The Barclaycard Platinum No Fee credit card offers a standout feature—0% interest on balance transfers for up to 14 months with absolutely no transfer fee. Most accepted applicants will get an APR of 24.9% (variable), with a credit limit around £1,200, though this depends on your individual financial circumstances and credit history. New purchases also benefit from 0% interest for up to three months, making it an attractive choice for managing expenses.

How to Apply: Step-by-Step

Applying for the Barclaycard Platinum No Fee card is straightforward. First, check your eligibility online using Barclaycard’s free tool. This initial step won’t impact your credit score. If eligible, complete the application by providing your recent address history, employment and income details, and main bank account information. If approved, your card may arrive within a week.

Key Pros

The standout advantage is the 0% interest on balance transfers for up to 14 months, with zero transfer fees, allowing significant savings on existing card debt. Additionally, the eligibility checker tool is user-friendly and risk-free, helping you assess your likelihood of acceptance without affecting your score.

Key Cons

One drawback is that the promotional 0% rate is only accessible if you transfer within the first 60 days of account opening. Also, after the initial period ends, the APR can be relatively high, potentially making the card less appealing unless you plan to clear your balance quickly.

Verdict

The Barclaycard Platinum No Fee offers one of the best balance transfer deals available, with no fees and a lengthy interest-free period. Provided you transfer balances in time and aim to pay off during the promotion, this card is a solid choice for smart debt management.