Barclays Current account £100 incentive !

dennyboy

it asks me what mortgage lender i lent money from on a certain date gave 4 radio buttons as options to pick, also what my balance was on my current account on my last statement, again 4 options with buttons, something about my overdraft limit was it under a certain amount, and what credit card did I have gave a list of 4 types of which I chose one I have (among many others).
Hope this helps. Nothing to be worried about, I guessed 2 of the 4 options.
Weird though never been asked them questions on a online app before!

andycarmi

Hi was just wondering do you have to leave the £1000 each month in the account until you get the £100 or could you deposit it on say the monday and take it out the following day, then do the same the following month???

Andy

bbruce

andycarmi wrote:

Hi was just wondering do you have to leave the £1000 each month in the account until you get the £100 or could you deposit it on say the monday and take it out the following day, then do the same the following month???

Andy

Crikey! You're really going for the pound of flesh! Have you got a grudge against them?

dennyboy

looks like you just credit it with 1K for 2 consecutive months then your eligible. I'm going to credit it withn 1K then move it out the next day. Their interest rate must be rubbish on this as I tried for the last 5 mins to find it no joy! waste of time, money in and out, pocket the 100 pounds. There fault if they give a rubbish rate.

Qoute "Once the new account has been credited with £1,000 or more each month for the first two consecutive months after account opening, the new customer will be eligible to receive £100." no mention here of keeping it in there.

Former_MSE_Dan

Hi was just wondering do you have to leave the £1000 each month in the account until you get the £100 or could you deposit it on say the monday and take it out the following day, then do the same the following month???

Andy

There is no set length of time for the money to stay in the account. As long the credit registers, you could withdraw it all the next day.

Former_MSE_Dan

Their interest rate must be rubbish on this as I tried for the last 5 mins to find it no joy! waste of time, money in and out, pocket the 100 pounds. There fault if they give a rubbish rate.

It's 0.1%

Joy!

KTF

I have an acocunt with the Nationwide and the Barclays is next door so I will just take out 1k from Nationwide, walk next door to pay it in then take it out and pay it back into the Nationwide.

Assuming the credit is instant and the queue isnt very long at lunchtime then it will only take a few minutes effort

dennyboy

Why walk with the money (chance of losing it etc!). You get an online account with this use this facility to log on with a nice cup of coffee transfer, then do the same the next day only back into your high interest account.

KTF

True but that will take a few days each way which is then money lost in interest :-)

pawsforthought_2

I have a Woolwich Open Plan Account ( Woolwich owned by Barclays ) Do you think I would still qualify or would they view this as a Barclays bank account .

Views /comments appreciated


pawsforthought