Barclaycard money transfer offer

Alex9384

Hi all. I've changed my Barclaycard from Platinum to Rewards and suddenly I have a new money transfer offer on it.
The transfer fee is only 2.6% which seems to be lower than any other money transfer cards advertised on comparison websites, which are between 3% and 4%.
I just wanted to ask whether some of you have ever been offered lower transfer fee than this, or if this is the best I can expect.

[Deleted User]

What other people have been offered is largely immaterial as everyone is judged on what the lender scores them internally, if I got 2% it wouldn't change anything about what you get, Barclays are not going to give you a different rate. 3.1% is mine for what it is worth but I have no use for it.

Alex9384

Deleted_User said:

What other people have been offered is largely immaterial as everyone is judged on what the lender scores them internally, if I got 2% it wouldn't change anything about what you get, Barclays are not going to give you a different rate. 3.1% is mine for what it is worth but I have no use for it.

So you have the same offer just with a higher fee?

Alex9384

OK, here are some examples on their website.
They say the fee is usually between 1.9% and 2.9%, so mine is actually not the best available.

cymruchris

Alex9384 said:

OK, here are some examples on their website.
They say the fee is usually between 1.9% and 2.9%, so mine is actually not the best available.

But you may never get the best available - based on Barclays internal scoring factors - you might already have the best you can get.

Shakin_Steve

Alex9384 said:

Hi all. I've changed my Barclaycard from Platinum to Rewards and suddenly I have a new money transfer offer on it.
The transfer fee is only 2.6% which seems to be lower than any other money transfer cards advertised on comparison websites, which are between 3% and 4%.
I just wanted to ask whether some of you have ever been offered lower transfer fee than this, or if this is the best I can expect.

I don't think it's anything to do with you changing to rewards card, they've just started offering money transfers again

https://forums.moneysavingexpert.com/discussion/6264776/barclaycard-reintroducing-money-transfers#latest

Alex9384

Shakin_Steve said:

I don't think it's anything to do with you changing to rewards card, they've just started offering money transfers again
https://forums.moneysavingexpert.com/discussion/6264776/barclaycard-reintroducing-money-transfers#latest

Yes, most likely. Though I had a bit different offers on the old card. Maybe I would get the money transfer offer on the old Platinum by now, who knows.

Alex9384

cymruchris said:

But you may never get the best available - based on Barclays internal scoring factors - you might already have the best you can get.

That's possible. I see in the other thread that people get offers with different fees and also different introductory periods.

I think 18 months for a 2.6% fee is not bad at all.

CRISPIANNE3

Alex9384 said:

Hi all. I've changed my Barclaycard from Platinum to Rewards and suddenly I have a new money transfer offer on it.
The transfer fee is only 2.6% which seems to be lower than any other money transfer cards advertised on comparison websites, which are between 3% and 4%.
I just wanted to ask whether some of you have ever been offered lower transfer fee than this, or if this is the best I can expect.

I never had my limits reduced but all my offers disappeared. First the money transfer and then the balance transfers. Like you I was able to change one of my Barclaycards to the rewards but came with no offers. I can only look on with envy!

[Deleted User]

Alex9384 said:

Deleted_User said:

What other people have been offered is largely immaterial as everyone is judged on what the lender scores them internally, if I got 2% it wouldn't change anything about what you get, Barclays are not going to give you a different rate. 3.1% is mine for what it is worth but I have no use for it.

So you have the same offer just with a higher fee?

Yes it would seem so, 3.1% fee offer to 1/11/22
They have upped their charges for me in general though - I get 0% for 23 months on a 3.4% BT fee (used to be 2.9%). Am paying the BTs all down though at the moment and no need to use either offer. Natwest gave me around 2/3 the limit Barclays did with a 0.49% transfer fee just in December so pays to shop around.