Barclays Credit Card – How to Apply

The Barclaycard is designed with a cashback system that is simple to use and understand. It offers that and so much more.

With no annual fee, it may lack some of the more in-depth benefits of some other card options. However, it is still a good option if you are looking to build your credit.

Next, we’ll discuss everything you need to know about this card. Plus, we’ll discuss how to apply for it. 

Barclays Credit Card - How to Apply

Features

This simple card uses a simple cashback structure – you earn .25% on everything you purchase. If you make purchases amounting up to £1000 the first month, you will receive a £25 bonus.

This card also offers zero foreign transaction fees, and you will still earn your cash back even when you use it outside of the UK. All you have to do is use the card and opt for local currency, and no fees will be tacked on to your monthly bill.

Benefits

The cashback you earn will appear on your annual statement, but that is not the only benefit that comes with using this product. Another benefit of this card is the purchase protection system. 

On any purchase over £100, you can receive a refund if they are deemed fraudulent. This only goes into effect if the retailer where you made the purchase is not willing to give you a refund.

The card also comes with the extra security of knowing that you will be notified within a minute of any fraudulent transactions. The card activity is monitored all day every day, so you can be assured of your financial security.

You also get savings for select live events when using your card to purchase the tickets. When using this benefit, you will receive 5% on Barclaycard Entertainment events and presales.

Another great benefit is the easy-to-use banking app that you can download to manage your account. This app allows you to pay bills, monitor account balances, transfer funds, and monitor your account transactions. 

How to Apply

In order to apply, make sure you are eligible (see the next section). The online site offers an eligibility checker to make things quicker for you. 

Once you have determined that you are eligible, you will then need to make sure you have all the information required for the credit card application. The application can be done online or in a branch office. 

Who is Eligible?

The requirements you need to meet to be eligible for this card are the following.

  • At least 21 years of age
  • Have a history of credit card management for at least 4 years
  • Income of £20,000 +/yr.

Fees and Interest

The bank will charge different interest rates depending on the account balance and changes in the Bank of England Base rate. For standard balance, you will be charged at a variable APR, and this rate will be found on your statement.

On cash withdrawals or other cash transactions, the interest rate will also be variable. If you use an installment plan to pay down your bill, the interest rate will be 0% per year.

As for fees, there are also a few to be aware of before applying for this card. On cash transactions made in sterling, you will be looking at a 2.99% fee with a minimum charge of £2.99.

When it comes to non-sterling purchases, money transfers, or installment plans, the fees associated with them will all depend on the offer you signed up for. There is no maintenance fee, but there are a few operational fees. 

If you are late with your payment, you will receive a £12 fee. This is the same fee you will encounter should you go over your credit limit.

Bank Contact Info

If you need more information or are already a Barclays customer, you can always reach out to their customer support line at @BarclaysUK. Also, there are many locations you can visit.

You can find the one closest to you by using their branch locator on the website barclays.co.uk. Additionally, you can use their online live chat messenger to talk with a representative.

Barclays Credit Card - How to Apply

Summary

The Barclays credit card is a very basic card that offers no annual fee and no foreign transaction fees. The easy-to-understand cashback system gives it an advantage over some of the other options on the market.

Note: There are risks involved when applying for and using credit cards. Consult the institution’s terms and conditions page for more information.