ive got a barclaycard, but want another

Nix1982

Ive got a barclaycard and have had the account for a number of years now never missed a payment (got 3k on the card) and i want to know if i can apply for a barclaycard simplicity with the interest rate of 6.8% for the life of the balance.

i heard somewhere that if i rang barclaycard and said i was going to transfer my balance to another card, but liked the idea of the simplicity card they might transfer the balance onto the simlicity deal. is this possible

Nick

NickH1982

Can anyone help me on this?

latecomer

Why not just give them a phone and ask? If you have never missed a payment, are on the electoral register and earning then why not consider applying for another 0% card and transfer the balance rather than paying approx 7%?

dhassen

latecomer wrote: »

Why not just give them a phone and ask? If you have never missed a payment, are on the electoral register and earning then why not consider applying for another 0% card and transfer the balance rather than paying approx 7%?

I guess the OP wants the security of the LOB....... but yea I agree, give them a ring and ask nicely!

NickH1982

I would like really to get another card with a 0% balance transfer, but ive also got anothe card with 3k on, and ive just applied for a lyods tsb platinum and they have only give me credit limit of 1.5k so im going to have to see if they will increase my limit

Moggles_2

Nix1982 wrote: »

I want to know if I can apply for a Barclaycard Simplicity with the interest rate of 6.8% for the life of the balance.

A life-of-balance card charges a fixed interest rate for the life of the balance(s) transferred. With Barclaycard Simplicity, your standard APR is variable. This means B'card reserves the right to vary your interest rate, up or down, at any time :eek:

Moggles_2

NickH1982 wrote: »

I would like really to get another card with a 0% balance transfer, but I've also got another card with 3k on and I've just applied for a Lloyds Tsb platinum and they have only given me a credit limit of 1.5k ..

Which credit cards - besides Barclaycard and Lloyds Tsb - do you have at the mo?

NickH1982

ive got a standard barclaycard with 3k on (4.5k limit) and a virgin cc just coming out of the 0% deal with 3k on (4.8k limit)

and just got a lyods tsb platinum to try shift the balance of the virgin card to the 0% rate, but they have only give me a credit limit of 1.5k

Moggles_2

NickH1982 wrote: »

I've got a standard Barclaycard with 3k on (4.5k limit) and a Virgin cc just coming out of the 0% deal with 3k on (4.8k limit) and just got a Lloyds Tsb platinum to try shift the balance of the Virgin card to the 0% rate, but they have only given me a credit limit of 1.5k

If the worst happens, Martin's advice is to transfer what you can. Don't leave an offer unused out of exasperation. It's already on your credit file, so you may as well use it (See Martin's *Credit Card Limit: didn't get what you wanted?* article ) You'll still save money.

To maximise the 0% period on BTs, 15 months is currently available to new customers from Halifax. There's a 3% handling charge

http://www.halifax.co.uk/creditcards/pluscard153.asp

NickH1982

would it not be a good idea to ask for a higher credit limit?

NickH1982

Moggles wrote: »

A life-of-balance card charges a fixed interest rate for the life of the balance(s) transferred. With Barclaycard Simplicity, your standard APR is variable. This means B'card reserves the right to vary your interest rate, up or down, at any time :eek:

so if i change to the 6.9% deal - can they change the rate of what i have transfered or just new spends on the card?