Barclaycard Freedom Rewards

planteria

i've had a BFR card with a balance transfer deal on it for the past couple of years, and recently started using it as an Amex backup as there has been a purchases deal on it too..
i've generated 1,324 FR points, and have just seen that i need 1,750 for a £5 voucher_party_
has anyone understood/calculated the 'rate' if it were equivalent to cashback?
now the card is clear i am thinking i might try to get them to change my account into the Amex/Visa Cashback account.. would the 0.5% on the Visa card be more cash generative that BFR?

OllyM

I think it earns 1 point per £1 spent and 2 points per £1 spent on a few bonus categories.

At the standard rate it works out at less than 0.3% "cashback" so I'd definitely dump it.

planteria

thank you Olly
has the rate been discussed here at MSE?:think:
anyone see any reason for retaining Freedom Rewards as a spending card? or as a future balance transfer card?
i have a good limit on the account, so at some stage i will fancy moving debt back to Barclaycard:)

planteria

any reason why the Cashback card is less likely to have repeat BT deals offered, rather than Freedom Rewards, or perhaps Platinum cards?

planteria

and has anyone managed to get them to morph a Barclaycard into a HHonors card, now that they are held within the Barclaycard platform?

derelyth

Hi Planteria,

I upped from Freedom to CB in November and still get letters/emails offering BTs/MTs on these cards so I don't think the card type has much bearing on Barclaycard's likelihood of offering them.

Cheers

Karl

Candyapple

planteria wrote: »

and has anyone managed to get them to morph a Barclaycard into a HHonors card, now that they are held within the Barclaycard platform?

https://forums.moneysavingexpert.com/discussion/5386487

planteria

thanks derelyth, that is useful feedback.
and thanks Candyapple.. yes, remember that thread now.
i am thinking i will be speaking to Barclaycard to see what the options are, but guessing that Cashback will be an option whilst HHonors will not.

af889

Everything is defined here (near bottom of page):
http://www.barclaycard.co.uk/freedomrewards/how-freedom-rewards-work.html

Basically 2 points per £1 for supermarkets, petrol and TFL; otherwise 1 point per £1. The Freedom rewards store has 3 points per £1 and sometimes special offers, e.g. at the moment its 10 points per £1 on travel.

planteria

they were adamant that they are not able to transfer accounts into HHonors accounts.. so i now have a pair of Cashback cards en route.