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URGENT Free £100 Loophole discussion: MoneySavingExpert.com discussion

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  • oldagetraveller
    oldagetraveller Posts: 3,653 Forumite
    Account opened 27/01/06, 1st £1000 on 02/02/06, 2nd £1000 on 09/03/06. 28 calender days, from 2nd deposit, is tomorrow according to my counting. No £100 this morning so 'phone call to Barclays imminent! I'll probably threaten to close the account :D :rolleyes:
  • oldagetraveller
    oldagetraveller Posts: 3,653 Forumite
    If, as may happen with some customers who opened this account, Barclays do not pay the £100 "within 28 days" thus breaking their own terms and conditions, what penalty can be imposed on them for this breach?
    The banks are quick enough to penalise customers who don't comply so what if the boots on the other foot?
  • billieboy_2
    billieboy_2 Posts: 1,361 Forumite
    Part of the Furniture Combo Breaker
    My 28 days was up yesterday. I rang this morning and was told that no-one had had their £100 pound yet (which I obviously contested!). Was told to wait until Friday as the 28 days was only just up (that's what they've been told to tell customers - they've been getting a lot of calls about it). Will wait until Friday then ring again and put in a complaint. Very hit and miss as to when folks are getting it.
  • cheekymole
    cheekymole Posts: 3,417 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Just phoned 08456090806

    she has raised a complaint o both mine and OH accounts as we are now over the 28 days.
    They are in breach of T&C's, she said we would hear possibly in a week but there is a huge backlog

    I WANT my £100
    I haven't got one!
  • mikbruin
    mikbruin Posts: 33 Forumite
    No £100 for me yet either. They seem to be making up rules as they go along, asking me to jump through hoops, ie do this do this wait this long then this, and still no dosh.

    So here are my t&c's
    £50 fee for failure to honour contractual terms
    £5 per day whilst still in breach
    interest at their unauthorised rate
    £25 per phone call
    £30 per letter

    just for starters!
  • apples1
    apples1 Posts: 1,180 Forumite
    We applied for our a/c's on day of Martin's e mail. No problems to date but no £100 yet. Paid in 1st £1k on 1 Feb & 2nd £1k on 6 March so our time is about up I think?
    MTC NMP Membership #62 - made it back to size 12 after my children & I'm staying here!
  • cheekymole
    cheekymole Posts: 3,417 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    yep, apples, time was up yesterday, log your complaint with them
    I haven't got one!
  • mjanet
    mjanet Posts: 297 Forumite
    mikbruin wrote:
    No £100 for me yet either. They seem to be making up rules as they go along, asking me to jump through hoops, ie do this do this wait this long then this, and still no dosh.

    So here are my t&c's
    £50 fee for failure to honour contractual terms
    £5 per day whilst still in breach
    interest at their unauthorised rate
    £25 per phone call
    £30 per letter

    just for starters!
    except they are unlawful charges and what a lot of people are fighting the banks over lol
    Wish I could stop editing EVERY post I make :mad:
  • exel1966
    exel1966 Posts: 5,050 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    exel1966 wrote:
    Payments of £100 issued so far have been very random and there is no pattern to it. Just wait til the 28 days has passed and then badger the hell out of them til they pay up.

    I applied 13th Jan, account opened 24th Jan, first £1k deposit 6th Feb, 2nd £1K deposit 9th March, still waiting........................................................

    My fingers are itching to dial c/s to listen to the response.......72 hours to go !!!

    I'm very pleased to say that I've now lost the itchiness in my finger as I now have my £100 :j 27 days from the 2nd deposit !! Please be patient !!

    So for me it has been 100% hasle FREE. Not one single problem !! On that basis I may now open the regular saver account as it's the only one paying 10% gross AER that im eligable for.
  • ackers
    ackers Posts: 30 Forumite
    :j :money: Hooray.....

    I got my £100 yesterday (although my second £1000 credit was on 14th March).

    Strangely, my OH's account hasn't yet received the £100, despite one secure message and then being referred to the helpline who assured her it would be in the account on 3rd April.

    Her 2nd £1000 credit was made on 27th Feb.

    :D Chaos reigns at Barclays HQ......
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