Credit Cards
Advertiser Disclosure

Advertiser Disclosure: Some of the card offers that appear on this website are from companies which ValuePenguin receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products.

Disclaimer: The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone. For a full list of our advertisers, see our disclosure page.

Opinions, analyses, reviews, or recommendations expressed here are the author’s alone, and have not been reviewed or endorsed by the issuer. We may be compensated through the issuer’s Affiliate Program. For a full list of our advertisers see our disclosure page.

Advertiser Disclosure

Advertiser Disclosure: Some of the card offers that appear on this website are from companies which ValuePenguin receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products.

Disclaimer: The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone. For a full list of our advertisers, see our disclosure page.

Opinions, analyses, reviews, or recommendations expressed here are the author’s alone, and have not been reviewed or endorsed by the issuer. We may be compensated through the issuer’s Affiliate Program. For a full list of our advertisers see our disclosure page.

Barclaycard Ring™ Mastercard®: A Worthwhile Balance Transfer Card?

91
"One of the best low interest credit cards, that also can be a big money saver through balance transfers."

Contents

The Barclaycard Ring™ Mastercard® is a good long-term balance transfer credit card. If you ever find yourself carrying a balance on another card, you'll generally always save by moving it over to this card instead of paying it off on your original account. The Barclaycard Ring™ Mastercard® also offers a relatively low ongoing APR of 10.24%.

Good For… Bad For…
  • Transferring balances at no additional cost
  • Anyone who needs to carry a balance
  • Individuals interested in earning rewards
  • People with no outstanding credit card debt

Review: Is the Barclaycard Ring™ Mastercard® a Money Saver?

The Barclaycard Ring™ Mastercard® is one of the best low interest credit card offers today. The card also doesn’t charge users any fees for moving balances to it, making it a decent balance transfer credit card as well. Unlike many of the top cards – such as the Chase Slate® or Citi Simplicity® Card - No Late Fees Ever – the Barclaycard Ring™ Mastercard® doesn't offer a ‘0% intro APR’ period. However, it makes up for that with a unique feature of not charging their cardholders and transfer fees. The card also has a fairly low ongoing APR of 10.24% (variable). This is below the average APR in the United States.

This card’s relatively low 10.24%% APR is not fixed, and (like most credit card interest rates) it varies with the Prime Rate. This is important to note, as the Chairman of the Federal Reserve made it clear that interest rates are likely to raise in 2018.

A graph showing how the total interest paid differs between different credit card offers and the Barclaycard Ring Mastercard

The Barclaycard Ring™ Mastercard® also advertises a unique rewards structure for a card with a low APR. After review, however, we find it to be ineffective and unlikely to offer consumers value when compared to more traditional rewards programs. Of course, this isn't the card's primary focus, as the low APR could result in savings beyond what cardholders could earn in rewards. Rewards are based on a complicated set of calculations, which are meant to share the issuer’s profits with the cardholders. However, up until recently, this has led to a period of over 2 years, with 0 payouts. Due to the nature of this rewards structure, it also becomes near-impossible to forecast how much rewards users could expect down the road.

Bottom Line: There are many circumstances in which transferring your balance to the Barclaycard Ring™ Mastercard® will be a good deal. The math behind when exactly that happens can be complex, so we recommend using our interactive tool to simplify the process.

Barclaycard Ring™ Mastercard® Benefits & Features

They Barclaycard Ring™ Mastercard® does not offer any traditional credit card rewards – no cash back, no points, no miles. The card does offer to give back a portion of its profits to cardholders – distributed evenly, based on the performance of every cardholder. Much of this process is obscured and hard to quantify – in March 2015, Jared Young - the card's Product Manager - announced a change to the formula used to calculate user rewards, stating there hasn’t been an actual payout to cardmembers in over 2 years. Therefore, we recommend consumers do not get this credit card based on the rewards aspect of it – you are likely to get a far better value using a tradition rewards credit card. Instead, this card is best thought of as a balance transfer credit card.

Annual Fee $0
Purchase APR 10.24% Variable
Card Details
  • A low, variable APR on purchases, balance transfers and cash advances
  • No annual fee
  • No balance transfer fees
  • No foreign transaction fees
  • Chip technology, so paying for your purchases is more secure at chip-card terminals in the U.S. and abroad
  • Free online access to FICO® Credit Score

The Barclaycard Ring™ Mastercard® does not charge users a balance transfer fee for moving over other credit card debt to it. This is a rare feature, as most credit cards offered by major issuers charge anywhere between a 3% to 5% fee for each transfer.

For example, if you had $10,000 in outstanding credit card debt, $300 monthly payments, and an APR of 15%, you would pay approximately $2,805 in interest. If, however, you moved that debt over to the Barclaycard Ring™ Mastercard®, your total interest paid reduces to $617 – a difference of $2,188. You'd be debt free in 36 months instead of the 43 months on this schedule.

Depending on the amount of debt you have, and how long it takes to pay it down, this card’s offer may be better or worse than other balance transfer cards. The exact calculations may get messy, so we recommend using a online calculator to help you figure out how long of a 0% period you need, and whether paying a transfer fee can still result in a net savings.

Current Interest Rate:
Current APR (%):
Current Balance ($)
Monthly Payments ($)
Card APR Balance Transfer Fee Intro Balance Transfer Offer Interest Savings

ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees.

The estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Chase Freedom Unlimited®
16.24% - 24.99% Variable Either $5 or 5% of the amount of each transfer, whichever is greater 0% Intro APR on Balance Transfers for 15 months $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Chase Freedom Unlimited® 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Chase Freedom Unlimited® assumes an interest rate of 0.00%

Annual Fee $0
APR 16.24% - 24.99% Variable

Card Details

  • Unlimited 1.5% cash back on every purchase — it's automatic
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.24-24.99%. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • No minimum to redeem for cash back
  • Cash Back rewards do not expire as long as your account is open
  • No annual fee
Capital One® Quicksilver® Cash Rewards Credit Card
14.24% - 24.24% (Variable) 3% 0% intro on balance transfers for 9 months $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Capital One® Quicksilver® Cash Rewards Credit Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Capital One® Quicksilver® Cash Rewards Credit Card assumes an interest rate of 0.00%

Annual Fee $0
APR 14.24% - 24.24% (Variable)

Card Details

  • One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • Use your Quicksilver card and get 50% back as a statement credit on your monthly Spotify Premium subscription, now through April 2018
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases for 9 months; 14.24%-24.24% variable APR after that
  • Balance transfers also have a 0% intro APR for 9 months; 14.24%-24.24% variable APR after that; a 3% fee applies to each balance transferred
  • Pay no annual fee or foreign transaction fees

Note: The information in this box was provided by Capital One® and is not part of our independent analysis.

TRIO℠ Credit Card
14.24% to 23.24% Variable 4% or $5 whichever is greater. 0% Intro on Balance Transfers for 12 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
TRIO℠ Credit Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the TRIO℠ Credit Card assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 14.24% to 23.24% Variable

Card Details

  • 3% cash back rewards at restaurants and 2% cash back rewards on gas and at grocery and drug stores, up to $1,500 spend per quarter in these combined purchase categories
  • 1% unlimited cash back rewards on all other purchases
U.S. Bank Cash 365™ American Express® Card
14.74% - 23.74% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 12 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
U.S. Bank Cash 365™ American Express® Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the U.S. Bank Cash 365™ American Express® Card assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 14.74% - 23.74% Variable

Card Details

  • Earn unlimited 1.5% cash back on eligible net purchases
  • New cardmember bonus: $100 after you spend $500 in eligible net purchases in the first 90 days you have the card
  • 0% Intro APR on balance transfers for 12 billing cycles. After that, a variable APR currently 14.74% - 23.74%
  • Unlimited cash back
  • Cash back never expires
  • No annual fee
  • Great Offer for Customers of U.S. Bank, a 2017 World's Most Ethical Company® - Ethisphere Institute, March 2017
The Choice Privileges® Visa® Card
16.24%, 20.99% or 25.99% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 15 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
The Choice Privileges® Visa® Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the The Choice Privileges® Visa® Card assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 16.24%, 20.99% or 25.99% Variable

Card Details

  • Earn 8,000 bonus points after your first purchase
  • Earn 24,000 bonus points after your first paid stay at any Choice Privileges location
  • 15 points for every $1 spent at Choice Privileges locations
  • 5 points for every $1 spent on additional Choice Privileges points or Choice Hotel gift card purchases
  • 2 points for every $1 spent otherwise
  • Cardmembers automatically get Elite Gold status
  • Book award and free nights twenty days before other members
  • 10% point bonus on points earned for eligible stays at Choice Privileges locations
  • Redeem points for reward nights at over 1,500 hotel locations, gift cards for a variety of merchants, donations, and memberships
ThankYou® Preferred Credit Card
12.99%, 17.99% or 22.99% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 12 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
ThankYou® Preferred Credit Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the ThankYou® Preferred Credit Card assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 12.99%, 17.99% or 22.99% Variable

Card Details

  • Earn 2 ThankYou points per dollar on purchases for dining at restaurants and entertainment
  • Earn 1 ThankYou point per dollar on other purchases
  • Points don't expire
  • $0 liability if your card is stolen
  • Citi Private Pass
  • Chip technology makes global travel easy
  • Rental insurance
  • Lost luggage coverage
  • Travel insurance
Hawaiian Airlines® World Elite Mastercard®
16.99%, 20.99% or 25.99% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 15 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Hawaiian Airlines® World Elite Mastercard® 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Hawaiian Airlines® World Elite Mastercard® assumes an interest rate of 0.00%

Annual Fee $89
APR 16.99%, 20.99% or 25.99% Variable

Card Details

  • Earn 35,000 bonus miles when you spend $1,000 on purchases in the first 90 days
  • Earn 2 miles for every $1 spent on Haiwaiian Airlines
  • Earn $1 for every $1 spent on all other purchases
  • Primary cardholder is eligible to earn a $100 discount off one coach companion ticket for roundtrip travel between Hawaii and North America on Hawaiian Airlines on each account anniversary upon payment of annual fee
  • Receive a one-time 50% Off companion discount for roundtrip coach travel between Hawaii and North America on Hawaiian Airlines
  • As a primary cardholder, receive a complimentary first checked bag every time you use your card to purchase eligible tickets directly from Hawaiian Airlines
  • No foreign transaction fees
Discover it® ­- 18 Month Balance Transfer Offer
13.24% - 24.24% Variable 3% 0% $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Discover it® ­- 18 Month Balance Transfer Offer 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Discover it® ­- 18 Month Balance Transfer Offer assumes an interest rate of 0.00%

Annual Fee $0
APR 13.24% - 24.24% Variable

Card Details

  • INTRO OFFER: Discover will match ALL the cash back earned at the end of your first year, automatically.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate. Plus, 1% cash back on all other purchases.
  • Redeem your cash back for any amount, any time. Cash rewards never expire.
  • 100% U.S. based customer service.
  • Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • Receive FREE Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
  • No annual fee.
  • Click "APPLY NOW" to see rates, rewards, FICO® Credit Score terms, Cashback Match™ details & other information.
Chase Freedom®
16.24% - 24.99% Variable Either $5 or 5% of the amount of each transfer, whichever is greater 0% Intro APR on Balance Transfers for 15 months $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Chase Freedom® 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Chase Freedom® assumes an interest rate of 0.00%

Annual Fee $0
APR 16.24% - 24.99% Variable

Card Details

  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
  • Enjoy new 5% categories each quarter
  • Unlimited 1% cash back on all other purchases - it's automatic
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.24-24.99%. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • No minimum to redeem for cash back
  • Cash Back rewards do not expire as long as your account is open
  • No annual fee
Priceline Rewards™ Visa Card
14.99%, 19.99% or 24.99% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 15 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Priceline Rewards™ Visa Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Priceline Rewards™ Visa Card assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 14.99%, 19.99% or 24.99% Variable

Card Details

  • 5 points for every $1 spent on priceline.com purchases
  • 1 point for every $1 spent otherwise
  • Redeem points for statement credits against purchases made on the Priceline credit card: can be used to pay for flights, hotel stays, car rentals, gift cards, or any other purchase on the card
  • Reward redemptions begin at $25
  • Get 10% points back every time you redeem points for statement credits toward eligible priceline.com or travel purchases of $25 or more made in the last 120 days
Holland American Line Rewards Visa Card
13.99%, 16.99% or 20.99% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 15 months. $0.00
Graph Card More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Holland American Line Rewards Visa Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Holland American Line Rewards Visa Card assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 13.99%, 16.99% or 20.99% Variable

Card Details

  • Earn 5,000 points upon first purchase
  • 2 points for every $1 spent on all Holland American purchases
  • 1 point for every $1 spent otherwise
  • Redeem rewards towards discounted, reduced, and free cruise redemptions
  • Visa Signature rewards include access to exclusive events and special offers, travel and emergency assistance, travel accident insurance, roadside dispatch, lost luggage reimbursements, and auto rental collision damage waiver
Premier Miles & More® World Mastercard®
15.99% or 24.99% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 15 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Premier Miles & More® World Mastercard® 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Premier Miles & More® World Mastercard® assumes an interest rate of 0.00%

Annual Fee $79
APR 15.99% or 24.99% Variable

Card Details

  • Earn 20,000 award miles with first purchase or balance transfer
  • Annual Companion Ticket after first purchase, and annually thereafter
  • 2 miles for every $1 spent on Miles and More integrated airlines
  • 1 mile for every $1 spent otherwise
  • Redeem miles for flight awards and upgrades on Lufthansa, Austrian Airlines, Brussels Airlines, SWISS, and Star Alliance airlines and other partners
  • Complimentary Companion ticket after first purchase, then every year after
  • $79 Annual Fee waived for Senator and HON Circle Members
  • No foreign transaction fee
The Wyndham Rewards® Visa Signature® Card
16.24%, 20.99% or 25.99% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 15 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
The Wyndham Rewards® Visa Signature® Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the The Wyndham Rewards® Visa Signature® Card assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 16.24%, 20.99% or 25.99% Variable

Card Details

  • Earn 12,000 bonus points with first purchase
  • 5 points per $1 spent on participating hotels
  • 2 points per $1 spent everywhere else
  • Redeem points for free nights, gift cards, magazines, newspapers, donations, merchandise, Wyndham maintenance fees, car rentals, flights, and more
Carnival World™ MasterCard®
13.99%, 16.99% - 20.99% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 15 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Carnival World™ MasterCard® 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Carnival World™ MasterCard® assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 13.99%, 16.99% - 20.99% Variable

Card Details

  • Earn 5,000 Bonus FunPoints® when you use your card for the first time
  • 2 FunPoints for every $1 spent on all Carnival Cruise Line purchases
  • 1 FunPoint for every $1 spent otherwise
  • Redeem FunPoints towards cruise nights, Sail & Sign purchases onboard, spa or massage packages
  • FunPoints can be redeemed toward nights on Carnival, Princess Cruises, Holland America Line, Costa Cruises, and the Yachts of Seabourn
Princess Cruises Rewards Visa Card
13.99%, 16.99% or 20.99% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 15 months. $0.00
Graph Card More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Princess Cruises Rewards Visa Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Princess Cruises Rewards Visa Card assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 13.99%, 16.99% or 20.99% Variable

Card Details

  • Earn 5,000 Bonus Princess Points after your make your first purchase
  • 2 points for every $1 spent on Princess Cruises purchases
  • 1 point for every $1 spent otherwise
  • Redeem rewards towards discounted, reduced, and even free cruise redemptions
  • Points can also be redeemed for special occasions, spa experiences, onboard credits, Princess merchandise, and airfare discounts
National Geographic Platinum Edition® Visa®
15.99% - 22.99% Variable 5% or $10 whichever is greater. 0% Intro on Balance Transfers for 6 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
National Geographic Platinum Edition® Visa® 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the National Geographic Platinum Edition® Visa® assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 15.99% - 22.99% Variable

Card Details

  • Receive 5,000 bonus points after you spend $1,500 in the first 3 billing cycles
  • 2 points per $1 spent on purchases made through National Geographic
  • 1 point per $1 spent eveywhere else
  • 12 digital issues of National Geographic magazine plus online archive
  • 20% off qualifying purchases through the National Geographic catalog and online store
  • $250 off Nat Geo Expeditions and Adventure trips
RCI® Elite Rewards® MasterCard®
13.99% or 24.99% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 12 months. $0.00
Graph Card More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
RCI® Elite Rewards® MasterCard® 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the RCI® Elite Rewards® MasterCard® assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 13.99% or 24.99% Variable

Card Details

  • Earn up to 2,500 bonus rewards after your first purchase
  • 2 points for every $1 spent on RCI purchases
  • 1 point for every $1 spent otherwise
  • Redeem rewards toward membership renewals, exchange fees, worldwide travel (flights, car rentals, hotels, etc.), merchandise, gift cards, and RCI Resort Dollars cards
Miles & More® World Elite Mastercard®
Image of Miles & More® World Elite Mastercard® 16.99% or 25.99% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 15 months. $0.00
Graph Card More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Miles & More® World Elite Mastercard® 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Miles & More® World Elite Mastercard® assumes an interest rate of 0.00%

Annual Fee $89
APR 16.99% or 25.99% Variable

Card Details

  • 50,000 award miles after qualifying transactions
  • 1 mile for every $1 spent
  • Free Companion Ticket (economy class) upon the first use of the new Lufthansa World MasterCard, and on the anniversary of your account opening
  • Redeem miles for flight awards and upgrades on Lufthansa, Austrian Airlines, Brussels Airlines, SWISS, Star Alliance airlines and other partners
Truly Simple Credit Card
12.74% - 23.74% Variable 4% or $10 whichever is greater. 0% Intro on Balance Transfers for 15 months. $0.00
Graph Card More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Truly Simple Credit Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Truly Simple Credit Card assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 12.74% - 23.74% Variable

Card Details

  • No Annual Fee
  • No Penalty Rate (APR) for a missed payment
  • Low 0% introductory APR for the first 15 billing cycles after the account is opened on purchases and balance transfers. After that, your variable APR will be 12.74% to 23.74% based on your creditworthiness
KeyBank Latitude Credit Card
Image of KeyBank Latitude Credit Card 10.74% - 20.74% Variable 4% or $10 whichever is greater. 0% Intro on Balance Transfers for 15 months. $0.00
Graph Card More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
KeyBank Latitude Credit Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the KeyBank Latitude Credit Card assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 10.74% - 20.74% Variable

Card Details

  • No annual fee
  • Special low Introductory APR of 0% for the first 15 billing cycles on purchases and balance transfers1 (made within 60 days of account opening).
  • After that, our lowest variable Purchase and Balance Transfer APR will apply, currently 10.74% - 20.74%, based on credit worthiness.
Wells Fargo Platinum Visa® Card
16.40%-26.24% (Variable) 5% 0% for 15 months $0.00
Graph Card More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Wells Fargo Platinum Visa® Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Wells Fargo Platinum Visa® Card assumes an interest rate of 0.00%

Annual Fee $0
APR 16.40%-26.24% (Variable)

Card Details

  • 0% Intro APR for 15 months on purchases and balance transfers, then a 16.40%-26.24% variable APR; balance transfer fees apply
  • Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Platinum Visa® Card
  • Free access to your FICO® Credit Score with Wells Fargo Online®
  • Zero Liability protection for promptly reported unauthorized transactions
  • Convenient tools to help create a budget and manage your spending with My Money Map
  • $0 Annual Fee
  • Select "Apply Now" to learn more about the product features, terms, and conditions
BB&T Bright® Card
Image of BB&T Bright® Card 11.9% to 20.9% Variable 3% or $10 whichever is greater. 0% Intro on Balance Transfers for 15 months. $0.00
Graph Card More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
BB&T Bright® Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the BB&T Bright® Card assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 11.9% to 20.9% Variable

Card Details

  • 0% introductory (APR) for 15 months on purchases and balance transfers
  • Afterwards, variable APRs ranging from 11.9% to 20.9%
  • No annual fee
Barclaycard Ring™ Mastercard®
10.24% Variable None N/A $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Barclaycard Ring™ Mastercard® 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Barclaycard Ring™ Mastercard® assumes an interest rate of 0.00%

Annual Fee $0
APR 10.24% Variable

Card Details

  • A low, variable APR on purchases, balance transfers and cash advances
  • No annual fee
  • No balance transfer fees
  • No foreign transaction fees
  • Chip technology, so paying for your purchases is more secure at chip-card terminals in the U.S. and abroad
  • Free online access to FICO® Credit Score
BankAmericard® Better Balance Rewards
11.99% - 21.99% Variable 3% or $10 whichever is greater. 0% Intro on Balance Transfers for 12 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
BankAmericard® Better Balance Rewards 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the BankAmericard® Better Balance Rewards assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 11.99% - 21.99% Variable

Card Details

  • Earn $25 per quarter to pay down your balance faster when you pay more than the monthly minimum on time each month–that can be up to $100 each year
  • No annual fee
  • 0% Intro APR on purchases and balance transfers for 12 billing cycles
US Bank Visa® Platinum Card
10.74% - 22.74% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 15 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
US Bank Visa® Platinum Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the US Bank Visa® Platinum Card assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 10.74% - 22.74% Variable

Card Details

  • 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 10.74% - 22.74%
  • Great Offer for Customers of U.S. Bank, a 2017 World's Most Ethical Company® - Ethisphere Institute, March 2017
  • No Annual Fee
  • Flexibility to choose a payment due date that fits your schedule
  • Fraud Protection: receive notifications of unusual activity, plus zero fraud liability for fraudulent charges
Citi Simplicity® Card - No Late Fees Ever
14.24% or 23.24% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 21 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Citi Simplicity® Card - No Late Fees Ever 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Citi Simplicity® Card - No Late Fees Ever assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 14.24% or 23.24% Variable

Card Details

  • Balance transfer either $5 or 3% of the amt of each transfer, whichever is greater
  • Auto rental insurance
  • Citi Identity Theft Solutions
  • $0 fraud liability if card is stolen
  • Rental car insurance
  • Travel insurance
  • Purchase protection
Citi® Diamond Preferred® Card
11.99%, 16.99% or 21.99% Variable 3% or $5 whichever is greater. 0% Intro on Balance Transfers for 18 months. $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Citi® Diamond Preferred® Card 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Citi® Diamond Preferred® Card assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 11.99%, 16.99% or 21.99% Variable

Card Details

  • 24/7 access to personalized concierge service
  • Special access to ticket presales, preferred seating
  • Balance transfer either $5 or 3% of the amt of each transfer, whichever is greater
  • $0 fraud liability if card is stolen
  • Special cardholder access to a variety of ticket presales
  • Rental car insurance
  • Travel insurance
  • Purchase protection
Chase Slate®
16.24% - 24.99% Variable Either $5 or 5% of the amount of each transfer, whichever is greater. 0% Intro APR on Balance Transfers for 15 months $0.00
Graph Card Read Review More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Chase Slate® 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Chase Slate® assumes an interest rate of 0.00%

Annual Fee $0
APR 16.24% - 24.99% Variable

Card Details

  • $0 Introductory balance transfer fee for transfers made during the first 60 days of account opening
  • 0% Introductory APR for 15 months on purchases and balance transfers
  • See monthly updates to your FICO® Score and the reasons behind your score for free
  • No Penalty APR – Paying late won't raise your interest rate (APR). All other account pricing and terms apply
  • $0 Annual Fee
PCB Platinum
Image of PCB Platinum 13.49% to 24.49% Variable 2% or $2 whichever is greater. 0% Intro on Balance Transfers for 12 months. $0.00
Graph Card More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
PCB Platinum 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the PCB Platinum assumes an interest rate of 0.00%

Annual Fee No Annual Fee
APR 13.49% to 24.49% Variable

Card Details

  • 0% introductory APR on purchases for the first 12 months. When the offer expires the variable APR will be from 13.49% up to 24.49%.
Mastercard® Black Card™
16.24% Variable 3%, Min: $5 0% introductory APR for the first fifteen billing cycles on balance transfers made in the first 45 days $0.00
Graph Card More Details and Value Calculation

Estimated Savings Through 24 Months

Card Interest Paid* Balance Transfer Fee Total
Current Card 0.00 0 0.00
Mastercard® Black Card™ 0.00 0.00 0.00
Savings 0.00

*The calculation for interest paid for the Mastercard® Black Card™ assumes an interest rate of 0.00%

Annual Fee $495
APR 16.24% Variable

Card Details

  • Stainless Steel - Patented Card Design
  • 2% Value for Airfare Redemptions
  • 1.5% Value for Cash Back Redemptions
  • 24/7 Luxury Card Concierge™
  • Exclusive Luxury Card Travel Benefits
  • $100 Annual Airline Credit Toward Qualifying Purchases
  • $100 Global Entry Application Fee Credit
  • Annual Fee: $495 ($195 for each Authorized User)

How Does the Barclaycard Ring™ Mastercard® Compare to Other Credit Cards?

The best way to get a sense of whether the Barclaycard Ring™ Mastercard® is of any value to you is to see how it compares to your other options. Below we profile some similar credit cards and how the Barclaycard Ring™ Mastercard® stacks up to each.

Barclaycard Ring™ Mastercard® vs Chase Slate®

The Chase Slate® is one of the best balance transfer credit cards. It comes with an introductory ‘$0 balance transfer fee’ offer, on balances transferred within the first 60 days of account opening. On top of this, the card offers a 0% intro APR for 15 months on both purchases and balance transfers. After that period runs out, the Chase Slate® will have a variable APR of 16.74% - 24.99% - depending on your credit. If you manage to qualify for the lower end of this spectrum, there will be a much smaller difference between this card and the Barclaycard Ring™ Mastercard®.

The standout feature of the Barclaycard Ring™ Mastercard® is the fact that you never get charged any transfer fees – while with the Chase Slate® that feature is limited to just the first 60 days your account is open.

Barclaycard Ring™ Mastercard® vs Citi Simplicity® Card - No Late Fees Ever

The Citi Simplicity® Card - No Late Fees Ever offers one of the longest ‘0% intro APR’ periods around – a whopping 21 months. Unlike the Barclaycard Ring™ Mastercard®, cardholders must pay a 3% transfer fee (or $5, whichever is greater). If it will take you close to the full 21 months to pay off your outstanding debt, it will be well worth this transfer fee, as the difference between paying 0% and 10.24% APR over that kind of period is substantial. 

As is the case with other typical balance transfer cards, the Citi Simplicity® Card - No Late Fees Ever’s usability becomes questionable once the original promotional period runs out and the standard APR kicks in (12.99%, 15.99%, 18.99%, 20.99% or 22.99%). While we don’t recommend any credit card user every carry a balance month-to-month, we recognize that in certain situations, consumers are left with little choice. That is when a fixed-low-interest credit card like the Barclaycard Ring™ Mastercard® becomes a great asset.

Comments and Questions

* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Now" button, you can review the credit card terms and conditions on the issuer's website.

Info about the following cards: American Express® Gold Card, Delta Reserve® Credit Card from American Express, Platinum Delta SkyMiles® Credit Card, Hilton Honors™ Card from American Express, Hilton Honors Surpass® Credit Card, American Express® Blue Sky, American Express® Green Card, The Amex EveryDay® Preferred Credit Card from American Express, The Plenti® Credit Card from Amex, Blue from American Express®, Platinum Card® from American Express Exclusively for Mercedes-Benz, Bluebird, Centurion® Card from American Express, Hilton Honors American Express Aspire Card, and Delta Reserve for Business Credit Card from American Express has been collected independently by ValuePenguin. The issuer did not provide the details, nor is it responsible for their accuracy.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program. 

These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

How We Calculate Rewards: ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Advertiser Disclosure: Some of the offers that appear on this website are from companies which ValuePenguin receives compensation. This compensation may impact how and where offers appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products. For more information please see our Advertiser Disclosure.