Time is rapidly running out for savers to claim a generous £400 cash incentive from Barclays bank. The offer, which also includes an Apple TV+ subscription, is available to new customers who switch to a Barclays Premier Current Account.
The Clock is Ticking on This Banking Deal
The application window for this lucrative bank account switch deal closes in just six days, on November 27, 2025. The promotion was recently highlighted by money-saving expert Martin Lewis on his ITV programme, where he described it as the "biggest ever deal" currently available.
What Are the Eligibility Requirements?
To qualify for the £400 bonus, potential applicants must navigate a series of specific conditions. The process must be initiated by first opening the account through the official Barclays app.
Following this, customers are required to complete a full current account switch using The Current Account Switch Service (CASS). This transfer must include a minimum of two active Direct Debits.
Once the switch is complete, account holders must deposit at least £4,000 into the new account. Furthermore, applicants must meet one of two key financial criteria:
- Deposit a gross annual salary of £75,000 into the account.
- Or maintain £100,000 in savings or qualifying investments with Barclays.
All applicants must be aged 18 or over and be a current UK resident.
How and When Will You Get the Money?
Barclays has confirmed that the £400 payment will be made into the new account within 28 working days of the customer meeting all the eligibility criteria. The bank will send an SMS notification once the requirements have been fulfilled.
The payment will appear on your bank statement labelled as 'Switch Reward'. It is important to note that this CASS offer can only be used once per person.
Beyond the immediate cash incentive, the Premier Current Account offers additional perks, including exclusive rates on savings and mortgages, investment options, early-access tickets, and exclusive events alongside the Apple TV+ subscription.
For full details and to review all terms and conditions, customers are advised to visit the official Barclays website directly.
