Credit card fees

If you’re thinking about getting a credit card, you need to know about the fees that you could be charged. Fees are what you'd pay in specific situations, for example, if you pay late, transfer a balance to your credit card, or use your card abroad.

Fees for late payments, returned payments, or going over your credit limit

These are known as default fees. If we charge a default fee on your account, this will be shown on your statement.

There's a £12 default fee for each time:

  • You make a late payment.
  • You miss a payment.
  • You pay less than your minimum amount.
  • You go over your credit limit.
  • Your payment is returned, for example if a Direct Debit doesn’t go through.

Managing your default fees

It’s important to keep on track with your payments, because in some situations we could charge you two default fees. For example:

  • Your payment is returned to us after a Direct Debit doesn't go through. This then means you miss your minimum payment that month. You'll be charged both a late payment fee and a returned payment fee
  • If you’re close to your credit limit a late payment fee could cause you to go over. You’ll be charged an over credit limit fee, as well as a late payment fee

What you can do to avoid default fees

  • Set up a regular payment or Direct Debit to pay a fixed amount each month that covers at least your minimum payment. You should always try to pay more than your minimum payment. This is to make sure you limit the amount of time it takes to pay off what you owe.
  • Register for Barclaycard Online Servicing and you can set up alerts to help you stay on top of your account. These include alerts to remind you when you need to make a payment to avoid a late payment fee, and balance limit alerts to let you know when you're getting close to your credit limit.
  • Change your payment date to one that’s more convenient for you. All you need to do is log in to or register for Barclaycard online servicing and send us a secure message – through your 'Help’ menu – with the date you’d prefer. We’ll get back to you within 24 hours with the nearest available new payment date.

Interest on default fees

We don’t charge you any interest on default fees for 28 days starting from the time we let you know that it is being charged. But after 28 days, we charge interest on your default fee at your standard rate.

Stay on top of your credit rating

Missing a payment won’t just result in a default fee. If you miss a payment or make a late payment you could lose any promotional rates you may have. It could also have an impact on your credit rating. This is because the way you manage your account can be reported to credit reference agencies. More about credit history.

Fees for balance transfers and offers

Your fee depends on your offer, which we’ll always confirm before you apply. This includes balance transfers, money transfers and other promotional offers. If a fee applies to a balance you transfer to your Barclaycard, it will be charged on the amount you’re transferring.

The fee is calculated as a percentage of the amount you’re transferring, and it will be added to your balance. You’ll pay interest on the balance transfer fee at the same rate as the rest of your balance transfer amount.

Fees for using your card abroad

There is a fee if you use your card to withdraw cash or make purchases while you're abroad. You’ll be charged a single transaction fee of 2.99% every time, unless you have our Platinum travel credit card.

Fees for duplicate copies of your statements

In limited circumstances, we may charge you £2 for a duplicate paper copy of your statement or a record of a transaction. But if you’re registered for Barclaycard Online Servicing, or you use our Barclaycard app, you can download them for free.