Any news on the BarclayCard Flexi-rate card?

nads

Read on This is Money that Barclaycard have launched yet another card which gives you a lower apr of 12.9% for paying more than the minimum amount. It's called Flexi-Rate and launched today.

I called BarclayCard asking if I could change my current card to this one, they had not even heard of it!

Those that only pay the minimum 2.5% are charged the full APR of 16.9%, while those that pay between 5.05% and 9.99% will be charged 12.9%. (Not quite sure what happens if you may more than 9.99%)

http://www.thisismoney.co.uk/credit-and-loans/debt-news/article.html?in_article_id=404572&in_page_id=62&ct=5

I won't be able to get one of the much lower ccs so this would be ideal for the time being.

YorkshireBoy

nads wrote:

(Not quite sure what happens if you may more than 9.99%)

The rate falls to 9.9% for customers who pay off more than 10% of their balance each month.

More details from the Barclays Newsroom here...

http://www.newsroom.barclays.co.uk/Content/Detail.asp?ReleaseID=476&NewsAreaID=2

andrewb_3

This product is available although is not currently available online. We're hoping to have this product available at https://www.barclaycard.co.uk within the near future.

Andrew Bond
Barclaycard

nads

Thanks for this info Andrew!

I'm goign to give BarclayCard a ring... see what may come

nads

Baah still very little info. They couldn't upgrade as the system would not allow and the person could not find the application form to apply for a new car which i don't wnat to do anyway.