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Review of the Barclays Diamond Resorts International MasterCard

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Diamond Resorts promises unforgettable, amazing and most importantly, affordable vacations for life. With offers like these you’ve probably thought about traveling with them at some point. But if you’re a frequent flyer wanting to score some rewards while you travel, why not sign up for a rewards credit card?

Luckily enough, Diamond Resorts in partnership with Barclaycard offers customers their exclusive Barclays Diamond Resorts International MasterCard. Rack up some rewards while you create priceless moments with family and friends on vacation.

Barclays Diamond Resorts International MasterCard: Details

The Barclays Diamond Resorts International MasterCard offers exceptional promotions to cardholders when they sign up for the card. Cardholders get 0% APR for the six month introductory period. Starting the day you sign up for the credit card, balance transfers are interest free for the next 15 months. However, to qualify for the Barclays Diamond Resorts International MasterCard you will need an excellent credit score, typically ranging from 720 to 850.

The ongoing rates on the Barclays Diamond Resorts International MasterCard are remarkable for a card this good. The ongoing APR is at the lower end of the scale and can vary from 14.99% to 21.99% depending upon your credit worthiness. The balance transfer rate charged after the introductory period is 14.99%. If you travel overseas, then you’ll be charged 3% on foreign transaction fees, which isn’t all that bad.

The best thing about the Barclays Diamond Resorts International MasterCard is that it does not charge an annual fee.

Barclays Diamond Resorts International MasterCard: Rewards Program

Earning rewards on your Barclays Diamond Resorts International MasterCard is easy. The rewards program is detailed below:

  • New card members get 2,500 Diamond Plus Points on their first purchase
  • 2 points for every $1 charged towards Diamond Resorts International (exclusive of down payments)
  • 1 point for every $1 that you charge to the card

Once you’ve accumulated a fair amount of rewards you can redeem them towards Diamond Resorts International. For every 5,000 points you will receive $50 worth of statement credit. However, if you’d rather redeem your rewards towards airfare or car rental purchases the following policy holds: 6,667 points for $50 worth of statement credit.

Barclays Diamond Resorts International MasterCard: Pros and Cons

The Barclays Diamond Resorts International MasterCard does not charge an annual fee. No annual fee cards allow cardholders to save big and earn rewards. Essentially, the credit card offers a win-win package. Users are not charged an annual fee but they are given opportunities to rack up rewards and redeem them.

The cons of signing up for the Barclays Diamond Resorts International MasterCard is that it charges a foreign transaction fee and doesn’t give cardholders a bonus for signing up for it. If you find yourself traveling a lot then this may not be the best credit card for you.

Final Word

For those of you who have excellent credit scores and good credit card habits to match, the Barclays Diamond Resorts International MasterCard is an ideal credit card to apply for. It’ll earn you rewards at the best rates in town!

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