APR cut on Barclaycard deals

www.moneynews.co.uk > Credit cards > APR cut on Barclaycard deals

APR cut on Barclaycard deals

Tue 23rd Jan 2007

Barclaycard has announced a reduction in the APR charged on some of its credit cards.

From today, the interest rate on both the Barclaycard Premiership and Barclaycard Charity card has been reduced by three per cent.

Borrowers will now have an APR of 14.9 per cent on these Barclaycard products.

Barclaycard Premiership will still have its zero per cent balance transfer deal available, while Barclaycard Charity holders can still benefit from six months of interest-free balance transfers and purchases.

There are various added extras with both these Barclaycard offers, with sporty deals and discounts available for those with Premiership cards while Barclaycard Charity holders can use their plastic to benefit various good causes.

"We're committed to offering our customers value for money and these new lower rates mean customers can get an even better deal if they're looking for a football credit card or a charity credit card," said Barclaycard's managing director of UK cards, Amer Sajed.

The lowest APR currently available from Barclaycard is on its Simplicity Credit Card. Over-21s with an excellent credit record qualify for a variable interest rate of 6.8 per cent.

Related News : Credit cards
	Brits spent less in the run-up to Christmas 2011
	Credit card spending fell in 2011
	Credit cards 'can be a useful budgeting tool'
	Credit card usage 'to rise this month'
	New measures to help Brits with finances
	Credit card spending 'less prolific in the last 12 months'
	AA Launches new reward credit card
	Borrowings 'still need to be repaid' during a gap year
	Clear information in credit agreements called for
	Brits 'focusing on zero per cent cards'

Related News : Barclaycard
	Credit cards becoming generous despite rising APR, says Defaqto
	Credit cards are 'convenient and cost-effective' ways to pay
	Barclaycard offers longest ever balance transfer deal
	Barclaycard research shows no sign of credit card debt consolidation
	Barclaycard credit card 'could allow debt consolidation'
	Consumers could consolidate debt with Barclaycard product, says Confused.com
	Barclaycard SmartPay set to be unveiled this summer
	Barclaycard: Credit cards being used more
	Barclaycard predicts increased spending on debit and credit cards
	Barclaycard Freedom pledges greater rewards for cardholders