Barclays has launched a new current account switch offer, paying £200 if you make the move by 27 August.

The deal shoots the bank up the table of the top switch bribes to join First Direct and NatWest, which are also paying £200.

There aren't many hoops to jump through to bag the cash. You need to be new to the bank, and can't have taken a switch incentive from it in the past.

Then you must use the current account switch service (Cass) after opening an account to complete the move and pay in £2,000 within 30 days.

If you can switch to Barclays Premier instead – which requires a gross annual income of £75,000 or more or at least £100,000 in savings or investments – then the bank is offering a 'unique' experience incentive worth up to £600.