Barclays Blue Rewards

Yorkshire_Pud

poshrule_uk said:

So should I cancel after getting February reward as any payment in March will be on the new T&C?

If I’m right you can still get your usual £7 with £4 fee in March 2022 as their terms say the new terms come in March but won’t affect accounts until April. So as soon as £7 reward received on 2nd March and £4 fee deducted I will transfer my two credit card DDs to other banks manually before closing the Barclays current account (by the end of March at the latest or the new fees will be applied in April/ or downgraded account) which has been my dustbin account for years for old current accounts that I wanted rid of so switched to Barclays, lucky them getting about fifteen switches for nothing. Trouble is it’s impossible to edit all the payment details transferred in in the app and in online banking it simply wouldn’t work. That’s Barclays. Or I might switch it to a tsb account where I can edit out all the chaff.

mrsmartmoney

Barclays used to be really good for offers, now they are appalling.

there really is no reason to stay.

Yorkshire_Pud

Daliah said:

For those just wanting to cancel their Rewards membership:

Intrigued as to what Barclays mean in the last point!? You cancel Barclays blue rewards, you no longer get charged the BBR monthly fee but you continue to pay the monthly fee until your BR Wallet is closed.

So you both do and don’t get charged the monthly fee? Only Barclays are capable of this level of complication, will be glad to be rid of them. Is the wallet closed separately? Is the monthly fee due twice normally? I only pay it once £4 and it won’t be charged when I cancel rewards but it will be charged until I close the Wallet. Hello Barclays I want to close my wallet.

Sensory

We will no longer charge you the monthly fee, but we will still take money equal to the fee from your account on a monthly basis.

Makes perfect sense.

Coffeekup

I know it's been updated already.... But this was in my email 10 mins ago...
Edit sorry it's not in order, taken with phone and I can't edit properly for some reason

Lellylion10

Due to this, I just switched one account to HSBC for the £150 switch deal and the other I will move once my Mortgage is out of it fixed rate and I can remortgage to another bank without charges. Barclays will then have none of my money in it.

cjjhbn

I also have just switched to nationwide for there offer. 

wiseonesomeofthetime

I have no more offers left that I am eligible for 😢

Katiehound

wiseonesomeofthetime said:

I have no more offers left that I am eligible for 😢

Exactly the same!
Might even consider actually closing the account: that's seriously bad news....
All I can say is the double rewards were good whilst they lasted.
Adios Barclays!!

Zanderman

Katiehound said:

wiseonesomeofthetime said:

I have no more offers left that I am eligible for 😢

Exactly the same!
Might even consider actually closing the account: that's seriously bad news....
All I can say is the double rewards were good whilst they lasted.
Adios Barclays!!

I'm not sure why everyone's in such a hurry to leave?

The current scheme runs for another 2 or 3 months.

The new scheme won't actually cost anything if there are still two DDs. 

£5 fee, £5 credit if you have two DDs, more if you have a mortgage or insurance.  No actual loss.

So nothing to lose by staying is there?  At least until there's another switching offer that can be used!

And there are the as-yet-unannounced "offers and special extras".  I'm staying to see what those might be.

They might be rubbish, but might not be.