Barclays is providing a £400 money bonus to new prospects who change to a particular Barclays present account and meet sure standards
Barclays says: “Get £400 once you change to us” (Picture: Getty)
Barclays has outlined how prospects can declare its £400 money incentive, obtainable to these switching to a selected Barclays present account who fulfil particular necessities. Candidates should full a full change earlier than the time limit of 30 April 2026.
Barclays joins quite a lot of UK banks which might be at present providing money rewards to prospects who switch their accounts. Sure prospects might obtain as much as £500, although this varies relying on which financial institution they decide to modify to. Lloyds, Barclays and Santander are amongst the banks presently providing £100s to present account holders who switch to them.
To safe the £400 cost with Barclays, prospects should fulfill a number of stringent circumstances inside 30 days of account opening. The important thing steps and eligibility standards are:
- Utilizing the app
- Switching from a non-Barclays account
- Minimal deposit required
- Assembly earnings or financial savings standards
The account have to be a sole Premier Present Account opened solely by way of the Barclays app. An entire switch of a non-Barclays account have to be carried out by means of the Present Account Change Service (CASS), together with a minimal of two lively direct debits.
Not less than £4,000 have to be deposited into the brand new account throughout the preliminary 30 days. Candidates should fulfill one among two monetary thresholds. Both obtain a gross annual earnings of £75,000 or above into the account, or keep a minimal of £100,000 in financial savings or qualifying investments with Barclays, stories the Mirror.
The financial institution has established clear exclusion standards. Present prospects who held any Barclays private present account on or earlier than February 17, 2026, aren’t capable of take part.
Moreover, prospects who’ve beforehand claimed a switching bonus from Barclays are ineligible for this newest promotion. As soon as all eligibility standards are happy, the bonus is often credited to the shopper’s account inside 28 working days.
Past the £400 switching incentive, the Barclays Premier account presents a number of extra advantages. The Barclays Premier Present Account has no month-to-month cost. It additionally consists of additional leisure advantages for account holders.
The £400 will likely be paid in to your new account inside 28 working days (Picture: Getty)
Prospects acquire entry to Apple TV+ and an MLS Season Go with out extra price. Barclays states: “Make recollections that final with early-access tickets and unique occasions, plus an Apple TV subscription price £9.99 a month.”
The account additionally supplies entry to the Wet Day Saver account, which at present presents an Annual Equal Price (AER) of three.98% on balances as much as £5,000. Barclays notes: “If you’re with Premier, you get unique charges on financial savings and mortgages, plus funding choices that will help you hit your monetary objectives.”
New Premier prospects can safe a complete incentive price as much as £1,000 by means of a secondary promotion. By shifting an ISA stability of £100,000 or extra to Barclays by 30 April 2026, prospects can obtain a further £600 bonus.
For the newest phrases and circumstances, prospects ought to seek the advice of the entire provide particulars on the Barclays web site.
Barclays says you will get a textual content as soon as you have reached the eligibility (Picture: Getty)
What is the Present Account Change Service?
Barclays states the Present Account Change Service (CASS) is a complimentary facility enabling prospects to switch their present account between banks or constructing societies. It is supported by the Present Account Change Assure, which ensures the process is easy, seamless and hassle-free.
It explains: “The whole lot’s finished for you. If you’ve opened a brand new account with us, we’ll transfer all of your incoming and outgoing funds throughout to your new Barclays account in simply seven working days. That is issues like your wage, advantages, Direct Debits, standing orders and payments.
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“We’ll additionally switch any cash on the day of the change. Your previous account will likely be closed, and any funds made to your previous account will likely be redirected to your new one for at the very least three years.”
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