Barclaycard Realignment

pwuk

I had four different Barclaycard with varying limits and APRs.

I was thinking of closing three of the accounts that were clear but contacted Barclaycard to see if they would adjust the total available balance to just one account with the lowest APR of all.

Barclaycard call this a 'realignment' and were able to grant my request, subject to underwriters approval, which occurred within 24 hours.

Just thought that some of you may find this of interest as many people have more than one Barclaycard. I think the only caveat is that you need to have clear balances to enable realignment and also instruct for other accounts to be closed following the adjustment.

For info only.

Rupert_Bear

pwuk wrote: »

I had four different Barclaycard with varying limits and APRs.

I was thinking of closing three of the accounts that were clear but contacted Barclaycard to see if they would adjust the total available balance to just one account with the lowest APR of all.

Barclaycard call this a 'realignment' and were able to grant my request, subject to underwriters approval, which occurred within 24 hours.

Just thought that some of you may find this of interest as many people have more than one Barclaycard. I think the only caveat is that you need to have clear balances to enable realignment and also instruct for other accounts to be closed following the adjustment.

For info only.

Brilliant idea! I have 4 Barclaycards and 2 aquired through them buying other companys. However I would not do what you have done because on the 4 cards I get different promo rates and if BC note one card or how many have not been used for a while they give you a more generous promo rate.

Also by keeping to 4 I have something to bargain with if I decide to give one up and phone them they are likely to offer me some kind of incentive to stay with them.

True what they say about not putting all your eggs (or cards) in one basket.