Barclaycard Has Increased The Balance Transfer Period On Barclaycard Platinum
Released on: August 23, 2010, 5:15 am
Barclaycard has announced it is increasing the balance
transfer period on Barclaycard Platinum to 16 months at 0% for new
customers with a handling charge of 2.9%.
Barclaycard Platinum also offers 0% interest on purchases for the first three months
and a typical APR of 16.9%.
The extension of balance transfers to 16 months provides customers with an
affordable way to manage their finances without incurring extra interest. The
handling charge of just 2.9% makes it easy for customers to make the move as well as
saving them money. Purchases over the first three months will also be interest free,
with typical interest at 16.9%.
In addition to the extended 0% balance transfer offered by
Barclaycard Platinum, customers will benefit from the broadest rewards scheme in the
UK. Barclaycard Freedom provides Reward Money in pounds and pence in thousands of
retailers across the UK without the need to carry additional credit cards or vouchers.
Customers will also enjoy the flexibility of contactless technology: payments of £15
and under can be made by simply holding the credit card over the contactless
reader; all backed up by Barclaycard’s advanced security and fraud prevention
Full details of cards and instructions on how to apply online can be found on the
Barclaycard, part of Barclays Global Retail Banking division, is a leading global
payment business which helps consumers, retailers and businesses to make and accept
payments flexibly, and to access short-term credit when needed.
The company is one of the pioneers of new forms of payments and is at the forefront
of developing viable contactless and mobile payment schemes for today and cutting
edge forms of payment for the future. It also issues credit and charge cards to
corporate customers and the UK Government. Barclaycard partners with a wide range
of organisations across the globe to offer their customers or members payment
options and credit.
In addition to the UK, Barclaycard operates in the United States, Europe and Africa.
Key facts published in August 2010;
- number of UK customers: 11.1m
- number of International customers: 10.5m
- number of retailer/merchant relationships: 85,000
Barclaycard Press Office
1234 Pavilion Drive
+44 (0)1604 25 1229
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