Overview
- Barclays' top offer pays £400 for switching to its Premier Current Account via the app using the Current Account Switch Service, with a £4,000 pay‑in within 30 days, an application deadline of 27 November, and payout reported by 9 December; MoneySavingExpert notes the Premier tier typically requires £75,000 annual income.
- Other headline deals include £200 from Club Lloyds (payout reported by 12 November, account fees apply), £175 from First Direct (payout reported by 20 November plus access to a 7% regular saver and a typical £250 0% overdraft), and £175 from Nationwide (payout reported within 10 days) and NatWest.
- Barclays also has a separate £200 switch bonus tied to Blue Rewards with added subscription perks, while Birmingham Live highlights a TSB package reported as £150 upfront plus a £25 Amazon voucher and up to £60 cashback, with the Spend & Save Plus account carrying a £3 monthly fee.
- Common eligibility across banks includes completing a full CASS transfer, setting up at least two active Direct Debits, meeting minimum deposits, and app registration, with some offers excluding recent switch bonus recipients such as Lloyds’ five‑year restriction.
- The cluster of incentives has been flagged by MoneySavingExpert and Martin Lewis for pre‑Christmas cash potential, with coverage stressing that headline sums can be reduced by fees or ineligibility and advising consumers to read the small print.