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Barclaycard Avios Plus (rewards CC)

Hi all,

Up until 18th July Barclaycard Avios Plus is offering double AVIOS bonus points (50,000) when you spend £3,000 in first 3 months of opening, plus 1.5 avios points for each £1 spent.
A quick google suggests that 50,000 avios points is worth quite a bit and can be converted in to Nectar points at a rough 0.8p per point thus meaning approximately £800 worth.
Can anyone confirm?

Could I utilise this and simply close the account once the 50,000+ points have been credited to my BAEC account and convert my points from there? I'm new to Avios so not entirely sure how it works.

I also notice that Barclaycard are enabling CC's to be linked up to cashback rewards (up to 15% off some retailers), would the Avios Plus card be accepted for this?

I've been provisionally approved on Barclaycard eligibility checker - their own not through a comparison or broker site.
If you believe you can, you will. If you believe you can't, you won't.

Secured/Unsecured loans x 1 
Credit Cards x 8 (total limit £55,050)
Creation FS Retail Account x 1
Creation Credit Sale 0% x 1 = £112.50pm x 20 mths
0% Overdraft x 1 (£0 / £250)
Mortgage Outstanding - £137,707.00 (Payment 13/360)
Total Debt = £7,400 (0%APR) @ £100pm - Stoozing

«13

Comments

  • WillPS
    WillPS Posts: 5,202 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    edited 13 July 2022 at 10:33AM
    Yes. You can only convert a maximum of 50,000 points per calendar month which you'll hit if you try to convert all of your Avios at once. (You'll have more than 50,000 in your account since you will be earning points on your spend too).

    50,000 Avios is worth 80,000 Nectar which is £400 to spend at Argos, JS or Ebay if used at face value.

    The conversion from Avios to Nectar takes around 2 weeks.

    Cashback Rewards are only for Barclaycard Visa cards, unfortunately.
  • MrFrugalFever
    MrFrugalFever Posts: 1,301 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    WillPS said:
    Yes. You can only convert a maximum of 50,000 points per calendar month which you'll hit if you try to convert all of your Avios at once. (You'll have more than 50,000 in your account since you will be earning points on your spend too).

    50,000 Avios is worth 80,000 Nectar which is £400 to spend at Argos, JS or Ebay if used at face value.

    The conversion from Avios to Nectar takes around 2 weeks.

    Cashback Rewards are only for Barclaycard Visa cards, unfortunately.

    Hi thanks for the reply.

    Can this be done via the BAEC account?

    I can't see anywhere in the Barclaycard T's & C's that the £20monthly maintenance fee is fixed for a period of time, i.e you have to have it running for 6 months etc?
    If you believe you can, you will. If you believe you can't, you won't.

    Secured/Unsecured loans x 1 
    Credit Cards x 8 (total limit £55,050)
    Creation FS Retail Account x 1
    Creation Credit Sale 0% x 1 = £112.50pm x 20 mths
    0% Overdraft x 1 (£0 / £250)
    Mortgage Outstanding - £137,707.00 (Payment 13/360)
    Total Debt = £7,400 (0%APR) @ £100pm - Stoozing

  • Marchitiello
    Marchitiello Posts: 1,304 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    The plus card has a monthly fee, but once you hit the spend target and get credited the bonus, you should be able to downgrade to the free card as well, no need to close it. For more information on this there is a dedicated section within the Head for Points forum, which has more real life experience Of such a card. 

    So far I have never converted from Avios to Nectar so the two weeks quoted could be right,  but once you link your accounts, the conversion the other way (nectar to Avios) is virtually instant. 
  • adamp87
    adamp87 Posts: 900 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    The plus card has a monthly fee, but once you hit the spend target and get credited the bonus, you should be able to downgrade to the free card as well, no need to close it. For more information on this there is a dedicated section within the Head for Points forum, which has more real life experience Of such a card. 

    So far I have never converted from Avios to Nectar so the two weeks quoted could be right,  but once you link your accounts, the conversion the other way (nectar to Avios) is virtually instant. 


    Yeah that's right. It takes up to a two weeks to convert Avios to Nectar - bit annoying that switching it back to Avios is instant but . - this is a great offer tempted myself
  • Does anyone know of any hacks?
    I think I might be about £500 short for the £3,000 spend over the 3 months.
    I was wondering if supermarket gift cards would work and keep these to spend after reaching the qualifying amount.

    tia

    sx
  • Marchitiello
    Marchitiello Posts: 1,304 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    Does anyone know of any hacks?
    I think I might be about £500 short for the £3,000 spend over the 3 months.
    I was wondering if supermarket gift cards would work and keep these to spend after reaching the qualifying amount.

    tia

    sx
    No experience with Barclaycard specifically but I know it generally works, especially if you buy the gift cards as part of a general basket
  • MrFrugalFever
    MrFrugalFever Posts: 1,301 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    Does anyone know of any hacks?
    I think I might be about £500 short for the £3,000 spend over the 3 months.
    I was wondering if supermarket gift cards would work and keep these to spend after reaching the qualifying amount.

    tia

    sx
    In my experience it would be worth just trying to spend a small amount (say £15) on gift card first to see it BC treat it as a ‘cash like transaction’ before you go for the big £500.
    If you believe you can, you will. If you believe you can't, you won't.

    Secured/Unsecured loans x 1 
    Credit Cards x 8 (total limit £55,050)
    Creation FS Retail Account x 1
    Creation Credit Sale 0% x 1 = £112.50pm x 20 mths
    0% Overdraft x 1 (£0 / £250)
    Mortgage Outstanding - £137,707.00 (Payment 13/360)
    Total Debt = £7,400 (0%APR) @ £100pm - Stoozing

  • WillPS
    WillPS Posts: 5,202 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    There is 0 chance that a gift card bought in a physical retail store will result in cash charges unless that retailer attracts cash advance charges for normal purchases. It appears the same to Barclaycard.
  • MrFrugalFever
    MrFrugalFever Posts: 1,301 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    WillPS said:
    There is 0 chance that a gift card bought in a physical retail store will result in cash charges unless that retailer attracts cash advance charges for normal purchases. It appears the same to Barclaycard.
    It’s still worth them checking. When Sainsburys had the saveback scheme (disbanded last year), I paid in to my savings account via the deposit card at a physical till with a cashier. Tesco charged cash advance, as did virgin, but BC didn’t.
    If you believe you can, you will. If you believe you can't, you won't.

    Secured/Unsecured loans x 1 
    Credit Cards x 8 (total limit £55,050)
    Creation FS Retail Account x 1
    Creation Credit Sale 0% x 1 = £112.50pm x 20 mths
    0% Overdraft x 1 (£0 / £250)
    Mortgage Outstanding - £137,707.00 (Payment 13/360)
    Total Debt = £7,400 (0%APR) @ £100pm - Stoozing

  • Marchitiello
    Marchitiello Posts: 1,304 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    I regularly buy PS and Nintendo Gift Cards from Sainsbury to gift when my son gets invited to birthday parties, paying them as part of the shopping I am doing and paying with my Amex, never incurred in a fee. Used to buy M&S gift card at M&S and again never charged a fee. Not sure if buying the supermarket own one should incur a fee. It is one of the thing they sell, so cannot see the till differentiating.
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