Barclaycard to raise interest rates in line with base rate

Customers will see the rate they pay rise automatically following any increase in the Bank of England base rate Millions of Barclaycard customers will see their interest rates hiked automatically in line with any increases in the Bank of England base rate. The credit card provider has started writing to its 10.5 million UK customers to tell them about a change in its terms and conditions, which will create a clear link between the rate customers pay and increases in the base rate.