By Fionnuala Boyle,Ryan Price

Copyright dailyrecord

With the pricey summer holidays behind us and the prospect of Christmas gift-giving and nights out ahead of us, Brits might be looking for any way to reduce their cash output and save a bit of dosh where they can. It may be music to some people’s ears, then, to hear that Barclays has unveiled a new offer that could see some customers pocketing up to £900 in cash bonuses if they switch both their current account and Isa savings. On Tuesday, October 7, the bank rolled out a new current account offer, presenting a £200 cash reward for new customers who switch to its bank account with blue rewards. Additionally, a £400 cash reward was introduced for new customers switching to a premier account. The offer is valid for switches made between October 7 and November 27. To be eligible, customers must open a Barclays current account or premier current account using the Barclays app, reports the Manchester Evening News . Those opening a current account will need to join the blue rewards scheme for £5 a month, which offers benefits such as cashback on spending, enhanced savings rates and an Apple TV+ subscription. They must also carry out a “full switch” in the app, including at least two active direct debits. To receive the cash bonus, they must deposit at least £2,000 into their new Barclays current account or £4,000 into a new premier current account within 30 days of opening. The switch must be finalised through the Current Account Switch Service (Cass). Customers will receive their £200 or £400 switching bonus within 28 days of meeting the eligibility criteria, paid directly into their account. To be eligible for premier banking, customers must either have a gross annual income of at least £75,000 or maintain a total balance of at least £100,000 in savings with Barclays in qualifying investments, or a combination of both. Those who will not qualify for the current account switch cash offer include customers who already have an open current account with Barclays as of October 7; those who have previously taken advantage of a switching offer from Barclays; individuals opening a joint account; under-18s; and customers residing outside the UK . In addition to the current account offer, customers who make the switch from October 7 may be eligible for extra cash bonuses by transferring their Isa savings. The Isa cash reward is up to £500 per customer. This means that someone fully utilising the Barclays offers could receive £900 in rewards. To earn an Isa transfer reward under Barclays’ offer, an individual would need to either already hold or open a Barclays current account and then use the Isa transfer-in service to move a minimum of £25,000 to one of Barclays’ cash Isa products. The reward customers receive will depend on the amount transferred . Customers transferring between £25,000 and £49,999.99 will receive £100; those moving between £50,000 and £99,999.99 can get £200 and those transferring over £100,000 will receive £500. These steps must be completed by November 28 to receive the Isa reward. To access Barclays’ Isa transfer service, customers can choose the “transfer-in an existing Isa” option through the app or online banking, or they can pop into a branch . The reward payment will be credited to the customer’s Barclays current account within 60 business days after completing their final eligible transfer or 60 business days after November 28, whichever comes first, the bank confirmed.