Barclays extends the 2.22% rebate until August 2016 even though I applied before September 2014

Introduction

Some of you may remember the bad news from July about the Barclays Arrival card changes whereby the card will only give a 5% rebate on redemptions instead of 10%.  Here’s DoC’s recap of it and a quote:

When these changes go into effect depend on when you applied for the card. Here are the rules:

  • If you applied for the card before September 30th, 2014 then they will go into effect on November 1st, 2015
  • If you applied for the card on or after October 1st, 2014 then they will go into effect on August 1st, 2016

Well, my wife had actually applied for the card in May 2014 and they sent her this letter yesterday, which basically says she’ll keep her 10% rebate on redemptions until August 16, 2016.  Go figure.  Glad I paid for the 2nd year’s annual fee then.

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9 comments on “Barclays extends the 2.22% rebate until August 2016 even though I applied before September 2014

  1. I got a similar letter with the Aug 2016 date, but I first got the card in Nov 2013. Should I just pay the AF in Nov? It’s well-conditioned for my use.

    1. David, I made the rationale to keep it because the extra 0.22% was worth it for me and also I had 5 AU’s out for it already. Plus, it’s prorated, so cancel it after August 2016 and keep 3 months worth of AF. Just make sure you work the math to make sure the extra 0.22% is worth the AF for you.

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