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Barclay's Blue Rewards Removing £5 Reward

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  • MasterplanC
    MasterplanC Posts: 74 Forumite
    Second Anniversary 10 Posts Name Dropper
    Is there any way to set up leaving Barclays Blue Rewards by the end of August now? On the app it seems I can only cancel immediately, which is not what I want to do. (The DD & mortgage bonus is still worth it for now and I might as well use Apple TV for July & August.) A bit sucky they are changing the rules and it's not possible saying I don't agree with the rule change and hence want to leave when they take effect.
  • jameseonline
    jameseonline Posts: 1,067 Forumite
    1,000 Posts First Anniversary Name Dropper
    Is there any way to set up leaving Barclays Blue Rewards by the end of August now? On the app it seems I can only cancel immediately, which is not what I want to do. (The DD & mortgage bonus is still worth it for now and I might as well use Apple TV for July & August.) A bit sucky they are changing the rules and it's not possible saying I don't agree with the rule change and hence want to leave when they take effect.
    Not aware of any bank scheme where you can schedule your leaving date.

    Club Lloyds you cancel/downgrade your account.
    Santander you cancel/downgrade your account.

    So when you want to leave Barclays Blue you literally just select the cancel option and it's done, if you have the rainy day it won't instantly get downgraded but you will not be eligible for the rate of it either, for some unknown reason they haven't changed mine to a poorer rate account even though they said they would, months ago.
  • WillPS
    WillPS Posts: 5,147 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    edited 25 June 2024 at 9:16AM
    Is there any way to set up leaving Barclays Blue Rewards by the end of August now? On the app it seems I can only cancel immediately, which is not what I want to do. (The DD & mortgage bonus is still worth it for now and I might as well use Apple TV for July & August.) A bit sucky they are changing the rules and it's not possible saying I don't agree with the rule change and hence want to leave when they take effect.
    Not aware of any bank scheme where you can schedule your leaving date.

    Club Lloyds you cancel/downgrade your account.
    Santander you cancel/downgrade your account.

    So when you want to leave Barclays Blue you literally just select the cancel option and it's done, if you have the rainy day it won't instantly get downgraded but you will not be eligible for the rate of it either, for some unknown reason they haven't changed mine to a poorer rate account even though they said they would, months ago.

    You get about 6 month's grace with the Barclays Rainy Day Saver, then they give you a fair bit of notice they're going to change it to a 'normal' savings account.
    The only way I can think of to 'schedule' to leave is to CASS away - which you can normally schedule up to about 40 days in the future.

  • tracyyi
    tracyyi Posts: 118 Forumite
    10 Posts Name Dropper First Anniversary
    is that means no more bonus £8 from september for those 2 direct debits, pay in £800 and mortgage? 
  • tracyyi
    tracyyi Posts: 118 Forumite
    10 Posts Name Dropper First Anniversary
    Do we still pay them £5 monthly fees after 5th September for those join Barclays Blue Rewards?
  • WillPS
    WillPS Posts: 5,147 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    tracyyi said:
    is that means no more bonus £8 from september for those 2 direct debits, pay in £800 and mortgage? 

    Yes.

    tracyyi said:
    Do we still pay them £5 monthly fees after 5th September for those join Barclays Blue Rewards?

    Yes. Unless you leave, which I would advise (unless you'd otherwise pay for Major League Soccer...).
  • ForumUser7
    ForumUser7 Posts: 2,462 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    WillPS said:
    tracyyi said:
    is that means no more bonus £8 from september for those 2 direct debits, pay in £800 and mortgage? 

    Yes.

    tracyyi said:
    Do we still pay them £5 monthly fees after 5th September for those join Barclays Blue Rewards?

    Yes. Unless you leave, which I would advise (unless you'd otherwise pay for Major League Soccer...).
    Anyone know what date to leave to ensure the same number of fees and £5 rewards please?
    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: 5,147 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    WillPS said:
    tracyyi said:
    is that means no more bonus £8 from september for those 2 direct debits, pay in £800 and mortgage? 

    Yes.

    tracyyi said:
    Do we still pay them £5 monthly fees after 5th September for those join Barclays Blue Rewards?

    Yes. Unless you leave, which I would advise (unless you'd otherwise pay for Major League Soccer...).
    Anyone know what date to leave to ensure the same number of fees and £5 rewards please?

    It doesn't matter, I don't think. The reward for the previous month is paid after the fee for this month is taken - so if you leave at the end of August, you won't get the £5 reward in September. If you leave at the start of September you'll have paid £5 for September, and have had for your last £5 reward payment.

    The sweet spot, if there is one, is the last day of September - so you'll have had all your £5 payments, and a final full month of Blue Rewards (so Apple TV+, debit card cashback etc). If you've no interest in those remaining benefits then I can't see that it matters when you leave.
  • surreysaver
    surreysaver Posts: 4,814 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Is there any way to set up leaving Barclays Blue Rewards by the end of August now? On the app it seems I can only cancel immediately, which is not what I want to do. (The DD & mortgage bonus is still worth it for now and I might as well use Apple TV for July & August.) A bit sucky they are changing the rules and it's not possible saying I don't agree with the rule change and hence want to leave when they take effect.
    Not aware of any bank scheme where you can schedule your leaving date.

    Club Lloyds you cancel/downgrade your account.
    Santander you cancel/downgrade your account.

    So when you want to leave Barclays Blue you literally just select the cancel option and it's done, if you have the rainy day it won't instantly get downgraded but you will not be eligible for the rate of it either, for some unknown reason they haven't changed mine to a poorer rate account even though they said they would, months ago.
    That's handy to know. So when I downgrade at the beginning of September I can still keep my Rainy Day until they tell me they're going to downgrade it?
    I consider myself to be a male feminist. Is that allowed?
  • boingy
    boingy Posts: 1,913 Forumite
    1,000 Posts Second Anniversary Name Dropper
    I'm chuckling at the thought of Major League Soccer being considered a popular thing in the UK. 
    As for the Apple TV, we had three months of it for free with a TV purchase and I have to say that it's way behind Netflix, Disney+ and Amazon Prime. I was genuinely surprised at Apple getting it so wrong. They normally have a knack of hitting the spot.

    I imagine Barclays will lose loads of customers to this change, but maybe it will boost their profits. All those fivers add up.


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