Barclays Bank Account
Current account
£300
switching bonus
Penny's take
Solid £300 reward, but you'll need to earn it over six months. The initial £150 is straightforward enough — switch with three Direct Debits and deposit a £2,000 salary within 30 days. The remaining £150 arrives in £30 monthly instalments across five further months, each requiring that same £2,000 salary plus ten debit card purchases, making this best suited to someone who banks actively and is paid by an employer.
The fee-free structure and Travel Wallet add genuine everyday value, but the biggest catch is the employer-salary rule — self-employed income or personal transfers won't qualify. Previous Barclays current account holders are also excluded, so check your eligibility carefully before applying.
Requirements at a glance
Deposit requirement
Direct Debits
Transactions
Monthly fee
Online Banking
How to qualify
Requirements
- •Open a new sole Barclays Bank Account in the Barclays app from 1 October 2026, completing the application within 21 days of starting it.
- •Within 30 days of opening, request a full switch from another UK bank or building society using the Current Account Switch Service (CASS). The switch must include at least 3 active Direct Debits.
- •Within the same 30 days, pay a salary of at least £2,000 into the new account to earn the £150 switch reward.
- •To earn up to £150 more, in each of the 5 full months after the switch reward is paid, receive at least £2,000 in salary and make at least 10 eligible debit card purchases. £30 is paid for each month you meet both.
Things to check
- The £2,000 must be salary from your employer; transfers from your own accounts do not count.
- Not eligible if you already have a Barclays current account or have had a Barclays switch bonus before.
- Sole accounts only. Existing Barclaycard, mortgage or savings customers must reinstall the app and register as new to Barclays.
- Each £30 needs the salary and 10 card purchases in the same month; cash withdrawals, gambling and transfers do not count.
Account Benefits
No monthly fee
Use the Barclays Bank Account without paying a monthly account charge.
Travel Wallet
Hold euros or US dollars in the app and spend them with your debit card without Barclays transaction fees; exchange rates and terms apply.
Money-management tools
Track spending, receive instant notifications and manage card controls in the app or Online Banking.