topic Re: Anyone received 0% check from Barclaycard? in Credit Cards

Anyone received 0% check from Barclaycard?

Anonymous — Fri, 16 Oct 2015 07:55:53 GMT

I got 4 checks with 0% APR for 1 year and 2 years. What's the catch?

Re: Anyone received 0% check from Barclaycard?

Anonymous — Fri, 16 Oct 2015 07:59:19 GMT

Are these personal checks for your CC?

Re: Anyone received 0% check from Barclaycard?

jasonkm1 — Fri, 16 Oct 2015 08:40:17 GMT

No catch; i've been getting them every month with my monthly statement for the past 3 years or so and used it about 3 times. it's good for 14 month interest free loans, just have to pay the 3% charge but i wouldn't call it a "catch"

Re: Anyone received 0% check from Barclaycard?

Anonymous — Fri, 16 Oct 2015 09:06:20 GMT

3% is a deal breaker.

Re: Anyone received 0% check from Barclaycard?

Anonymous — Fri, 16 Oct 2015 11:31:58 GMT

@Anonymous wrote:
3% is a deal breaker.

money is not loaned for free. What you get for a BT is effectively a 3% loan. Pay the fee up front, when your statement cuts. Deal breaker? Not really.

Re: Anyone received 0% check from Barclaycard?

Anonymous — Fri, 16 Oct 2015 12:09:05 GMT

DH got 0% for 6 mp with 1% fee on SM

Re: Anyone received 0% check from Barclaycard?

takeshi74 — Fri, 16 Oct 2015 14:11:50 GMT

@Anonymous wrote:
I got 4 checks with 0% APR for 1 year and 2 years. What's the catch?

As always, read the terms. Your checks came with them.

Re: Anyone received 0% check from Barclaycard?

Anonymous — Fri, 16 Oct 2015 15:23:25 GMT

Why pay 3% up front to balance transfer? 3% up front is like 3 months worth of accrued interest on a 12% card. Get a new card with 0% interest and just pay off card with interest - load new card with charges.

Re: Anyone received 0% check from Barclaycard?

Imperfectfuture — Fri, 16 Oct 2015 18:35:49 GMT

@Anonymous wrote:
3% is a deal breaker.

I used the 1% check for one year.

Re: Anyone received 0% check from Barclaycard?

Imperfectfuture — Fri, 16 Oct 2015 18:37:06 GMT

@Anonymous wrote:
Why pay 3% up front to balance transfer? 3% up front is like 3 months worth of accrued interest on a 12% card. Get a new card with 0% interest and just pay off card with interest - load new card with charges.

Not everyone wants to get new card.

Re: Anyone received 0% check from Barclaycard?

Anonymous — Fri, 16 Oct 2015 18:47:30 GMT

Received two seperate mailings (3 checks each) for 0% with 1% BT. Cant beat that.

Re: Anyone received 0% check from Barclaycard?

Anonymous — Fri, 16 Oct 2015 18:59:45 GMT

This might be a silly question...but I've never recieved checks. Do you have to get paper statements or if you do online only would they send them some other way?

Re: Anyone received 0% check from Barclaycard?

Anonymous — Fri, 16 Oct 2015 19:39:09 GMT

I have paperless and getting these check regularly.

Re: Anyone received 0% check from Barclaycard?

morgacj2004 — Fri, 16 Oct 2015 19:42:52 GMT

Re: Debit2Cash post. Could not agree more. Why pay the 3%. Get a new card with 12-18mo 0% APR.! Makes complete sense to me.

Re: Anyone received 0% check from Barclaycard?

woodyman100 — Fri, 16 Oct 2015 19:43:57 GMT

I get them constantly for my Wyndham.
I got a set for a SM once, but I didn't want to sock drawer the card. The 5% rewards are too valuable