The Barclaycard Ring™ Mastercard® stands out among other credit cards. Users of this card are encouraged to participate in a forum where they can provide feedback on it.
Barclays even goes so far as to change the terms based on consumer votes — they recently added new terms for balance transfers, for example.
New cardholders get a 12-month 0% intro APR for balance transfers made during the first 45 days. Transfers made during this time will incur a 3% fee.
After 45 days, balance transfers will be subject to the regular APR — but there will be no transfer fee.
So you’ll have to decide which offer is more valuable to you. Would you rather pay a fee to transfer a balance, and then get 0% APR for a year? Or would you rather pay no transfer fee, but end up accruing interest on the balance?
We recommend going with the 0% intro rate in most cases, because the finance charges you’ll accrue on the balance are likely to be more than the transfer fee you’d pay.
Confused about all the different amounts listed on your credit card bill? Read our guide to paying credit cards here.
- Annual Fee $0
- Intro Purchase APR -
- Regular Purchase APR 13.74% Variable
- Signup Bonus None
- Chip Technology Chip-and-Signature & Chip-and-PIN
- Foreign Transaction Fee 0%
- Intro Balance Transfer APR 0% for 12 months, for transfers made during the first 45 days
- Regular Balance Transfer APR 13.74% Variable
- Cash Advance APR 13.74% Variable
- Penalty APR See Terms
- Late Fee Up to $27
- Returned Payment Fee Up to $27
Check your card's Guide to Benefits to learn the specific benefits your card offers and how to access them. Learn more about credit card benefits here.
Giveback Profit-Sharing Reward Program
Get a small share of the card profits, if the community as a whole demonstrates financial responsibility.
Community Influence and Voting
Cardmembers can propose changes and vote to determine the terms of the card.
Contribute in the forum, discuss card terms and general finances. There are four categories: Card Basics, Community, “Track” Talk, and Financial Health.
Community and Financial Tracking
An overview of the Ring card’s performance, and summaries of the financial activity of the community.
FICO 8 Credit Score Access
Cardholders can view their FICO 8 Credit Score based on their TransUnion credit report for free, any time.
PIN EMV Technology
This card comes with both Chip-and-Signature and Chip-and-PIN EMV technology. This makes it usable at more merchants outside the U.S.
Read about experiences others have had with this card and leave your own review here.
Submit your review