Balance transfer offer terms and conditions
The important stuff you need to know
How much can I transfer as a new customer?
If you’re applying for a Barclaycard, the minimum you can transfer is £250 in total, across all your balance transfers. You can request up to five balance transfers as part of your application. The maximum transfer amount varies depending on the product you choose and the credit limit you’re assigned.
How much can I transfer as an existing customer?
Existing customers are not eligible to apply for a new Barclaycard Balance Transfer card. However, you can make a transfer if you have a Balance Transfer offer on your existing Barclaycard. The minimum you can transfer is £100 in total, across all the balance transfers you are making on each occasion. The maximum amount depends on your individual credit limit and what your existing balances are.
Your transfer amount (excluding the fee) can’t take you above 90% of your credit limit. You’ll find your credit limit in Barclaycard online servicing and the app. You can have up to six balance transfers on your account at any time.
Is there a fee?
In most cases, there’s a one-off fee – it depends on your offer and your transfer amount. Details of your fee can be found in Barclaycard online servicing, on the app, or by calling us.
Are there any restrictions for balance transfers?
Yes, you can’t make a transfer to any other Barclaycard or our partner cards. You’ll need to keep making the usual payments on your other credit card until the transfer’s been made.
What are my offers?
You’ll see your offers in Barclaycard online servicing, on the app, or by calling us. Just bear in mind that they’ll only be available for a limited time – and they’ll depend on some fraud and credit checks we’ll run when you apply.
You will not earn Cashback or Freedom points on balance transfers.
How do I get my offers?
Make your transfer before your offer close date. If you ask us to make a transfer within business hours (on a weekday before 7pm, not including bank holidays), the payment will reach your bank or other lender on the next working day. If you ask us to make a transfer outside business hours, we’ll process your request on the next working day and the payment will reach your bank or other lender on the next working day after that
We’ll sometimes do extra checks on transfers. If so, things might take a bit longer. But we’ll always try to get your transfer across as soon as we can.
When will I pay interest?
How do I pay my transfer off?
When you pay us, we’ll use your payment to reduce balances with the highest interest rate first. If you’ve got two promotional balances at the same rate, we’ll pay off the balance on the one that ends first.