Barclays vs NatWest: Switch Bonus Comparison
NatWest offers the better net value at £250 vs £200 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
- Open a Select or Reward account and complete a full CASS switch
- Pay in £1,250+ within 60 days (can be split; must stay 24 hours)
- Log in to the NatWest mobile app
- No NatWest current account held on 6 May 2026
- No previous NatWest Group switch bonus
- Can't switch from an RBS or Ulster Bank 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)
- £200 paid within 30 days
- Reward account: up to £36/yr rewards (£2/mo fee)
Verdict: Barclays vs NatWest
NatWest offers the higher switch bonus at £250 vs £200.
Barclays has fewer requirements (5 vs 6), making it simpler to qualify.
Barclays comes with more perks (4 vs 2), including things like apple tv+.
NatWest has the better regular saver rate at 7% vs 3.96%.
Frequently Asked Questions
Which has the higher switch bonus, Barclays or NatWest?
NatWest currently offers the higher bonus at £250, compared to £200 from the other bank.
Can I switch to both Barclays and NatWest?
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 NatWest?
The cooling-off periods are: Barclays: 24 months, NatWest: 36 months. During this time you cannot switch away without potentially losing your bonus.
Which bank is easier to switch to, Barclays or NatWest?
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.