Your Barclaycard Account
Barclaycard Initial Credit Card
- Enjoy one single, simple rate for purchases and cash advances.
- Start with a low, manageable credit limit that we may later review and increase
- A reward programme like no other, with Barclaycard Freedom automatically earn while you shop at participating retailers.
- With contactless payment technology, a new quick and easy way to pay for purchases of £15 or under.
- 29.9% APR typical (variable)
Barclaycard Initial. Your first step to simplifying your finances
We don’t believe in making life difficult. So we designed Barclaycard Initial with sensible spending limits. Owning this card could actually help improve your credit rating.
Enjoy a little bit more with an Initial Credit Card
Barclaycard Freedom earn 1% of the value of your purchase in Reward Money (0.5% at Shell) in participating retailers.
Please see important information and terms and conditions
Barclaycard Unwind puts some of the best live music at your fingertips. You'll have easy access to some of the hottest tickets as well as live sessions, news, reviews and more.
Keeping you in control
Barclaycard Initial helps you take charge of your finances.
- Mybarclaycard - keep an eye on your spending, manage your account online
- Contactless payments - the new quick and easy way to pay for purchases of £15 or under
- Shop safer with Chip and PIN protection and more
- Problem with your card? Just call us, any time at all - 0844 811 9111
Important information
Barclaycard reserves the right to withdraw this offer at any time.
Terms and Conditions apply. Barclaycard is subject to application and status.
This offer is only available to new customers.
You will be required to use a PIN with this credit card in order to pay for goods and services over the counter in shops and other outlets.
If you have a disability that may affect how you communicate with us or which would make using a PIN difficult, please contact us on 0845 7660 758 before completing the application.
The following is a guide to call charges from landlines within the UK: Call charges info.
An Initial Credit Card could be right for you, if:
- You have limited credit history
- You earn more than £10,000 a year
- You're on the electrol roll at your current address
An Initial Credit Card will not be suitable for you, if:
- You are not yet 18
- You have been declared bankrupt
- You have had a CCJ or IVA register against you in the last 5 years
- You are already a Barclaycard customer
It's good to know the plain facts about this Barclaycard. This Summary Box gives you clear information about the key features of the card and does not replace any terms and conditions.
APR
Typical 29.9% APR (variable)
| Interest rates | Introductory rates | Monthly interest rate | Annual interest rate |
|---|---|---|---|
| Purchases | N/a | 2.207% | 29.9% |
| Cash withdrawals | N/a | 2.207% | 29.9% |
| Balance transfers | N/a | 2.207% | 29.9% |
Interest free period
Up to 56 days interest free from the date of the transaction on new purchases if you pay your statement balance in full and on time each month.
No interest free period on balance transfers, cash withdrawals or Barclaycard cheques (subject to any interest free promotional offer).
Interest charging information
If interest is payable, it will be charged from the date the transaction is debited to your account until it is paid in full.
As interest is charged until the date of full repayment, this means that you may receive a further interest charge the following month even though you have paid your current statement balance in full.
Interest is charged on your average daily balance. By repaying more of your balance, or by making your repayments earlier, you will pay less interest.
Allocation of payments
Payments you make will reduce your balance in the following order:
- Default Charges
- Promotional balance transfers
- Promotional purchases
- Purchases, balance transfers and other charges
- Cash withdrawals
Please see the Barclaycard conditions for further details.
Minimum repayment
2.5% or £5, whichever is greater. If you only make the minimum payment it will take longer and cost you more to clear your balance.
Credit limit
Minimum credit limit : £250
Maximum credit limit: Subject to status
Fees
No annual fee
Charges
- Cash withdrawals: 2.5% (min. £2.50)
- Balance transfers and cheques: 2.5% unless we tell you otherwise
- Overseas transactions: 2.75%
- Copies of statements: £3.00
Default charges
- Late payment: £12
- Over credit limit: £12
- Returned payment: £12
You can avoid additional charges. Please stay within your credit limit and ensure that your payments are received on time.
Pay less interest by repaying more each month
The examples below show how long it would take you to repay a purchase of £1,000 made with your Barclaycard:
| Monthly payment | Minimum payment each month | £50 each month | £100 each month |
|---|---|---|---|
| How much interest will be charged in the first year? | £265.89 | £233.51 | £168.20 |
| How much interest will be charged in the second year? | £257.64 | £125.74 | £1.46 |
| How long would it take to clear the balance? | 54 years 6 months | 2 years 6 months | 1 year 2 months |
The following assumptions have been made:
- You are charged the standard 29.9%. However, the examples take account of any introductory promotional purchase rate.
- When you make the purchase you do not exceed your credit limit.
- Calculation excludes Payment Protection Insurance.
- £1,000 purchase is debited to your account on 1st August 2010 and no further transaction made.
- You make a payment each month on the payment due date. Your mininum payment is 2.25% or £5, whichever is greater.
Cancellation rights
You have a right to cancel this Agreement. This right will expire 14 calendar days after we post the card to you. Unless you cancel within this period you will be bound by this Agreement. If you wish to cancel this Agreement, please send written notice to Barclaycard, Department BCR, Northampton NN4 7SG. If you cancel you will still need to repay any money already lent to you. Unless you repay this money in full within a month of cancellation on all rights, you may be required to pay interest or other charges under the terms of this Agreement.
Barclaycard is a trading name of Barclays Bank PLC. Barclays Bank PLC is authorised and regulated by the Financial Services Authority. Barclays Bank PLC subscribes to the Lending Code which is monitored and enforced by the Lending Standards Board.
Registered in England No: 1026167. Registered Office: 1 Churchill Place, London E14 5HP
As well as new to credit cards, Barclaycard offers great deals on balance transfers, cash back and more.
For more information on the Barclaycard range of credit cardsor to apply for a credit card,0% balance transfer credit card,apply for credit card online,balance transfer,cashback credit card.Are you looking for a card that offers a credit balance transfer?Then fill out our credit card applicationform covering our entire credit card range.Will also offer: Credit cards low APR,interest free credit card,online credit card,Platinum credit card,UK credit card range,UK low rate credit card.Personal Loans.Business Credit Card.Insurance
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