The offer, reported by multiple media outlets, applies to fuel purchases between £5 and £200 made with an eligible personal Barclays debit card. Eligible cards include those linked to a Barclays basic current account, Barclays Bank account, Premier current account, Student Additions/Higher Education account, or Wealth current account, according to Barclays. Customers must be aged 18 or over and be a UK resident. The date of purchase determines eligibility, not when cashback is received.
Cashback is typically paid one to two working days after the fuel transaction leaves the account, into the account used to pay. The credit will appear as 'Barclays Fuel CB' on the statement.
Through our partnership with Tesco, we’re able to offer savings on fuel at a time when costs are rising, helping customers make their money go that bit further. This sits nicely alongside our £200 switcher offer for new customers wanting to open a Barclays current account.
The launch coincides with the early May bank holiday getaway, a period when many motorists travel. The conflict in the Middle East has prompted a surge in fuel prices, making the offer timely. Barclays' consumer spend report indicates that 67% of UK adults are confident in household finances and 71% can live within their means, but fuel spending is leading an increase in essential spending, the bank said.
The new offer sits alongside Barclays’ £200 switching deal for new customers opening a Barclays current account before May 28. Vim Maru, Chief Executive of Barclays UK, said: "Through our partnership with Tesco, we’re able to offer savings on fuel at a time when costs are rising, helping customers make their money go that bit further. This sits nicely alongside our £200 switcher offer for new customers wanting to open a Barclays current account." Ashwin Prasad, Tesco UK Chief Executive, added: "Thanks to our partnership with Barclays, Tesco shoppers across the country will now be able to get cashback when they fill up their tank at Tesco using their Barclays debit card."
Thanks to our partnership with Barclays, Tesco shoppers across the country will now be able to get cashback when they fill up their tank at Tesco using their Barclays debit card.
Barclays regularly provides cashback offers for Blue Rewards, Premier, and eligible Barclaycard customers. Once registered for cashback rewards, customers can get cashback at supermarkets alongside personalised offers. Full details of the cashback offer are on Barclays website; exclusions apply, for example, Esso filling stations are not included. It is not clear whether existing Barclays customers need to register specifically for this fuel offer, or if it is automatically applied to those already enrolled in cashback rewards. The full terms of the £200 switching deal and how this compares to other fuel discount programs also remain undisclosed.