Barclaycard vs Lloyds Premier: Switch Bonus Comparison
- Full CASS switch required
- Pay in £5,000/month (or hold £100k+ in Lloyds savings/investments)
- Full CASS switch with 3 active direct debits
- Spend £200 on debit card within 35 days
- Account opened on or after 24 Feb 2026
- Bupa Family GP & Wellbeing subscription
- 1% debit card cashback (up to £10/month)
- Disney+ Standard with Ads (or cinema tickets/lifestyle benefit)
- 0.2% mortgage discount
- 6.25% Regular Saver
Verdict: Barclaycard vs Lloyds Premier
Barclaycard has no monthly fee, while the other charges £15/month.
Lloyds Premier comes with more perks (5 vs 0), including things like bupa family gp & wellbeing subscription.
Barclaycard has no income requirement, while Lloyds Premier requires £60,000/yr.
Frequently Asked Questions
Which has the higher switch bonus, Barclaycard or Lloyds Premier?
Neither Barclaycard nor Lloyds Premier has an active switch bonus at the moment. StoozeMax checks daily and will show one here as soon as either bank launches an offer.
Can I switch to both Barclaycard and Lloyds Premier?
Yes, you can switch to both banks, but you need to do them one at a time using the Current Account Switch Service (CASS). Complete one switch, wait out the cooling-off period, then switch again to the second bank.
How long is the cooling-off period for Barclaycard and Lloyds Premier?
Cooling-off period data is not currently available for these banks. Check the individual bank pages for the latest information.
Which bank is easier to switch to, Barclaycard or Lloyds Premier?
Both banks use the Current Account Switch Service (CASS), which makes the process straightforward. The main differences are in specific requirements like minimum pay-in amounts, number of direct debits, and whether you need to use their app. Check the requirements comparison above for full details.