Barclays Premier vs iFAST Global Bank: Switch Bonus Comparison
Barclays Premier offers the better net value at £400 vs £100 after fees.
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- £75k+ annual salary or £100k+ in Barclays investments
- Full CASS switch via Barclays app with 2 active direct debits
- Pay in £4,000 within 30 days
- Cannot have held a Barclays current account on or before 17 Feb 2026
- Switch salary/pension via Bacs Direct Credit (not CASS)
- Receive at least 1 payment between 1 Feb – 30 Apr 2026
- No need to close existing account
- Apple TV+
- MLS Season Pass
- 4.36% Rainy Day Saver on up to £5,000
- Premier-level service
- 2.65% AER on GBP balances
- Multi-currency accounts (USD, EUR, HKD)
- Early salary access (1 business day before payday)
Verdict: Barclays Premier vs iFAST Global Bank
Barclays Premier offers the higher switch bonus at £400 vs £100.
iFAST Global Bank has fewer requirements (3 vs 4), making it simpler to qualify.
Barclays Premier comes with more perks (4 vs 3), including things like apple tv+.
iFAST Global Bank has no income requirement, while Barclays Premier requires £75,000/yr.
Frequently Asked Questions
Which has the higher switch bonus, Barclays Premier or iFAST Global Bank?
Barclays Premier currently offers the higher bonus at £400, compared to £100 from the other bank.
Can I switch to both Barclays Premier and iFAST Global Bank?
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 Barclays Premier and iFAST Global Bank?
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, Barclays Premier or iFAST Global Bank?
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.