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Barclays Premier £400 switch incentive

24

Comments

  • Ballard
    Ballard Posts: 2,988 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    It’s worth mentioning that holding a Barclaycard, mortgage or savings account doesn’t exclude you from the offer but you need to delete the Barclays app, re-download it and register as a new customer. 

    From the website:

    I already have a Barclaycard, mortgage account or savings account with Barclays. Am I still eligible? 

    You can still be eligible for the switch offer if you follow the steps below:

    1. Delete the Barclays app from your devices 
    2. Reinstall the app 
    3. When you open the app, select I’m new to Barclays 
    4. Select Apply for an account and follow the on-screen instructions. 

    Your new account will show in your app within 48 hours.

  • fazrewards
    fazrewards Posts: 58 Forumite
    Ninth Anniversary 10 Posts Name Dropper Combo Breaker
    Does anyone know when Barclays would pay the £400? Is it usually a month after you have paid in the £4k? 


  • Gambler
    Gambler Posts: 3,331 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Opened the account no problem but can't see how to activate Apple TV?
  • wmb194
    wmb194 Posts: 5,383 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Gambler said:
    Opened the account no problem but can't see how to activate Apple TV?
    In the app there's an icon for Premier benefits. It's in there.


  • Gambler
    Gambler Posts: 3,331 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    wmb194 said:
    Gambler said:
    Opened the account no problem but can't see how to activate Apple TV?
    In the app there's an icon for Premier benefits. It's in there.


    Ah thanks not showing for me yet. Although I have now read that it could take up to 3 working days to appear.
  • Dentonn
    Dentonn Posts: 13 Forumite
    Sixth Anniversary 10 Posts Combo Breaker
    If I don't make 75k/annum but am easily able to put in 4k a month is that fine?
  • danny13579
    danny13579 Posts: 937 Forumite
    500 Posts Second Anniversary Photogenic Name Dropper
    Dentonn said:
    If I don't make 75k/annum but am easily able to put in 4k a month is that fine?
    Possibly. The income doesn't have to be a regular amount every week or month. It takes account for variations in income, e.g. self employed/freelancers (see the Priya example a few posts back). As far as I can see there's no real way for them to check for sure, but in the T&Cs if they suspect you're not earning this amount per year (i.e. you're misleading them) they can exclude you from the offer and close/downgrade the account.

    If you read the earlier posts in this thread I've been asking if there's anyway Barclays can tell but from the replies I've read (something about a "National Hunter database" which I'm not convinced about), I don't really think there is. Also how can they tell you haven't made this income until a year has elapsed, yet the bonus is paid within a couple of months of opening the account and fulfilling the conditions?
  • Bendo
    Bendo Posts: 632 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    Anyone on 75K woukd surely be making some sizable pension contributions,  especially if they have kids and want to retain child benefit so yeah, don't think there is any real way for them to know unless they start asking for a copy of p60 etc.
  • David8614
    David8614 Posts: 5 Forumite
    Fifth Anniversary Combo Breaker First Post
    Yes I’m intrigued with this one. I earn £3950 net and get another £250 a month in board. Am I eligible? 

    Additionally what if it’s my partner that wants to open the account and I just transfer that to her and she transfers it straight back to me. Would that work?

    The bonus is paid within 28 days so not a lot of time for them to decide you’re not eligible.
  • smipsy
    smipsy Posts: 225 Forumite
    Seventh Anniversary 100 Posts Combo Breaker
    I thought Christmas came early, but then I saw you can’t get this if you’re already with Barclays. Shucks!

    On another note, in my app under Premier Banking it just states “Upgrade for free”. I do meet the requirements, is it as simple as that?

    I only have a normal account with Barclays, but if I can’t get the £400, then might as well grab the free Apple TV subscription, aye?

    Or am I missing something? Thanks y’all
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