URGENT Free £100 Loophole discussion: MoneySavingExpert.com discussion

mountainofdebt

mountainofdebt wrote:

I rang them up today as no £100 as appeared in my account and this is what I was told:

As my account was opened on 13/02/05, I need to deposit £1000 before 13/03/06 (have actually deposited £2000 before this date) and another £1000 before 13/04/06.

Are they just playing for time or do I have a reasonable case for compliant?

With regards to the above I deposited another £1000 but abit peeved that I would have to wait another 28 days for the £100 but at the same time wrote Barclays a stroppy email saying that the t&cs stated 2 months and nothing about the account months and did only t&c apply to customers.

Anyway to cut a short story even shorter, have had a look at my account and they paid the £100 yesterday.

Result!

MisterT2

Well, I wanted to withdraw £1500 to pay some bills. I CAN'T They have a rediculous £1000 limit. I have to wait 2 days before I can take out any more. Their help desk in India told me 3 lies which I pulled them up on. More to the point, I can't find this in their T&C and nor can they.

B****y shambles. I feel 10000 transfers coming on at 1p per time. Yup that will make me feel a whole lot better

balloonist

balloonist wrote:

I got mine, but with the wife it is a different storey.
We had to show ID in the Worcester branch and they opened the account. We then double checked by letter that they would honour the deal, which was confirmed.
Paid in the 2nd £1000 on 1st March and no £100 for her. I got mine on 23rd March which doesn't stack up with this email received:

Thank you for your email asking us about the recent online offer.

Unfortunately there is a delay in reviewing these accounts, due to high demand.

The #100, for Customers who qualify will start to be paid from Monday 27th March.

The earliest the #100 can be paid, is within 28 days of the 2nd monthly payment of #1000 or more being paid into the new account.


If you have any similar requests, please note that you can complete them by:

- visiting any branch
- calling Barclays Telephone Banking (if you are not registered please call 08457 555 555 ), if calling from overseas please dial +44 24 7684 2100
- placing it in the post - Barclays Bank PLC, Leicester, LE87 2BB.

- using Online banking at https://ibank.barclays.co.uk

The email address we have contacted you from is used for outbound emails only. Should you need to contact Barclays again please do so by visiting the Contact Us pages on either the Barclays Homepage or Barclays Online Banking site.

Yours sincerely

Internet Care Team
For and on behalf of
Barclays Bank plc

All sorted now - thank you Barclays, just got to pop in to close both accounts. :A

NewToThis_3

baz8755 wrote:

Paid 1st payment in Feb, 2nd Payment 7th March. No sign of £100 yet

I complained to Barclays and received a 'phone call back. It is sheer volume that is slowing the process of crediting accounts with the £100.

There doesn't appear to be any system of crediting according to when second £1k was paid in. As long as it was paid in, this triggers the £100 payment but not in any particular order.

My second £1k was in on 3rd March. I should receive my £100 by tomorrow, but I won't hold my breath. I am assured that I will receive it, though.

Tim_L

I got my £100 yesterday - probably less than 28 days after the 2nd payment. I think they are biting the bullet and paying up now. I would love to have been a fly on the wall at the meetings where this was discussed!

fagun

I've just been told there is a week's backlog because of volumes. Shouldn't they have anticipated this already?

joe13

Great - my £100 was credited to my account yesterday. This is before the 28 days from 2nd deposit, I was not expecting the money until next week.

Many many thanks to OP. Wanted to leave a happy smiling face, but do not know how to put into a post.

jwt1

I guess I'm lucky mine was credited today 28 days after the 2nd £1000.00 went in. Now I'd better just transfer the balance out. I'd thought I'd keep the account open but they refused to consider even a basic cheque guarantee card and what use is a current account you cant write cheques on, what an own goal..

redagila

I haven't received my £100 yet so sent an e-mail yesterday, altho' not yet 28 days since 2nd £1K deposited, just to see Barclays response.
E-mail sent at lunchtime today saying they are reviewing the remainder of the accounts. Anyone who met the criteria in the T&C's, will receive the £100 by the end of this week.
Let's see if we all have it in our accounts by Saturday.

suesuesue_2

Thank you everyone for all these posts.
I got my account opened on 18th, so should be ok, just a litle worried that i didn't pay my first £1000 soon enough,
but second lot went in today,
fingers crossed!