Barclays as a mule

Hi All,
Long time stoozer, not much of a poster :-)

Current stooze pot is 30k against my offset mortgage which is now saving me 60-70 in interest each month - over 2k since this mortgage started.

I haven't been using BT cards via a mule for a very long time (still missing Egg)... I've seen people do this with Virgin and MBNA on these boards recently though.

I closed my Virgin card a few months ago with a plan to re-apply in another few months (right now they don't want to know me). *But*I have a Barclays card that I use as a backup spending card when everything else is maxxed. Does anyone have any experience of using barclays to go into a +ve balance and if they will then transfer to a bank account?



  • Alternatively, I also have a post office card - anyone tried them with a +ve balance?
  • mrs_T
    mrs_T Posts: 1,017
    First Post First Anniversary Combo Breaker
    Have successfully done this with Barclaycard a few times but not for a few years. No problems getting positive balances refunded via secure messaging.
  • TheBanker
    TheBanker Posts: 1,646
    First Anniversary First Post Name Dropper Combo Breaker
    Don't tell the bank you want to open a mule account. In banking, this term is used to describe accounts used to launder the proceeds of crime!
  • Cheers, I already have the Barclays card, was just looking for anyone that might have tried using it with a +ve balance.
  • savingholmes
    savingholmes Posts: 26,851
    Name Dropper First Anniversary Photogenic First Post
    Barclays sometimes do low fee money transfer offers.
    Achieve FIRE/Mortgage Neutrality by mid 2030
    1) MFW Nov 21 £201,999 with 237 payments to go - now £184,341 Equity 26.26% (lower post move compensated by EF)
    2) Mortgage neutral by June 2030 AVC £7,613/£127,466 AVC target 5.97%
    3) FI Age 60 annual income target £12,500/30,000 41.66%
    Achievements: CC free since April 22. 1 year EF from Jan 24 & dedicated pot for home improvements
  • Dibbler
    Dibbler Posts: 7 Forumite
    An update to close the thread - used Barclays as a mule just fine.

    There was a slight issue with transferring the positive balance over to by bank account as the first of my bank accounts they tried wouldn't work for some reason. I tried with a second account (same phone call) and all went well. BUT... for my 'inconvenience' they gave me £25. :-)
  • 5557223
    5557223 Posts: 45
    First Post Combo Breaker First Anniversary
    I will be trying this with my BC... just to understand was your amounts in the hundreds or thousands?
  • Dibbler
    Dibbler Posts: 7 Forumite
    It was in the thousands - and they just did it again...
  • adindas
    adindas Posts: 6,803
    First Anniversary Name Dropper First Post
    I have intention to redesignate (if possible) my Barclays platinum to Barclays Platinum Travel.

    I am aware that Barclay Platinum could be used as a mule card. What about Is Barclays Platinum Travel could they also be used as a mule card in the same way with old Barclay Platinum ?

    What are the advantages and disadvantages of doing this ?

This discussion has been closed.
Meet your Ambassadors


  • All Categories
  • 341.7K Banking & Borrowing
  • 249.7K Reduce Debt & Boost Income
  • 449.1K Spending & Discounts
  • 233.6K Work, Benefits & Business
  • 606K Mortgages, Homes & Bills
  • 172.4K Life & Family
  • 246.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards