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Barclays’ £400 Bank‑Switch Bonus Enters Final Week as Rivals Dangle Pre‑Christmas Cash

Strict eligibility rules mean only Premier‑tier applicants completing a full CASS switch qualify.

Overview

  • Barclays’ Premier Current Account switch offer pays £400 but closes on 27 November, with applications required via the Barclays app.
  • To qualify, customers must complete a full Current Account Switch Service transfer with at least two Direct Debits, pay in £4,000, and meet Premier criteria of £75,000 annual income or £100,000 in eligible savings or investments.
  • Barclays says the £400 is paid within 28 working days after requirements are met, and the account includes perks such as an Apple TV+ subscription and access to exclusive rates.
  • Barclays has clarified that customers are ineligible if they had any open Barclays current account on or before 7 October 2025 or have previously received a Barclays switch reward; the offer window runs from 7 October to 27 November.
  • Other active switch deals include Santander’s £200 (with a £3 monthly fee and 1% bill cashback), Club Lloyds’ £200 (with a £2,000 monthly pay‑in), First Direct’s £175 (with a £1,000 pay‑in), Nationwide’s £175 paid by 6 December, and Barclays’ non‑Premier £200 with Blue Rewards, with MoneySavingExpert noting CASS is required and frequent switching can affect creditworthiness.