Question 1

How long does the £220 bonus take to arrive?

Accepted Answer

Typically 4-6 weeks after you've completed the switch and met all the qualifying conditions (deposit, spend, Direct Debits).

Question 2

Can I do this if I had a First Direct account before?

Accepted Answer

No. First Direct is part of HSBC Group, so if you've held any HSBC or First Direct account since 1 January 2023, you're not eligible.

Question 3

Do I have to keep the account open after getting the bonus?

Accepted Answer

There's no contractual minimum period stated, but closing immediately after the bonus lands may affect your eligibility for future HSBC offers. Most people keep it open for 3-6 months.

Question 4

How long does the £200 take to arrive?

Accepted Answer

Typically within 28 days of completing the switch and meeting the required account activity (deposit, card payments, Direct Debits).

Question 5

I had an HSBC savings account — am I still eligible?

Accepted Answer

Yes, as long as you've never held a First Direct product and haven't held an HSBC *current account* since 1 January 2018. HSBC savings accounts don't disqualify you.

Question 6

Will switching hurt my credit score?

Accepted Answer

Opening a new account triggers a credit check, but using CASS to switch is routine. Any impact is usually minor and short-lived.

Question 7

When does the £200 bonus arrive?

Accepted Answer

Typically within 4-6 weeks of completing the switch and meeting the £2,000 deposit requirement.

Question 8

How do I activate the Tesco fuel cashback?

Accepted Answer

Once your account is open, go to the Barclays app and activate the offer in the 'Barclays Boost' section. You then get 5% back (up to £10/month) on Tesco fuel purchases.

Question 9

What happens if I miss the 27 August deadline?

Accepted Answer

You won't be eligible for the £200 bonus. Barclays switch offers typically refresh every few months, so a new offer may appear later.

Question 10

What Chase UK referral code should I use?

Accepted Answer

Use referral code FKMMJB in the Chase UK app after opening your account.

Question 11

How do I get the £50 Chase referral bonus?

Accepted Answer

Open a Chase UK account, activate code FKMMJB in the app, and pay in at least £1,000 within your first 30 days.

Question 12

Do I need to switch my bank account to Chase?

Accepted Answer

No. The referral instructions only require opening a Chase account, activating the code, and paying in £1,000 within 30 days.

Question 13

How do I get the Zopa Biscuit £20 referral bonus?

Accepted Answer

Use the referral link, open a Biscuit bank account, and deposit at least £200 within 30 days.

Question 14

When does the Zopa Biscuit referral offer end?

Accepted Answer

The referral screen says to share the referral link before 29 June 2026.

Question 15

When is the £20 reward paid?

Accepted Answer

The referral screen says both people receive £20 in their accounts within 30 days after the friend meets the qualifying conditions.

Question 16

What invite code should I use for Monese?

Accepted Answer

Use invite code CHUNW869 during sign-up, or download the app through the referral link on this page.

Question 17

Do I need to switch my bank account to Monese?

Accepted Answer

No. This is a referral sign-up offer, not a Current Account Switch Service bonus.

Question 18

When do I get the Monese referral reward?

Accepted Answer

The reward is paid after you meet Monese's current qualifying spend requirements. Check the in-app terms when signing up, as referral conditions can change.

Question 19

How long does the £5 take to arrive?

Accepted Answer

Usually within 24-48 hours of making your first card payment.

Question 20

Do I have to switch my main bank account?

Accepted Answer

No. This is just a sign-up bonus, not a switching bonus. You can keep your existing bank account and use Monzo as a secondary account.

Question 21

What counts as a 'payment'?

Accepted Answer

Any purchase or transaction using your Monzo card — even a £1 coffee qualifies.

Question 22

What's the current referral bonus?

Accepted Answer

Revolut's referral bonuses change frequently. Check the current offer in the app after signing up — it could be cash, free months of premium, or other rewards.

Question 23

Is Revolut a real bank?

Accepted Answer

Revolut has a UK banking license and deposits up to £85,000 are protected under FSCS. It's a fully regulated digital bank.

Question 24

Do I need to pay for a subscription?

Accepted Answer

No. The Standard plan is completely free with basic features. Premium/Metal tiers offer extra perks for a monthly fee.

Question 25

What is the Wise referral link?

Accepted Answer

Use https://wise.com/invite/ilpc/chunk4 to sign up through this Wise referral.

Question 26

How much is the Wise referral bonus?

Accepted Answer

Wise referral rewards can vary by promotion, so check the live terms shown during sign-up before relying on a specific amount.

Question 27

Do I need to switch my bank account to Wise?

Accepted Answer

No. Wise is a money account and international transfer service, not a Current Account Switch Service bonus.

UK Bank Switch Bonuses

HSBC

First Direct

Barclays

Chase UK

Zopa Biscuit

Monese

Monzo

Revolut

Wise