Barclaycard Platinum 27 Month Purchase and Balance Transfer Visa review April 2019

Barclaycard Platinum 27 Month Purchase and Balance Transfer Visa
Barclaycard Platinum 27 Month Purchase and Balance Transfer Visa
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Cut interest payments on existing card debt and spread the cost of upcoming expenditure with this “matched” Barclaycard.

If you’re looking to reduce the interest that you’re currently paying on card debt, then a balance transfer deal can be a smart choice – buying you time to focus on clearing the debt. If you think you might also need to use the card for upcoming purchases (or if you’d just like to have the option), then “matched” or “balanced” cards can offer an introductory 0% interest period that applies to both existing and new balances.

There is a balance transfer fee of 2.7% for transfers in first 60 days to consider, and it’s also important to remember that if you don’t clear your balance in full within the 27 months, any outstanding balance will start to accrue interest at the card’s standard rate.

While you’re paying off any balance(s) you’ve transferred, you’ll still be able to enjoy up to 56 days of 0% interest on new purchases, provided you pay them off in full and on time each month.

Like all Barclaycards, this card comes with a number of handy extras, including pre-sale tickets and discounts on selected gigs and festivals through Barclaycard entertainment.

Key details

IssuerBarclaycard
NetworkVisa
Annual/monthly fees£0
Balance transfers0% for 27 months reverting to 19.9%
Balance transfer fee2.7% for transfers in first 60 days
Purchases0% for 27 months reverting to 19.9%
Purchases interest-free periodUp to 56 days
Cash advances27.9%
Min. credit limit£50
Max credit limitNot specified
Additional cards available1
IncentiveBuy tickets for up to 3500 selected live events through Barclaycard entertainment and get 5% off tickets per year and exclusive pre-sale tickets on selected festivals with 10% off ticket prices.
Annual/monthly fees£0
Balance transfer fee2.7% for transfers in first 60 days
Foreign usage charge (EU)2.99%
Foreign usage charge (rest of world)2.99%
Cash advance fee2.99% (min. £2.99)
Late payment fee£12
Duplicate statement fee£2
Exceeding limit fee£12
Additional card fee£0
Replacement card fee£0
Dormancy fee£0
Minimum Age21
Minimum income£20,000
AvailabilityAvailable to new customers
Representative example: When you spend £1,200 at a purchase rate of 19.9% (variable) p.a., your representative rate is 19.9% APR (variable).
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Pros and cons

  • Long interest-free period on both balance and purchases (27 months)
  • No annual fee
  • Exclusive discounts and pre-sale tickets for selected live events
  • Online banking and mobile app to manage your card
  • 2.99% fee on overseas transactions
  • Balance transfer fee of 2.7% for transfers in first 60 days
  • Designed for saving you money on interest, there are few rewards for spending with this card
  • Only available to new customers

Compare other cards with “matched” 0% deals

Comparison ordered by representative APR with affiliated products shown first.
Updated April 19th, 2019
Name Product Purchases Balance transfers Annual/monthly fees Rep. APR Incentive Representative example
0% for 27 months reverting to 19.9%
0% for 27 months reverting to 19.9%
£0
19.9%
Buy tickets for up to 3500 selected live events through Barclaycard entertainment and get 5% off tickets per year and exclusive pre-sale tickets on selected festivals with 10% off ticket prices.
Representative example: When you spend £1,200 at a purchase rate of 19.9% (variable) p.a., your representative rate is 19.9% APR (variable).
0% for 20 months reverting to 19.9%
0% for 20 months reverting to 19.9%
£0
19.9%
Earn 1 point for every £1 spent at Marks and Spencer's and 1 point for every £5 spent elsewhere. 100 points = £1 reward voucher. Points will be converted into reward vouchers 4 times a year.
Representative example: When you spend £1,200 at a purchase rate of 19.9% (variable) p.a., your representative rate is 19.9% APR (variable).
0% for 20 months reverting to 18.9%
0% for 20 months reverting to 18.9%
£0
18.9%
Receive regular offers and discounts from top brands.
Representative example: When you spend £1,200 at a purchase rate of 18.9% (variable) p.a., your representative rate is 18.9% APR (variable).
0% for 24 months reverting to 19.9%
0% for 24 months reverting to 19.9%
£0
19.9%
Representative example: When you spend £1,200 at a purchase rate of 19.9% (variable) p.a., your representative rate is 19.9% APR (variable).
0% for 20 months reverting to 19.94%
0% for 20 months reverting to 19.94%
£0
19.9%
Representative example: When you spend £1,200 at a purchase rate of 19.94% (variable) p.a., your representative rate is 19.9% APR (variable).
0% for 20 months reverting to 19.95%
0% for 20 months reverting to 19.95%
£0
19.9%
Representative example: When you spend £1,200 at a purchase rate of 19.95% (variable) p.a., your representative rate is 19.9% APR (variable).
0% for 20 months reverting to 19.95%
0% for 20 months reverting to 19.95%
£0
19.9%
Representative example: When you spend £1,200 at a purchase rate of 19.95% (variable) p.a., your representative rate is 19.9% APR (variable).
0% for 20 months reverting to 19.95%
0% for 20 months reverting to 19.95%
£0
19.9%
Representative example: When you spend £1,200 at a purchase rate of 19.95% (variable) p.a., your representative rate is 19.9% APR (variable).

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Repayment options

When it comes to repayments, you can make manual repayments online or over the phone (0800 731 0200), or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee 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 for the Barclaycard Platinum 27 Month Purchase and Balance Transfer Visa

If you have compared cards and want to apply, completing the secure online application form takes about 15 minutes. Before you apply, it’s a smart idea to quickly use the “eligibility checker”, which can give you a good idea of your chances of approval before you apply. Crucially, because it uses a “soft” credit search, this tool won’t affect your credit score.

*Disclaimer: The offers compared on this page are chosen from a range of products finder has access to track details from and is not representative of all the products available in the market. Unless indicated otherwise, products are displayed in no particular order or ranking. The use of terms "Best", "Top", "Cheap" including variations, are not product ratings and are subject to our terms of use. You should consider seeking independent financial advice and consider your personal financial circumstances when comparing products.

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