Barclays Blue Rewards

7sefton

I’ve read the entire thread and understand it’s best to cancel as soon as the reward is paid in March, but have two more questions:

1) do I still pay the fee in March?
2) do I still need to pay out two DDs in March?

Just trying to maximise what I get :-)

Daliah

You will pay a fee for as long you are registered for the Reward account. You will also only get the Reward payment if you are still registered . Reward payment happens on the same day as the Reward fee is taken. So if you want the Reward payment in March, you are paying the Reward fee in March.

If you are cancelling Blue Rewards in March, there is not much point in paying the DDs you have set up for the Blue Rewards. However, if you are planning on switching your Barclays account for a switch bonus, you might want to keep the DDs going.

7sefton

Sorry I’m confused about whether regards and fee payments are taken in the month they are applicable, or in advance/arrears.

eg if I pay the fee in March, is the reward I get in March for March or for February. And are the direct debits I pay in March affecting my reward for March?

sorry for being dim 

EarthBoy

7sefton said:

Sorry I’m confused about whether regards and fee payments are taken in the month they are applicable, or in advance/arrears.

eg if I pay the fee in March, is the reward I get in March for March or for February. And are the direct debits I pay in March affecting my reward for March?

sorry for being dim 

Do the Terms and Conditions help?:

"pay the monthly fee, which is paid from your nominated current account on the second working day of the following month. Up to 28 February 2022 the monthly fee is £4. From 1 March 2022 the monthly fee is £5. So, April 2022 will be the first month you pay the new monthly fee."

"You can cancel your Barclays Blue Rewards at any time either through Online Banking or with the Barclays app. If you do this before 5pm on the last day of the month, we won’t charge the next monthly fee. "

"Up to 28 February 2022 you will receive a £3.50 reward for each of your first two successful Direct Debit payments, up to £7 each month. From 1 March 2022 you will receive £5 each month if you have two or more successful Direct Debits payments. So, April 2022 will be the first month you’ll receive the new Loyalty Reward."

https://www.barclays.co.uk/current-accounts/blue-rewards-terms-conditions/

AlwaysLearnin

No Barclays Blue payment yet this month - normally showing around midday on 2nd working day.  Perhaps they're delaying as they know what's coming...😁

qsk

AlwaysLearnin said:

No Barclays Blue payment yet this month - normally showing around midday on 2nd working day.  Perhaps they're delaying as they know what's coming...😁

Yeah, patiently waiting before clicking that magic button.

topcat105

qsk said:

AlwaysLearnin said:

No Barclays Blue payment yet this month - normally showing around midday on 2nd working day.  Perhaps they're delaying as they know what's coming...😁

Yeah, patiently waiting before clicking that magic button.

Still nothing and it's now turned 5. Anybody had theirs ?

AlwaysLearnin

Nope, nothing yet.  My previous comment was tongue in cheek, but does appear they're actually having issues today (the app was down earlier too).  Won't miss them much to be honest...

wiseonesomeofthetime

Mine was showing today. 

Emptied rewards account into my main account. 

Clicked leave Rewards

App reloaded without Blue Rewards.

Whole thing completed in literally seconds 👍

quirkydeptless

wiseonesomeofthetime said:

Mine was showing today. 

Emptied rewards account into my main account. 

Clicked leave Rewards

App reloaded without Blue Rewards.

Whole thing completed in literally seconds 👍

I also did as the wise one does and also noted that I had earned over £400 in Blue Rewards