Barclays Have Automatically Upgraded Me To A Premier Account

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  • techno12
    techno12 Posts: 720 Forumite
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    I got the letter out of the blue last week, upgrading me to Premier. A little weird as I'm currently living off savings and have had a zero income for the last 3 months, and have never earned close to their requirements.

    I'll be making use of that English Heritage membership though!
  • Sharon87
    Sharon87 Posts: 4,011 Forumite
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    How strange.

    Do you cycle through money your account to other accounts to get the 'offers' like the £5 Halifax reward? If so, they may think you have a higher income. I think this was the reason HSBC upgraded me to advanced, because I have to pay in £1750 a month to be an Advanced customer, but my income wasn't always above that (I'm freelance, so it varies).

    Does it give you instructions on how to remain a Premier customer? eg. minimum income to your account?
  • book12
    book12 Posts: 2,557 Forumite
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    If you guys got a letter regarding the automatic of the upgrade, scan the letter for us to see. :)

    Also, blank out personal info.
  • 7sefton
    7sefton Posts: 607 Forumite
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    I requested a chequebook on my bog standard account (balance = £1, I only use it for the Blue Rewards each month) and a big Premier chequebook has arrived. It's really unusual: quite big, lots of random code letters at the top of each cheque, and 'For and on Behalf of Mr XXX' near the signature part.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
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    criteria appears to be
    annual income paid into the a/c £75,000
    or £100,000 in barclays investment products
  • PBA
    PBA Posts: 1,521 Forumite
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    Eco_Miser wrote: »
    Deposit cash,
    deposit cheque,
    obtain cash (not essential but sometimes convenient),
    hand in an R85 (not going to happen again).
    Those are the reasons I've visited a branch in the last several years.
    Depositing cash is the one that needs a branch of some kind.
    All these transactions can be done at Post Office branches if you bank with the big four banks, and it is rare for a bank branch to close where a PO branch isn't nearby.
  • Eco_Miser
    Eco_Miser Posts: 4,708 Forumite
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    PBA wrote: »
    All these transactions can be done at Post Office branches if you bank with the big four banks, and it is rare for a bank branch to close where a PO branch isn't nearby.
    For personal accounts, maybe. For some club/society accounts, no.
    Even for personal accounts, still needs a branch, and takes longer.

    Plus, just imagine if all the banks closed all their branches - what would the Post Office charge for paying in then?
    Eco Miser
    Saving money for well over half a century
  • System
    System Posts: 178,093 Community Admin
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    It depends very much on the arrangements between the bank & PO.
    Some allow business transactions.

    I hope that the PO would charge them through the nose
    Eco_Miser wrote: »
    For personal accounts, maybe. For some club/society accounts, no.
    Even for personal accounts, still needs a branch, and takes longer.

    Plus, just imagine if all the banks closed all their branches - what would the Post Office charge for paying in then?
  • Paul_1977
    Paul_1977 Posts: 992 Forumite
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    I understood Barclays checked each account (with computers) to prevent cycling cash through and being marked as suitable.

    ie, if you cycle through from the Barclays account to another, say £10k a month, the system will know!

    Your salary must be paid in and stay in for a set time, I believe, someone will tell me if I'm wrong.
  • planteria
    planteria Posts: 5,321 Forumite
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    i have a Barclays Premier account, and find the service to be very good, along with similar from HSBC
    the key i would be establishing is whether they are expecting you to pay for the 'upgrade':think:
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