Barclaycard - retentions £50 credit.

andy.m_2

I just tried to cancel my zero balance Barclaycard, all going well, had to listen to the retentions blurb and kept saying I wasn't interested.

Up to the point where they instantly credited my card with £50.
Which I can transfer out immediately.
And there's no tie in period afterwards.

Interesting times that they can give away free money in the vain hope that I will spend spend spend on it.

The_Boss

I'd like to try this but since I always repaid in full I'm not sure this approach will work.

andy.m_2

never paid a bean in interest myself, always paid in full at month end.

HiToAll

Don't say it wont work, give it a try.
Don't forget just because they don't earn interest from you doesn't mean that they don't earn transaction fees on what you do spend which might be worth their while giving you £50.
Worst thing that happens is they say no.

andy.m_2

intially they offered £20, then after a couple of minutes they upped it to £50.
I thought about asking for £100 but the tone in his voice changed at £50 and at that point he started to try to hang up on me.

HiToAll

Hope they still do it in sept as my 0% deal runs out then and i will pay my card or transfer to another provider. The £50 would cover any BT fees incurred.
Worth a try

cod3

andy.m wrote: »

never paid a bean in interest myself, always paid in full at month end.

Interesting. My Barclaycard will have a zero balance on Friday (been paying it off at 0% for the past 16 months)

Did they actually credit you, Andy? I would be tempted to try this, but then I might end up with no card and no bribe

ustvmad

i got a credit of £30 for a quick phone call...worth it ! account was credited in 24 hours

andy.m_2

£50 credit showing today, minimum transfer to bank account is £100 so presently scouring amazon for anything that catches my eye

darren72

I presume the card has to be at a zero balance before they will entertain putting you through to retentions and offering this deal ?

Thanks

chattychappy

darren72 wrote: »

I presume the card has to be at a zero balance before they will entertain putting you through to retentions and offering this deal ?

Thanks

Well.... if you didn't have a zero balance, you couldn't really close your account... So effectively you're retained anyway!