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4k free Nectar points from Barclaycard!

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4k free Nectar points from Barclaycard!

edited 30 November -1 at 1:00AM in Credit Cards
75 replies 50.4K views
mekondeltamekondelta Forumite
55 posts
edited 30 November -1 at 1:00AM in Credit Cards
I threatened to leave Barclaycard today (called the number on the back of the card) and was put through to customer retention. He asked me why I wanted to leave (no Netcar points, no benefits etc) and he offered me 4000 Nectar points to stay! Needless to say I took it and will cancel next month.

Insert By Martin

A number of people have tried and this technique and had it work. A couple of quick extra points.

1. A Nectar point's average value is 0.54p so 4000 points is worth just a little over £20
2. If you have debts then if you can avoid actually cancelling the Barclaycard. Threatening to is fine. Barclaycard has an interesting characteristic - it offers most existing customers a balance transfer offer at 6.9% life of balance - in other words, shift debt to it and that debt is 6.9% until its repaid in full. This ready access to reasonably cheap credit is worth having. For more details see Barclaycard Loophole article and The Credit Card Shuffle
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