The bank is set to shake up a popular rewards scheme.
The bank is changing its Blue Rewards scheme Money Saving Expert, the financial advice service run by Martin Lewis, has issued a warning to UK customers of Barclays, urging many to switch accounts ahead of upcoming changes. The bank is set to overhaul its popular Blue Rewards scheme in September, meaning over 100,000 Brits could lose access to a range of benefits.
Customers will lose access to cash rewards come September 4 Between when this begins on June 18 and the cash rewards end date in September, it’s a double bonus. After this date, though, it effectively means you’re paying £5 per month for Apple TV+ and MLS. Given these services are worth £8.99 and £14.99 a month respectively, MSE claims it ‘may be worth it for some’, but adds ‘most others will likely be better off’ leaving Blue Rewards.
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