Credit Cards » Credit Card Reviews » Barclaycard Ring Mastercard Credit Card Review 2020
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Barclaycard Ring Mastercard Credit Card Review 2020

The Barclaycard Ring Mastercard is a credit card with a singular combination of features. It may be an excellent choice for certain consumers, namely those with an interest in travel and an eye for low interest rates.
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Some products that appear here are from companies from which this website receives compensation. This may impact how and where products appear on this site (including, for example, the order in which they appear). This compensation allows us to maintain a full-time, unbiased editorial staff. Our opinions are our own.

Rating:
4.1/5
4.1 stars out of 5

In This Review

The Barclaycard Ring Mastercard is a credit card with a singular combination of features. It may be an excellent choice for certain consumers, namely those with an interest in travel and an eye for low-interest rates. With no annual fee, a 0% introductory ARP, and low rates after the introductory period, this card gets high marks for affordability.

Barclays is a digital U.S. bank that operates all over the world. This bank prides itself on convenient personal banking and low rates, which is evident in the features offered by their consumer credit card programs. The Barclaycard Ring Mastercard is no exception, providing user-friendly features like free online access to your FICO Credit Score.

Barclaycard Ring Mastercard

On Barclays Secure Website

Our Bottom Line

Credit Requirements

PROS

CONS

While its lack of a rewards program is a setback when compared to similar cards, the Barclaycard Ring Mastercard has other upsides to consider, especially for frequent overseas travelers. Why’s that, you may ask? 

There are no foreign transaction fees on international purchases and the card includes an international chip and PIN that you can use at self-service chip terminals all across the globe. So, whether you travel regularly for work or are planning a lengthy foreign adventure, the Barclaycard Ring Mastercard should be near the top of your list of credit cards to consider.

0% intro APR for 15 months on balance transfers made within 45 days of account

Benefits

What makes the Barclaycard Ring Mastercard stand apart from the rest? The following features and benefits are essential components of this credit card program and are certainly worth your consideration.

Where affordability is concerned, a credit card with no annual fee is important for a large number of consumers. The Barclaycard ticks that box with zero annual fee, guaranteed..

A 0% introductory APR applies to each balance transfer made within the first 0% intro APR for 15 months on balance transfers made within 45 days of account. This perk may be particularly attractive for consumers looking to pay off debt through an interest-free balance transfer.  

In addition to a 0% introductory APR, the Barclaycard Ring Mastercard offers a low variable APR of 14.24% on balance transfers made after the first 0% intro APR for 15 months on balance transfers made within 45 days of account, as well as on purchases and cash transfers. 

With the Barclaycard Ring Mastercard, you get $0 Fraud Liability protection. So, in the case of account fraud and unauthorized charges, you will not be held accountable. This fantastic feature will give you the peace of mind in knowing that your finances are safe from fraudulent behavior

Overseas travelers can rejoice with the Barclaycard Ring Mastercard’s zero foreign transaction fees on international purchases. You can bring this card along on your global adventures and make fee-free purchases.

Staying educated on your finances is essential. This card makes it easy to do just that by granting cardholders free access to their up-to-date FICO Credit Score.

Drawbacks

While the Barclaycard Ring Mastercard is a well-rounded credit card and is undoubtedly a great choice for many consumers, it’s lacking a rewards program, especially when compared to other cards.

Credit card cash back programs can bring you a sizable financial bonus when you select the right one for you. Some cards offer cash back on categories, such a groceries, dining, or travel. Cardholders may receive cashback as a percentage of the purchase amount or as points that may be redeemed for rewards.

The Barclaycard Ring Mastercard doesn’t have a cash back rewards program, which is a significant downside. If earning rewards from credit card purchases is a priority for you, this credit card is not a good fit.

The fee on balance transfers posted within 45 days of an account opening are $0. After the 45-day period, the Balance Transfer fee is the greater of $5 or 2% of the transfer amount.

A selection of credit cards offer cardholders a statement credit for signing up. The amount of this credit varies, but it’s an easy way to get money back into your pocket through a consumer credit card.

Credit cards also occasionally offer a bonus when cardholders spend a certain amount in a set period of time. 

Unfortunately, the Barclaycard Ring Mastercard doesn’t offer a statement credit to new cardholders, nor does it offer a spending bonus. When compared to other cards, this is a definite drawback that needs to be considered.

Visit the Barclaycard Ring Mastercard Credit Card homepage and click “Apply Now.”

Barclaycard Ring Mastercard Credit Card_Homepage

Barclaycard Ring Mastercard Credit Card_Homepage

A page appears to get you started, which includes your names, mailing address, date of birth, etc.

Barclaycard Ring Mastercard Credit Card_Homepage

Barclaycard Ring Mastercard Credit Card_Homepage

The next step is your financial details – you’ll need to share some details about your income.

Barclaycard Ring Mastercard Credit Card_Homepage

Barclaycard Ring Mastercard Credit Card_Homepage

Finally, carefully review the different terms such as fees, rates and other important relevant. In the end, click “submit”.

Credit Card Reviews Methodology

In order to determine the best possible credit cards, we look at things like fees, interest rates and rewards. We do this with companies that are associated with us as partners as well as other offerings. From there, we make a decision about what the best card is related to different categories and needs. We focus on interest rate cost & fees, especially the cost of carrying a balance, rewards – cards accumulate rewards in different currencies—points, miles, cash back—and their values vary widely usability – cards that accept a wide range of credit profiles and offer simple solutions for things like checking your credit score or contacting. We also consider customer reviews.

We look at cards related to good or excellent credit ratings that will then provide a range of different benefits and improvements for someone who has these scores. We also look at low fees when it comes to those who have lower credit scores.