- Smart With Points
- Posts
- π¦ Barclays Premier: Double-Dip Avios Bonanza for Savvy Switchers!
π¦ Barclays Premier: Double-Dip Avios Bonanza for Savvy Switchers!
50,000 Avios PLUS Β£175 in your first year! π€―
Hey travel enthusiasts and points collectors! π Ready for a banking upgrade that'll send your Avios balance soaring AND put cash in your pocket? Let's dive into the Barclays Premier offer that's got everyone talking!
The Double-Dip Extravaganza πβοΈπ°
Here's the kicker: You can double-dip on this offer to essentially get two welcome bonuses! That means:
π 25,000 Avios joining bonus (after 4 months of membership)
πΈ Β£175 switch bonus
βοΈ 1,500 Avios every month (that's 18,000 per year!)
π Annual anniversary reward: Choose 7,000 Avios or a cabin upgrade voucher
π« Airport Lounge Membership (discounted access with Dragonpass)
Breaking It Down: Your Avios and Cash Treasure Trove
Let's do some quick math for your first year:
25,000 Avios joining bonus
18,000 Avios from monthly rewards (1,500 x 12)
7,000 Avios anniversary reward (or upgrade voucher)
Β£175 cash bonus
That's a whopping 50,000 Avios PLUS Β£175 in your first year! π€―
Real-World Example: Making This Offer Work for You πΌ
Here's how one savvy switcher maximised this offer:
"The 25,000 bonus Avios posted on the same day as my 5th monthly 1,500 Avios from the rewards subscription. The Β£175 pays for 14+ months of the 1,500 Avios for Β£12 sub, so that's effectively 46k of free Avios. Then the only cost is the on-going obligation to buy 1,500 more per month at 0.8p each, which I'm more than OK doing. Plus there's an extra 7,000 free annually too, if you don't fancy the 'upgrade' voucherβ¦"
The Cherry on Top: Barclaycard Avios Plus Hack π
Already have a Barclaycard Avios Plus? You're in for a treat:
Get Β£5 off the Β£12 monthly Avios Rewards fee
That's right, you'll only pay Β£7/month for all these perks!
Over a year, you'll save Β£60 while still raking in those Avios
How to Get In On This Deal π΅οΈββοΈ
Open a Barclays Premier Current Account by August 30, 2024.
Switch an existing current account with two active Direct Debits to your new Barclays Premier Current account
Pay in at least Β£800 by August 30, 2024.
Stay a member for at least 4 months to get your 25,000 Avios bonus!
The Direct Debit Dilemma Solved! π‘
The hardest part about this switch is finding a current account to use with two active Direct Debits. Most companies take 10+ working days to set these up. However, not to fear, we have found a faster solution.
First, if you need a new current account, open a current account with Monzo or Starling. Itβs all app based and is very easy, with the account activated in just a couple of hours. Once you have your account number and sort code, you can begin setting up the Direct Debits.
For this, we recommend using switchdirectdebits.co.uk:
Sets up a Β£1 annual Direct Debit in just 3 working days
Can be used multiple times (perfect for serial switchers!)
Easy peasy lemon squeezy π
The "Too Good to Be True" Part π€
The eligibility criteria might seem steep, but here's the secret sauce:
You need a gross annual income of Β£75,000 OR
Total savings/investments of Β£100,000 with Barclays
BUT... They only check this at the end of 12 months! π€« That's plenty of time to boost your savings or income!
More Ways to Boost Your Avios π
700 monthly Avios for having a Barclays mortgage
150-500 monthly Avios for life insurance (depending on the type)
200 monthly Avios for each Barclayloan (min Β£5,000)
Extra Avios through Barclaycard spending
Premier Perks That'll Make You Feel Like Royalty π
Exclusive black debit card (hello, flexing at the checkout!)
Interest-free arranged overdraft up to Β£500
Higher payment and withdrawal limits
24/7 UK-based Premier support
Access to premier-exclusive savings rates
My Two Cents π
This double-dip deal is incredible for anyone looking to supercharge their Avios balance AND pocket some cash. Even if you don't quite hit the income/savings criteria now, you've got a whole year to work towards it. And in the meantime? You're swimming in Avios, cash, perks, and travel possibilities!
Remember, in the world of banking and travel rewards, the early bird gets the... first-class upgrade and the complimentary champagne? Make sure you jump on this offer before the 30th of August, 2024. Happy switching and happy travels! ππΌπ
Reply