Barclaycards Flashcards
What is BPAL?
Barclays Pre-Assessed Limit
Pre-assesses lending appetite of a customer
Minimum credit limit that will be approved
What is an upfront sanction and who can it benefit?
Customer requests a specific credit limit prior to application
Assessed by a Barclaycard Credit Manager
Benefits
- switchers who may have higher credit limit
- specific limit to support business needs of existing customers
What cash back options are available on a Select Cashback Credit Card?
Uncapped 1% or 2% on expenditure with BT or EE
What’s the annual fee for a Select Cashback Credit Card?
No annual fee
What is the interest free credit period when paid in full and on time for the Commercial Credit Cards?
56 days
What insurance/protection is available for Select Cashback Credit and Charge Cards?
Cardholder Misuse Insurance and Purchase Protection
What is the purchase rate of a Select Cashback Credit Card?
21.9%
What is the annual fee for a Premium Plus Credit Card?
£150 per account
What is the purchase rate for a Premium Plus Credit Card?
14.9%
What insurance/protection is available for a Premium Plus Credit Card?
Cardholder Misuse Insurance, Purchase Protection and Travel Insurance
What is the cash back for purchases on a Premium Plus Credit Card?
0.5% up to £400/year
What is the initial free purchase fee period on a Premium Plus Credit Card?
6 months
Which international fees are discounted on a Premium Plus Credit Card?
0.99% non-sterling transactions
Save 2% on foreign exchange fees
How long do you have to pay back a Charge Card?
38 days
What is the annual fee for a Charge Card?
£42
What does Section 75 of the Consumer Credit Act 1974 cover?
Cost of an individual item between £100 to £30,000
What are the features and benefits of a Select Cashback Credit Card?
- 1% uncapped and 2% on expenditure with BT or EE
- Purchase Protection and Cardholder Misuse Insurance
- Multiple cardholders within an account without extra charges
- No annual fee
- Up to 56 days interest free credit when paid in full and on time
What are the features and benefits of a Premium Plus Credit Card?
- Access to VIP travel lounges, paying £20 when you exceed 2 trips
- Cardholder Misuse Insurance, Purchase Protection and Travel Insurance
- 56 days interest free credit when paid in full and on time
- £150 annual fee per account (can have multiple cards for free)
- Discounted rate on foreign exchange fees
- Cashback on purchases and travel fees
What are the features and benefits of a Select Charge Card?
- 38 days to pay back in full
- More for customers who need protection on purchases and funding but not for cash flow solution
- 2% cash back on BT and EE expenditure
- Cardholder Misuse Insurance and Purchase Protection
