By: Kate Anderson | Updated: 15th May, 2019.
With the Barclaycard Platinum Cashback Plus Card you are looking at no fees for spending or withdrawing cash abroad, plus the added little extra of 0.5% cashback for the first three months, and then 0.25% cashback on everything you spend until 31 August 2023.
This card has no fee on non-sterling transactions and no fee on cash withdrawals made abroad. Added to that you can earn 0.5% cashback on everything you spend for the first three months, and then 0.25% after that, until 31 August 2023. And there's no limit on how much cashback you accrue.Read full review >
|Representative rate||21.9% APR (variable)|
|Purchase rate||21.9% p.a. (variable)|
|Assumed credit limit||£1,200|
0.5% cashback on all spend in the first three months
This card has no fee on non-sterling transactions and no fee on cash withdrawals made abroad. Added to that you can earn 0.5% cashback on everything you spend for the first three months, and then 0.25% until 31 August 2023. And there’s no limit on how much cashback you accrue.
Cashback offers are rare, and this coupled with no annual fee and no fees for overseas usage means the Barclaycard Platinum Cashback Plus Card is giving other travel credit cards a run for their money.
I worked on the front line of personal-finance best buys for over eight years at one of the world’s largest research companies, Nielsen. I reported daily on the developments of the 2008 financial crisis and beyond, keeping up with the changing financial landscape and providing insights to all the major banks in the UK. I know the key players in the market and the tactics behind how they behave. All of which I will apply to highlight the best deals and give honest reviews to help you in your search.
The Barclaycard Platinum Cashback Plus Card has the travel elements of the card locked down, but here are a couple of other areas that it could offer more on.
In terms of travel offers the Barclaycard Platinum Cashback Plus Card is right in the mix, with no fees for spending or withdrawals made in the local currency when you are out of the country. Then you also have the 0.25% cashback offer with a long period in which to earn uncapped rewards. The only area where this card falls short of its rivals is that it does not offer any introductory interest-free period for purchases or balance transfers.
Barclaycard has relatively high eligibility requirements. Applicants must be aged 21 or over (compared with the standard aged 18 or over) and have had a permanent address in the UK for at least three months. They must also not have been declared bankrupt in the past six years, and not have had an individual voluntary arrangement (IVA) or county court judgment (CCJ). Applicants must be able to prove they have at least four years of managing credit and a personal annual income of more than £20,000.
Barclaycard has a ‘check your eligibility’ option on its website which you could use to see whether you would be likely to be accepted before you apply.
Applications can be made through Barclaycard’s website. You will need to provide address details for the last two years, a phone number and email address, current employment details, information regarding your annual income and your main UK bank account sort code and account number.
If you want a travel card with a little bit extra, then the Barclaycard Platinum Cashback Plus Card could be a good choice. It has what is essential from a travel credit card, in the form of no fees for overseas usage, plus it also has the 0.25% cashback offer. While 0.25% is on the lower end of what you could get from other cashback credit cards, the fact that the card has no annual fee, does not limit how much cashback you can earn over the period, and has no fees for spending or cash withdrawals abroad means it all adds up to a well-rounded package. The only thing to be certain of is that you do not need an introductory interest-free deal for purchases or balance transfers, as this card does not offer these.
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