Barclaycard, CREDIT CARDS

Barclaycard Christmas deal pleases consumers

Barclaycard, together with a leading comparison site, is offering a limited Christmas deal that allows their customers to get cash back from their Christmas spending.

“For those customers in the market for a new credit card we are delighted to be able to give away £30 as an early Christmas present to say thank you for using our site,” said Chris Griffiths, Head of Credit Cards at the comparison site Confused.com.

As Griffiths explained, this offer means customers can now benefit from an extra £30 back in their pockets when getting the market leading balance transfer card Barclaycard's Platinum - which offers 22 months 0% interest.

This deal is available on a number of Barclaycards, including the market leading 22 month 0% on balance transfers Platinum card, and the 14 month 0% on transfers and purchases card. However, clients can also earn rewards with the Freedom reward scheme.

Customers will only be entitled to obtain the 30 cash-back once they have been accepted for a Barclaycard and transacted over £250 within the first 60 days of opening their account.

Compare cash-back credit cards

"When considering a new credit card it is important to shop around to find the best deal, consider how you want to use it as different cards are better suited for different purposes,” recommended Chris Griffiths.

Nevertheless, Barclaycard is not the only company announcing cash-back offers. According to the independent financial research company Defaqto, there are a total of 13 credit cards on the market which offer cash-back rewards for spending.

As that research found, Capital One’s World MasterCard offers the highest cash-back reward at 5.0% on purchases for the first 99 days.

"There are essentially four types of rewards available: air miles; cash back; points schemes and shopping rewards,” said David Black, Defaqto's Insight Analyst for Banking.

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