Barclays has unveiled a new promotion aimed at attracting new customers, offering up to £900 in cash bonuses for those who switch their current accounts and Isa savings. The offer, which runs from October 7 to November 27, 2025, provides a financial incentive for individuals considering a change of bank.
According to the Manchester Evening News, the promotion includes several conditions, including account opening through Barclays’ app and meeting specific deposit requirements. This limited-time opportunity gives customers the chance to earn cash rewards while managing their finances through a new banking relationship with Barclays.
How to Qualify for Barclays’ Current Account Switching Bonus
To take full advantage of Barclays‘ switching bonus, customers must meet a few simple but important conditions. First, they must open either a current account or a Premier current account via the Barclays app. If choosing the standard current account, customers must also sign up for Barclays’ Blue Rewards program, which costs £5 a month. This program includes benefits such as cashback on spending, enhanced savings rates, and even a free Apple TV+ subscription.
One crucial requirement is completing a “full switch” through the Current Account Switch Service (CASS). This means customers must set up at least two active direct debits on their new Barclays account. Additionally, to qualify for the cash reward, customers must deposit at least £2,000 into their standard current account, or £4,000 into their Premier account, within 30 days of account opening.
The cash rewards are as follows:
- £200 for the standard current account.
- £400 for the Premier current account.
Once the eligibility conditions are met, Barclays will pay the cash bonus into the customer’s account within 28 days.
Eligibility Exclusions: Customers who already have a Barclays current account before October 7, 2025, or who have previously participated in a Barclays switching offer are not eligible. Customers opening a joint account or those under 18 are also excluded.
Additional Rewards for Isa Transfers
In addition to the current account switching bonus, Barclays is offering a separate reward for transferring Isa savings. By taking advantage of both offers, customers could potentially receive up to £900 in total. To qualify for the Isa reward, customers need to transfer a minimum of £25,000 into one of Barclays’ cash Isa products.
The reward amounts for Isa transfers are as follows:
- £100 for transferring between £25,000 and £49,999.99.
- £200 for transferring between £50,000 and £99,999.99.
- £500 for transferring £100,000 or more.
These transfers must be completed by November 28, 2025 to qualify for the Isa bonus. Barclays has made the transfer process straightforward via the app, online banking, or even in-person at a branch. The Isa reward will be paid into the customer’s Barclays current account within 60 business days after the final eligible transfer or 60 days after November 28, whichever comes first.
Full Terms and Conditions
While the Barclays switching offer seems appealing, it’s important to review all the terms and conditions to ensure eligibility. As mentioned, customers must not have an existing Barclays current account before the promotion begins on October 7, 2025.
Additionally, those who have already benefited from a Barclays switching offer in the past are excluded. Joint accounts, customers under 18, and those living outside the UK also cannot participate in this offer.
For the Premier current account, customers must meet specific income or savings criteria:
- A gross annual income of £75,000 or more, or
- A combined balance of at least £100,000 in eligible investments or savings with Barclays.
Barclays’ switch offer is only available to those residing in the UK, and only those who are switching from another bank.
