What's the Barclay Ring Mastercard APR? This question is about the Barclaycard Ring® Mastercard®

What's the Barclay Ring Mastercard APR?

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This question is about the Barclaycard Ring® Mastercard®

Sarah Bilkins, WalletHub Credit Card Analyst

@sarah.bilkins • 10/11/21 This answer was first published on 10/11/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The Barclaycard Ring® Mastercard® interest rate is 14.24% (V), with the actual rate depending on factors such as your income, credit history and existing debt. What is also worth mentioning, though, is that this card is no longer available to new applicants.

The Barclaycard Ring® Mastercard® gives you a 23-day grace period to avoid paying interest on your purchases. The grace period runs from the end of the billing period until the card’s payment due date. You won’t owe any interest as long as you pay your balance in full during that timeframe. Should you decide to carry a balance on your Barclaycard Ring® Mastercard®, it will accumulate interest daily at the card’s regular APR. Interest is compounded, meaning you will owe interest on both the principal balance and any interest already accumulated.

In addition to the regular interest rate, the Barclaycard Ring® Mastercard® also charges a separate 14.24% (V) interest rate on cash advances. All Barclaycard Ring® Mastercard® interest rates will be listed on your statement and on your online account summary.

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