Financial expert Martin Lewis has issued an urgent warning to UK banking customers about what he describes as the "biggest ever" bank account deal, which is set to disappear in just six days.
The Countdown Is On
The BBC and ITV star highlighted that Barclays' unprecedented switching incentive, offering a substantial £400 cash payment alongside valuable subscription benefits, will officially conclude on 27 November 2025.
This limited-time promotion for the Barclays Premium current account represents the bank's most generous bonus to date, combining immediate financial reward with ongoing entertainment value through complimentary service subscriptions.
What The Deal Offers
Successful applicants who meet the eligibility criteria will receive the £400 switching bonus paid directly into their new account within 28 working days of qualifying.
Beyond the cash incentive, customers gain access to a complimentary Apple TV+ subscription valued at £9.99 monthly and an MLS Season Pass worth £14.99 per month during the football season.
The package also includes access to a competitive 4.21% savings account with a deposit limit of £5,000, providing multiple avenues for financial benefit.
Eligibility Requirements
This premium offering comes with specific qualification criteria that potential applicants must meet before the 27 November deadline:
Customers must switch to a Barclays Premium current account exclusively through the Barclays app, deposit at least £4,000 within 30 days of account opening, and initiate a full switch from another bank using the Current Account Switch Service.
The account targets higher earners, requiring applicants to have an annual income of £75,000 or more, maintain £100,000 in savings with Barclays, or demonstrate a combination of both financial thresholds.
Additionally, applicants must transfer at least two Direct Debits and complete the entire switching process within the 30-day window. Those who have previously received any Barclays switching bonus are excluded from this offer.
Barclays has confirmed that the Current Account Switch Offer period runs from 7 October 2025 to 27 November 2025, emphasising that the bank reserves the right to amend or withdraw the promotion should circumstances beyond their control arise.
