally not advisable as it makes it much harder to get debt-free before that introductory 0% period expires.

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