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Barclays Launches Up to £1,000 in Cash Bonuses for Premier Switchers and ISA Transfers

The bank targets higher-value customers with cash incentives tied to strict switching requirements plus ISA transfer thresholds.

Overview

  • New customers can receive £400 for switching to a Barclays Premier current account via CASS, provided they did not hold a Barclays current account on 17 February 2026.
  • To qualify for the £400 payment, a full switch must include at least two active direct debits and a £4,000 deposit within 30 days, with the bonus paid within 28 working days.
  • Premier customers can earn up to £600 for transferring cash ISAs into Barclays fixed-term ISAs, starting at £50 for £10,000 and rising to £600 for £100,000 or more.
  • Standard current-account holders receive £200 for ISA transfers of £100,000 or more, while Barclays’ one-year fixed cash ISA pays 3.85% AER for Premier and 3.80% AER for standard accounts with up to three penalty-free withdrawals capped at 10% each.
  • The promotion is open until 30 April 2026 and requires ISA transfers to be initiated via Barclays’ transfer-in service to eligible fixed-rate products.