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Barclaycard 'to launch new reward scheme'

Barclaycard is to launch a new scheme to allow over eight million credit card holders to earn reward points.

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25 January 2010

Barclaycard 'to launch new reward scheme'

Barclaycard is to launch a new scheme to allow over eight million credit card holders to earn reward points.

Called Barclaycard Freedom, the loyalty scheme will allow cardholders to earn rewards at an unprecedented number of shops restaurants and online outlets.

It will be open to a large number of small and medium retailers for the first time.

The scheme promises to be easy to benefit from, as cardholders will not have to do or pay anything to join, nor will they have to replace their existing card.

Reward points will automatically be issued to those who use their Barclaycard at particular retailers, amounting to 1% on most transactions.

Cardholders can choose to redeem their reward money whenever they choose.

Sarah Newman, managing director of Barclaycard Freedom, said: "The breadth of Barclaycard Freedom offers customers the chance to earn Reward Money when they do their weekly shop, go out for a meal or shop online."

Barclaycard offers many credit cards including the platinum gold and Goldfish cards.

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