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Barclaycard Rewards replacement
anoukis
Posts: 50 Forumite
in Credit cards
Barclays have just sent me an email to let me know that "following a review of our credit card products" they are increasing my interest rates on my Barclaycard Rewards account. Now, I always pay my balances in full, but this is a hugely irritating increase, completely out of the blue. In the past their increases were more like 1-2 percentage points. I'm now thinking about cancelling this card, but I would need a replacement, as I only have this card and the Halifax Clarity one.
Can anyone recommend an alternative credit card that 1) works with Android pay / Google wallet (Barclaycard doesn't, which is very annoying as it is my main card currently) and 2) has no fees for purchases and cash withdrawals abroad. Cashback isn't as important. Interest rate lower than the ones posted below, if possible. I don't have CC debt, so no balance to transfer.
Your standard rate per year: 12.37% simple 13.1% compound / 20.85% simple 23% compound
Can anyone recommend an alternative credit card that 1) works with Android pay / Google wallet (Barclaycard doesn't, which is very annoying as it is my main card currently) and 2) has no fees for purchases and cash withdrawals abroad. Cashback isn't as important. Interest rate lower than the ones posted below, if possible. I don't have CC debt, so no balance to transfer.
Your current interest rates / Your new interest rates from 22 July 2024
Your cash rate per year: 12.37% simple 13.1% compound / 20.85% simple 23% compound
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Comments
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Why do you care about the interest rate increase if you always pay in full??3
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As a back-up... I would prefer to have access to a lower interest rate in case anything happens.0
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Most card firms have been doing this - you could just shop around on the MSE cards page to see what deals are available but what APR you get is dependent on your risk profile, no-one can tell you what is low or high as we don't know
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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