Barclays Bank Switch: How to move accounts and receive £400 in "free" money

In addition to its £500 ISA transfer offer, Barclays has announced a £400 current account switching promotion

What are the available accounts, and are you qualified?

New customers can transfer their existing account for between 200 and 400 at Barclays.

The best bank switching offer currently on the market is the High Street Lenders deal. But you must quickly clear a few hurdles in order to receive the full 400.

Additionally, the bank is providing cashback to its customers through another incentive. You still have the opportunity to benefit from the 500 cashback offer that Barclays initiated for ISAs last month, increasing the total possible rewards to an incredible 900.

The 400 offer is alluring, but in order to be eligible, you must have a sizable amount of money in your account.

We check to see what's available and whether you qualify.

An explanation of Barclays' latest switching deals.

Depending on the account to which you move your funds, Barclays may offer you anywhere from 200 to 400.

The 200 Barclays switch offer: How to get it.

New clients who take these actions can receive £200.

The Barclays app can be used to open a Barclays bank account. Sign up for Blue Rewards for five months. Make a complete switch that includes a minimum of two direct debits. After opening the account, make a minimum deposit of £2,000 within 30 days. Within 28 days of completing these steps, you will receive the £200 in your new account.

You have to have at least 800 deposited into your account each month in order to be eligible.

The switching offer is valid through November 27, 2025.

Better savings rates, a free Apple TV subscription (typically valued at 9.99 per month), and up to 15% cashback on regular purchases are all possible with Blue Rewards. Note that there is a £5 monthly fee for Blue Rewards.

The 400 Barclays switch offer: How to get it.

If new customers follow the instructions below, they can receive twice as much, but there are eligibility requirements. You have to:

The Barclays app allows you to open a Barclays Premier Current Account. Finish the switch, making sure to include a minimum of two direct debits. You have 30 days from the date of account opening to deposit a minimum of £4,000. But here's the catch. You must have a gross yearly income of 75,000, at least £100,000 in savings, qualified investments, or a combination of the two in order to be eligible for this account.

Investment ISAs, SIPPs, and General Investment Accounts held with Barclays are examples of eligible investments.

The switching offer will expire on November 27, 2025.

Can current Barclays customers receive the bonus?

Use these steps to receive the 200 or 400 bonus even if you already have a Barclaycard, mortgage, or savings account.

The Barclays app should be removed from your phone. Go back to the app and create a new account for a Premier Current Account or a Barclays Bank Account with Blue Rewards. Allow up to 48 hours for the app to display your new account. Contact Barclays for assistance if you're having trouble accessing your new account for any reason.

Would Barclays be able to give you 900 cashback?

For clients who move their cash ISA to the high street lender, Barclays introduced a 500 cashback offer in September.

However, there is a catch: you can only receive the full 500 if you move over 100,000 to the new account. To accomplish that, you must open a Barclays current account by November 28th in order for the funds to be transferred to it.

Although several accounts may contribute to the 100,000, some ISAs are not eligible for the offer. Lifetime ISAs, Help to Buy ISAs, and other Barclays ISAs are included in this category.

Following a successful transfer, the funds will be deposited into your current account within 60 business days of November 28, 2025.

You could receive up to 900 if you qualify for both the Barclays 400 bank switching offer and the 500 ISA transfer.

What is the best Barclays account for me?

A Barclays Premier account, which offers a larger cash bonus and other benefits, might be worth looking into if you make more than £75,000 or have at least £100,000 in savings or eligible investments with Barclays.

To make it easier for you to compare, we have dissected the offers from the two Barclays accounts mentioned.

Discover More about Barclays.