Barclay’s £175 Switch Offer July 2024

Surprised this hasn’t been picked up on already. The deal launched today 8th July:

Use the Barclays app1 to switch your current account to us by 30 August 2024 and we’ll give you £175. This offer is only open to new customers who opened a Barclays Bank Account or Premier Current Account between 8 July and 30 August 2024.

Apply for the account in the app. 

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Comments

  • quicksilverfox
    quicksilverfox Posts: 52 Forumite
    10 Posts First Anniversary
    edited 8 July 2024 at 4:22PM
    https://www.barclays.co.uk/current-accounts/switch-offer/


    you won’t qualify for the £175 bonus payment if:
    • You’ve ever received a switching offer reward from us for switching to any of our current accounts.

  • HillStreetBlues
    HillStreetBlues Posts: 5,486 Forumite
    1,000 Posts Third Anniversary Homepage Hero Photogenic
    If I've read it correctly, as long as I complete the criteria by end of July, I will get paid incentive by end of Aug, so can then remove Blue Reward before they remove the £5 cashback at the start of Sep.
    Let's Be Careful Out There
  • SickGroove
    SickGroove Posts: 315 Forumite
    Third Anniversary 100 Posts Name Dropper
    Anyone done this yet through the app?

    I've just set up 2 x 50p direct debits onto my TSB account which I'm switching from into this (as the final TSB £10 bonus was received today) 

    As the 2 x direct debits won't show or be debited for another week or so, does the Barclays account give you the option to select the actual switch date, or do you not get the option.
  • HillStreetBlues
    HillStreetBlues Posts: 5,486 Forumite
    1,000 Posts Third Anniversary Homepage Hero Photogenic
    Anyone done this yet through the app?

    I've just set up 2 x 50p direct debits onto my TSB account which I'm switching from into this (as the final TSB £10 bonus was received today) 

    As the 2 x direct debits won't show or be debited for another week or so, does the Barclays account give you the option to select the actual switch date, or do you not get the option.
    No it doesn't let you chose the switch date.
    I just set up a couple of DD on a new Chase account opened just for the switch, so will now wait will there are showing in my Chase account .
    Let's Be Careful Out There
  • moneytorques
    moneytorques Posts: 238 Forumite
    Tenth Anniversary 100 Posts Photogenic Name Dropper
    Can I have some suggestions on where to set up 50p DDs please?
  • Marcoos
    Marcoos Posts: 199 Forumite
    100 Posts First Anniversary Name Dropper
    Can I have some suggestions on where to set up 50p DDs please?
    Google ‘50p direct debit’ should be the first hit
  • HillStreetBlues
    HillStreetBlues Posts: 5,486 Forumite
    1,000 Posts Third Anniversary Homepage Hero Photogenic
    I did 30p DD
    Let's Be Careful Out There
  • 7sefton
    7sefton Posts: 633 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    The MSE page says you’re ineligible if you’ve receive ‘switch CASH’ before, the Barclays T&Cs say ‘switch reward. Obviously the Barclays T&Cs are what count, so I assume I’m ineligible as I received the 200k Avios points for switching to Barclays Premier a year or so ago (also had to open a Barclaycard, but well worth it). 
  • SickGroove
    SickGroove Posts: 315 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 8 July 2024 at 10:22PM
    Anyone done this yet through the app?

    I've just set up 2 x 50p direct debits onto my TSB account which I'm switching from into this (as the final TSB £10 bonus was received today) 

    As the 2 x direct debits won't show or be debited for another week or so, does the Barclays account give you the option to select the actual switch date, or do you not get the option.
    No it doesn't let you chose the switch date.
    I just set up a couple of DD on a new Chase account opened just for the switch, so will now wait will there are showing in my Chase account .
    Do you need to wait for the two direct debits on the account your switching from to be debited first, or can you start the switch as soon as they are showing on the account your switching from?
  • Petriix
    Petriix Posts: 2,275 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    Anyone done this yet through the app?

    I've just set up 2 x 50p direct debits onto my TSB account which I'm switching from into this (as the final TSB £10 bonus was received today) 

    As the 2 x direct debits won't show or be debited for another week or so, does the Barclays account give you the option to select the actual switch date, or do you not get the option.
    No it doesn't let you chose the switch date.
    I just set up a couple of DD on a new Chase account opened just for the switch, so will now wait will there are showing in my Chase account .
    Do you need to wait for the two direct debits on the account your switching from to be debited first, or can you start the switch as soon as they are showing on the account your switching from?
    It really depends on how they define "active direct debits". Nationwide paid me the reward for two direct debits which had been setup before I initiated the switch but each had the first payment taken between then and when the switch actually took place. It's not immediately obvious whether Barclays would reject or accept a similar arrangement but that's what I'll be doing. 
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