I have an online savings account with barclays. The all-online bank does not send a paper monthly statement; it is all electronic. As of january 2013, barclays pays a higher interest rate than my capital one 360 account. The barclays web page has a less user friendly web page than the other online saving account. I got lost in my online barclays account and i couldn't find the w2 tax form section.
Other online banks are easier to use, but offer lower interest rates. I have forgotten my barclays password more than three times. I have talked with customer service workers during the us weekday business hours to reset my password. Barclays doesn't have a way to reset your password online when you forget the password. The customer service workers were friendly each time that i called.
According to my bill paying log, I did pre-schedule payment of my Barclay's U Promise card on the due date. I'm not sure whether I made an error in posting it...perhaps neglecting to hit "submit"...or the website malfunctioned but, for whatever reason, the payment did not go through. I discovered the error two days later when I did my weekly check of credit card and bank transactions. By then the bank had charged me a twenty-five dollar penalty (actually posted on the exact due date!) and interest on the entire amount. Since we use the card for almost all of our expenses, the interest was substantial.
OK. They were within their rights...late is late. but it left a really bad impression. I was once late on a payment on my USAA Master Card. I received a reminder, paid the card off promptly. No penalty. I have cancelled my Barclay's card and will use my USAA card exclusively. My business is now entrusted to a bank that puts customer relations before the almighty dollar. How good it feels!
The dubai operation is horrible riddled with many unethical problems and issues. The compliance and legal are unethical and unprofessional blaming clients for their own shortcomings and ruined people's lives. I would never recommend this bank to anyone.