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Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
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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
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Registered: ‎08-20-2012
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Re: Received interesting Barclays Offer

Very good question.

Established Contributor
Posts: 533
Registered: ‎02-14-2012
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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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Super Contributor
Posts: 5,052
Registered: ‎12-11-2011
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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. 

;
Valued Contributor
Posts: 2,982
Registered: ‎02-09-2012
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Re: Received interesting Barclays Offer

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

Barclaycard Apple Financing (2100), Discover More (2500), US Bank Visa Platinum (2000), CFNA (2200), Chase Freedom (500), Capital One (1500), HSBC Platinum Master Card (750), Nebraska Furniture Mart (1000)
Valued Contributor
Posts: 2,982
Registered: ‎02-09-2012
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Re: Received interesting Barclays Offer

wait, you know what...that was the case for me - and that is why i trashed them.
5/2012: 560 credit scores across the board and $500 secured CC
12/2014: 750+ scores across the board and $80k in revolving credit

Get those baddies removed!!!
Moderator Emeritus
Posts: 7,225
Registered: ‎09-16-2011
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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
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Re: Received interesting Barclays Offer

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

Valued Contributor
Posts: 1,959
Registered: ‎01-24-2012
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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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