Bank Switch
Offers
The best current account switching bonuses available in the UK right now. Earn up to £200 per switch. Eligibility criteria and terms apply. Always check directly with the provider before switching.
£200
Top standard bonus
5
Active offers
£930
Max stackable
Disclaimer. These might not be up to date. I do my best to update the offers as they come and go; however, that might not be accurate, so please check the terms and conditions with each individual offer to make sure it is still active before you decide to take advantage of it. This page is for informational purposes only and does not constitute financial advice.
Anyone can claim these
First Direct
What you get
- Rated 92% 'great' in customer service polls — consistently the UK's top-rated bank
- 7% fixed regular saver — deposit up to £300/month for one year
- Most customers get a £250 interest-free overdraft (subject to credit check)
- Fee-free overseas spending with near-perfect exchange rates
Requirements
- Never held a First Direct account before
- No HSBC current account opened since January 2018
- Open via app (or online for a joint account)
- Switch in an account with 2+ Direct Debits or standing orders within 45 days
- Pay in at least £1,000 within 45 days
- Make at least 5 debit card payments within 45 days
💡 TopCashback tip: sign up to TopCashback first and open your First Direct account through their platform — you may be eligible for the TopCashback welcome bonus on top of the £200 switch bonus.
NatWest Reward
What you get
- £5/month cashback when you meet requirements — net gain of £36/yr after the £2/month fee
- 5.25% variable linked regular saver — save up to £150/month up to a max pot of £5,000
- No direct debit count requirement for the switch bonus itself
Requirements
- No previous NatWest, RBS or Ulster Bank switch bonus
- No NatWest current account open on or after 6 May
- Open an account and complete a full CASS switch online or via app
- Pay in at least £1,250 within 60 days
- Log into mobile banking within 60 days
💡 The fee-free Select Account also qualifies for the bonus but has no cashback. RBS Reward Account is identical if you prefer that brand.
Santander Edge
What you get
- 1% cashback up to £10/month on household bills paid by Direct Debit (council tax, energy, water, broadband, mobile)
- 6% variable linked saver for one year on up to £4,000
- Fee-free overseas spending with near-perfect exchange rates
- £3/month account fee — recouped quickly if you use the bills cashback
Requirements
- No previous Santander switch bonus
- No Santander current account on 1 Jan 2025
- Open an account online or in branch
- Switch in an account within 60 days
- Pay in at least £1,500 within 60 days
- Set up at least 2 Direct Debits within 60 days
💡 The fee-free Everyday Account also qualifies for the bonus but has no cashback or saver. Edge Up (£5/month) raises the cashback cap to £15/month if you have higher bills.
Nationwide FlexDirect
What you get
- 5% in-credit interest on balances up to £1,500 for the first year (worth up to £75)
- 1% debit card cashback for 12 months, up to £5/month, when you pay in £1,000+
- 6.5% variable linked regular saver — up to £200/month for one year
- Most customers get a £50 interest-free overdraft
Requirements
- No Nationwide switch bonus since 2021 (exception: switching between sole and joint account)
- Switch in an account with 2+ Direct Debits within 28 days of opening
- Pay in at least £1,000 within 31 days of opening
- Make at least one debit card payment within 31 days of opening
💡 The FlexPlus account (£18/month) includes travel, breakdown and mobile insurance — the £175 bonus effectively makes it free for around 8 months.
Bank of Scotland Classic
What you get
- 5.5% fixed regular saver — up to £250/month for one year
- No minimum monthly pay-in — the lowest-friction switch on this list
Requirements
- No Bank of Scotland, Lloyds or Halifax switch bonus since 1 Jan 2023
- Open a new Bank of Scotland Classic account
- Switch in an account with 3+ active Direct Debits by 29 Jun
💡 No spending requirements, no minimum pay-in. A good option if you just want a clean £175 with minimal ongoing commitment.
Premier bonuses
These accounts require a high income or significant savings, but offer bigger switching bonuses as a result.
Lloyds Premier
Requirements
- Open a Lloyds Premier account during the offer period
- Switch a current account with at least 3 Direct Debits
- Spend at least £200 on the debit card
- Pay in at least £5,000 in the first full calendar month, or hold £100,000 in savings/investments with Lloyds
- No Lloyds, Halifax or Bank of Scotland switch bonus since January 2023
Barclays Premier
Requirements
- Open a Barclays Premier account through the app
- Pay in at least £4,000 within 30 days
- Start a full CASS switch with at least 2 Direct Debits
- Switch must complete within 30 days
NatWest Premier
Requirements
- Open a NatWest Premier Reward account
- Complete a full CASS switch
- Pay in at least £5,000 within 60 days of the switch
- Log into the mobile app within 60 days
HSBC Premier
Requirements
- Open a new HSBC Premier account
- Switch your current account within 90 days
- Have a qualifying salary paid into the account, or hold £100,000 with HSBC
Not sure how to switch?
Read the full Bank Switching 101 guide. It covers the dummy account strategy, how to set up direct debits, and how to run multiple switches at once.