The Money Jar

Bank switching

Barclays Premier Switch

£600
switch bonus
Type Switch offer
Time needed 30 mins
Deposit £5,000 a month
Pays out Within 28 working days

What is the Barclays Premier Switch? Barclays’ premium account, for people earning £75,000 or more, or with £100,000 saved with Barclays. It pays up to £600 for switching: £450 upfront, then £30 a month for five months.

⏳ No end date has been announced, but switch offers change often, so check before you start.

How to claim it

  1. Check you qualify: a salary of £75,000 or more paid in, or £100,000 saved or invested with Barclays.
  2. Open Barclays Premier in the Barclays app, as a sole account, and choose a full switch with at least 3 Direct Debits, completed within 21 days.
  3. Within 30 days, have at least £5,000 of salary paid in.
  4. Your £450 is paid within 28 working days. Keep paying in £5,000 and make 10 card payments each month for five months to get £30 a month.

Handy hints

  • Good to know
  • What you need: 3 Direct Debits, a full switch, and £5,000 of salary a month.
  • Is it free? Yes, as long as you meet the Premier eligibility (£75,000+ salary or £100,000 saved with Barclays).
  • Need Direct Debits? Plum or Moneybox can set up free monthly Direct Debits to yourself. Keep them monthly, as quarterly ones aren’t always counted.
  • Follow every step: read the bank’s switch offer terms carefully and do each step within the time limits. Miss one and you can lose the bonus.
  • Space out applications: each new account can show on your credit file, so don’t open lots at once.
  • Who can’t get it: anyone who had a Barclays current account open on or before 1 October 2026, or has had a Barclays switch bonus before.
  • Needs your salary: this offer needs £5,000 a month of earnings paid in, not a transfer from your own accounts, so it may suit your main account rather than your spare one.
  • Earning more
  • Extras: free Apple TV, no fees when you spend abroad, and you may get a £500 interest-free overdraft.
Ready to claim your £600?Time needed: 30 mins. Deposit: £5,000 a month.
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