Barclays Blue Rewards - any pitfalls which I need to know about?

PRAISETHESUN

kaMelo said:

PRAISETHESUN said:

Grumpy_chap said:

I have accounts with Barclays for ever, but never signed for Blue Rewards.  They charge you for this, right?  I currently have free banking.

It's a net gain after the fee, but yes strictly speaking it is an account fee of £3 followed by a payment of £7 for meeting the monthly criteria.

The fee increased to £4 so a net gain of £3 for two direct debits, (more if you've bagged a double/triple rewards offer)

Thanks for the correction. Either way, the main point I was trying to make is that the account fee and reward payouts are separate. The result is a net gain for the account holder, but if you miss the monthly criteria for any reason then the fee will still be charged.

stardust23

On which date is the £4 fee taken?
On which date is the reward received?
Thank you.

mab3000

stardust23 said:

On which date is the £4 fee taken?
On which date is the reward received?
Thank you.

Usually the first/second working day of each month, the fee is taken at the same time as the reward goes into the blue rewards wallet. 

adindas

colsten said:

Grumpy_chap said:

I have accounts with Barclays for ever, but never signed for Blue Rewards.  They charge you for this, right?  I currently have free banking.

The charge is less than you get paid.

My double blue reward has ended recently. I just notice today on my account, I got charge for £4.00 for the fee and got £3.50 blue reward in return so a loss of £0.50. So what I have missed here. Is there a way to renew the doule reward  as the existing account holder who already got the double reward in the past  ??

colsten

adindas said:

colsten said:

Grumpy_chap said:

I have accounts with Barclays for ever, but never signed for Blue Rewards.  They charge you for this, right?  I currently have free banking.

The charge is less than you get paid.

My double blue reward has ended recently. I just notice today on my account, I got charge for £4.00 for the fee and got £3.50 blue reward in return so a loss of £0.50. So what I have missed here. Is there a way to renew the doule reward  as the existing account holder who already got the double reward in the past  ??

Sounds as if you had only 1 DD paying out last month.

PRAISETHESUN

adindas said:

colsten said:

Grumpy_chap said:

I have accounts with Barclays for ever, but never signed for Blue Rewards.  They charge you for this, right?  I currently have free banking.

The charge is less than you get paid.

My double blue reward has ended recently. I just notice today on my account, I got charge for £4.00 for the fee and got £3.50 blue reward in return so a loss of £0.50. So what I have missed here. Is there a way to renew the doule reward  as the existing account holder who already got the double reward in the past  ??

You won't be able to renew the offer unless Barclays run another Switch incentive. Otherwise as @colsten suggests, check you paid out enough DDs - if any were due to be paid out over the long weekend just past then they wouldn't've been taken until Tues, which misses the monthly deadline.

adindas

Thanks both to colsten & PRAISETHESUN it might be due to DD. Will have a look of it.

Is there any limit how many years you could get a double rewards ??

PRAISETHESUN

adindas said:

Thanks both to colsten & PRAISETHESUN it might be due to DD. Will have a look of it.

Is there any limit how many years you could get a double rewards ??

I'm pretty sure the only limit is that you can only have blue rewards on one account at a time, and you can only have one double reward incentive active at any time. Outside of that there's no limit to how many you can chain together, so long as Barclays has an offer every 12 months or so and you meet the requirements of the offer in question at the time.

In the past the only caveat I've found worth mentioning is that if you have an active double rewards offer and get a new one, then the new offer will override your existing offer (ie. if you're 6 months into a 12 month offer and take a new one, you'll lose the 6 months left - for a total of 18 months not 24!) but either way you're still better off taking the offer!

tonycottee

adindas said:

colsten said:

Grumpy_chap said:

I have accounts with Barclays for ever, but never signed for Blue Rewards.  They charge you for this, right?  I currently have free banking.

The charge is less than you get paid.

My double blue reward has ended recently. I just notice today on my account, I got charge for £4.00 for the fee and got £3.50 blue reward in return so a loss of £0.50. So what I have missed here. Is there a way to renew the doule reward  as the existing account holder who already got the double reward in the past  ??

I only received one DD reward today too, which isn’t right. I checked with live chat and they say that it’s a known technical issue and they’re working on it. Although my wife received all of hers.

wakeupalarm

adindas said:

colsten said:

Grumpy_chap said:

I have accounts with Barclays for ever, but never signed for Blue Rewards.  They charge you for this, right?  I currently have free banking.

The charge is less than you get paid.

My double blue reward has ended recently. I just notice today on my account, I got charge for £4.00 for the fee and got £3.50 blue reward in return so a loss of £0.50. So what I have missed here. Is there a way to renew the doule reward  as the existing account holder who already got the double reward in the past  ??

Have the same issue, only £3.50 paid instead of £7.