Barclays Blue Rewards

Ed-1

grumbler wrote: »

No (yet?).

Have you had the £3 fee taken?

grumbler wrote: »

What do you mean? I've had BR just for a few hours.

What I mean is if you sign up part way through a month they'll pay the reward and take the fee on the 1st of the following month regardless of whether you met the conditions in that first part month. From then on you'll have to meet the conditions, so you get a grace period.

You seem to have signed up midway through the update, so for the mortgage reward it's taken you as signing up "last month" (and so paid the reward on the following 1st (today)), but after the fee and loyalty reward checks were done - that's my best guess anyway??

Winrick

I've received my £7 too

Haven't read the whole thread remember some confusion about how exactly to meet the Ts and CS so here's my case study as I think I may be borderline

In terms of criteria that I have/haven't fulfilled.

£800 standing order deposited today (1st May)

3 tesco direct debits set up (as shown in my account) but only one paid today (1st May). Other 2 will pay next week.

The account was deviously dormant for a year with no balance so I wouldn't have fulfilled the criteria any other way.

Hope this helps.

b_enji

Mine came in two batches too (£5 + £7 as I have a Woolwich mortgage) - only one DDR last month though so it looks like they have given everyone a grace period as others have suggested.

grumbler

Ed-1 wrote: »

Have you had the £3 fee taken?

No (yet?).

CuddlesTC

Archi_Bald wrote: »

Question to both:

Was this an existing mortgage or did you take it out/re-mortgage since you registered for Blue?

Long-standing mortgage with the Woolwich; in fact, the current account was originally Woolwich as well, before they got combined with Barclays (about 8 or 9 years ago IIRC).

anoncol

Theres a lot of Woolwich mortgage holders come out the wood work lately

ColdIron

Archi_Bald wrote: »

Question to both:

Was this an existing mortgage or did you take it out/re-mortgage since you registered for Blue?

All of the people I've asked this question of at Barclays say that they will pay on existing mortgages but the insurance products have to be set up or renewed after joining BBR

anoncol

ColdIron wrote: »

All of the people I've asked this question of at Barclays say that they will pay on existing mortgages but the insurance products have to be set up or renewed after joining BBR

Thats interesting. I'd never considered insurance with barclays before, but i did a home insurance test run application and it ended up cheaper than where we are anyway, but its not due for a few months yet.

So i'm going to be moving that to barclays. I guess their plan is working and were all quids in.

marlasinger

Archi_Bald wrote: »

There's been some debate over this earlier as information on the Barclays site seems to be contradictory on the mortgage. I didn't check the wording for insurance.

You should check this thread for further details, and put a complaint in with Barclays.

Please report back what they are saying.

I have received the additional £5 reward now, so I guess it is transacted separately.

I have had a mortgage with Woolwich for 4 years now, so it looks like you get the rewards for existing mortgages. I was reading the Barclays site earlier today, and they say you don't get rewards for existing home insurance policies, so that explains why I haven't received the reward money for that one.

PParka

Archi_Bald wrote: »

Question to both:

Was this an existing mortgage or did you take it out/re-mortgage since you registered for Blue?

Mine is an existing Woolwich offset mortgage that I've had for about 6 years.