Barclaycard Simplicity
From Barclaycard
Summary
Barclaycard Simplicity is provided by Barclaycard.
The representative APR is 7.9%APR variable.
The representative APR is 7.9%APR variable.
How long will it take to repay with the Barclaycard Simplicity
Fixed payment
By switching to the Barclaycard Simplicity, 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 12 years and 1 month to repay, costing you a total of £1,346 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 (2)
"Declined :("
I have a good credit rating and earn a good salary but I was declined!
"Guest review for Barclaycard Simplicity"
Applied for this recently, I have a really good credit history but didn't get accepted. Bit disappointed as card has a great APR . Guess it must have a v strict criteria, did get accepted for and asda one with 12 months 0% on balance transfers though
Rates & Charges
Introductory rates
Balance transfers
Not available
Balance transfer fee
Not available
Purchases
Not available
Ongoing rates
Typical APR
7.9%
Balance transfer rate
Balance transfer fee
Unknown
Balance transfer limit
90%
Cash advance rate
15.8%
Fees and Charges
Annual fee
£0
Cash advances
2.5% or £2.5 minimum 19 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
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 Point Descriptions
Details not provided.
Rewards Shopping Descriptions
Barclaycard Freedom - Unlike other schemes that use points or fiddly vouchers, whenever you shop at one of the participating retailers, you'll earn £1 of your purchase price as Reward Money (except 0.5 at Shell). Then you can redeem it automatically in selected stores. What could be simpler?
Better deals on balance transfers
Better deals on purchases
