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What happens if I have a promotional rate and standard balance at the same time?

As long as you pay at least the minimum amount each month on time and stay within your credit limit, you’ll keep your promotional rate on the transfer. If you don’t, you’ll go back to your standard purchase rate. Remember, your simple standard rate moves up and down in line with the Bank of England Base Rate.

If you have any other promotional balances with the same interest rate, we’ll reduce the balance with the earliest expiry date first.

If you have some balances with higher rates, and you’re not paying it all off every month, we’ll use what you pay to bring those balances down first.

And one more thing, if you use your Barclaycard for purchases or cash withdrawals – you’ll be charged interest up to the point you make your payment, even if you pay off those purchases at the next statement.

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