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Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Received interesting Barclays Offer

This one offers 0% introductory APR until 12/11/13, after it becomes 17.99%. Transaction must post to account by 1/16/13. 3% BT fee.

 

They enclosed 3 checks.

 

Im curious if I can payoff a loan that I have with the check? Loan is from last year with a high APR and i'd love to PIF that and get 0% as well.

 

Anyone know if this is possible?

 

 

 

 




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Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012

Re: Received interesting Barclays Offer

Very good question.

Established Contributor
adavis425
Posts: 512
Registered: ‎02-14-2012

Re: Received interesting Barclays Offer


LS2982 wrote:

This one offers 0% introductory APR until 12/11/13, after it becomes 17.99%. Transaction must post to account by 1/16/13. 3% BT fee.

 

They enclosed 3 checks.

 

Im curious if I can payoff a loan that I have with the check? Loan is from last year with a high APR and i'd love to PIF that and get 0% as well.

 

Anyone know if this is possible?

 

 

 

 


I don't see why not. Chase just sent me a set of "convenience" checks and suggested that I do just that. :smileytongue: I think you'd have no problem...and no interest!

 

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Valued Contributor
jsucool76
Posts: 2,770
Registered: ‎12-11-2011

Re: Received interesting Barclays Offer

Shouldn't be a problem at all, as long as the 0% APR is also for BTs and not just purchases. Also...your CL would have to be high enough :smileytongue: 

 

My sister got a very similar thing on her upromise card and immediately called me to find out what it meant because she didn't have any idea what it was. You could pretty much use the check anywhere so long as you have enough available credit to pay for it. 

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Valued Contributor
Repo-ed
Posts: 2,953
Registered: ‎02-09-2012

Re: Received interesting Barclays Offer

thats what they are for! they sent me one for 1k as well, though i threw it out.
Contributor
spengbab
Posts: 100
Registered: ‎02-13-2012

Re: Received interesting Barclays Offer

Correct me if I'm wrong, don't the checks count as cash advance that are subject to a higher APR?

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Valued Contributor
Repo-ed
Posts: 2,953
Registered: ‎02-09-2012

Re: Received interesting Barclays Offer

wait, you know what...that was the case for me - and that is why i trashed them.
Super Contributor
webhopper
Posts: 7,230
Registered: ‎09-16-2011

Re: Received interesting Barclays Offer

Best advice.... read the fine print that comes with the checks... make sure they count as something other than a cash advance!

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New Contributor
Posts: 58
Registered: ‎01-10-2009

Re: Received interesting Barclays Offer

Take a look at PSECU no balance transfer fee with 2.9% APR.

Valued Contributor
navigatethis12
Posts: 1,881
Registered: ‎01-24-2012

Re: Received interesting Barclays Offer

Those blasted things come for me all the time. You can even do it online if you want. You could also wait until you get the ones that offer to increase your line by the amount of the transfer, permanately.


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