Barclaycard BT Alongside Normal BCard Spending Payments? 3 October 2022 at 5:45PM in Credit cards 7 replies 161 views

GSP

Apologies if this is in the wrong area.

I have just taken out a balance transfer offer for 18 months onto Barclaycard. In addition, I have used my Barclaycard this month with spending around on it of £300.

For payments, because I only used my Barclaycard recently I do not need to pay anything at this stage on 10th October.

Following October, I’m wondering what Barclaycard will present me with where I need to pay back the £300 with incurring interest on the ‘normal’ Barclaycard, but also pay an amount for the balance transfer.

At present on mobile banking on my phone, all I can see is an area which says make a payment, but as I said that is still reading zero for 10th October.

Should and will I see two payment areas, 1 for the balance transfer and 1 for ‘normal’ card spending?

I hope this makes sense.

Thanks

[Deleted User]

You will see on the statement, after it has been produced, 2 different lines, one, the £300 which is subject to interest (unless paid in full) and one for the 0% deal. Once the statement is created you will have a payment due date, you should pay at least £300 to clear that purchase and start on the balance transfer. You would need to call Barclays or read the terms and conditions on the account to determine how they allocate funds - it should be to the balance that will incur interest but you should check to be careful.

GSP

Deleted_User said:

You will see on the statement, after it has been produced, 2 different lines, one, the £300 which is subject to interest (unless paid in full) and one for the 0% deal. Once the statement is created you will have a payment due date, you should pay at least £300 to clear that purchase and start on the balance transfer. You would need to call Barclays or read the terms and conditions on the account to determine how they allocate funds - it should be to the balance that will incur interest but you should check to be careful.

Thanks for your reply.

I just called Barclaycard and they said I will see just one payment area for both.

If I just pay back the £300 for my normal card, I won’t attract any interest.

For the balance transfer, I can pay whatever I like even nil balances each month as long as by the time the offer ends I have paid in full.

[Deleted User]

GSP said:

Deleted_User said:

You will see on the statement, after it has been produced, 2 different lines, one, the £300 which is subject to interest (unless paid in full) and one for the 0% deal. Once the statement is created you will have a payment due date, you should pay at least £300 to clear that purchase and start on the balance transfer. You would need to call Barclays or read the terms and conditions on the account to determine how they allocate funds - it should be to the balance that will incur interest but you should check to be careful.

Thanks for your reply.

I just called Barclaycard and they said I will see just one payment area for both.

If I just pay back the £300 for my normal card, I won’t attract any interest.

For the balance transfer, I can pay whatever I like even nil balances each month as long as by the time the offer ends I have paid in full.

Seems a bit odd, I have 4 open BT on one Barclaycard and all are separate listing, promo rates should be separate on the statement. It would be useful to see once you have a statement generated if you can confirm this

The bit about paying nil balances is factually wrong, you must pay at least the minimum every month or you will get missed payments recorded and likely lose the 0% deal. No provider gives you a BT and then allows you to pay nothing towards it 

GSP

Deleted_User said:

GSP said:

Deleted_User said:

You will see on the statement, after it has been produced, 2 different lines, one, the £300 which is subject to interest (unless paid in full) and one for the 0% deal. Once the statement is created you will have a payment due date, you should pay at least £300 to clear that purchase and start on the balance transfer. You would need to call Barclays or read the terms and conditions on the account to determine how they allocate funds - it should be to the balance that will incur interest but you should check to be careful.

Thanks for your reply.

I just called Barclaycard and they said I will see just one payment area for both.

If I just pay back the £300 for my normal card, I won’t attract any interest.

For the balance transfer, I can pay whatever I like even nil balances each month as long as by the time the offer ends I have paid in full.

Seems a bit odd, I have 4 open BT on one Barclaycard and all are separate listing, promo rates should be separate on the statement. It would be useful to see once you have a statement generated if you can confirm this

The bit about paying nil balances is factually wrong, you must pay at least the minimum every month or you will get missed payments recorded and likely lose the 0% deal. No provider gives you a BT and then allows you to pay nothing towards it 

You would have thought they should be separate, but he said there would only be one payment area. 

If I say paid in £450 next time then £300 would clear the Barclaycard, and the other £150 would reduce the BT by that amount.
He said if I had two BT’s with them, the £150 would go towards clearing the one with the earliest maturity first.

I was using MBNA BT’s and they had a minimum payment I should make each month, so this does sound odd?

With your payments, wondering do you do these on the mobile banking app, or do you login to their .co.uk site on a tablet say? One may look quite different to the other.

They will provide the balance I should pay in the next couple weeks or so, and I’ll see what’s there then.
But I can see this is going to take another call. 

Not BCard but it wouldn’t be the first time someone has given a very different view of what to expect, and do.

crumpet_man

I have a similar thing on my Barclaycard.  0% BT with min payment around £250 per month but I normally spend £250 per month and make a payment to cover any purchases which also meets the minimum payment requirement.  This means the BT total does not decrease, which suits me as the money is in the bank earning me interest.

  

GSP

crumpet_man said:

I have a similar thing on my Barclaycard.  0% BT with min payment around £250 per month but I normally spend £250 per month and make a payment to cover any purchases which also meets the minimum payment requirement.  This means the BT total does not decrease, which suits me as the money is in the bank earning me interest.

  

So it does sound quite different?

Where you say “0% BT with min payment £250”…. , is the min payment next to any mention of the BT?

I feel comfortable paying an amount off each month, just to get the balance down.

Does seem there’s two types of standard and rules here, from BCard and MBNA at least!

[Deleted User]

GSP said:

Deleted_User said:

GSP said:

Deleted_User said:

You will see on the statement, after it has been produced, 2 different lines, one, the £300 which is subject to interest (unless paid in full) and one for the 0% deal. Once the statement is created you will have a payment due date, you should pay at least £300 to clear that purchase and start on the balance transfer. You would need to call Barclays or read the terms and conditions on the account to determine how they allocate funds - it should be to the balance that will incur interest but you should check to be careful.

Thanks for your reply.

I just called Barclaycard and they said I will see just one payment area for both.

If I just pay back the £300 for my normal card, I won’t attract any interest.

For the balance transfer, I can pay whatever I like even nil balances each month as long as by the time the offer ends I have paid in full.

Seems a bit odd, I have 4 open BT on one Barclaycard and all are separate listing, promo rates should be separate on the statement. It would be useful to see once you have a statement generated if you can confirm this

The bit about paying nil balances is factually wrong, you must pay at least the minimum every month or you will get missed payments recorded and likely lose the 0% deal. No provider gives you a BT and then allows you to pay nothing towards it 

You would have thought they should be separate, but he said there would only be one payment area. 

If I say paid in £450 next time then £300 would clear the Barclaycard, and the other £150 would reduce the BT by that amount.
He said if I had two BT’s with them, the £150 would go towards clearing the one with the earliest maturity first.

I was using MBNA BT’s and they had a minimum payment I should make each month, so this does sound odd?

With your payments, wondering do you do these on the mobile banking app, or do you login to their .co.uk site on a tablet say? One may look quite different to the other.

They will provide the balance I should pay in the next couple weeks or so, and I’ll see what’s there then.
But I can see this is going to take another call. 

Not BCard but it wouldn’t be the first time someone has given a very different view of what to expect, and do.

Personally I just check in the app, they always email and say the statement is there and it's never on the app until the next business day, but I have a spreadsheet with them all running so I could adjust the payment monthly and work out how to clear them all in time but paying the least possible. 

They do indeed allocate funds to clear the balance that ends first (unlike NatWest!!!)

I don't spend on my BC so I don't know if they have different listing for spending amounts and BT

Always pay at least the minimum as that is part of the terms of use of card and not paying you can lose your 0% promotional rate. I assume what they meant, now I think about it, is that if you had say £2000 on BT and £300 on spending every month, provided you paid the £300 you would be ok but obviously never clear the BT which isn't great