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Barclays minimum £2000 pay in for the £200 bonus
l.c.elliott
Posts: 103 Forumite
Does anyone know if the £2000 that needs to be paid into the barclays account after switching to it has to be done in one transaction, or can it be paid in over 2 transactions?
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Comments
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What do the terms and conditions say?l.c.elliott said:Does anyone know if the £2000 that needs to be paid into the barclays account after switching to it has to be done in one transaction, or can it be paid in over 2 transactions?1 -
wmb194 asks a valid questionl.c.elliott said:Does anyone know if the £2000 that needs to be paid into the barclays account after switching to it has to be done in one transaction, or can it be paid in over 2 transactions?
If those T&Cs don’t specify £2k in one transaction, then it’s not necessary. What is NOT said in T&Cs is as important as what IS said.This is a current account where money goes in & out. I’ve never seen one which specifies a single lump sum deposit.2 -
I looked at the Ts and Cs and couldn't see anything about it needing to be in one lump sum or not, hence me asking the question. So I'm assuming that means I can do it in 2 go's.badger09 said:
wmb194 asks a valid questionl.c.elliott said:Does anyone know if the £2000 that needs to be paid into the barclays account after switching to it has to be done in one transaction, or can it be paid in over 2 transactions?
If those T&Cs don’t specify £2k in one transaction, then it’s not necessary. What is NOT said in T&Cs is as important as what IS said.This is a current account where money goes in & out. I’ve never seen one which specifies a single lump sum deposit.0 -
Or 3,4,10,20 etc etcl.c.elliott said:
I looked at the Ts and Cs and couldn't see anything about it needing to be in one lump sum or not, hence me asking the question. So I'm assuming that means I can do it in 2 go's.badger09 said:
wmb194 asks a valid questionl.c.elliott said:Does anyone know if the £2000 that needs to be paid into the barclays account after switching to it has to be done in one transaction, or can it be paid in over 2 transactions?
If those T&Cs don’t specify £2k in one transaction, then it’s not necessary. What is NOT said in T&Cs is as important as what IS said.This is a current account where money goes in & out. I’ve never seen one which specifies a single lump sum deposit.1 -
If it's not specified then it can be as many transactions as you want. Can do 2x £1000, 4x £500, etc, or even 2000x £1 if you really wanted to make a point.2
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Right but if the terms don't specify it must be one payment or that it must be that amount left in the account for X period (iirc Barclays did that previously) then you don't need to. They would lose any case at the FOS if they didn't require that, then tried to not pay out on the basis of a term that was not specified.l.c.elliott said:
I looked at the Ts and Cs and couldn't see anything about it needing to be in one lump sum or not, hence me asking the question. So I'm assuming that means I can do it in 2 go's.badger09 said:
wmb194 asks a valid questionl.c.elliott said:Does anyone know if the £2000 that needs to be paid into the barclays account after switching to it has to be done in one transaction, or can it be paid in over 2 transactions?
If those T&Cs don’t specify £2k in one transaction, then it’s not necessary. What is NOT said in T&Cs is as important as what IS said.This is a current account where money goes in & out. I’ve never seen one which specifies a single lump sum deposit.Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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