The Barclaycard Platinum No Fee Credit Card stands out for those looking to manage existing card debt. It offers 0% interest on balance transfers for up to 14 months and comes with a 0% transfer fee.

This card also provides 0% interest on new purchases for up to three months. Most customers will receive a representative APR of 24.9% (variable), based on a typical limit of £1,200. Approval and terms will depend on your financial history.

Applicants must remember the offer period starts from account opening. To maximise the promotional terms, transfer balances within 60 days. Standard interest rates apply once the offer period ends.

How to Apply for Barclaycard Platinum No Fee

• Check your eligibility online – it won’t affect your credit score
• Gather your personal, address, and employment details for the past two years
• Submit your online application by following instructions
• If approved, your card typically arrives within 7 working days

Key Benefits

The Barclaycard Platinum No Fee Credit Card appeals for its lack of balance transfer fees, which saves you money instantly when moving your debt. The 0% interest period for both balance transfers and purchases adds more flexibility.

Cardholders can also enjoy perks such as cashback rewards at selected retailers, pre-sale ticket access for major events, and enhanced security features including 24/7 fraud detection.

Potential Downsides

While the 0% interest is attractive, once the promotional periods end any remaining balance will revert to the standard APR. It’s crucial to factor this in when planning repayments.

Not everyone qualifies for the top offer; some may be offered shorter interest-free periods or a higher APR, depending on creditworthiness.

Our Verdict

Overall, the Barclaycard Platinum No Fee is an excellent choice for those ready to pay down debt and discipline their credit use. The combination of no transfer fee and lengthy 0% interest period make it competitive for balance transfers.