Davido
Member
Registered: 18th Aug 03
Location: Reading,Berks
User status: Offline
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ive got one n want to transfer my balance but u need to spend 50 a month to get the 0% on the transfered balance but what happens to the purchases can u not pay anything of that until your balance transfered is paid off??
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el gordo
Member
Registered: 21st Dec 03
User status: Offline
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it's a poisined chalice mate.
barclaycard lifetime of BT 0% proviso £50 a month spending and repayments applied proportionally against BT then rest on purchases so you're racking up huge interest charges on an increasing balance of purchases that you'll have to pay off once the BT has cleared...
egg card - the only one worth its salt.
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mav
Member
Registered: 19th Jun 01
Location: Scotland
User status: Offline
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barclay card is one of the dearest for purchases...stay clear m8..
plenty better offer out there...
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Icy
Member
Registered: 31st Jan 01
Location: Edinburgh Drives: Mk3 Golf Gti
User status: Offline
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i got barclaycard 29% 
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mav
Member
Registered: 19th Jun 01
Location: Scotland
User status: Offline
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get it transferred Ian m8...
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Adam K
Member
Registered: 18th Jan 04
User status: Offline
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i have barclaycard 0% for life if i spend £25 a month.
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mav
Member
Registered: 19th Jun 01
Location: Scotland
User status: Offline
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and on that 25 per month the interest is SO HIGH..........
mt mbna card is 12.9 % now...barclaycard is 29%...
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Icy
Member
Registered: 31st Jan 01
Location: Edinburgh Drives: Mk3 Golf Gti
User status: Offline
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i usually pay off my bills each month
do i stil get charged like?
thought was only if i didnt pay the full amount.
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el gordo
Member
Registered: 21st Dec 03
User status: Offline
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only if you clear your bill within 14 days of the statement being generatyed, right down to a nil balance do you avoid interest.
which defeats the object of a BT as you're moving it for 0% over time, but the purchases you rack up in the mean-time are paid off proportionally, not directly against the payments you make.
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Icy
Member
Registered: 31st Jan 01
Location: Edinburgh Drives: Mk3 Golf Gti
User status: Offline
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thats good then
but last bill i only paid half
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mav
Member
Registered: 19th Jun 01
Location: Scotland
User status: Offline
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if i pay full amount in 46 days get charged no interest,,think they are all similar in this aspect..
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el gordo
Member
Registered: 21st Dec 03
User status: Offline
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quote:
Originally posted by mav
if i pay full amount in 46 days get charged no interest,,think they are all similar in this aspect..
thats UP TO 46 days bear in mind, based on you makng a purchase the day after a statement is generated so a further 30 days until the next statement, then 14 days allowed for payment and 2days grace for funds to clear if you paid on the due-day, so 46 potential days interest free.
Forget this though. It causes too much hassle.
Just remember 2 weeks from the date your statement was printed (not received). aim t pay a few days early so the funds clear.
this i know cos until recently i was an underwriter for Egg and so I know a lot of the "competitions" practices - and how it's pissed off their customers 
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el gordo
Member
Registered: 21st Dec 03
User status: Offline
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quote:
Originally posted by Icy
thats good then
but last bill i only paid half
they charge based on the full balance on statement day as opposed to what's left so will be a full hit.
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