Overview
- Barclays’ Premier account headlines the market with £400 paid by December 9, but applicants must earn at least £75,000 a year, open via the app, start a full CASS switch, and pay in £4,000 within 30 days, with applications due by November 27.
- First Direct offers £175 with payment due by November 20, alongside an ongoing £250 interest‑free overdraft for many and access to a 7.00% AER regular saver.
- Club Lloyds pays £200 with payout by November 12, though monthly account fees apply, while Nationwide’s £175 is typically paid within 10 days and can be paired with a 5.5% linked regular saver and £3 a month cashback.
- Alternatives include a Barclays £200 switch deal tied to Blue Rewards and Apple TV+, and TSB’s package worth about £235 combining £150 cash, a reported £25 Amazon voucher, and up to £60 in short‑term cashback, with some accounts charging monthly fees.
- MoneySavingExpert and industry commentators advise switching through the Current Account Switch Service and checking small print on pay‑in levels, active Direct Debits, account fees, and credit or overdraft checks before applying.