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Interesting post-script to this that I stumbled upon while double checking the account switch requirements – a note that Barclays have removed the monthly fee for the Premier bank account (see below). I know there were ways to avoid the fee but a blanket removal is likely better for most:
We’ve removed the Premier Banking fee
In 2022, we said that we’d introduce a £20 monthly fee for Premier Banking, which wouldn’t need to be paid if you met our eligibility criteria.
Since then, we’ve decided that it’s not the right time to introduce a fee for Premier. This means that if you’re unable to meet our eligibility criteria, there will no longer be an option to pay the fee and continue to enjoy Premier benefits. The fee is no longer part of your account terms and conditions, and we’ve updated our tariff to reflect this change.
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