Barclaycard Platinum Credit Card Review
 Amazingly low standard interest rate just 8.8% APR
0% on purchases for 3 months
Barclaycard cardholder services & benefits
THE Barclaycard Platinum offering is the credit card of choice for anyone with a good credit history but who doesn't always repay their balance in full each month.
With an APR to rival pretty much all other credit cards, the Barclaycard Platinum 'Low Rate' credit card does what it says on the tin.
This is a credit card for the long haul, with all the added extras and cardholder services you could possibly want from a credit card and a cheap interest rate that is not going to sky-rocket after 12-months.
As a Barclaycard Platinum cardholder you'll be able to enjoy the security of their renowned purchase delivery protection, fraud protection - including active fraud monitoring and even an identity protection service.
For the travellers among you, you can look forward to a rather hard to find free travel insurance policy - the comprehensive kind and not just travel accident cover - alongside travel discounts with the Barclaycard Travel Service.
You'll also be well looked after with worldwide assistance and an emergency card and cash replacement service.
To add bonus to such a low APR - you'll receive access to a number of shopping discounts, with names such as Thomas Cook, Avis, Hilton, Emirates, Center Parcs, buyagift.com, Laithwaites and Dominos - and for the first 3 months the purchase interest rate will be 0%.
| Interest Rates and Fees |
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Notes.. |
| Typical APR |
8.8% APR (variable) |
The typical APR is the rate most people are offered.
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| Introductory Purchases |
0% for 3 months |
Payments are applied towards introductory rates first. |
| Balance Transfers |
8.8% p.a. |
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| Balance Transfer Fee |
2.5% |
Balance transfers carry a handling fee. |
| Cash Withdrawal Rate |
27.9% p.a. (variable) |
This is the rate you are charged on balances resulting from using a cash machine, getting cash back at the supermarket or buying foreign money. |
| Cash Withdrawal Fee |
2.5%
(£2.5 minimum) |
When you use your credit card to get cash you will be charged a 'handling fee' for doing so. |
| Annual Fee |
£0 |
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| Foreign Transaction Fee |
2.75% |
This is fee you will be charged for credit card transactions made abroad.
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| Rewards |
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Notes.. |
| Travel Service |
Great holiday deals with Barclaycard's Travel Service |
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| Savings |
Savings with a range of retailers and companies |
Savings with Thomas Cook, Avis, Hilton, Emirates, Center Parcs, buyagift.com, Laithwaites and Dominos. |
| Cardholder Services & Extras |
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Notes.. |
| Online Account Management |
Yes |
You can log in to the Barclaycard web site and manage your Barclaycard Platinum credit card account online. |
| Purchase Delivery Protection |
Yes |
Covers brand new goods bought with your Barclaycard platinum credit card if they don't arrive or are delivered damage and you are unable to resolve the issue with the supplier. Covers goods bought online, over the telephone and in the high street if goods are delivered. |
| Fraud Protection |
Yes |
Barclaycard will look out for any unusual activity on your account and contact you to make sure it's not fraudulent. |
| Travel Insurance |
Free single trip travel insurance |
When you book your holiday (between 2 and 21 days long) through the Barclaycard Travel Service. Up to 5 friends and family members travelling with you will be covered. Exclusions and terms and conditions apply. |
| Worldwide Assistance |
Free help if anything goes wrong while you're abroad |
Barclaycard can help you in the case that anything goes wrong whilst you are abroad. They can provide legal assistance, medical emergency help, arrange flights and transport to get you home as quickly as possible, interpretation, send a message home, and help with lost or stolen documents. |
| Emergency Card Replacement |
Emergency card replacement and emergency cash advance |
Barclaycard will get you an emergency card replacement if yours is lost or stolen anywhere in the world. Barclaycard can also arrange an emergency cash advance of up to £1,000 a week (subject to available funds on your account), and they'll even refund the cash handling fee. |
| Other Extras |
Barclaycard Secure, Identity Protection Service, Barclaycard Travel Service |
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| Optional Extras |
Card Protection, Payment Protection, Everyday Cover, Identity Theft Protection |
These are extras that you can choose, but you will have to pay for them. |
| Payments & Payment Details |
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Notes.. |
| Credit Limit |
£250 minimum |
Credit limit may vary from person to person and is subject to status. |
| Interest Free Period |
Up to 56 days |
For purchases if you pay your balance in full and on time. this is the amount of time you have to clear your balance in full each month before you are charged any interest. There is no interest free period on cash withdrawals, cheques or balance transfers. |
| Minimum Monthly Payment |
2.25%
(£5 minimum) |
The minimum monthly payment is the smallest amount you must pay each month (unless your credit card balance is zero). |
| Allocation of Payments |
Promotional rate balances, interest and charges, standard balance and then cash withdrawals. |
When you make a payment to this card, payments will first be applied towards promotional balance transfers and / or purchases, then interest charges and any fees, then standard rate balances and then cash withdrawals. |
| Default Charges |
£12 |
This is how much you will be charged for late payments, returned payments and if you go over your credit limit. |
| Copy of Statement Fee |
£3 |
This is the fee you will be charged for duplicate statements. |
| Card Details |
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Notes.. |
| Online Application |
Yes |
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| Card Type |
Platinum |
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| Payment Company |
Visa |
This is the company who provides the payment technology and infrastructure to allow you to use this credit card. retailers and ATM machines displaying the 'Visa' logo will accept this card. |
| Card Issuer |
Barclays Bank |
This is the bank behind your credit card. |
| Card Advertiser |
Barclaycard |
This is the company who advertises and promotes this credit card. |
Barclaycard Platinum Low Rate Credit Card User Reviews
What do you think? Add your review of the Barclaycard Platinum Low Rate credit card.
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At a Glance
Barclaycard Platinum Credit Card
| Typical APR: |
8.8% APR |
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| Purchases: |
 0% for 3 months |
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8.8% p.a. thereafter |
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| Balance Transfers: |
 8.8% p.a. |
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2.5% transfer fee |
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| Rewards: |
Shopping & Travel Discounts |
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| Interest Free Period: |
Up to 56 days |
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| Annual Fee: |
£0 |
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| This card includes: |
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 Online Account Management |
| Fraud Security |
| Purchase Protection |
| Comprehensive Travel Insurance |
| Travel Assistance |
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| You should only apply if you are: |
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| • Aged 21 or over |
| • Have a permanent UK address |
| • Have a good credit history |
| • Don't already hold a Barclaycard |
| • Haven't missed multiple payments on a credit agreement within the last 12 months |
| • Haven't been declared insolvent, bankrupt or have any CCJ's against you |
| • Earn at least £10,000 per annum |
Review Continued...
A credit card for the discerning user who doesn't want to be hit in the pocket for revolving a balance, the Barclaycard Platinum 'Low Rate' credit card offers one of the lowest standard rates in the UK market.
Competitive interest rate
At a smidgen under 9% per annum, you'd be hard pressed to find a cheaper standard rate - especially in a time of rising rates and heightened inflation.
Unlike so many credit cards available today - offering low rates of interest only for the first so many months of account ownership - this Barclaycard Platinum credit card is a card to choose when you’re looking for a long-term wallet-partner.
For the months when you do repay your balance in full, you can enjoy 56 days interest free credit on purchases - and when you do leave a balance to roll over you're not going to feel it too hard in the pocket.
As an added bonus you'll also get 0% on purchases for the first 3 months too.
Platinum cardholder benefits
As a Barclaycard, this credit card comes with a range of purchase and fraud protection benefits to help keep your newly bought items and your money safe.
Barclaycard's purchase delivery protection will cover new goods bought with a delivery service. Items will be covered in the case they fail to arrive at your address or are damaged upon delivery and you are unable to resolve the matter with the retailer.
Covered purchases include brand new goods bought online, over the telephone or on the high street when they are delivered to your home.
Financially you'll also be looked after by the Barclaycard Platinum credit card - with fraud protection, active fraud monitoring and an identity protection service to help offer confidential advice if you are ever affected by identity fraud.
For the travellers...
For anyone who loves to travel for business or for pleasure, the Barclaycard Platinum credit card has a few tricks up it's sleeve to please.
One of the most noticeable benefits on offer is a free travel insurance policy - that's full comprehensive cover and not just travel accident cover.
To obtain the travel insurance you do need to book your travel through the Barclaycard Travel Service - but if you do, you'll also be able to enjoy a range of discounts on the cost.
Barclaycard also offer worldwide assistance to help if anything goes wrong abroad, including legal assistance, emergency medical help, flight and transport arrangement, interpretation, message sending and help with lost or stolen documents.
If you happen to misplace your Barclaycard abroad, they will help to get you an emergency card replacement and cash advance of up to £1,000 a week.
Discounts and savings
As a Barclaycard cardholder you'll also be privy to some exclusive travel and shopping discounts, including money-off with names such as Thomas Cook, Avis, Hilton, Emirates, Center Parcs, buyagift.com, Laithwaites and Dominos.
Final word
The Barclaycard Platinum 'Low Rate' credit card comes in as the top ranking card for it's low standard rate, while also being a great platinum credit card and offering travel and shopping discounts.
For a card to keep in your wallet long past any introductory periods - the Barclaycard Platinum credit card is sure to be a welcome addition / or replacement.
Apply Online for Barclaycard Platinum credit card 
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