what is barclays blue rewards

Barclays Blue Rewards is an add-on that can be selected to include on a Barclays current account. It costs £5 a month, and in return, customers receive a monthly reward, plus money back if they have or open other products with the bank. Additionally, customers have access to the Blue Rewards Saver and Rainy Day Saver accounts, which pay higher rates of interest compared to other Barclays’ savings accounts. To join Barclays Blue Rewards, eligibility, conditions, and a £5 monthly fee apply. Customers can earn up to 15% cashback on spending and up to 5% interest on their savings. However, there are some limitations to the scheme. For example, customers will need to meet the eligibility criteria, and cash rewards are not paid directly into their bank account. The main benefits of Barclays Blue Rewards are the cash offers, both for holding the account and for opening other products with the bank. Keen savers will also be able to access more competitive savings accounts. Overall, if a customer is a loyal Barclays customer, then opting to add Barclays Blue Rewards to their current account will enable them to earn a little extra cash each month.