Balance transfers

As long as you have a Balance Transfer offer on your account and enough available credit, you can transfer a balance to us at any time before the offer end date shown. Once you've made a transfer, you should continue making payments to your other lender/s until the balance shows on your Barclaycard statement.

The minimum you can transfer is £100. The maximum amount can vary, depending on your individual credit limit and the existing balance on your Barclaycard. You’ll find the amount you can transfer in 'Transfers and offers’ in Barclaycard online servicing, and in the Barclays or Barclaycard app. If you'd like to transfer more than your current credit limit, call us on 0800 151 0900 and we'll see what we can do.

To offer you greater flexibility and savings, we regularly offer interest-free or promotional balance transfer rates, for varying periods of time. There may be a one-off handling fee to pay when you make a balance transfer, which is usually a percentage of the amount you’re transferring. You’ll find details about specific promotional offers available to you in your Barclaycard app and  Barclaycard online servicing.

You can continue to buy things with your Barclaycard, but if you’ve got a balance or money transfer, you’ll be charged interest at your simple standard rate for anything new you buy, unless you pay those purchases off in full by your payment due date or you have a purchase offer. 

We use your payments to pay off your balance in this order: 

• firstly, your cash withdrawals are repaid
• next, we pay off your standard purchases
• finally, the payment goes towards your promotional balance until it's fully paid off. If you have more than one promotional balance, we pay off the one with higher interest rate first. If your promotional balances have the same interest rate, we'll reduce the balance with the earliest expiry date first.

You can choose how much to pay each month but should always make at least the minimum payment by the due date. You’ll find this information on your monthly statement.  You can also pay more than the minimum amount to reduce your balance sooner.  This can help you save money by paying less interest at the end of your promotional period when your balance is charged at your standard rate. 

If you don’t make your minimum monthly payment by the agreed upon due date, or if you ever exceed your credit limit, you’ll lose your promotional rate and incur the standard purchase rate.

If you don't pay off the whole balance each month on time, excluding any promotional balances, you will be charged interest on new purchases from the date the transaction appears on your account. Remember, your simple standard rate moves up and down in line with the Bank of England Base Rate.

The transfer will reach the other card company by the end of the next working day after you make your request. If you request a transfer outside of business hours – that's after 7pm on a weekday or any time at the weekend or a bank holiday – it may take longer. Occasionally we may have to make additional checks, for example, if we need to make sure that your request genuinely came from you. If this is the case, there may be a delay but we'll put the transfer through as quickly as we can.

After the promotional period ends, if you haven’t paid off the balance, you'll be charged your standard rate on the amount you still owe. Try our Repayment Calculator to see how much you could save in time and interest by paying more than the minimum each month.