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Barclaycard Promotional Balance Transfer Cheque
Jo4
Posts: 6,843 Forumite
in Credit cards
A friend has a Barclaycard that you have to charge a £1 to it every month and then your interest rate is something like 5.9%apr. They got a letter offering them a rate of 6.9%apr with 2.5% handling fee. Should they do a balance transfer to this card or not, would they lose their existing rate?
Can anyone please advise?
Can anyone please advise?
0
Comments
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Can anyone help as the balance transfer cheque expires shortly?0
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I'm guessing that whatever they BT would be charged at 6.9% until paid off and everything else would be charged at the current 5.9% but your best bet would be to confirm that with Barclaycard themselves.0
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