Louise Holmes, spokesperson for Moneyfacts.co.uk, commented: “The news that Barclaycard has added an 11% cashback incentive to its Platinum Balance Transfer card until 31st December 2011, should please consumers.

“The card currently offers 0% on balance transfers for 20 months. To qualify for the 11% cashback reward, which is capped at £100, cardholders must transfer a balance to their Barclaycard before 31st December 2011.

“The festive period can be tough on finances, so the opportunity to receive such a large reward in return for spending should prove very popular with cardholders. As with any credit card, however, it is imperative that consumers are confident that they can pay off the balance in full each month.”

www.moneyfacts.co.uk - The Money Search Engine

Moneyfacts.co.uk is the UK's leading independent provider of personal finance information. For the last 20 years, Moneyfacts' information has been the key driver behind many personal finance decisions, from the Treasury to the high street.

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