Barclaycard Platinum Purchase
From Barclaycard
Summary
Barclaycard Platinum Purchase is provided by Barclaycard.
The representative APR is 18.9%APR variable.
New customers will receive an introductory balance transfer rate of 0% for 12 months and an introductory purchase rate of 0% for 12 months.
This makes Barclaycard Platinum Purchase a great option for people looking to transfer an existing credit card balance whilst using the card for purchases, within the promotional period.
The representative APR is 18.9%APR variable.
New customers will receive an introductory balance transfer rate of 0% for 12 months and an introductory purchase rate of 0% for 12 months.
This makes Barclaycard Platinum Purchase a great option for people looking to transfer an existing credit card balance whilst using the card for purchases, within the promotional period.
How long will it take to repay with the Barclaycard Platinum Purchase
Balance transfer
Purchases
Fixed payment
By switching to the Barclaycard Platinum Purchase, you could pay off £1000 in by budgeting £50 each month. This would effectively cost you £50.
Minimum payment
By comparison, if you only make the minimum payment each month, it would take 21 years and 8 months to repay, costing you a total of £2,555 on top of the original balance!
If this seems high, that's because your minimum payment is calculated as a percentage of your balance. This means each payment will be slightly lower than the month before which will have less effect on clearing your balance. So be smart and pay as much as you can afford!
Customer reviews (1)
"Guest's Barclaycard Platinum Purchase Card Review"
Have had a Barclaycard for over 15 years. But enough is enough. Although easy to manage online if EVER you need to ring the call centre the whole experience is total, utter, complete incompetence. So...as of this week am changing to UK call centre based credit card - hurray!!
Rates & Charges
Introductory rates
Balance transfers
0% for 12 months 47 cards better than this
Balance transfer fee
2.9% or £7.25 minimum 49 cards better than this
Purchases
0% for 12 months 5 cards better than this
Ongoing rates
Typical APR
Balance transfer rate
Balance transfer fee
2.5%
Balance transfer limit
90%
Cash advance rate
27.9%
Fees and Charges
Annual fee
£0
Cash advances
2.5% or £2.5 minimum 18 cards better than this
Foreign currency transactions
Late payment fee
£12
Over limit fee
£12
Returned payment fee
£12
Insurance and Protection
Payment protection
Payment protection
Free payment protection
Free warranty cover
Free price protection insurance
Online fraud protection
Online fraud protection
Travel insurance
Lost luggage cover
Travel delay insurance
Travel insurance upgrade
Requirements to qualify
Minimum credit history
Good
Minimum age
21
Minimum income
£20,000.00
Must be employed
Yes
Repayment
Interest charged from
Debit
Interest-free period
56 days
Interest-free period on cash advances
None
Time to make payment after statement date
25 days
Minimum payment
2.25% of balance or £5
Payment by direct debit
Available
Rewards
Rewards Shopping Descriptions
Barclaycard Freedom - a reward programme like no other.With Barclaycard Freedom you instantly earn Reward Money (Not points or fiddly vouchers) and can redeem it immediately in selected retailers.
Better deals on balance transfers
Better deals on purchases
