Barclays vs iFAST Global Bank: Switch Bonus Comparison
Barclays offers the better net value at £200 vs £0 after fees.
- Open via Barclays app
- Sign up to Blue Rewards
- Full CASS switch with 2 active direct debits
- Pay in £2,000 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%+ Rainy Day Saver on up to £5,000
- Cashback on household bills and partner retailers (with Blue Rewards)
- 2.65% AER on GBP balances
- Multi-currency accounts (USD, EUR, HKD)
- Early salary access (1 business day before payday)
Verdict: Barclays vs iFAST Global Bank
Barclays comes with more perks (4 vs 3), including things like apple tv+.
Frequently Asked Questions
Which has the higher switch bonus, Barclays or iFAST Global Bank?
Currently only Barclays has an active switch bonus. iFAST Global Bank does not have an active offer at this time.
Can I switch to both Barclays 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 and iFAST Global Bank?
The cooling-off periods are: Barclays: 24 months. During this time you cannot switch away without potentially losing your bonus.
Which bank is easier to switch to, Barclays 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.