British savers could access a £1,000 boost
Barclays is offering up to £1,000 to customers who open a Premier account and transfer their cash ISA. Barclays has announced that customers who switch to a Barclays Premier account via the Current Account Switch Service (Cass) will receive a £400 cash incentive.
Once the Premier account is established, there’s an opportunity to earn an additional cash bonus of up to £600 for savers who transfer their cash ISA to a Barclays fixed-rate cash ISA, added the bank. To be eligible for a Barclays Premier account, you must deposit a pre-tax annual income of £75,000 into the account, or hold at least £100,000 in savings or investments with Barclays, or a combination of both.
To qualify for the £400 switching bonus, newcomers must open a Premier Current Account through the Barclays app and complete a full transfer using the Current Account Switching Service. Premier status necessitates either an annual gross income of at least £75,000 or minimum savings of £100,000 in eligible Barclays investments, although a mix of both is also acceptable, reports Birmingham Live.
Applicants must not have held a Barclays current account as of February 17 2026. The ISA transfer incentive offers rewards of up to £600 for customers who transfer a minimum of £10,000 from external ISA providers into one of Barclays’ fixed-term cash ISA products.
Regarding Premier membership, Barclays said: “Discover a world of Premier benefits and perks, with access to exclusive savings rates and mortgage options, 24/7 UK-based support and higher payment limits.”
As a Premier member, you gain entry to a selection of exclusive savings rates on bonds and ISAs as well. Your dedicated Premier Financial Guides team stands ready to assist with life’s significant milestones – from house purchases to future planning or retirement considerations.
Members can also enjoy acclaimed Apple Original programming and cinema with an Apple TV+ membership, valued at £9.99 monthly. Additionally, stream every Major League Soccer fixture with an MLS Season Pass membership, valued at £14.99 per month throughout the season.
