The products that could give you Loyalty Rewards
Loyalty Reward
Receive a £3.50 reward for each of your first 2 Direct Debit payments, up to £7 each month. You’re eligible for this reward if the Direct Debits are successfully paid from your chosen current account.
Mortgage Loyalty Reward
You can get our £5 monthly Mortgage Reward if you have or take out a residential mortgage with us. You’re only eligible for this reward on one mortgage at any time and it’s not available on our buy-to-let mortgages or staff mortgages taken out before 2003.
Loan Loyalty Reward
Get £1 each month on a Loan Reward if you have or take out a Barclayloan with us. The following loans don’t qualify: Professional Career Development, Resolve, Staff Season Ticket, Staff Career Development and all Staff Loans taken out before September 2013.
You’re only eligible for the Loan Reward:
- For one Barclayloan at any one time
- If your loan repayments are up to date, there are no arrears and we haven’t written off your loan
We might stop paying your Loan Reward if you fall behind with your repayments, there are arrears or we write off your loan.
Home Insurance Loyalty Reward
You'll get our Home Insurance Reward when you take out or renew your personal buildings, contents, combined cover or Finer High-Value Home Insurance with us. You can earn £1 per month for buildings or contents cover, and £3 per month for combined cover or Finer High-Value Home Insurance.
You need to join Barclays Blue Rewards first, or do so within 30 days of your policy start date, to be eligible for this reward. If you've had your policy for longer than 30 days, you won't be eligible until you renew.
It’s not available for any of our Student Possessions, Starter Contents, Home Emergency, Legal Services, Gadget, Bike, Sports Equipment, Personal Items and Student Contents cover.
Your rights under your insurance policy won't be affected by being a Barclays Blue Rewards customer.
You’re only eligible for the Home Insurance Loyalty Reward on one policy at any one time.
When and how you’ll receive your rewards
Rewards for Barclays products
We’ll add your Direct Debit Loyalty Reward, Mortgage Reward, Loan Reward and Home Insurance Reward into your Rewards Wallet on the second working day of each month. Payments will start on the second working day of the calendar month that follows:
- Joining Barclays Blue Rewards if you have an existing mortgage or existing loan
- Completion of your new mortgage
- Opening of your new loan
- The starting date of your insurance policy
As long as you have Barclays Blue Rewards:
- Your Mortgage Loyalty Reward will be paid every month for as long as you have the mortgage
- Your Loan Loyalty Reward will be paid every month for as long as you have a loan unless we stop paying your Loan Loyalty Reward because your loan repayments are not up-to-date, you are in arrears or we write off your loan
- Your Home Insurance Loyalty Reward will be paid every month for as long as you hold the policy
When you renew your policy, top up your loan, switch rates, borrow more, move house or remortgage from another lender, please check to see what Loyalty Reward you’ll be eligible for with your new mortgage, loan or home insurance policy.
We might revise your Direct Debit Loyalty Reward, Mortgage Reward or Loan Reward in the future to make sure that the reward remains competitive and reflects changes to our costs over the term of your mortgage, loan or account. We might also add or remove any Product Rewards. We’ll give you 2 months’ notice before making any change and if you don’t agree with the changes, you can cancel your Barclays Blue Rewards, without charge, in Online Banking or our mobile-banking app.
If you leave Barclays Blue Rewards and re-join later, you'll need to renew or take out new home insurance products from us to qualify for the Home Insurance Loyalty Reward.
Joint products
Where a mortgage or loan is in joint names:
- If you’re both members or both become members of Barclays Blue Rewards, the reward will be split 50:50 between you (if there are more than 2 of you, it will be split between the 2 people who have held their current account with us for the longest period of time)
- If one of you leaves Barclays Blue Rewards then 100% of the reward will be paid to the remaining policy holder from that point onwards
- If only one of you is a member of Barclays Blue Rewards, that person will get 100% of the reward
Where Direct Debits are paid from a joint nominated account
Any Direct Debits paid from a joint nominated account will be eligible for the Direct Debit Loyalty Reward. The customer who has nominated that account for Barclays Blue Rewards will get 100% of the reward.
Where the home insurance policy is in joint names:
- If you’re both members of Barclays Blue Rewards at the point of application, the reward will be split 50:50 between you (if there are more than 2 of you, it will be split between the two people who have held their current account with us for the longest period of time)
- If one of you leaves Barclays Blue Rewards then 100% of the reward will be paid to the remaining policy holder from that point onwards
- If only one of you is a member of Barclays Blue Rewards at the point of application, that person will get 100% of the reward
Extra cashback from retailers
Whenever you are paid cashback from our cashback retailers, you’ll earn an additional 1% enhanced cashback on top of the standard rate of cashback. If you leave Barclays Blue Rewards, you’ll only get the standard cashback. Details of the level of cashback and the payment terms for each retailer are available on their pages.
We’ll pay your cashback into your Rewards Wallet as 2 separate transactions. One will be for the standard cashback and the other will be for the additional 1% enhanced cashback for being a part of Barclays Blue Rewards.
The extra 1% will be paid on the second working day of the calendar month that follows the standard cashback payment.
Non Advised Life Insurance Terms and Conditions April 2017-September 2017: Barclays Blue Rewards
- Receive a reward if you apply for Non Advised Life Insurance (the "Policy") in branch or Online between 1st April 2017 and 30th September 2017 and subsequently take out such policy within the period specified in the application or 90 days from date of application (whichever is later).
- To be eligible for this reward you must be registered as a Blue Rewards member at the end of the month in which the first insurance premium is due under the Policy and continue to be a Blue Rewards member on the dates that reward payments are made.
- The reward payments will commence following receipt of the first monthly direct debit after the start date of the Policy.
- Reward payments will continue for either (i) 12 months from the date of the Policy commences (maximum 12 reward payments); or (ii) a you cease to be a Blue Rewards member, whichever is sooner, and after which point reward payments will end.
- On payment of the first insurance premium under the Policy a check will be made to see whether you have registered as a Blue Rewards member:
- If you are a Blue Rewards member you will receive your first reward payment of £2 in your Barclays Blue Rewards Wallet within 30 days after your first direct debit payment under the Policy (usually on the second working day of the following month). Subsequent monthly reward payments will be paid in the same way.
- Customers who are not registered as Blue Rewards members at the end of the month in which the first insurance premium is due under the Policy will not be eligible for the reward. Your Policy will not be affected.
- If your Policy is cancelled within the first 12 months then your rewards will be paid until the effective date of cancellation, after which point the reward payments will cease.
- The offer is limited to one reward per Blue Rewards member.
- Barclays reserves the right to vary and/or withdraw this offer without notice.
- Barclays will cancel any rewards should they discover or have a reasonable suspicion that the terms of the offer are being abused.
Mortgage Protection Reward Terms and Conditions April 2017-September 2017: Barclays Blue Rewards
- Receive a reward if you apply for Mortgage Related Life Insurance ( the “Policy”) with or without Critical Illness Cover between 1st April 2017 and 30th September 2017 and subsequently take out such Policy within the period specified in the application or 90 days from date of application (whichever is later)
- To be eligible for this reward you must be registered as a Blue Rewards member at the end of the month in which the first insurance premium is due under the Policy and continue to be a Blue Rewards member on the dates that reward payments are made
- The reward payments will commence following receipt of the first monthly direct debit after the start date of the Policy
- Reward payments will continue for either (i) 12 months from the date of the Policy commences (maximum 12 reward payments); or (ii) a you cease to be a Blue Rewards member, whichever is sooner, and after which point reward payments will end.
- On payment of your first insurance premium under the Policy a check will be made to confirm that you are registered as a Blue Rewards member
- If you are a Blue Rewards member you will receive your first reward payment of £5 in your Barclays Blue Rewards Wallet within 30 days of your first direct debit payment under the Policy (usually on the second working day of the following month). Subsequent monthly reward payments will be paid in the same way
- Customers who are not registered as a Blue Rewards member customer at the end of the month in which the first insurance premium is due under the Policy will not be eligible for the reward. Your Policy will not be affected.
- If your Policy is cancelled within the first 12 months then your monthly rewards will be paid until the effective date of cancellation, after which point the reward payments will cease
- Where a policy is in joint names:
- If you’re both Blue Rewards members or both become Blue Rewards members, the monthly reward will be split 50:50 between you (if there are more than 2 of you, it will be split between the two people who have held their current account with us for the longest period of time)
- Where only one party to the Policy is a Blue Rewards member, the reward will be paid that party in full
- The offer is limited to one reward per Blue Rewards member
- Barclays reserves the right to vary and/or withdraw this offer without notice
- Barclays will cancel any rewards should they discover or have a reasonable suspicion that the terms of the offer are being abused
