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barclay card £50 credit for cancelling

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photome
photome Posts: 16,670 Forumite
Part of the Furniture 10,000 Posts Name Dropper Bake Off Boss!
HI I have an old barclaycard account, not used for years, I have read people getting £50 credit when trying to cancel.

My question is there an optimum number to call for this to happen

Comments

  • TheEffect
    TheEffect Posts: 2,293 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I got a Barclaycard 2 months ago, but they only gave me a £250 limit, so I phoned a shortly after and requested they close the account. They gave me £20 to keep it open. I'll give them a call again in a few weeks and ask to close it again and see if they offer a further £20.

    It seems to be a hit and miss to whether you get offered anything. Only try t if you genuinely don't want the card anymore, as some people get offered nothing and they just go ahead and close the account.

    I phoned their standard customer service number and asked to be put through to cancellation department.
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    there won't be. you will have to call Customer Services, on any of several numbers. 0800 9177277 will do it.

    what is your limit? is it not of any use? you could ask for a Balance Transfer deal, or for the account to be transferred to a Cashback or Rewards account to enable you to use it for spending and derive some benefit from it.

    the compensation payments have usually been made when a deal is being changed, with terms less favourable.
  • Nebulous2
    Nebulous2 Posts: 5,673 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I phoned to cancel a card about 5 months ago and instead of being offered money they gave me 12 months interest-free on purchases.

    I took the offer, so I don't know if cash would have followed if I had persisted with closing it.
  • photome
    photome Posts: 16,670 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Bake Off Boss!
    Reason for closing is simply that I dont use it and dont need it

    I use other cards for daily use will try that 0800 number, thanks
  • eskbanker
    eskbanker Posts: 37,323 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Common sense would dictate that they'd only offer an incentive if they felt it was worth their while to retain a customer - if it's an old card not in use anymore, why would they pay out to keep that going?
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    eskbanker wrote: »
    Common sense would dictate that they'd only offer an incentive if they felt it was worth their while to retain a customer - if it's an old card not in use anymore, why would they pay out to keep that going?
    They do operate in strange ways!


    I'd never used my Barclaycards...ever since the account was transferred from 'Egg Money'...so how many years ago is that!?


    Yet they still gave me £50 to keep it open the first time I rang to close it. Then, a few months later, they gave me another £25 to keep it open when I called to close it.
  • TadleyBaggie
    TadleyBaggie Posts: 6,651 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Misleading subject, should read "...£50 credit for not cancelling".
  • diceydeb
    diceydeb Posts: 158 Forumite
    Part of the Furniture Photogenic Combo Breaker
    mmm...i got persuaded to keep mine open and they gave me £30 but I still havent used it apart from the £30 ta very much. I really want a 0% purchase period perhaps its worth asking them again.
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