{"id":112250,"date":"2025-08-27T16:10:00","date_gmt":"2025-08-27T15:10:00","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=112250"},"modified":"2025-08-27T16:05:43","modified_gmt":"2025-08-27T15:05:43","slug":"barclays-175-switching-bonus-ends-thursday","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/barclays-175-switching-bonus-ends-thursday\/","title":{"rendered":"Barclays \u00a3175 Switching Bonus Ends This Thursday"},"content":{"rendered":"\n<p>Barclays is offering a \u00a3175 bonus to new customers who switch their current account to the bank \u2014 but there are just days left to claim it. The offer ends this Thursday, August 28, 2025, and is only available to those who apply via the Barclays app. <\/p>\n\n\n\n<p>According to <em><a href=\"https:\/\/www.manchestereveningnews.co.uk\/news\/cost-of-living\/barclays-handing-out-free-175-32350659\" data-type=\"link\" data-id=\"https:\/\/www.manchestereveningnews.co.uk\/news\/cost-of-living\/barclays-handing-out-free-175-32350659\" target=\"_blank\" rel=\"noopener\">Devon Live<\/a><\/em>, this limited-time incentive targets first-time current account holders and forms part of a broader campaign to attract new clients. While the move comes at a time of widespread scrutiny in the banking sector, it coincides with ongoing pressure on household budgets linked to energy costs, though the bank has revealed little else.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Full Eligibility Criteria for New Customers<\/h2>\n\n\n\n<p>The offer is open to new customers who open either a <em>Barclays Bank Account<\/em> or a <em>Premier Current Account<\/em> between <strong>July 15 and August 28, 2025<\/strong>. To receive the bonus, customers must not have previously opened a Barclays current account before July 15, 2025, and must not have claimed any switching bonus from Barclays in the past.<\/p>\n\n\n\n<p>The incentive does not apply to those who:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Are <strong>under 18<\/strong><\/li>\n\n\n\n<li>Are <strong>opening a joint account<\/strong><\/li>\n\n\n\n<li><strong>Live outside the UK<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Barclays explicitly states: <\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>You\u2019re not eligible if you\u2019ve taken up a switching offer from us in the past, opened a Barclays account before 15 July 2025, or don\u2019t live in the UK.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">Four-Step Process to Claim the \u00a3175<\/h2>\n\n\n\n<p>To qualify for the bonus, eligible applicants must complete the following steps via the <a href=\"https:\/\/www.barclays.co.uk\/ways-to-bank\/mobile-banking-app\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.barclays.co.uk\/ways-to-bank\/mobile-banking-app\/\" rel=\"noreferrer noopener\">Barclays app<\/a> by <strong>Thursday<\/strong>:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1200\" height=\"750\" src=\"https:\/\/en.econostrum.info\/uk\/wp-content\/uploads\/sites\/6\/2025\/08\/Barclays-app--1200x750.jpg\" alt=\"\" class=\"wp-image-112256\" srcset=\"https:\/\/en.econostrum.info\/uk\/wp-content\/uploads\/sites\/6\/2025\/08\/Barclays-app--1200x750.jpg 1200w, https:\/\/en.econostrum.info\/uk\/wp-content\/uploads\/sites\/6\/2025\/08\/Barclays-app--380x238.jpg 380w, https:\/\/en.econostrum.info\/uk\/wp-content\/uploads\/sites\/6\/2025\/08\/Barclays-app--520x325.jpg 520w, https:\/\/en.econostrum.info\/uk\/wp-content\/uploads\/sites\/6\/2025\/08\/Barclays-app--1536x960.jpg 1536w, https:\/\/en.econostrum.info\/uk\/wp-content\/uploads\/sites\/6\/2025\/08\/Barclays-app-.jpg 1920w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<p><strong>Step 1<\/strong>: Open a <em>Barclays Bank Account<\/em> or <em>Premier Current Account<\/em> in the <strong>Barclays app<\/strong><br><strong>Step 2<\/strong>: If you\u2019ve opened a <em>Barclays Bank Account<\/em>, join <em>Blue Rewards<\/em> (<strong>\u00a35\/month<\/strong> required)<br><strong>Step 3<\/strong>: Complete a <strong>full switch<\/strong> including <strong>at least two active Direct Debits<\/strong><br><strong>Step 4<\/strong>: Deposit <strong>\u00a31,500<\/strong> into the newly opened account<\/p>\n\n\n\n<p>Once all conditions are met, the <strong>\u00a3175 bonus<\/strong> will be paid directly into the account.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Context: Recent Regulatory Fine<\/h2>\n\n\n\n<p>The switch offer comes in the wake of regulatory action against Barclays, which was fined \u00a342 million last month by the Financial Conduct Authority (FCA). The watchdog found the bank had \u201cfailed to adequately manage money laundering risks\u201d involving two corporate clients.<\/p>\n\n\n\n<p>According to the FCA, Barclays did not act despite receiving information from law enforcement agencies about suspicious financial activities. The fine has drawn renewed attention to the bank\u2019s <strong>compliance systems<\/strong> and internal risk management protocols.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Account Types and Blue Rewards Conditions<\/h2>\n\n\n\n<p>Customers can choose between the <em><a href=\"https:\/\/en.econostrum.info\/customers-urged-switch-better-rates\/\" target=\"_blank\" data-type=\"post\" data-id=\"9437\" rel=\"noreferrer noopener\">Barclays Bank Account<\/a><\/em> or the <em>Premier Current Account<\/em>. Those who opt for the standard <em>Barclays Bank Account<\/em> <strong>must enroll in Blue Rewards<\/strong>, which costs <strong>\u00a35 per month<\/strong>. This program offers cashback and other incentives, which may offset the fee depending on usage.<\/p>\n\n\n\n<p>No Blue Rewards enrollment is required for those selecting a <em>Premier Current Account<\/em>, which typically targets customers with higher income or savings thresholds.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Only a Few Days Left to Apply<\/h2>\n\n\n\n<p>With the <strong>August 28<\/strong> deadline falling <strong>this Thursday<\/strong>, potential applicants now have <strong>only a short window<\/strong> to begin and complete the switching process. As the switch must be fully finalized via the <strong>Barclays app<\/strong>, early action is advised.<\/p>\n\n\n\n<p>Further details, including full terms and conditions, can be found on the <strong><a href=\"https:\/\/www.barclays.co.uk\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.barclays.co.uk\/\" rel=\"noreferrer noopener\">official Barclays website<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New customers who complete a full switch to Barclays and meet all conditions can receive a \u00a3175 bonus, but the deadline is approaching fast.<\/p>\n","protected":false},"author":9,"featured_media":112251,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-112250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/112250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/comments?post=112250"}],"version-history":[{"count":2,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/112250\/revisions"}],"predecessor-version":[{"id":112257,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/112250\/revisions\/112257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media\/112251"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media?parent=112250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/categories?post=112250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/tags?post=112250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}