Barclaycard Initial - Strengthen Your Credit History
The Barclaycard Initial is a no-frills credit card aimed at those who've had credit problems in the past, and comes with an interest rate to reflect this target market: 29.9% typical APR (variable)
This is figure is hugely uncompetitive within the general credit card market, but if you have a bad credit rating then your credit options are limited - the other card that springs to mind is the Capital One Classic which also has a similarly high rate but almost guaranteed acceptance.
This Barclaycard comes with no frills or extras such as introductory deals or balance transfers, it's purely aimed at people with poorer credit histories who would like to strengthen their rating by making regular repayments on a credit card.
Barclaycard Initial Features
- 29.9% typical APR (variable)
- Designed for people who've had credit problems in the past
- Credit limit up to £2,000
- No annual fee
- Flexible monthly repayments, mimimum £5 or 3%
| Egg Card - 0% on balance transfers and purchases |
| Virgin Balance Transfer Card - Awarded Best Buy by Which? Magazine |
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Other Barclays Products: Platinum, Business, Flexi-Rate, Simplicity, Home Insurance, Car Insurance, Regular Saver, Student |
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