Jump to content

Barclays BT Question


Recommended Posts

Barclays MC was tossing me beautiful BT offers. Example: 12 months, O% int, 2% fee., etc. I could direct deposit to my bank account. Everything huggy face kissy poo. Second highest limit (even now.) One BT for $5000 PIF. Six months later BT $8000 PIF.

Did downgrade from $89 card to free one a year ago. 

 

For the last six months current offer: 23% int, 3% fee, no direct deposit, creditor payment only. My data points steady Freddy. Mid-High 700’s. Well under 8.9% overall, all usual advice followed, not credit seeking, only one reporting balance, etc. etc.


I realize their is no direct answers, endless data points, yet any random thoughts? Curious.

 

Thank you.

Link to post
Share on other sites

5 hours ago, busted2 said:

Barclays MC was tossing me beautiful BT offers. Example: 12 months, O% int, 2% fee., etc. I could direct deposit to my bank account. Everything huggy face kissy poo. Second highest limit (even now.) One BT for $5000 PIF. Six months later BT $8000 PIF.

Did downgrade from $89 card to free one a year ago. 

 

For the last six months current offer: 23% int, 3% fee, no direct deposit, creditor payment only. My data points steady Freddy. Mid-High 700’s. Well under 8.9% overall, all usual advice followed, not credit seeking, only one reporting balance, etc. etc.


I realize their is no direct answers, endless data points, yet any random thoughts? Curious.

 

Thank you.

Sir Barclay's use to send me BT checks 0% for 12 months and a 1% fee. I haven't got any in a while now they may have shifted gears as others mentioned. 

Link to post
Share on other sites

The high APR terms are what I have been seeing for the past few years...never understood why they believe it is an attractive offer, but then again, their constant refusal to give a line increase ALSO makes little sense.  Suffice it to say, they don't get business from me except and unless I absolutely have no choice but to fly Frontier...

Link to post
Share on other sites

Does anyone who has taken advantage of 0% rate offers think the gravy train would last forever (even with the hordes of consumers who would eventually pay dearly for such credit extensions after the promo rate lapsed)?

 

But, yeah, our Barclays 0% offers appear to have dried up since beginning sometime this last summer.  I don't see this so much as "shifting sands" but, instead, more conservative lending practices as elements of the economy get tighter.

 

For that matter, bt offers from the general array of my issuers have become leaner.  4%/5% transfer fees, 0.99% promo rates and shorter promo periods are becoming the norm.  (In fact, if you haven't take advantage of the Chase Slate 0% bt, no fee intro offer, I'd expect the window could likely close sometime soon.)

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Similar Content

    • By princedazzler
      Ive had the Citibank Double cash card for over 2 years now with a measly $2060 credit limit and with high 700 credit scores,  6 figure yearly income and only 2% Utilization on 18 credit cards, Mortgage and no late payments
      These suckas keep declining me for a simple credit limit increase..   Sock drawer it goes.. F Them!!!   Im not saying im entitled  But dang  I KNOW im atleast a good candidate for  Hell a $1000 increase atleast..sheesh  smh
       
      Anybody else want to weigh in on this?
    • By djplourd
      Ok, I just got an unsolicited $5,000 CLI on my CITI Simplicity MC, bumping me up to $23,000.  I have been using this card recently because they gave me a 0% on all purchases and BTs deal until April 2021.  This has come in handy, as we're selling our house and had to make some repairs along with paying moving and storage costs.  The CLI is just gravy on top.
    • By Macrophage
      Hi there,

      For a few years now I have been in credit card debt with Gap. I had gone through a period paying some of it off to the creditor, Synchrony Bank, then for other reasons became broke and started to neglect my finances.  After several months of radio silence with the store and the creditor, I received this email by a third party, TrueAccord, claiming the creditor, LVNV Funding LLC, now has my account and may take legal action. These agencies look legitimate through my own background check but I'm still suspicious they didn't contact me by mail and I also want to be sure they have the correct information on my case. 

      Fortunately, I am now in a position where I can make payments again and would like for this to be a one-time settlement to whom ever holds my account. 
       
      Can anyone vouch for Trueaccord and LVNV Funding LLC and for those that have been in a similar situation how should I proceed? 
       
      Any advice will be helpful.
       
    • By hegemony
      Credit Cards Start Cutting Limits for People Facing Tough Times
       
       
       
       
       
    • By Occam
      https://www.businessinsider.com/kroger-reverses-visa-credit-card-ban-2019-10?r=US&IR=T



  • Member Statistics

    • Total Members
      180,619
    • Most Online
      2,046

    Newest Member
    coachdanirenee
    Joined
×
×
  • Create New...

Important Information

Guidelines