We’re not charging late payment or cash advance fees, to help during the coronavirus situation
To make things a little easier during these difficult times, we’re not charging late payment or cash advance fees between 19 March and 17 June. You’ll still need to pay at least the minimum payment on time every month. That way, you’ll pay us less interest and your credit score won't be affected as long as you were up to date with your payments last month and you make at least the minimum payment to us within 14 days of the payment due date.
If your income is being impacted by coronavirus and you’re not able to make repayments at this time, we want to help. You may be eligible for a Barclaycard payment holiday which means that you won’t need to make your usual payments for up to three months. The quickest and easiest way to apply is to fill in our online form.
Visit our coronavirus help and support pages for more information on managing your money.
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 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:
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.
What you can do to avoid default fees
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
If you buy something with your card while your abroad, you’ll pay one single, non-sterling purchase fee of 2.99% every time you use it. Should you withdraw foreign currency using your card, you will also be charged a cash transaction fee of 2.99% (minimum fee of £2.99).