Credit card holders who are wary of cheap introductory periods that end after a few months may be interested to know of a new deal from credit card company Barclaycard.
Available until the end of February 2007, the new credit car offer involves customers being given a fixed balance transfer rate of 6.9 per cent.
However, unlike some credit card deals, Barclaycard has guaranteed that this percentage will hold steady until the entire debt is paid off, meaning that customers will not find their lending rates increase rapidly after a few months.
Additionally, Barclaycard has announced that it will accept debts up to £5,000 or 90 per cent of the new credit limit.
The Barclaycard brand was introduced to UK customers in 1966 by banking institution Barclays.
It brought the US-conceived concept of credit cards to the UK for the very first time.
In later years, it became famous for a string of adverts fronted by actor and comedian Rowan Atkinson who played a bumbling spy.
The ex-Blackadder star later reprised the role for a spin-off feature film, entitled Johnny English.
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Barclaycard unveils credit card offer eschewing introductory periods
Fri, 16 Feb 2007
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