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B/T offer lengths shortening!
onlyfoolsandparking
Posts: 1,779 Forumite
in Credit cards
Having just logged into my MBNA account I notice my B/T and M/T offers have changed, gone from 18 months 0% to 16 months 0%. Luckily I'm not in any need of one at the moment but it looks like lenders are tightening up already. my advice FWIW is if you need one and are currently being offered one take it now!
2
Comments
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All my Barclaycard offers have disappeared.
I've had offers on Balance and Money transfers for as long as I can remember.
We were looking to use the 18 month 0% money transfer in a couple of weeks as were getting the patio done for summer!0 -
I'm surprised there are any left to be honest. I'd expect them to dry up completely over the next few weeks / months. I've just checked and my Barclaycard ones have gone as well.
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I have had 0 balance on my Barclaycard for a while now ( use monthly but pay off in full). Never had any offers on there until this week. Offered 3 month purchase 0% and 18 months 0% BT.0
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I made a BT about 10 days ago even though my existing offer still had three months to run. Looks like I got in just in time!0
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Mine has gone to 14 months too - and the 0% fee option has gone from 3.9 to 4.9% APR
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After my MBNA statement generated my offers have now decreased AGAIN!!! from 16 months to 12, looks like they are really tightening up now. Interestingly I have a Barclaycard with a 0% deal which expires 1st May 20 I have one payment to make this month to avoid any interest and fortunately I am in a position to pay it BUT have just received a txt saying they are extending my CURRENT 0% deal by 3 months, never had that before, I know its obviously down to current pandemic but it just goes to show they can help if they want to, well done Barclaycard.1
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