Avios & Barclays Current Account

Old Oct 22, 19, 11:19 am
  #1  
Original Poster
 
Join Date: Feb 2018
Programs: BAEC Silver, IHG Platinum Elite
Posts: 684
Avios & Barclays Current Account

Just got emailed the following, anyone else?

As a valued Member of the Executive Club, we’d like you to be the first to know about a new partnership and special offer we’re launching with Barclays Premier Banking.

You’ll receive 25,000 bonus Avios when you open a Barclays UK Premier Current Account and switch your banking to Barclays before 19 November 2019 (Barclays Terms and Conditions apply). That’s enough for a return trip for two to Europe*. You could be exploring the canals of Amsterdam, enjoying an Italian sunset or skiing down the slopes of Switzerland this year.

In addition, once your account is opened, if you turn on Barclays Blue Rewards before 30 November 2019 and pay a £4 monthly membership fee, you will receive triple rewards for a year - worth up to £252.

Last edited by Akoz; Oct 22, 19 at 1:43 pm
Akoz is offline  
Old Oct 22, 19, 11:55 am
  #2  
 
Join Date: Nov 2013
Location: Glasgow
Programs: BAEC (Bronze), IHG (Plat)
Posts: 398
Yep, me too.
I've been with my current bank since I was a boy of eight (c. 40 years ago !), but am slightly tempted, as my Avios balance has taken a hammering of 700,000 spend in the last few years !
chris1922Mk2 is offline  
Old Oct 22, 19, 1:06 pm
  #3  
 
Join Date: Jan 2007
Location: Canary Wharf, London
Programs: MyWaitrose, IC Spire Ambassador, Hilton Diamond & BAEC Gold
Posts: 2,467
£252 not £2522
chistery is offline  
Old Oct 22, 19, 1:16 pm
  #4  
Original Poster
 
Join Date: Feb 2018
Programs: BAEC Silver, IHG Platinum Elite
Posts: 684
Originally Posted by chistery View Post
£252 not £2522
Sorry, amended
Akoz is offline  
Old Oct 22, 19, 1:23 pm
  #5  
 
Join Date: Oct 2019
Programs: BAEC Gold, OWE
Posts: 137
I guess us mere silvers aren't valued then
drwook is offline  
Old Oct 22, 19, 1:23 pm
  #6  
 
Join Date: Aug 2014
Location: London
Programs: BA GGLfL, WoH Lifetime Globalist, HH Diamond, SPG Gold
Posts: 503
[QUOTE=Akoz;31655373]

...switch your banking to Barclays before 19 November 20191 (Barclays Terms and Conditions apply)...

[/QUOTE]

That’s a long time to wait!

Doc Copper
IAMORGAN likes this.
DoctorCopper is offline  
Old Oct 22, 19, 1:44 pm
  #7  
Original Poster
 
Join Date: Feb 2018
Programs: BAEC Silver, IHG Platinum Elite
Posts: 684
[QUOTE=DoctorCopper;31655842]
Originally Posted by Akoz View Post

...switch your banking to Barclays before 19 November 20191 (Barclays Terms and Conditions apply)...

[/QUOTE]

That’s a long time to wait!

Doc Copper
Doh. Edited again. Cut and paste fail.
Akoz is offline  
Old Oct 22, 19, 1:51 pm
  #8  
 
Join Date: Aug 2014
Location: London
Programs: BA GGLfL, WoH Lifetime Globalist, HH Diamond, SPG Gold
Posts: 503
It happens!

Doc Copper
DoctorCopper is offline  
Old Oct 22, 19, 2:09 pm
  #9  
 
Join Date: Jul 2018
Location: Mexico
Programs: BAEC Gold
Posts: 1,255
I'm tempted, but being tax domiciled in Mexico, I'm not sure my gold status will be enough to convince them I'm worthy of a premier account.
TTmex is offline  
Old Oct 22, 19, 2:13 pm
  #10  
 
Join Date: Jul 2018
Location: Mexico
Programs: BAEC Gold
Posts: 1,255
Plus there is this eligibility....
To join Premier Banking, you need…



An annual gross income of £75,000 or more paid into a Barclays current account

or

£100,000 or more saved or invested with us.


Just moving the latter overseas would probably cost about the same as buying the avios outright
TTmex is offline  
Old Oct 22, 19, 2:39 pm
  #11  
 
Join Date: May 2007
Programs: BA Blue, EI Silver, Honours Gold, Marriott Gold
Posts: 911
It looks like it’s a welcome bonus, but no ongoing rewards?
BrianDromey is online now  
Old Oct 22, 19, 3:13 pm
  #12  
 
Join Date: Jul 2005
Location: London
Programs: Lowly blue, sometimes Bronze
Posts: 323
Barclays premier is diabolical.

I used to have the most amazing manager. They wanted me to go to private banking. I declined.

He left. Since then it had been terrible. There is nothing personal or premier about it sadly. Handelsbanken are reported you be decent.
bermudasun likes this.
jeremyBA is offline  
Old Oct 22, 19, 3:19 pm
  #13  
 
Join Date: Aug 2008
Posts: 3,129
It has been terrible since they dropped Patisserie Valerie as a partner. I enjoyed the free cup of coffee, and sometimes a cake or mince pie, on my journey home.
bakera likes this.
Greenpen is offline  
Old Oct 23, 19, 10:54 am
  #14  
 
Join Date: Oct 2018
Location: UK
Programs: BA silver, Hilton Gold
Posts: 242
So apart from the non-premier service this looks like it *could* be quite interesting from a points and £££ point of view. Basically you get nearly £500 for switching (half in Avios, half in real currency).

The numbers -- I pay my >£75k salary in and set up two direct debits (to utility companies, for example) under the "Blue rewards", I get 25.000 avios and £252 (£3.50 for each DD times; £7, tripled for 12 months). That costs me £48 in fees - net gain approx £250 in avios plus £200 in real cash.

In month 13, I'll switch my current account to another bank and maybe earn another £100-150 in incentives to do that - such is the chase for new retail customers in finance. It almost seems too good to be true.

I won't actually do it because my current bank's app is SO much better than Barclays' app (Mrs ST has that) that even a £40 per month net benefit to me isn't worth the hassle.

PS I am already being tracked by the offer as ads are appearing for Barclays
SavvyTravel is offline  
Old Oct 23, 19, 2:02 pm
  #15  
 
Join Date: Jan 2003
Location: UK (currently)
Programs: BA Gold (and many other greater and lesser distinctions)
Posts: 6,457
Although I have income well over £75k, I don't receive a "salary" but am freelance self-employed and receive irregular payments from clients, Does anyone happen to know off-hand if that would suffice, or does it have to be identifiably a salary paid by a single organisation ? I can check with Barclays, but thought someone on here may have been through the issue.
Frequentflyer99 is offline  

Thread Tools
Search this Thread
Search Engine: