Barclays £200 switch offer for opening a Bank Account (10/03/2026 to 28/05/2026)

funkin

Just got my text saying I qualify. My timelines were:

19 Mar - Account opened via app.

26 Mar - I deposited (transferred) 2k. Then transferred it all out again the same day.

7 Apr - Switch complete - a balance transfer of a few quid came across - enough for a couple of (30pence.co.uk) direct debits I had set up on the account I switched from.

22 Apr - Two DD's came out (I kept them active on the account just to be on the safe side).

1 May - Text received ("…You'll get your bonus payment in the next 10 days…")

SirHugo

Also had a text today about 4pm saying I qualify for the switch offer and I'll get the bonus payment in the next 10 days.
I opened the account via the app on the 8th April.
Paid my £2k in next day which was a bit stupid as the app wouldn't let me set up a new payee so the money was stuck there for 5 days. It was a week before I could log into online banking as well.
The switch completed on the 16th April and the 2 direct debits should be paid next week.

superleeds27

Account switched over today from Santander. 2k paid in. Will withdraw it back tomorrow.

Time to play the waiting game…

maximise

I've opened the barclays current account, Weds 6 May, new card arrived,

I've set up 2x direct debits, moneybox, paypal, on an old halifax account, they are now showing in online banking, although the payments haven't actually gone through yet. I added a plum direct debit today.

in the barclays app, I've found the switch option in products and services, but there's no mention of the £200 bonus.

should I wait until they go through, or do you think the old account is ready to be switched. Thanks

eastcorkram

https://forums.moneysavingexpert.com/discussion/comment/81996167#Comment_81996167

At no point in the process, did I see any mention of the bonus, until after everything was done. Then they sent a message saying I had qualified for it, and would receive it in the next ten days. I then received it three days later.

subjecttocontract

Well I've read the terms & conditions, concluded from them that I do qualify for the switch bonus and expect to receive it within the time frame that Barclays specify. I'm totally amazed that they allow people like me to qualify as I was a Barclays customer up to October '23. I'll be off again as soon as I get the £200 bonus..…unless they have an amazingly attractive product offering. Yes I know, it's all very mercenary isn't it but I'm only doing what many others will also do. But, hey ho, dont look a gift horse and all that.

juw8e7

Do you have to wait for the switch to go through before transferring in £2000?

I never even received an email to say that the account had been set up successfully. Is that normal?

How long does the bonus usually take to be paid from those that have received it already?

Thanks.

eastcorkram

https://forums.moneysavingexpert.com/discussion/comment/81998917#Comment_81998917

I seem to remember with mine that they didn't notify me straight away. In my limited experience of them, they don't do anything promptly.

subjecttocontract

I applied to switch on 12/5......They informed me it would be completed by 18/5......so, that's what I'm expecting. I will check on the 19/5 to confirm it's done. I don't need notification.

j813ys

I started switch, transferred in, completed switch. Not heard a thing about my reward yet.