The Barclaycard Financing Visa is no longer available for new applicants. That card previously provided special financing terms for select purchases. However, Barclays is now notifying existing Financing Visa cardholders that their current card will convert into a new product called the Barclays View Mastercard in May. Here are all the details.
Barclays Converting Existing Barclaycard Financing Visa to New View Mastercard
Existing Barclaycard Financing Visa cardholders will have their existing card converted into the Barclays View Mastercard. The product change will occur on May 7, 2021, according to letters mailed to cardholders.
The new Barclays View Mastercard will differ significantly from the previous Financing Visa. The View card will earn rewards in the following categories:
- 3X points per dollar on dining
- 2X points per dollar on streaming services as well as internet service provider, phone, and TV bills
- 2X points per dollar on groceries
- 1X points per dollar on all other eligible purchases
Barclays Branching Out from Co-Branded Cards?
The Barclays View Mastercard launch appears to signal the British banking giant’s return to issuing its own credit cards. Barclays previously issued its own cards – notably the popular Arrival cards – before their withdrawal some years ago.
The bank now issues co-branded cards from leading airlines, cruise lines, and brands. These cards include the Carnival® World Mastercard®, JetBlue Card, and the AAdvantage® Aviator® Red World Elite Mastercard® Recently, the bank issued two new cards from AARP, the AARP® Essential Rewards Mastercard® and the AARP® Travel Rewards Mastercard®.
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