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Handling fee?

Good morning, i have just got a barclaycard 24 month 0% interest fee free account. I am looking at balance transferring my next account approx £450 and I have just been told that there will be a 2% handling charge? How can this be on a fee free balance transfer account?

Comments

  • Because they refund the fee.
  • bengal-stripe
    bengal-stripe Posts: 3,354 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 28 February 2017 at 12:14PM
    Russward74 wrote: »
    i have just got a barclaycard 24 month 0% interest fee free account...... I have just been told that there will be a 2% handling charge? How can this be on a fee free balance transfer account?

    The balance transfer is interest free for 24 months. There is usually a one-off transfer fee to pay, between 2 and 3% (although sometimes an offer might be transfer-fee free).

    I don't think you can transfer a balance to a Next (retailer) card as this is a store card, not a credit card.
  • molerat
    molerat Posts: 35,072 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Could it be this one ?
    • 0% interest for 24 months on balance transfers made within 60 days of opening your account (0% fee applies). A fee of 2% will be applied to your account at first, but you'll only pay 0% as we'll refund the difference – terms and conditions apply
  • cooltt
    cooltt Posts: 852 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Because they refund the fee.

    lol, dropped the ball on that one.
  • it refunds within a day or 2.
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