Barclays has launched two new reward offers for customers, giving them the chance to earn up to £750. Customers can land up to £600 by transferring an ISA balance to a Barclays account, and up to £150 by taking out a new life insurance policy, provided they meet the specified eligibility criteria.
Both offers run from September 8 to November 25, 2026. It comes after new research from the Barclays showed that only 24% believe they have adequate life insurance cover. The bank said the offers are designed to encourage customers to strengthen their financial resilience. It added: “Both savings and life insurance can play an important role in helping people prepare for life’s most difficult moments, by providing financial security and support for loved ones in the event of death or terminal illness.”
Cash ISA transfer reward offer
Customers who transfer an ISA balance from another provider to Barclays using the ISA transfer-in service could receive between £50 and £600.
To qualify, customers must either hold or open a Barclays current account or a Barclays Premier Current Account. Additionally, they must use the ISA transfer-in service during the offer period to transfer at least £10,000 from a non-Barclays ISA into a Barclays fixed-term single access cash ISA or a Premier triple access flexible cash ISA.
It should be noted that fixed-rate ISAs may have limited access during the term, so it’s important to check account terms.
The reward amount is based on the total ISA balance transferred within the offer period:
Transfers between £25,000 and £49,999 earn a £100 reward for both standard Barclays current account customers and Barclays Premier Current Account customers.
Transfers between £50,000 and £99,999 earn a £200 reward for both standard Barclays current account customers and Barclays Premier Current Account customers.
Transfers of £100,000 or more earn a £200 reward for standard Barclays current account customers, whereas Premier Current Account customers receive a £600 reward.
Life insurance reward offer
Customers who apply for either Barclays Simple Life Insurance or Life Insurance for mortgage protection and take out a policy within six months of submitting their application may be eligible for £100. To qualify, customers must hold a Barclays current account and obtain a new life insurance policy with a minimum monthly cost of £10.
Customers could receive £150 if they hold a Premier Current Account and take a new life insurance policy with a minimum monthly cost of £12.50.
To qualify, customers must apply for the policy during the offer period, start the policy within six months of submitting their application, hold the policy for at least 12 months after the policy start date, and make all monthly payments.
