Credit Cards Center Credit cards from our partners
Reply
Frequent Contributor
Posts: 445
Registered: ‎09-14-2011
0

Barclays credit Good or bad ??

What is a Barclays credit card. I see that a lot of folks here have them. Is Barclays like a Amex or Discover card ?

Garden mode till 11/19/2013 Amex Zync 500 H-L I Discover More 1750 I Capital One Rewards 1750 I Barclay Apple 1500 I Macys 2000 I Orchard 400 I Walmart 2000 I Chase Freedom 1500 I Lowes 1K l Barclay NFL 1K l Wright Express gas 2500 l PayPal Debit MasterCard BusinessCard $ ?
Mega Contributor
Posts: 15,446
Registered: ‎04-09-2011
0

Re: Barclays credit Good or bad ??


Brian_Trying_700 wrote:

What is a Barclays credit card. I see that a lot of folks here have them. Is Barclays like a Amex or Discover card ?


Wouldn't put them that far up there but they are close. I personally love my card, the big thing with them is being INQ/new account sensitive after you've opened your account for about 6-12 months.




EQ FICO 548 3/3/16
Senior Contributor
Posts: 3,345
Registered: ‎05-05-2011
0

Re: Barclays credit Good or bad ??

[ Edited ]

Here's a link to their site: https://www.barclaycardus.com/  This has a list of all of their CCs: http://www.aboutbarclaycardus.com/prodsresource_products.php

 

Barclay's is a bank that offers Visa and MC. They are a prime lender, but seem to be a little more flexible than some of the other, more conservative lenders.

 

They have a variety of cards, which you can see from their site. Some have rewards, some don't.

 

A lot of people on the forum have the Barclay's Apple card because they were really good on approvals and also on increasing the initial CL given. For example, I was approved for $1200, I think it was. I called the next day to recon the CL and they asked me a few questions and then increased my CL to $2200, which was my highest limit at the time. They also had 0% financing on Apple products, which a lot of us took advantage of.

 

My experience with them has been positive. However, you may read some negative threads here about them. They are VERY picky about getting new CCs after you get theirs. A good rule of thumb is to wait at least 6 mos after getting a Barclay's to get any new CCs.

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Senior Contributor
Posts: 3,197
Registered: ‎01-24-2010
0

Re: Barclays credit Good or bad ??


Brian_Trying_700 wrote:

What is a Barclays credit card. I see that a lot of folks here have them. Is Barclays like a Amex or Discover card ?


Barclays is an international bank.  They have a lot of cobranded cards.   There have MasterCard, VIsa, and AMEX network cards.

Valued Contributor
Posts: 1,183
Registered: ‎12-12-2011
0

Re: Barclays credit Good or bad ??


Brian_Trying_700 wrote:

What is a Barclays credit card. I see that a lot of folks here have them. Is Barclays like a Amex or Discover card ?


Barclays bank is a credit card that i would never get, people say that if inq or new accounts are opened the close out accounts. I dont want to have get a card in Jan and in May i need to apply for a new account and have to be scared that Barclays will close my account.
Walmart / SYNCB - 12,000 | JCP MasterCard / SYNCB - 10,000 | Dillard's / Wells Fargo - 5,000 | Amazon / SYNCB - 10,000 | Capital One - 4,200 | Bank Of America 123 Cash Back - 12,000 | AMEX Hilton HHonours - 5,000 | PenFed Platinum Rewards Visa Signature - 30,000 | PenFed Travel Rewards AMEX - 10,000 | PenFed PLOC - 5,000 | PenFed Thrifty Credit - 500 | Discover IT - 11,000 | Wyndham / Barclays - 3,500 | Citi Simplicity - 7,300 | Amazon.com Visa Signature - 5,000 | Chase Freedom Visa Signature - $6,200.
Frequent Contributor
Posts: 445
Registered: ‎09-14-2011
0

Re: Barclays credit Good or bad ??

Thanks for all the great information. I just read on here 2hrs ago that they were approved for a for a $2200 credit limit when they got the card 2 months ago then a month later they applied for a Citi Bank and was appoved for $3k. Barclays sent a letter and they got a decrease for $400 which bring them to a $1800 C/L. Barclays I think is picky!

Garden mode till 11/19/2013 Amex Zync 500 H-L I Discover More 1750 I Capital One Rewards 1750 I Barclay Apple 1500 I Macys 2000 I Orchard 400 I Walmart 2000 I Chase Freedom 1500 I Lowes 1K l Barclay NFL 1K l Wright Express gas 2500 l PayPal Debit MasterCard BusinessCard $ ?
Senior Contributor
Posts: 3,197
Registered: ‎01-24-2010
0

Re: Barclays credit Good or bad ??


Brian_Trying_700 wrote:

Thanks for all the great information. I just read on here 2hrs ago that they were approved for a for a $2200 credit limit when they got the card 2 months ago then a month later they applied for a Citi Bank and was appoved for $3k. Barclays sent a letter and they got a decrease for $400 which bring them to a $1800 C/L. Barclays I think is picky!


Many have reported CL decreases if other credit is obtained within 6 months of getting a new card from Barclay. 

 

IMO, If you are a regular customer of one of the cobranded stores, that is a good reason to get one, otherwise not.

Frequent Contributor
Posts: 424
Registered: ‎09-07-2009
0

Re: Barclays credit Good or bad ??

I opened up my Barclays Itunes Rewards Visa in Oct 2010 along with all my other new GE cards in a matter of 6 months... now that I think of it after opening the Barclays Itunes card I opened about 7 new cards within 6 months!!! They have been good to me starting me off with $1k and now after the card being a year old I am at $4k!  They are always sending me 0% on balance transfers also.  Not saying I am the exception to the rule but I also have seen them sensative to new accounts I guess I will consider myself at least for now lucky they have not touched my card.  Smiley Indifferent god I hope I didnt jinx myself Smiley Happy....

MyFico 3B Scores: EQ: 3/22/16 (727), EX (710) TU (714)

Established Contributor
Posts: 676
Registered: ‎01-24-2008
0

Re: Barclays credit Good or bad ??

I have not had my account long enough to speak about Barclay  being too sensitive to customers applying for more credit post-approval for one of thier cards.  I am hoping I will not be affected by this sensitivity, as I did apply for and was denied a Chase card just three weeks ago. I can speak to their  CLIs via a recon calll.  

 

In January, I received a pre-selection offer ot their US Airways Dividends MIles MC.   I am an US Airways Dvidend MIles customer, but I have not flown with the airline in years and have never used any of the small rewards I have earned, but I am sure having the account is the only reason I was offered the MC.  I applied for the card and was approved for a $1000.00 CL, but before I even received the card, I called twice to request a CLI, and was approved, first for an extra $1000 and then for an extra $1500. 

 

Currently, this card has the highest CL of my three major credit cards, and I am optimistic that the CL will contiinue to grow with me.

*Note to self* Remember why and for how long you had to rebuild in the first place! One Day at a Time, One Day at a Time!
Mega Contributor
Posts: 15,446
Registered: ‎04-09-2011
0

Re: Barclays credit Good or bad ??


corymcd88 wrote:

Brian_Trying_700 wrote:

What is a Barclays credit card. I see that a lot of folks here have them. Is Barclays like a Amex or Discover card ?


Barclays bank is a credit card that i would never get, people say that if inq or new accounts are opened the close out accounts. I dont want to have get a card in Jan and in May i need to apply for a new account and have to be scared that Barclays will close my account.

With all of your other cards, there really isn't anything to app for. You have fallback cards.




EQ FICO 548 3/3/16

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.