Barclays £175 switch offer - new customers only, Nov 1 - 30 2023

AmityNeon

Nasqueron said:

AmityNeon said:

Nasqueron said:

AmityNeon said:

Nasqueron said:

I didn't pay the £800 in so far and today I had no £5 reward (for last 2 DD taken) and no fee taken. I left the blue rewards for the moment also.

Nasqueron said:

£5 taken today from rewards (transaction date was yesterday), will be a complaint winging their way if I don't get the £5 from last month as I had 2x DD paid and £800 paid in

You left Blue Rewards but still expect to receive the reward payment, despite the terms stating otherwise? Or do you mean 'left' as in 'left it alone' so it's still active? Did you pay in £800 in December?

I was notified yesterday at 18:46 that the £5 fee had been paid from my current account, and the £5 reward simultaneously appeared in my Blue Rewards Wallet.

I was a member in November and December for the switch, I paid the December £5

In December I had 2x DD out and paid in £800 (and I paid in £800 for November anyway)

In January I had the £5 debited but was not credited the £5 for December the same day. I left the rewards scheme (confirmed by email) on the second working day as they hadn't debited me in the morning. I figured it would be the same result - I don't pay in £800 and leave and then don't get credited for December but don't pay a fee in January or I pay the fee in January but get the reward credited for December. They took the £5 on the 3rd working day but backdated the transaction to the day before but I didn't get the £5 hence my post

As it happens, they credited the £5 rewards for December today so all good, net gain of £190 - bonus, 2x £10 cashback, 1x £5 blue rewards - x2 £5 blue rewards membership

That's great to hear. You paid the fee, so Barclays still honoured the pending reward payment. Was your Blue Rewards Wallet still open this morning to receive it, or was it credited directly to your current account?

It was risky to cancel Blue Rewards on the second working day of the month, which is probably what caused the delayed processing. The terms state you need to cancel by 5pm on the last day of the month to avoid the being charged the next fee, but when you cancel, your Blue Rewards Wallet is closed and you will no longer be eligible for any pending rewards that have yet to be credited. Had you waited until later that evening (on the second working day), it's likely you would have paid the fee and received the reward as usual.

Was paid directly into the current account, the blue rewards wallet is closed. The reason I did it that way was simply because I figured if I didn't pay in £800, I wouldn't qualify so no fee anyway. The terms on the site are pretty ambiguous so I thought if I didn't pay it in, they might not take the fee. As for reading the terms, honestly I didn't as many people on this topic said it would work out that you lose £5 overall regardless...

The terms aren't explicit in certain regards, but I don't interpret payment of the membership fee as being dependent on £800 being credited in the previous month. What is explicit:

To be eligible for Barclays Blue Rewards you will need to:
    Pay in at least £800 to your nominated current account each month.

We may cancel your Barclays Blue Rewards if:
    You haven’t met the eligibility criteria

If we or you cancel your Barclays Blue Rewards:
    We will no longer charge you the Barclays Blue Rewards monthly fee in future months

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.

So if you fail to pay in £800, Barclays may cancel your Blue Rewards, but until they do, they will continue to charge the monthly fee.

It's good that Barclays still paid you the reward directly, without any further prompting from you.

TheBearNecessity

Moved on the 30th November and just received the £175.

Goodbye Barclays!!

HillStreetBlues

How often do Barclays run an award like this?  Sorry if it's been answered before but 119 pages is beyond my limit to check.

HHUK

HillStreetBlues said:

How often do Barclays run an award like this?  Sorry if it's been answered before but 119 pages is beyond my limit to check.

My understanding is this is the first time Barclays has ever offered a straight cash incentive to switch current accounts

danny13579

HHUK said:

HillStreetBlues said:

How often do Barclays run an award like this?  Sorry if it's been answered before but 119 pages is beyond my limit to check.

My understanding is this is the first time Barclays has ever offered a straight cash incentive to switch current accounts

They previously had one back in 2019.

boingy

HillStreetBlues said:

 Sorry if it's been answered before but 119 pages is beyond my limit to check.

Pah! No staying power. It will probably only take you half a day or so to ride the epic rollercoaster of emotions and doubt in this thread. Mind you, I don't think your particular question was answered in any of those preceding posts.  

Ponchos

Ponchos said:

Along with what @LottieLu and @zedonk have said in the last few posts, by my thinking if you signed up on the final day the offer was available (Thursday 30th November) then the 28 working days would be Tuesday 9th January, however with Christmas and new year being week days they may not be calculated as working days and so I would give it until the end of next week for the switch cash to be added. People who opened their account sooner should theoretically get the cash sooner. I am assuming that the 28 working days start from when the account was opened rather than when the switch was confirmed as complete. If it is from the date the switch was deemed complete then for me that starts on 8th December, and so the 28 days later would be a week or so later.

If those who are still waiting for the switch cash can post when they receive it, along with the date the opened the account and the date the switch was confirmed by Barclays, then it may give other users who are waiting a better idea when they might be getting their cash. It won't be a strict guide of course, given how sporadic and haphazardly Barclays behave, but it might be useful!

I signed up to Barclays on 30th November.
Switch was completed on 8th December.
Switch cash hit my account today, 10th January.

As 30th November was the final day to sign up for the switch bonus, if you signed up that day and haven't had it by this coming Friday, I'd suggest getting in touch with them.

As @TheBearNecessity said above, goodbye Barclays! Shame Nationwide have withdrawn their offer!

miller

What odds I'll lose access to my Barlcaycard via the app if I switch away from Barclays? Or maybe I'm being pessimistic and it will all work normally!

HHUK

danny13579 said:

HHUK said:

They previously had one back in 2019.

Was that not payable over a period of a year, and dependent on having two direct debits successfully paid from the relevant current account each month for 12 months, as opposed to an up front lump sum? In other words you'd have needed to keep the new Barclays account for at least a year to receive the incentive in full.

The colleague I saw when I had to visit the branch to verify my ID said she'd been with them years, and to her knowledge they hadn't offered cash up front before.

danny13579

HHUK said:

danny13579 said:

HHUK said:

They previously had one back in 2019.

Was that not payable over a period of a year, and dependent on having two direct debits successfully paid from the relevant current account each month for 12 months, as opposed to an up front lump sum? In other words you'd have needed to keep the new Barclays account for at least a year to receive the incentive in full.

The colleague I saw when I had to visit the branch to verify my ID said she'd been with them years, and to her knowledge they hadn't offered cash up front before.

Nope, was checking my records and I opened the account in August 2019, switched it out in November 2019.

From my experience their staff have no idea what's going on and seem to make it up as they go along.