It looks like Barclays won't be charging for Premier Now, at least not at the moment.



Got this when I logged in tonight.
«134

Comments

  • Alex9384
    Alex9384 Posts: 977 Forumite
    Fifth Anniversary 500 Posts Name Dropper Photogenic
    Just out of curiosity, can you meet their criteria "Pay in a gross annual income of at least £75,000" simply by sending in money from your other accounts, then send it back, then pay in again next month, etc.? It worked for me with HSBC Advance and now Club Lloyds, but not sure if it would work here.
     
    EPICA - the best symphonic metal band in the world !
     
  • Saver101101
    Saver101101 Posts: 72 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    Alex9384 said:
    Just out of curiosity, can you meet their criteria "Pay in a gross annual income of at least £75,000" simply by sending in money from your other accounts, then send it back, then pay in again next month, etc.? It worked for me with HSBC Advance and now Club Lloyds, but not sure if it would work here.
    Possibly, but to be honest I don't think the account is worth it, in the past it was good, free chocolates from Thornton's, free wine, free English heritage membership etc. But now all you have left is a Black Debit card with a 2k a day ATM limit (I personally would not feel comfortable withdrawing £2k from a Cash Machine), and a interest free £500 OD (Was £1000), and a freephone number to a UK call Centre.
  • Speedbird676
    Speedbird676 Posts: 300 Forumite
    Part of the Furniture 100 Posts Name Dropper
    I opened it when they were running the big Avios signup bonus last year.

    I do meet the eligibility criteria but never bothered moving my salary to this account. I'll be downgrading once they start charging for it.
  • SupaSava2000
    SupaSava2000 Posts: 38 Forumite
    Third Anniversary 10 Posts
    I had a similar message but it said 

    “Although you wouldn't have paid the Premier Banking fee yet as a new Premier customer, we wanted to let you know we've decided it's not the right time to introduce it. We've updated our tariff to reflect this change. You don't need to do anything.”

    I’m not sure of the point at which you’re no longer class as a new Premier customer.

  • WillPS
    WillPS Posts: 4,943 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    I had a similar message but it said 

    “Although you wouldn't have paid the Premier Banking fee yet as a new Premier customer, we wanted to let you know we've decided it's not the right time to introduce it. We've updated our tariff to reflect this change. You don't need to do anything.”

    I’m not sure of the point at which you’re no longer class as a new Premier customer.


    First year the fee was supposedly 'waived' (to give you an opportunity to change your salary payments, do a CASS etc.). It appears in fact that it was never charged.

    Who in their right mind would have paid £20/month, I have no idea.
  • They told me to upgrade to get an overdraft. I did and made no difference, switched away and one day before switch they offered the overdraft. I don't earn 75k. Seems to be a mess atm at Barclays, a strange bank. I am convinced they care little for retail. 
  • SupaSava2000
    SupaSava2000 Posts: 38 Forumite
    Third Anniversary 10 Posts
    Alex9384 said:
    Just out of curiosity, can you meet their criteria "Pay in a gross annual income of at least £75,000" simply by sending in money from your other accounts, then send it back, then pay in again next month, etc.? It worked for me with HSBC Advance and now Club Lloyds, but not sure if it would work here.
    Possibly, but to be honest I don't think the account is worth it, in the past it was good, free chocolates from Thornton's, free wine, free English heritage membership etc. But now all you have left is a Black Debit card with a 2k a day ATM limit (I personally would not feel comfortable withdrawing £2k from a Cash Machine), and a interest free £500 OD (Was £1000), and a freephone number to a UK call Centre.
    Yes the old benefits were great. I think there was free coffee too from Patisserie Valerie
  • AlwaysLearnin
    AlwaysLearnin Posts: 899 Forumite
    Part of the Furniture 500 Posts Name Dropper Mortgage-free Glee!
    Alex9384 said:
    Just out of curiosity, can you meet their criteria "Pay in a gross annual income of at least £75,000" simply by sending in money from your other accounts, then send it back, then pay in again next month, etc.? It worked for me with HSBC Advance and now Club Lloyds, but not sure if it would work here.
    Yes, as long as from an external/non-Barclays acct
  • ForumUser7
    ForumUser7 Posts: 2,373 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Alex9384 said:
    Just out of curiosity, can you meet their criteria "Pay in a gross annual income of at least £75,000" simply by sending in money from your other accounts, then send it back, then pay in again next month, etc.? It worked for me with HSBC Advance and now Club Lloyds, but not sure if it would work here.
    Yes, as long as from an external/non-Barclays acct
    Don’t they request payslips to ensure you fulfil the salary requirement though? Guessing I couldn’t sign up and just transfer some funds around each month.
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • WillPS
    WillPS Posts: 4,943 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    Alex9384 said:
    Just out of curiosity, can you meet their criteria "Pay in a gross annual income of at least £75,000" simply by sending in money from your other accounts, then send it back, then pay in again next month, etc.? It worked for me with HSBC Advance and now Club Lloyds, but not sure if it would work here.
    Yes, as long as from an external/non-Barclays acct
    Don’t they request payslips to ensure you fulfil the salary requirement though? Guessing I couldn’t sign up and just transfer some funds around each month.
    Not routinely.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350K Banking & Borrowing
  • 252.7K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 242.9K Work, Benefits & Business
  • 619.8K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.