I received an invitation in the mail to apply for this card. I get several of such invitations from credit card companies and they usually wind up in the shredder. However, having read about the Barclaycard Ring in the news and after doing some research, I decided to accept the invitation and sent in the application along with a request for balance transfer from another card. Now this was not a large balance transfer request and my credit rating is very good/excellent. I received the card very quickly, upon looking through the paperwork, I noticed that my request for transfer was not honoured, no word from Barclays about it at all. Barclays was kind enough to extend me a credit line of $250.00 which I thought was a mistake, as this is a ridiculously low amount in this day and age. My student daughters have been offered better credit lines. Not only the credit line was so low as to render the card completely useless, they also charged me $15.00 for a 'fast card fee', i assume for sending the card via courier, which I never authorised or requested.
I thought the credit line was a mistake so I wrote to them via the website, no reply for several days, I wrote again and again no reply. I decided to call and cancel the card, which I did. During the call the rep told me he had waived the $15.00 charge. I checked the website again later and noticed that 2 replies had come in to my messages and the fee was still there. The replies were typical boiler-plate emails. I waited to see if the charge would be credited but, after a week it was still there. So I called again and had to explain why I wanted the fee credited. The rep told me that she was crediting it and it should reflect tomorrow. Let's see.
Overall, a terribly disappointing experience, I will not consider Barclays in the future and will tell my friends and colleagues to avoid it.