Barclays has launched a current account switch offer worth £175 for customers who start a new switch by 28th August 2025. The offer is open to new customers who switch to a Barclays Bank Account or a Barclays Premier Current Account; Joint accounts are not eligible for the switch offer.
Customers who opt for the Barclays Bank Account option rather than the Premier account option must join Blue Rewards for £5 per month to be eligible for the switch. As the Premier Current Account is only open to customers who pay in a gross annual income of at least £75,000 or have at least £100,000 in savings or investments with Barclays, many switchers will be required to join Blue Rewards, meaning they will pay the £5 per month fee.
Who is eligible for the £175 switch offer?
Barclays has extensive eligibility criteria to ensure you receive your bonus, so it's worth making sure you meet all the requirements to avoid disappointment.
To be eligible for the £175 switch offer you must:
- Be 18 or above and a UK resident
- Be eligible for one of the accounts you can switch to (Barclays Bank Account or Barclays Premier Current Account)
- Open your new sole account (joint accounts aren't eligible) and start your switch via the Barclays app
- Complete the full current account switch within 30 days of requesting it
- Ensure you're not switching an existing Barclays account (it must be a different bank)
- Not have an existing Barclays current account which you opened before the offer started (i.e. before 15th July 2025)
- Not have received a Barclays switching offer reward before
How to qualify for the £175 Barclays offer
Assuming you're eligible to receive the bonus, qualifying for the offer is fairly straightforward. The first step is to download the Barclays app and ensure you complete the account opening process via the app. This includes:
- Opening a sole Barclays Bank Account or a sole Premier Current Account
- Joining Blue Rewards (at £5 per month) if you're not eligible for the Premier Current Account
- Initiating a full switch via the Current Account Switch Service (CASS) by 28th August 2025
- Completing the full CASS switch including transferring at least 2 active direct debits within 30 days (this means your old account will be closed)
- Paying in at least £1,500 into the eligible account within 30 days of opening the account
- Keeping your account open at least until Barclays makes the bonus payment
If you complete all of these steps and meet the eligibility criteria, you should receive your bonus payment within 28 working days.
Barclays Bank Account vs Barclays Premier Current Account
There are two accounts which are eligible for the switching offer. Most people will qualify for Barclays Bank Account and can even benefit from the switching offer as long as they join Blue Rewards at £5 per month. But some people might be eligible for the Barclays Premier Current Account as well. In the table below, we compare the two options to help you decide which one to choose.
| Feature | Barclays Bank Account | Barclays Premier Current Account |
| Eligibility criteria |
|
|
| Spending insights (such as spending summaries) |  |
|
| Security controls (such as temporary card freezes) | |
|
| Highest savings rate | 2.25% AER | 4.61% AER |
| Daily cash withdrawal limit | £500 | £2,000 |
| Financial guides |  |
|
| Cashback rewards | Only with Blue Rewards | |
| Apple TV+ | Only with Blue Rewards | |
What is Blue Rewards?
Blue Rewards is a rewards add-on that comes with perks like a 4.61% Rainy Day Saver on balances up to £5,000 as well as 15% cashback at selected retailers and access to Apple TV.
What other bank account switch offers are available in July 2025?
The Barclays switching offer is one way that you can get £175 for switching current accounts; however, unless you qualify for the Premier account, you will forfeit some of your bonus, as you will need to join Blue Rewards to get the offer, and this costs £5 per month.
If you're not eligible or simply don't like the Barclays current account switch offer, there are other options on the market right now. Check out our article on the best current account switch offers and incentives to find out if there are other offers you might be eligible for instead.
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