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Barclaycard Initial APR

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omas
omas Posts: 164 Forumite
Hi, I just called to close my Barclaycard Initial account. I've been transfered to redemption team and offered 6 months 0% for purchases or APR reduction. I take the second option and my rate dropped down to 21.9%. Lady on the phone said she can only drop interest by 8%, but I can call in some 3-4 months for any further decrease. HTH

Comments

  • trikidy
    trikidy Posts: 289 Forumite
    Interesting, thanks.
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  • sivs
    sivs Posts: 247 Forumite
    Part of the Furniture 100 Posts
    Barclaycard are good like that I had did the same, called up to close my account and they offered me £100, a few months later did the same and got £50.00

    Going to leave it a while longer and see what I get next time.
  • JDC14
    JDC14 Posts: 439 Forumite
    Part of the Furniture
    How long did you guys have the card before doing it?

    I've had mine about 8 months and have held a balance on it for the last 2-3 months, partly due to an error with their payment system.

    But I wouldn't mind getting a free £50+ off them. Should I be clearing the balance before telling them I want to close?
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