Barclaycards

Question 1

What is BPAL?

Answer 1

Barclays Pre-Assessed Limit
Pre-assesses lending appetite of a customer
Minimum credit limit that will be approved

Question 2

What is an upfront sanction and who can it benefit?

Answer 2

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

Question 3

What cash back options are available on a Select Cashback Credit Card?

Answer 3

Uncapped 1% or 2% on expenditure with BT or EE

Question 4

What’s the annual fee for a Select Cashback Credit Card?

Answer 4

No annual fee

Question 5

What is the interest free credit period when paid in full and on time for the Commercial Credit Cards?

Answer 5

56 days

Question 6

What insurance/protection is available for Select Cashback Credit and Charge Cards?

Answer 6

Cardholder Misuse Insurance and Purchase Protection

Question 7

What is the purchase rate of a Select Cashback Credit Card?

Answer 7

21.9%

Question 8

What is the annual fee for a Premium Plus Credit Card?

Answer 8

£150 per account

Question 9

What is the purchase rate for a Premium Plus Credit Card?

Answer 9

14.9%

Question 10

What insurance/protection is available for a Premium Plus Credit Card?

Answer 10

Cardholder Misuse Insurance, Purchase Protection and Travel Insurance

Question 11

What is the cash back for purchases on a Premium Plus Credit Card?

Answer 11

0.5% up to £400/year

Question 12

What is the initial free purchase fee period on a Premium Plus Credit Card?

Answer 12

6 months

Question 13

Which international fees are discounted on a Premium Plus Credit Card?

Answer 13

0.99% non-sterling transactions
Save 2% on foreign exchange fees

Question 14

How long do you have to pay back a Charge Card?

Answer 14

38 days

Question 15

What is the annual fee for a Charge Card?

Answer 15

£42

Question 16

What does Section 75 of the Consumer Credit Act 1974 cover?

Answer 16

Cost of an individual item between £100 to £30,000

Question 17

What are the features and benefits of a Select Cashback Credit Card?

Answer 17

• 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

Question 18

What are the features and benefits of a Premium Plus Credit Card?

Answer 18

• 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

Question 19

What are the features and benefits of a Select Charge Card?

Answer 19

• 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