Barclays "Double Cash Rewards" Switch

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Sarah
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Barclays "Double Cash Rewards" Switch

Postby Sarah » Sun May 20, 2018 7:09 pm

There's surely something worthwhile here... too bad they make it so complicated... looks like £14/month in rewards for 2 direct debits, less £3.50/month in account fees... first year only...

Barclays Bank Account

Enjoy double cash rewards for a year – up to £384*

If you’ve got a current account with another bank, switch it to us by 29 June 2018 and you can pocket double Barclays Blue Rewards for a year1 – that’s double cash rewards and enhanced cashback from top brands.


https://www.barclays.co.uk/current-acco ... k-account/

Current account reward

Up to £7 a month

We’ll give you £3.50 for each of your first two Direct Debits every month.

Switch your everyday banking to us using the CASS by 29 June 2018, and you’ll get double cash rewards – that’s up to £14 a month in Direct Debit rewards for a whole year. T&Cs apply.

Sarah
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Re: Barclays "Double Cash Rewards" Switch

Postby Sarah » Sat Jun 16, 2018 3:39 am

Sarah wrote:£3.50/month in account fees


Correction - the account fee is £3.00/month. I opened one of these accounts a few days ago and initiated the switch; with 2 direct debits the offer is worth £132.00 in the first year (i.e. profit £11.00/month).

planteria
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Re: Barclays "Double Cash Rewards" Switch

Postby planteria » Mon Jun 18, 2018 9:49 am

£11/m is handy Sarah. i would look at rolling that into a small investment plan, with a little pot building up foc.


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