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

Blade200

Also received the bonus this morning exactly one week after switch date.

J30

I know there has been a lot of confusion on this one. So can I please clarify….are new customers eligible is they had an account previously and closed this earlier in the year (another switch)? 

Also, if I do switch is this likely to impact credit score? Recently switched to nationwide for the incentive so not sure whether to go for this one. 

PRAISETHESUN

DJSINGH said:

Has anyone bought premium bonds using their debit card and received the cashback?

I've paid into a NS&I direct saver and that did the job for me to get paid the cashback

Stargunner

daz_f said:

Nasqueron said:

Ditto, switch done 13th, money in today 
Now to spend £200 on the debit next 2 months for the cashback!

How much do you get back for spending £200

Have your DD’s already paid out to get the money that quick 

You get 5% during November and December, so £10 each month. I have already received the £10 for my November spend. 

My DD’s haven’t paid out yet

PRAISETHESUN

J30 said:

I know there has been a lot of confusion on this one. So can I please clarify….are new customers eligible is they had an account previously and closed this earlier in the year (another switch)? 

Also, if I do switch is this likely to impact credit score? Recently switched to nationwide for the incentive so not sure whether to go for this one. 

As long as you didn't hold a Barclays account on or after 31 Oct, then you are eligible. Switching closes your account so you should be good to go.

Ignore the credit score - focus on the data on your credit files. Barclays will do a hard credit search which will leave a mark on your files, but if you don't have a major application on the horizon (eg. mortgage, etc) then the effect will be minimal after a month or so

Zopa_Trooper

daz_f said:

Nasqueron said:

Ditto, switch done 13th, money in today 
Now to spend £200 on the debit next 2 months for the cashback!

How much do you get back for spending £200

Have your DD’s already paid out to get the money that quick 

You don't require the DD's to have paid out to get the switch money, they just need to be "active".

Johnny-Cage

After switching to Club Lloyds on a deal 6 months ago, I lost my burner account coz I have a regular saver with them.

Had to open a 2nd Halifax current account and don’t even have the card yet and that being switched on 27th 
2 DD’s added to pay credit cards, Happy days they don’t need to take the DD coz I rarely use CC’s so both are sat on 0

pecunianonolet

pecunianonolet said:

Stargunner said:

I received my £175 switch incentive this morning

When did your switch complete?

When I wrote above, didn't have anything in and only an error message cashback rewards can't be shown. Now checked again and cashback still at zero despite a £200 paypal debit card spend. Going to open an NS&I account now and try again. 5 direct debits taken (2 x Plum 3 x Paypal). Incentive now in the account. Switch completed 10th Nov.

LeoMar

DJSINGH said:

Has anyone bought premium bonds using their debit card and received the cashback?

Yes I bought £100 of premium bonds and received cashback 😀 

DJSINGH

LeoMar said:

DJSINGH said:

Has anyone bought premium bonds using their debit card and received the cashback?

Yes I bought £100 of premium bonds and received cashback 😀 

Amazing thanks. I've just opened my one today and activated blue rewards. So once my card comes I just need to buy premium bonds and the cashback is there right? (Just ensuring I didnt miss something!)