Approval for any credit card will depend on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.
Barclaycard Platinum 15 Month No Fee Balance Transfer Visa review
This card is no longer available, but you can use our review to find alternatives.
The Barclaycard Platinum 15 Month No Fee Balance Transfer Visa has been discontinued and is no longer available. However, this information has been kept for historical purposes. You can use this page to compare similar cards from other issuers.
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
0%
Balance transfer fee
21.9%
Representative APR
£0
Account fee
Details
| Issuer | Barclaycard |
|---|---|
| Network | Visa |
| Annual/monthly fees | £0 |
| Minimum credit limit | £50 |
| Maximum credit limit | Not specified |
| Credit limit note | Subject to status |
| Purchases | 0% for 6 months reverting to 21.9% |
| Purchases interest-free period (days) | 56 |
| Balance transfers | 0% for 15 months reverting to 21.9% |
| Additional cards available | 4 |
Review by
Tom Stelzer
tom.stelzer@finder.comTom 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 are dedicated cards for both that may offer better terms.
Pros and cons
Pros
- 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
Cons
- Minimum annual income requirement of £20,000
- You may be offered an opening credit limit as low as £50
Other balance transfer deals
Table: sorted by length of 0% balance transfer offer, promoted deals first
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 losing your promotional interest rate as a result (as well as damaging your credit score and incurring the late payment fee of £12). You could use a fixed-amount direct debit to ensure you've cleared your debt before the 0% period expires – simply divide your outstanding balance by 15 to see what you'll need to pay each month (this assumes you don't use the card for additional spending).
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
Sorry – Barclaycard is no longer accepting applications for this card. However you may wish to consider one of the alternatives listed above.
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" (such as withdrawing cash at an ATM, getting cashback at the till, spending at a casino or buying currency) 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 purchase 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 (which is very standard). For example, if you spend 200 euros (£176.65), it'll cost you around £5.28 in fees.
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 2 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.
Finder credit card ratings
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Our experts score balance transfer cards to determine their value against similar products on the market. We look at a number of important factors, like the length of the balance transfer offer, the balance transfer fee, any restrictions to making a transfer, plus the potential costs involved with running the card both in the short and longer term.
You can read more about our scoring criteria on our credit card methodology page.
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.