We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Barclays Premier Eligibility

Does anyone know if cycling £3330 per month through the Premier current account counts towards meeting the £75k income threshold?

I currently have the Premier account (met the criteria on the investments/savings threshold) but have just received a "We're reviewing your eligibility" email. I had transferred out my investments a few months ago and they've now noticed.

Ideally I would like to keep the account for the free Apple TV access.
«1

Comments

  • wmb194
    wmb194 Posts: 5,339 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 18 October at 10:05AM
    granta said:
    Does anyone know if cycling £3330 per month through the Premier current account counts towards meeting the £75k income threshold?

    I currently have the Premier account (met the criteria on the investments/savings threshold) but have just received a "We're reviewing your eligibility" email. I had transferred out my investments a few months ago and they've now noticed.

    Ideally I would like to keep the account for the free Apple TV access.
    Yes, for me it has been. I originally met the criteria via investments as well.

     I’ve received that same mail a couple of times but after moving money through the account my eligibility remained.
  • granta
    granta Posts: 567 Forumite
    Tenth Anniversary 500 Posts Photogenic Name Dropper
    wmb194 said:
    granta said:
    Does anyone know if cycling £3330 per month through the Premier current account counts towards meeting the £75k income threshold?

    I currently have the Premier account (met the criteria on the investments/savings threshold) but have just received a "We're reviewing your eligibility" email. I had transferred out my investments a few months ago and they've now noticed.

    Ideally I would like to keep the account for the free Apple TV access.
    Yes, for me it has been. I originally met the criteria via investments as well.

     I’ve received that same mail a couple of times but after moving money through the account my eligibility remained.
    Thanks! I will commence the cycling. I have until December to re-meet the criteria so hopefully this will keep the account going.
  • flaneurs_lobster
    flaneurs_lobster Posts: 7,541 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    granta said:
    wmb194 said:
    granta said:
    Does anyone know if cycling £3330 per month through the Premier current account counts towards meeting the £75k income threshold?

    I currently have the Premier account (met the criteria on the investments/savings threshold) but have just received a "We're reviewing your eligibility" email. I had transferred out my investments a few months ago and they've now noticed.

    Ideally I would like to keep the account for the free Apple TV access.
    Yes, for me it has been. I originally met the criteria via investments as well.

     I’ve received that same mail a couple of times but after moving money through the account my eligibility remained.
    Thanks! I will commence the cycling. I have until December to re-meet the criteria so hopefully this will keep the account going.
    Is that "cycling" literally just a Faster Payment in'n'out from another of your accounts or does it come from an external payee (like proper salary etc would)?

    Fully expecting an email myself since I don't meet the criteria (never have) and want to keep the free telly. 
  • ColdIron
    ColdIron Posts: 10,028 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    I've had Premier since Feb 2023 and I've never come close to the stated requirements since 1976. I rarely leave more than £30 overnight although I do have the RDS (until 30/10/2025 anyway). I have never had investments or mortgages etc at Barclays
    However I do use the current account as a hub for most of my other savings accounts and easily exceed £100,000 in simple faster payments in any one year so I would guess that simply cycling your money would work just fine though your YMMV
  • granta
    granta Posts: 567 Forumite
    Tenth Anniversary 500 Posts Photogenic Name Dropper
    granta said:
    wmb194 said:
    granta said:
    Does anyone know if cycling £3330 per month through the Premier current account counts towards meeting the £75k income threshold?

    I currently have the Premier account (met the criteria on the investments/savings threshold) but have just received a "We're reviewing your eligibility" email. I had transferred out my investments a few months ago and they've now noticed.

    Ideally I would like to keep the account for the free Apple TV access.
    Yes, for me it has been. I originally met the criteria via investments as well.

     I’ve received that same mail a couple of times but after moving money through the account my eligibility remained.
    Thanks! I will commence the cycling. I have until December to re-meet the criteria so hopefully this will keep the account going.
    Is that "cycling" literally just a Faster Payment in'n'out from another of your accounts or does it come from an external payee (like proper salary etc would)?

    Fully expecting an email myself since I don't meet the criteria (never have) and want to keep the free telly. 
    Yes it would have to come from one of my other accounts as a faster payment as my actual salary doesn't meet the threshold.

    Wmb194 - how long do you mean your faster payment sitting before transferring it out?
  • On-the-coast
    On-the-coast Posts: 695 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    I meet the requirements but don’t have my salary or significant savings flowing through Barclays. 
    I “got the email” at the start of the year
    once a month since then I’ve been pushing some money in and out once a month.  Often it’s only there for a few minutes.  Longest a few hours. 
    All seems well. 
  • Theleak250
    Theleak250 Posts: 268 Forumite
    100 Posts Name Dropper Photogenic First Anniversary
    edited 18 October at 12:14PM
    A previous Barclays account had a lot of money going in and out due to a home purchase. The app offered me premier but I did not earn the required amount. I upgraded and I was paying monthly the few months I had it as the money was no longer going in. I switched away in the end. I have a newer blue rewards Barclays account due to the cheap Apple TV, I just put money in every month and pay the £5, cheaper than getting full price Apple TV.
  • wmb194
    wmb194 Posts: 5,339 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    granta said:
    granta said:
    wmb194 said:
    granta said:
    Does anyone know if cycling £3330 per month through the Premier current account counts towards meeting the £75k income threshold?

    I currently have the Premier account (met the criteria on the investments/savings threshold) but have just received a "We're reviewing your eligibility" email. I had transferred out my investments a few months ago and they've now noticed.

    Ideally I would like to keep the account for the free Apple TV access.
    Yes, for me it has been. I originally met the criteria via investments as well.

     I’ve received that same mail a couple of times but after moving money through the account my eligibility remained.
    Thanks! I will commence the cycling. I have until December to re-meet the criteria so hopefully this will keep the account going.
    Is that "cycling" literally just a Faster Payment in'n'out from another of your accounts or does it come from an external payee (like proper salary etc would)?

    Fully expecting an email myself since I don't meet the criteria (never have) and want to keep the free telly. 
    Yes it would have to come from one of my other accounts as a faster payment as my actual salary doesn't meet the threshold.

    Wmb194 - how long do you mean your faster payment sitting before transferring it out?
    About a second. 
  • Shakin_Steve
    Shakin_Steve Posts: 2,819 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    My wife has received several emails offering her an 'upgrade' to premier banking. It's a joint account and, although she meets the conditions, I don't. Can't find anything in the T&C's about how that would work.
    I came into this world with nothing and I've got most of it left.
  • winkowinko
    winkowinko Posts: 228 Forumite
    100 Posts First Anniversary Name Dropper
    I haven't met their threshold requirements for about 10 years, but still have premier banking.

    They contacted me about a year ago to say that I would lose premier status, but then changed their mind for some unknown reason.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.