Barclaycard v Nationwide

xcz8656

Hi everybody,
I was wondering if anyone had any thoughts on the following. I recently conducted two balance transfers one to MBNA and one to Barclaycard for the same amount 0% interest for fixed period etc. Minimum payment to MBNA is circa £80.00 but to Barclaycard is £208.00. On reading the Barclaycard Statement I am on 0% interest but subject to simple standard rate of 17.62%. Did I miss something in the small print? My second question is as a long standing customer of nationwide I have an 18 month 0% offer available to me which I would consider changing to but given the above I am unsure of what my minimum payments would be and am wary of moving from frying pan to fire. Is there a calculator for minimum payments both cards will be clear by Aug 19. Appreciate your thoughts - Jon

[Deleted User]

You missed the fact that Barclaycard has a higher minimum payment. This has nothing to do with the promo rate.

The card terms will make this clear for each.

xcz8656

Thank you ZX81 - I did indeed miss it actually it wasn't something I considered.