Barclays Premier Account Current Account Switch Offer
Eligible customers may receive up to £400 when switching
Important: This offer is subject to eligibility criteria and terms and conditions. Not all applicants will qualify. You must meet all specified requirements to receive the switching incentive. Always review the full terms on Barclays Premier Account's website before applying.
You will be directed to Barclays Premier Account's website. Eligibility criteria apply.
Offer Summary
Is This Account Right for You?
Key Features
- Free Apple TV+ subscription (worth £9.99/month)
- Free Major League Soccer Season Pass (worth £14.99/month)
- 4.36% interest on up to £5,000 in linked saver
- Premier customer service and support
- No monthly account fee
- Access to Premier banking services
Important Considerations
- High income requirement (£75k salary) or £100k savings
- Must pay in £4,000 within 30 days (higher than standard account)
- Can't have had any Barclays current account on/after 7 October
- Can't have ever received Barclays switch cash before
- Limited to high earners or substantial savers only
Consider whether this account meets your banking needs beyond the initial incentive. Compare account features, fees, and customer service ratings before deciding. View all current bank switching offers.
About the Current Account Switch Service (CASS)
The Current Account Switch Service makes switching UK bank accounts simple and reliable. Barclays Premier Account participates in this scheme, which guarantees:
- Your switch will complete within 7 working days
- All Direct Debits and standing orders are moved automatically
- Any payments accidentally sent to your old account are redirected for 3 years
- If anything goes wrong, you're protected by the CASS guarantee
For a full list of banks and building societies that participate in CASS, visit currentaccountswitch.co.uk
Eligibility Requirements
To qualify for this switching offer, you must meet all of the following criteria:
- Requirement 1: Earn £75,000+ per year OR have £100,000 to save with Barclays
- Requirement 2: Open via app or in branch
- Requirement 3: Pay in £4,000 within 30 days of opening
- Requirement 4: Switch via CASS including 2+ Direct Debits by 27 Nov
- Requirement 5: Complete switch within 30 days of starting it
Note: Always verify the current terms and conditions on Barclays Premier Account's website before applying, as requirements may change.
Helpful Tips
- Worth considering if you meet salary requirements - double the bonus
- Premier perks included free (no Blue Rewards fee needed)
- Can qualify via savings balance if salary doesn't meet threshold
- Premium customer service included
Need Direct Debits? If you don't have 2 active Direct Debits for the switch, you can support Scrimpr with a small monthly contribution (50p or £1). This counts as a Direct Debit and helps keep this site free.
Support Scrimpr via Direct Debit →Common Issues to Watch For
Users have reported these common pitfalls when claiming switching bonuses. Being aware of them may improve your experience:
- Assuming you qualify - check income/savings requirements first
- Forgetting the £4,000 deposit requirement (double the standard)
- Not checking if you have access to Premier eligibility
What To Do With Your Switching Bonus
Once you receive your £400 bonus, consider putting it to work. Here are some smart options:
- Open a high-interest savings account to earn more on your bonus
- Start investing with a stocks and shares ISA for long-term growth
- Take advantage of trading platforms offering sign-up bonuses
- Build an emergency fund in an easy-access savings account
Typical Switching Timeline
This timeline represents a typical switching journey. Your experience may vary depending on individual circumstances and account complexity.
Day 1: Application Submitted
Complete your application and request the account switch via CASS
Day 7: Switch Completion
Your Direct Debits and standing orders are typically moved automatically under the CASS guarantee
First Month: Meet Requirements
Ensure all eligibility criteria are met, including any deposit or transaction requirements
Approximately Day 28: Bonus Processing
If all criteria have been met, the switching incentive is typically processed. Contact Barclays Premier Account if you have concerns.
Frequently Asked Questions
Will I definitely receive the switching bonus?
The switching incentive is only available to customers who meet all eligibility criteria. Not all applicants will qualify, and Barclays Premier Account reserves the right to decline applications or withhold bonuses if requirements are not met.
Do I need to close my current account?
When using the Current Account Switch Service (CASS), your previous account is typically closed automatically as part of the switching process. All payments are redirected to your new account for a minimum period of 3 years.
How long does the switch take?
The Current Account Switch Service (CASS) guarantees completion within 7 working days. This includes moving your Direct Debits and standing orders.
What if I've banked with Barclays Premier Account before?
Most switching offers have eligibility restrictions for previous customers. Check the specific terms and conditions on Barclays Premier Account's website, as you may be excluded if you've held an account with them recently.
Could this affect my credit rating?
Opening a bank account typically involves a credit check. While a single application usually has minimal impact, multiple applications in a short period may affect your credit profile. If you're planning to apply for credit soon, consider the timing carefully.
Important: This information is for guidance only and should not be considered financial advice. Always review the current terms and conditions on Barclays Premier Account's official website before making any financial decisions. Eligibility criteria apply, and offers may be withdrawn at any time.
Interested in This Offer?
Review the full terms and conditions on Barclays Premier Account's website to determine if you meet the eligibility criteria
View Offer on Barclays Premier Account WebsiteBarclays Premier Account is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (FCA Register: 759676)
Eligibility criteria, terms and conditions apply. Not all applicants will qualify for this offer.
Important Information
The information on this page is intended as a guide only and does not constitute financial advice. Switching offers are subject to availability and eligibility criteria set by Barclays Premier Account. Terms and conditions apply, and offers may be withdrawn at any time without notice.
I aim to maintain accurate information, but details may change. Always verify current offers, eligibility requirements, and account features directly with Barclays Premier Account before making any decisions.