Barclays Bank Logo Contest! Use your creativity to win!

Barclays Bank Logo Contest!  Use your creativity to re-do the Barclays logo and possibly with this contest. The winner will receive a prize and cash!

I want to be clear from the start that this contest is not sanctioned by Barclays Bank.  In fact, it is an ant-Barclays promotion.  You see, Barclays has been ripping people off for far too long. This contest is to get a new Barclays Bank logo created to be able to use in anti-Barclays propaganda put online. 

We are looking for something innovative, funny, and of course negative about Barclays Bank. 

If you need any ideas please do some quick internet searches for #BarclaysSucks #BarclaysTimeShareScam or #BarclaysClassAction.  There are plenty of horrible stories out there about Barclays Bank and the criminals who have worked there over the years.

In any event, this contest is 100% biased toward generating more awareness of the horrible atrocities committed by Barclays Bank and its executives.  The bank is run by Thugs and it appears that the bank actively promotes criminal activity, based on the many articles about executives going to prison for fraud and other crimes.

So here are the rules of the contest:

1      Points will be given for humor

2      Points will be given for social media exposure

3      Points will be given for uniqueness

This context will be judged by @Barclays_Sucks and the winner will be announced as follows:

To submit your entry post your suggested logo anywhere online tag it with #BarclaysSucks #BarclaysTimeShareScam and post a link below. 

At the end of the contest the winner will be given a congratulatory certificate and $100.00.

If you have ideas for how to make this contest better please let us know.  We are mainly just interested in getting an awesome new anti-Barclays Bank logo and generating some awareness of the horrible services Barclays Bank is known for providing. Use your creativity to lead the charge.

If you would like a new contest please submit ideas and we will consider options.

Lots of reasons to bank ANYWHERE but Barclays Bank-- There is a looooong list!

Tips for Using Credit Cards

Here are a few tips to using credit cards.  These are expert advice, well researched and proven to give you better banking experiences.

1)    Do not use a Barclays Credit Card.

2)    Sign up for any bank besides Barclays Bank.  Because Barclays Bank sucks!

3)    Pay your monthly balance in full: Because credit cards feature high interest rates, it is important that you repay your monthly balance in full. Any remaining balance left on your account after the payment due date starts attracting costly amounts of interest.  This is particularly true if you were dumb enough to sign up for a Barclays Credit Card.  No one should have to go through that horrible experience.

4)    Always pay on time: It is also important that you make payments on time, since missed payments damage your credit score and attract penalty charges. One way of making sure you don’t miss payments is by setting up a direct debit to repay the minimum payment due. Covering the minimum monthly payment keeps your account in good order, but as mentioned before, you should always aim to repay your balance in full.

5)    Switch everyday expenses to your credit card: Using your card frequently helps rebuild your credit. A possible way to do this is to switch everyday expenses such as groceries and bill payments to your card. This doesn’t mean you should overspend – only make payments that you would normally make and can afford, budgeting to ensure you can meet monthly repayments.

6)    Avoid cash advances: These cards generally feature very high interest rates on cash advances, often as much as 39%, and unlike purchase rates this interest is applied from the day the transaction is made. For this reason, always avoid making cash advance transactions such as ATM and bank branch withdrawals. Barclays Bank is known to hide fees and to stonewall you if you try to call and get questions answered.  The best solution is to simply bank somewhere else.

7)     

Common Features of Credit Cards

1)    Standard purchase rate: This is the interest rate applied to credit card purchases that remain unpaid after the due date on your monthly bill. The rate is calculated and expressed as an annual percentage rate (APR), and is significantly high on credit builder credit cards because of the perceived higher risk.  Don’t get a Barclays Credit Card because they charge the highest fees and interest rates out there.  In a lot of countries their interest rates would be illegal.

2)    Credit limit: This is the maximum amount of credit the lender allows you to take on your credit card, and is generally set relatively low on credit builder cards. While you are permitted to spend up to the credit limit, you should aim to keep your balance, and therefore the cost of using your credit card, to a minimum. Make sure not to go over your credit limit, particularly if you are with Barclays Bank.  They are known to charge huge fees and ruin your credit if you do.

3)    Late payment fees: If you miss a monthly minimum payment you are charged a late payment penalty fee. Late payments also damage your credit rating. Barclays Bank charges the highest late fees of all of the banks we researched to put this amazing article together. Your best bet is to CLOSE YOUR BARCLAYS ACCOUNTS today before they rip you off!

4)    Cash advance rate: This is the rate of interest that is applied to cash-related transactions, and tends to be very high on credit builder cards – even higher than with standard credit card offers.

5)    Cash advance interest rate: This is a fee applied when cash advances are made, and is typically 3% of the total value of the transaction.

Many Barclays Bank customers fear they have been ripped off because they get a Barclays Bank Credit Card in the mail and they never signed up for one.  When they ask the bank for information on how they got the credit card Barclays Bank sends out documentation in a different language than the Customer speaks.  What a scam! Customers often underestimate their level of proficiency and lack of information about the specific requirements for a Barclays Bank credit card and as a result they get the gift of ruined credit and debt collectors calling and harassing them. The result is that eligible immigrants feel they have been ripped off by  Barclays Bank.  The easiest solution is to not bank with Barclays Bank because they rip people off.

Please post comments and your stories below.  It is time to expose the SCAM that Barclays Bank is running.

It’s All Fast and Loose with Barclays Bank after Half a Decade of Financial Misconduct

Want to launder your drug money? No need to get an offshore account, Barclays Bank will gladly handle your dirty cash. Since 2009, the bank has paid in excess of £500 million due to financial inappropriateness on the part of the bank.

One of the types of financial misconduct the bank is entangled in reads like a scene from a mafia movie. To start with, highly suspicious individuals, aptly labeled as Politically Exposed Persons (PEPs), approached Barclays bank with a boatload of money somewhere in the neighborhood of £1.9 billion. The bank knew that the individuals were PEPs, which is a fancy acronym for potential terrorists, and even documented them as such in their records.

Here’s the really suspicious part.

Secret Safes for Suspicious Funds

Barclays Bank went out of its way to accommodate these individuals in 2015. Keep note of the year because the bank seems to be up to no good each year. Perhaps they were salivating over the huge profit they stood to make after the deal. But for whatever reason, the bank kept all the documents related to the deal in a safe, which was bought specifically for that purpose. Normally, such documents are kept in the bank’s computers, but not in this case. And to complete the mafia image, only a few people inside the bank knew the location of the safe, and fewer still knew about the transaction.

Now, if you own a bank and a farmer opens an account with you stating they would be depositing £50 every week but a few weeks later he shows up with £1,000,000 weekly deposits, that would raise a red flag, wouldn’t it? To Barclays, that’s business as usual. It’s like they go, “Jolly good! We’ll gladly take your million pounds, even if you are a peasant farmer with no means of making such a humongous weekly sum.”

Barclays Schemes and Scams Yearly

But this type of behavior is expected from Barclays. They again featured in a currency rigging scam. In 2014, little over a year before the 2015 scandal you read earlier, Barclays Bank was one of the architects behind ripping off thousands of unsuspecting customers across the globe.

If you missed the Libor Scandal, it went down like this. Barclays Bank would charge you to transfer money from your overseas bank account to another bank account. Banks usually do this, business as usual then. But the overseas bank would rip you off when converting your currency to their local currency. They fixed the exchange rate such that customers always got a raw deal.

Barclays Bank and other banks involved in the scandal had an understanding. They would work together to make sure they milked every penny, even if it meant lying about the currency exchange rate.

Not the kind of bank you’d want to trust with your life savings, is it? 

If you bank with Barclays, cancel your accounts and run for the hills.  The bank is a magnet for crooks! 

I would love to hear your stories about how Barclays has Ripped you off!