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Is Barclays Crazy??

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CS800
Super Contributor

Is Barclays Crazy??

Got some checks from them yesterday that I can use to pay bills.

 

The kicker:

 

Now I can pay my bills with checks that have a low APR of 20.99%. Thats what I think it said. They considered this to be low 20.99%




Message 1 of 20
19 REPLIES 19
pizzadude
Credit Mentor

Re: Is Barclays Crazy??

 

Yeah, that's a good one.......And I'm guessing they would be considered a "cash advance" so interest would start accumulating immediately......

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 2 of 20
john398
Senior Contributor

Re: Is Barclays Crazy??

They probably trying to get more money to pay off there fines LOL

Message 3 of 20
Repo-ed
Senior Contributor

Re: Is Barclays Crazy??


@pizzadude wrote:

 

Yeah, that's a good one.......And I'm guessing they would be considered a "cash advance" so interest would start accumulating immediately......


 

They sent me a check with the card they issued me. I quickly tore it up and threw it away.

5/2012: 560 credit scores across the board
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2/2023: Experian via Chase United Explorer CC pull - 891
Message 4 of 20
compassion101
Established Contributor

Re: Is Barclays Crazy??

Don't forget the low 4% cash advance fee Smiley Wink

Message 5 of 20
score_building
Senior Contributor

Re: Is Barclays Crazy??

Shudder to think all the card holders who may not quantify the real cost in advance and use the checks for the convenience factor.

DCU EQ 5.0, Citi EQ 08 Bankcard, PenFed EX NG2
EX 08: AFCU, Amex, Chase, PSECU EX 98(?)
TU 08: Barclays, Discover
Message 6 of 20
YahComb
Established Contributor

Re: Is Barclays Crazy??

Discover has sent those 2 me a couple times in the last couple months. lolwut? Shredder.

EQ-736(08/14) TU-752(09/14)
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Closed Cards: 4 Oldest: 3yrs AAOA: 2yrs
Message 7 of 20
Brian_Trying_700
Frequent Contributor

Re: Is Barclays Crazy??

Barclays sent me checks last week that had a 5.99 apr for 6 months on home improvement. Its good through October 1. I went to Lowes and bought a new sliding door. Other wise it would have been 22.99 apr..

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 $ ?
Message 8 of 20
migliogiorni
Established Contributor

Re: Is Barclays Crazy??

LOL

 

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Message 9 of 20
SpiceIslander
Frequent Contributor

Re: Is Barclays Crazy??

LOL! That reminds me of the checks Capital One sends me to do a balance transfer from my high APR cards when theirs is the highest I have!

Meg.

FICO: 4/2016 - TU 841 | EQ 840 | EX 837

FNBO 23,600 | Amex SPG 13,900 | Amex BCP 13,400 | Barclays/Sallie Mae13,000 | Discover IT 12,500 | Lowes 10,000 | PLOC 9,300 | NASA FCU 8,700 | Citi Simplicity 6,200 | BOA Platinum+ 6,000 | Achieva CU 5,500 | Chase CSP 5,000 | Sam's Club 3,000 | Sears 900
Message 10 of 20
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