Barclays Bank switch deal: July 2024

Barclays has launched a bank switching offer where you can claim £175 if you switch to a Barclays Bank Account or Premier Current Account. Find out how to get the money.

Barclays switch deal update

On Monday 8 July, Barclays launched a switch deal for new customers, offering £175. But it’s not straightforward. We explain the hoops you have to jump through here. Or compare it against other deals in our switching deals guide.

How much can I get with Barclays’ switch deal?

If you complete the steps you’ll receive £175 from Barclays, which is paid out within 28 days of you meeting the criteria. You have to be a new customer, never have claimed a switching bonus from Barclays before, and do it all through the app.

Who can get the deal?

New customers are eligible for this switch bonus from Barclays.
You can’t qualify if:

  • You already have a current account with Barclays
  • You’ve received a switching offer reward from Barclays in the past
  • You’re only eligible for a Barclays basic current account
  • You fail to complete the full switch within 30 days
  • You didn’t open your new account in the Barclays app
  • You’ve opened a joint account
  • You already requested a switch before the offer began, or you tried to switch an existing Barclays account
  • You don’t have a mobile number or email address
  • You’re not a UK resident
  • You’re not aged 18+
  • You don’t fulfil all the terms – listed below

How can I get the deal?

Requirements to get the £175 bonus:

  • Open a new Barclays Bank Account (no monthly fee) or Premier Current Account (no monthly fee as long as you have £100,000 or more in your account, or earn at least £75,000 per year) in the Barclays app.
  • If you’re opening a Barclays Bank Account, sign up to the Blue Rewards scheme which offers cashback, digital subscriptions and more for £5 per month.
  • Request a full switch and pay in at least £800 by 30 August 2024.
  • You must switch over a minimum of 2 active direct debits.

Exclusions

  • If you’re an existing Barclays bank account holder, you won’t be eligible.
  • You can’t claim the offer if you’ve received, or are waiting to receive, any switch incentive from Barclays from any previous date.

When the offer ends

This Barclays switch bonus began on Monday 8 July and will end on Friday 30 August 2024.

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
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Ricky Davies is a senior writer at Finder, focusing on banking and fintech. He’s previously written for Lloyds Banking Group, Halifax, and Royal Bank of Scotland. Additionally, he helped with a major rebrand at LSEG, which is one of the world’s largest providers of financial markets data and infrastructure, and has created guides for several crypto sites. Outside of finance, Ricky enjoys developing personal projects such as writing scripts, and has written an award-winning play. See full bio

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