Barclaycard Flexi-Rate




Not so long ago the DIY credit card that allowed you to change the way the credit was configured to suit your current circumstances was all the rage. That type of setup now seems to have gone out of fashion. In a similar theme was the original Barclaycard Flexi-Rate of early 2007. Here the long term standard rate changed according to how much of your outstanding balance you chose to pay off each month. The more you paid, the less you paid, so to speak. However the nature of this card has changed since it first hit the market place and now the card offers very competitive terms but the flexi name is somewhat misleading. It no longer has a sliding scale of rates for new customers. Please read the details below for the correct new terms.



Type: VISA
Online application and management
Introductory offers:

REPRESENTATIVE EXAMPLE
Long term APR (Standard typical rate):
16.9% APR representative variable
16.9% p.a. variable on purchase
£1,200 credit limit


Balance Transfers: 0% for 1st 9 months of opening your account.
3% handling fee applies. (minimum £2.50)

Purchases: 9.9%-16.9% APR representative variable
Cash Advances (withdrawals): 27.9% APR representative variable
Minimum Repayment: 2.25% or £5 (whichever is greater)
interest free period: up to 56 days (does not apply to balance transfers, cash advance or cheques)
Payments you make will be applied to your account in the following order:
  • Promotional balances (including interest)
  • Interest and other charges
  • The Standard Balance
  • The Cash Balance
  • Annual Fee: no
    Fee's:
    Cash, balance transfers and cheques: 2.5% (min. £2.50)
    Overseas transactions: 2.75%
    Copies of statements: £3.00
    Copies of transactions: £5.00

    Default charges

    Late payment fee: £12
    Over credit limit fee: £12
    Returned payment: £12
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    >>>write a comment on this credit card

    Other Facts:

    To apply you must be over 21 years old, a UK resident and not have a Barclaycard currently.

    Secure shopping with identity protection information

    online fraud cover

    Emergency help when travelling abroad

    Barclaycard travel service offers exclusive deals

    Emergency cash advance and credit card replacement service

    optional Text alerts five days before payment is due

    24 hour helpline





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