Barclaycard launches top 0% credit card for debt shifting and spending

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Barclaycard launches top 0% credit card for debt shifting and spending 😍

The card is joint best buy with Sainsbury's Bank, but Barclaycard is offering a lower feeBARCLAYCARD has upped the interest-free period on its Platinum credit card to 28 months on both balance transfers and spending, pushing it to the top of best buy tables.

After 28 months, the Barclaycard credit card increases to a typical annual percentage rate of 19.9 per cent, while theSHIFTING your balance can be a great way to cut the cost of your debt. But you must use them properly so you don't just add to it.Credit card firms don't offer these deals out of the goodness of their hearts. They rely on you not clearing your balance by the time the 0 per cent deal comes to an end so it can start charging you interest.

But be warned - only those with the very best credit ratings will be offered the marketed deal - so even if you apply and are accepted, you could be offered a smaller 0 per cent period instead and be charged a bigger transfer fee. "The interest-free purchase deal may be joint-best at 28 months, but the card does charge a lower revert APR of 19.9 per cent on purchases than Sainsbury’s Bank, which charges 20.9 per cent.

 

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