topic Re: Replacing my Barclaycard Apple Financing card? in Credit Cards

Replacing my Barclaycard Apple Financing card?

jritch — Tue, 29 Jan 2013 13:57:14 GMT

Hi all

Has anyone had any success replacing a Barclaycard [specifically the Apple Financing Visa] to a different Barclaycard with better benefits/lower APR? The 22.99% is ridiculous and provides me no value anymore.

Last week I applied online for a CLI on my current Apple card from 3.7k to 7.5k. Got the typical ‘we’ll let you know in 24 hours’ and received a call about an hour later from a CSR saying that I was approved. I should have totally thought about replacing the card at that time, but I didn’t and it popped into my head last night.

I’m interested in the Ring card at 8% variable APR. I’m not really interested in benefits as CSP and Amex Platinum serve those functions.

I currently have and outstanding balance of 1.5k left on the card [from a large jewelry purchase] which I intend to pay off in the next 2-3 months.

I’d love to know if it Barclays makes this an easy process. Can I call the backdoor number, apply for that card and transfer the balance and close the Apple card in one fell swoop? Would now be the right time to do it?

Thanks!
J

Re: Replacing my Barclaycard Apple Financing card?

visorboy1974 — Tue, 29 Jan 2013 14:03:34 GMT

@jritch wrote:
Hi all

Has anyone had any success replacing a Barclaycard [specifically the Apple Financing Visa] to a different Barclaycard with better benefits/lower APR? The 22.99% is ridiculous and provides me no value anymore.

Last week I applied online for a CLI on my current Apple card from 3.7k to 7.5k. Got the typical ‘we’ll let you know in 24 hours’ and received a call about an hour later from a CSR saying that I was approved. I should have totally thought about replacing the card at that time, but I didn’t and it popped into my head last night.

I’m interested in the Ring card at 8% variable APR. I’m not really interested in benefits as CSP and Amex Platinum serve those functions.

I currently have and outstanding balance of 1.5k left on the card [from a large jewelry purchase] which I intend to pay off in the next 2-3 months.

I’d love to know if it Barclays makes this an easy process. Can I call the backdoor number, apply for that card and transfer the balance and close the Apple card in one fell swoop? Would now be the right time to do it?

Thanks!
J

Barclays usually encourages you to apply for another card separately, then will work with you to transfer limits from other cards etc. The only way I was able to do a PC was to threaten to close the card. I didn't have any rewards on my card so they just moved me to a Barclaycard Rewards MC. Never hurts to call them and explain your situation and what you're thinking.

Re: Replacing my Barclaycard Apple Financing card?

jritch — Tue, 29 Jan 2013 14:23:03 GMT

Do you think it would be easier if I waited to pay off the balance?

Re: Replacing my Barclaycard Apple Financing card?

visorboy1974 — Tue, 29 Jan 2013 14:56:44 GMT

@jritch wrote:
Do you think it would be easier if I waited to pay off the balance?

Likely...I doubt they'd let you transfer the balance to another Barclays card.

Re: Replacing my Barclaycard Apple Financing card?

Anonymous — Wed, 30 Jan 2013 01:51:19 GMT

The Apple Financing Card is actually a co-branded card and due to agreements with the co-brand partner Barclaycard does not allow a PC. However, as previously mentioned, an attempt to close the account will get them to bend the rules. Then again, they just might close it on you. So tread with caution.

The good news is that they will allow you to shift CL onto another card. You can app a new card and call in to move your Apple limit over thus closing your Apple card. They do this all the time. They will not move your balance, though.

Re: Replacing my Barclaycard Apple Financing card?

jritch — Fri, 01 Feb 2013 16:25:17 GMT

Hi all

So I full paid off my Barclay Apple card and have a zero balance. Would the best next step to apply for the Ring card be to call the backdoor number and explain that I would like Ring and ask for the same credit limit as my current card [7500], and close the Apple card? It sounds like Barc doesn't PC. Also, they just pulled by credit report for a CLI on 1/24: TU 779. I assume they would need to do a hard pull for this?

Thanks!

Re: Replacing my Barclaycard Apple Financing card?

Anonymous — Fri, 01 Feb 2013 16:31:21 GMT

This is excellent news I have my eye on the Lufthansa card in the next six months or so, I will shift my credit limit over to the Lufthansa card than effectively closing that card.

Re: Replacing my Barclaycard Apple Financing card?

CreditWorld2013 — Sun, 03 Feb 2013 00:27:37 GMT

jritch, I sent you a PM with some details.

Re: Replacing my Barclaycard Apple Financing card?

kimmiller112 — Sun, 03 Feb 2013 01:01:33 GMT

I got my Apple card first, then my USAir card a few weeks later. I waited 2 or 3 weeks, called them and asked them if I could transfer the credit line on my Apple card to my USAir card and close the Apple card. They did it immediately and were very nice and helpful about it.

Re: Replacing my Barclaycard Apple Financing card?

Anonymous — Sun, 03 Feb 2013 03:56:05 GMT

@kimmiller112 wrote:
I got my Apple card first, then my USAir card a few weeks later. I waited 2 or 3 weeks, called them and asked them if I could transfer the credit line on my Apple card to my USAir card and close the Apple card. They did it immediately and were very nice and helpful about it.

That's pretty good!

Usually they won't allow a direct PC, but maybe things have changed.

Re: Replacing my Barclaycard Apple Financing card?

CreditWorld2013 — Sun, 03 Feb 2013 17:36:06 GMT

Responded to the PM.

Re: Replacing my Barclaycard Apple Financing card?

Anonymous — Sun, 03 Feb 2013 21:57:30 GMT

This is exactly what I am trying to do now. I was declined for the US Airways card back in May, and I just tried again last night. Got the 7-10 day message this time instead of the instant denial. I was going to recon but they aren't open on weekends.

Hopefully they aren't just waiting for Monday morning to click "NOPE" on my application. I really need an airline miles card with all of the traveling that I'm doing for work. :/

(scores in sig are probably outdated)

Re: Replacing my Barclaycard Apple Financing card?

jritch — Mon, 04 Feb 2013 17:32:44 GMT

Update:

So I applied yesterday for the Ring card. I got the 10 day review message. Sure enough, receieved a call today from Barclaycard, wanted to confirm a couple things - particularly that I already had a card with them and had a recent CLI. They approved the Ring application and asked if I wanted to keep the Apple card, I initially said I wanted to combine, but he mentioned that they were going to have some 0% interest promotions with Apple for existing customers.

He added an addtional 5k CL to my account, bringing the total Barclaycard CL to 12.5k. I've split it 10k to Ring and 2.5k to Apple card. I'd like to see what type of promotion comes to fruition. I figured I could always call and close down the line and transfer the remaining balance over.

So, in the last week: started with 3.7k CL with Apple, called and was approved for a CLI to 7.5k last Tuesday. Added an additional 5k today. Not too bad.