Barclaycard Freedom Scheme Customers To Receive Boost From npower
Released
on: March 11, 2010, 4:45 am
Author:
Barclaycard
Industry:
Financial
Barclaycard Freedom customers are being provided with the
chance to boost their accounts by up to £160 of Reward Money in a year,
thanks to npower's new reward offer launch.
The reward, the first in the scheme to be paid regardless of the amount the customer
spends on their card, is recorded in £s not points, and can be spent by customers
immediately with tens of thousands of participating retailers across the UK.
Barclaycard Freedom, which launches in March, offers the concept of a rewards
programme to many small
and medium retailers for the first time. In addition to encompassing household
names, including npower, over 30,000 retail outlets have been invited to be part of
the scheme at launch. On average there will be 200 retailers within a five mile
radius of where a Barclaycard cardholder lives and many more retailers are expected
to join in the coming months.
Celebrating the partnership, npower is also doubling its sign-up incentive to £60*
of Reward Money for Barclaycard Freedom customers transferring their gas
and electricity to npower before May 17th 2010. Along with the £100 annual loyalty
payment for both new and existing npower customers paying by monthly direct debit
for both fuels, Barclaycard Freedom holders could earn enough in a year to buy a
meal out for the entire family, special treat for someone or have a shopping spree
online, simply by choosing npower as their gas and electricity supplier.
Giuseppe Di Vita, Managing Director of npower Retail Markets, commented: "Our
customers have told us that they would like more freedom of choice in the way that
they are rewarded for joining and staying with npower. Participating in the
Barclaycard Freedom scheme
enables us to give our customers the choice of up to 30,000 retailers to redeem
their Reward Money. Our customers will benefit from a straightforward, simple and
transparent way to get more value for their money."
Sarah Newman, Managing Director of Barclaycard Freedom, commented: "Barclaycard
Freedom incorporates all of the best elements of a rewards scheme with no vouchers
or coupons to collect and no points to calculate - the rewards are quite simply in
pounds and pence. Offers like npower’s - the first of its kind in the Barclaycard
Freedom scheme - give customers a new way that they can build up their reward
balance. We hope that customers enjoy spending their Reward Money."
Notes to editors:
* Standard incentive offer for Barclaycard Freedom customers signing up to npower
for both electricity and gas is £30 (£15 per fuel). Offer has been doubled to £60
(£30 per fuel) for a limited period from 17 March - 17 May 2010.
-Ends-
About Barclaycard
Barclaycard, part of Barclays Global Retail Banking division, is a leading global
payment business which helps consumers, retailers and businesses to make and accept
payments flexibly, and to access short-term credit when needed.
The company is one of the pioneers of new forms of payments and is at the forefront
of developing viable contactless and mobile payment schemes for today and cutting
edge forms of payment for the future. It also issues charge and credit cards to corporate
customers and the UK Government. Barclaycard partners with a wide range of
organisations across the globe to offer their customers or members payment options
and credit.
In addition to the UK, Barclaycard operates in the United States, Europe, Africa and
the Middle and Far East.
Key facts published in February 2010;
number of UK customers: 10.4m
number of international customers: 10.8m
number of retailer/merchant relationships: 87,000
About npower
npower has 6.6 million residential gas and electricity accounts throughout the UK.
npower is a market leader in renewable energy. npower juice matches green energy
primarily from off-shore wind farms for juice customers at no extra cost. Join the
energy industry discussion on npower's interactive debating website the brighter
energy debate where you can post your questions, views and comments
For further media information, please contact:
Andrew Bond
Barclaycard Press Office
Barclaycard
1234 Pavilion Drive
Northampton
NN4 7SG
01604 251229
www.barclaycard.co.uk
2012
