Overview
- Barclays’ Premier switch incentive pays £400 if customers open in-app, complete a full CASS switch with at least two Direct Debits, deposit £4,000, and meet £75,000 income or £100,000 savings thresholds, with payment due within 28 working days.
- Barclays states anyone with a Barclays current account open on or before 7 October 2025 is excluded, the offer can be used only once, and the bank may withdraw or amend the promotion running 7 October to 27 November.
- Nationwide offers £175 to newcomers switching to FlexPlus, FlexDirect or FlexAccount who move at least two Direct Debits, complete the switch within 28 days, pay in £1,000 and make a debit card purchase within 31 days, with payouts typically within about 10 days.
- Nationwide says the payment shows as “Switching Offer” and is generally not available to those who received a Nationwide switch bonus since 2021, with an exception when moving between sole and joint accounts.
- Other live deals highlighted this month include Santander (£200), Lloyds/Club Lloyds (£200), First Direct (£175), NatWest (£175) and a £200 Barclays standard-account offer, as experts note switches use the seven working day CASS process and trigger a credit check that can affect short-term borrowing plans.