Barclays Bank-- the Shark of the Banking Industry

Barclays Bank PLC is the name of a shark in the banking industry worldwide. With over 4,750 branches in about 50 countries, this bank is doing a lot of business. One of the principal divisions of the bank is Barclaycard. Being first introduced in 1966, this card was literally the stepping stone of modern day credit cards.
 

The idea of keeping a card instead of cash initially rose to a bewildering popularity in the 1900s. These cards gave a getaway to keeping hard cash in your pocket all the time and thus making yourself prone to being mugged in a dark alley. With bonus points on usage and other attractive offers, both nationally and internationally, credit cards made to the top of people’s preference list in no time. But is the scenario all the same at present? This is probably the exact time demanding question to all of us.

After 50 years from introduction, a credit card is now a name of fear and confusion. All the banks today have more inclination to sell a card rather than providing client support. A banking giant like Barclays one of the worst offenders, often charging horrendous interest rates that are not disclosed in advance. 

For years, people who with Barclaycard are complaining constantly about the lack of customer support they are getting. It does not take much research to find hundreds of complaints.  Complaints about Barclays Bank’s lack of customer service. Complaints about Barclays Bank’s lack of caring about their customers. And complaints about how Barclays Bank has ripped people off.  

In fact, quite a few executives and Barclays Bank employees have been put in prison for illegal activities.  Barclays Bank should be shut down. 

Thousands of their clients are complaining that the rates of charges are not fixed at all. Barclays Bank is just charging whatever rates they like.  Barclays also has the same practice with late fees. But that is not all. When clients are offered a check to pay off their credit cards and they pay off, still they watch in wonder that they owe the bank almost the same amount of money. Pretty ‘Ghostly’, right? After contacting their support number answers came in that the clients must use their cards for purchase. What in the world is that! This is my card and I get to decide what I do with it. If only you could do that!

The situation doesn’t stop there also. The bonus points that the advertisements said clients would get, one client complained clearly that he was deprived of the opportunity. He redeemed $1110 in bonus from travel related purchase but the bank just shut down his account instead of giving him the facility. When the client contacted the authority, they could not present a credible reason for this shut down. Just some vague statements having no clear meaning at all.

Barclays Bank representatives Speak rudely with their customers, failing to communicate correctly, break the promises they made before selling their credit cards and having mysterious costs and charges. 

Barclays Barclaycard product is probably the worst financial tool in the market right now. They don’t care about their customers. What they only care is earning money from it.

Don’t bank with Barclays.  If you have a Barclayscard Cancel it.  This bank is ripping people off every day.