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Barclays Current account £100 incentive !

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  • MSE_Dan wrote:
    Hi guys,

    Just a quick note to let you know we've been looking into this for a few days, and will be putting an official note up soon.

    Still checking out the refer a freind scheme, but the basic £100 offer is available for simply depositing £1000 for 2 consecutive months, no salary switch required.

    Good one eh?!

    Dan

    And it seems as though you can deposit £1,000, withdraw it and then re-deposit in month 2. Could you include this in your research, please?

    TVM
    Warning ..... I'm a peri-menopausal axe-wielding maniac ;)
  • KTF wrote:
    True but that will take a few days each way which is then money lost in interest :-)

    Agreed, but if Barclays pay £100 for a deposit of only £1,000 that's a 10% return over only two months!

    You're not getting better than that, are you ;)
    Warning ..... I'm a peri-menopausal axe-wielding maniac ;)
  • mazwaz
    mazwaz Posts: 10 Forumite
    KTF wrote:
    Sounds good. I cant see anything about transferring salary, etc over so it looks like an easy £100 is coming my way :)
    this may sound thick (i'm a member of mensa really!) but what's a pm?new to all this.thanks
  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    LOL, you are too smart for your own good!!

    PM stands for "Private Message" or "Personal Message" - e.g. you can send me a PM, and if you click on any poster's name, you can see a PM option.
  • Tim_L
    Tim_L Posts: 3,816 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The idea of depositing cash then immediately withdrawing it probably won't work as it will take some time for the cash to register. There's very little interest loss on two BACs transfers a month so I'd just do it online personally.
  • KTF
    KTF Posts: 4,849 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    mazwaz wrote:
    this may sound thick (i'm a member of mensa really!) but what's a pm?new to all this.thanks
    If you click on my name in the top left then a drop down menu will appear. The option to send a PM is under that.
  • And it seems as though you can deposit £1,000, withdraw it and then re-deposit in month 2. Could you include this in your research, please?

    TVM

    Ywah that'd be fine - there's no way they could tell if it were new money or not.
    Former MSE team member
  • lkoky
    lkoky Posts: 195 Forumite
    Part of the Furniture Combo Breaker
    Anyone got any account opened confirmation from Barclay yet?
  • Not me. I applied on the first day but havent recieved e-mail as yet. Will post as soon as /if I do
  • I Haven't heard a dicky bird, applied Friday, they did do a credit check on me yesterday which showed up on my file though, so I think they are processing it, ready to knock me back!
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