Barclays Premier vs Santander: Switch Bonus Comparison
Santander offers the better net value at £240 vs £0 after fees.
- £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
- Full CASS switch
- Pay in £1,500 within 60 days
- 2 active household direct debits within 60 days
- Cannot have held a Santander current account on 1 Jan 2025
- Apple TV+
- MLS Season Pass
- 4.36% Rainy Day Saver on up to £5,000
- Premier-level service
Verdict: Barclays Premier vs Santander
Barclays Premier comes with more perks (4 vs 0), including things like apple tv+.
Santander has no income requirement, while Barclays Premier requires £75,000/yr.
Frequently Asked Questions
Which has the higher switch bonus, Barclays Premier or Santander?
Currently only Santander has an active switch bonus. Barclays Premier does not have an active offer at this time.
Can I switch to both Barclays Premier and Santander?
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 Santander?
The cooling-off periods are: Santander: 12 months. During this time you cannot switch away without potentially losing your bonus.
Which bank is easier to switch to, Barclays Premier or Santander?
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.