The Barclaycard CashForward™ World Mastercard® would like you to know that it’s not like a regular 1.5% cash-back credit card. It’s a cool 1.5% card.
Barclaycard has introduced two major improvements to this $0-annual-fee card, which debuted in November 2015:
- A 0% purchase APR offer: On the original version of this card, the 0% APR period only applied to balance transfers. Now, you’ll get 0% on Purchases for 15 months and 0% on Balance Transfers for 15 months (on balance transfers made within 45 days of account opening), and then the ongoing APR of 15.74%, 20.74% or 25.74% Variable APR. The new purchase APR offer makes it possible to spread out payments on large purchases interest-free.
The new, souped-up benefits on the Barclaycard CashForward™ World Mastercard® come at a time when the 1.5% cash-back credit card club is getting increasingly crowded. With these changes, the card gains an edge on some of its closest competitors — such as the Chase Freedom Unlimited℠ and Capital One® Quicksilver® Cash Rewards Credit Card — many of which offer sign-up bonuses of $100 or $150, along with 0% purchase APRs.
However, the card’s rewards rate still pales in comparison with the Citi® Double Cash Card – 18 month BT offer, which offers an unlimited 1% cash back on every dollar spent and another 1% on every dollar as you pay your bill.
The Barclaycard CashForward™ World Mastercard® isn’t the only Barclaycard product that’s upping its benefits. In February, the issuer added 0% APR to the Barclaycard Ring™ Mastercard®, putting it head and shoulders above much of its balance transfer card competition.
For more information about the Barclaycard CashForward™ World Mastercard®, read NerdWallet’s full review.