Barclaycard 'Simplicity'

  Barclaycard say 'Simplicity is not having to transfer your balance again', as their card offers a permanent low rate of 6.8% typical APR for purchases AND balance transfers.

  This is not an introductory offer, and it won't run out in 6 months time leaving you with a sudden jump in interest rates.

  One thing to bear in mind is that to qualify you'll need an 'excellent' credit history according to Barclaycard, which may put some people off applying.

  In that case, an alternative may be the Platinum card from Capital One, which offers an even lower balance transfer rate also fixed for life, but a higher standard rate for purchases.

Barclaycard Simplicity In Brief

Standard Rate:	6.8% typical APR (variable)
Balance Transfer Deal?	No balance transfer offer
Purchases Deal?	No offer on purchases
Balance Transfer Fee:	2.5%
Introductory Cashback
Standard Cashback	-
Rewards Program?	-
Annual Fee:	-
Interest Free Period:	Maximum 56 days for purchases if you pay your balance in full and on time. There is no interest free period on cash advances, cheques or balance transfers
Minimum Repayment:	2.25% or £5 per month (whichever is greater)
Minimum Credit Limit:	£250
Maximum Credit Limit:	Subject to status
Notes:	Offering a single low rate for both purchases and balance transfers - no intro period