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Cancellation fee's

Hi there, first post, excellent site ... there is so much help here :j

Ok, down to business. I'm not in any serious debt, in fact, I'm practically a newbie to CC's, having only one. I currently have around 3k on my Barclaycard and the 0% offer runs out in August. I'm paying £100 a month off it.

I'm fully intending to apply for a Virgin card at the start of July and become a "tart". This will extend the 0% for another 9 months.

My question is : will Barclaycard charge me for cancelling my card with them? Why should the let me off scot-free when I have enjoyed just over 12months 0% with them?

cheers :beer:

Pete
Debt-free as of 01.10.08. I will never have a CC again and I'm "in the black" :beer:

Comments

  • dougk_2
    dougk_2 Posts: 1,403 Forumite
    No they will not charge you to cancel.
    They give you the 0% in order to try and get you to continue to use there services at a higher rate, or hope you forget to look for another deal!
  • ps_live
    ps_live Posts: 143 Forumite
    Hehe ... no chance of that. Speaking of which, after reading the Capital One 0% BT thread, I'm off to the newsagents after I finish work to shake some mags ... :money:

    cheers

    Pete
    Debt-free as of 01.10.08. I will never have a CC again and I'm "in the black" :beer:
This discussion has been closed.
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