Best Bank Switch Bonuses UK
Current-account switch bonuses are usually the highest-value beer money offers. Start here if you are happy to use the Current Account Switch Service and can meet the deposit, card-spend and Direct Debit rules.
Latest verification in this list: 27 June 2026
Compact decision table
| Offer | Reward | Key requirement | Payout timing | Main watch-out | Next step |
|---|---|---|---|---|---|
| HSBC | £220 | £2,000 deposit, £500 card spend and 2 Direct Debits | Within 20 days after all terms are met | Excludes anyone who held an HSBC Group account (HSBC or First Direct) recently. | See how to claim → |
| Barclays | £200 | £2,000 deposit within 30 days | Within 28 working days after qualifying | Higher minimum deposit requirement (£2,000) than some competitors. | See how to claim → |
| First Direct | £200 | £1,000 held for 24h, 5 card payments, login, and 2 Direct Debits or standing orders | By the following monthly payout window | Excludes anyone who has ever held a First Direct product. | See how to claim → |
| NatWest | £200 | £1,250 pay-in within 60 days and app or online login | Within 30 days | NatWest Group eligibility rules can block previous NatWest, RBS or Ulster switch customers. | See how to claim → |
| RBS | £200 | £1,250 pay-in within 60 days and app or online login | Within 30 days | NatWest Group eligibility rules can block previous NatWest, RBS or Ulster switch customers. | See how to claim → |
| Ulster Bank | £200 | £1,250 pay-in within 60 days and app login | Within 30 days | NatWest Group eligibility wording needs careful checking. | See how to claim → |
| Santander | £180 | £1,500 pay-in and 2 active household Direct Debits | 60-90 days | Household Direct Debit definition is narrower than generic Direct Debits. | See how to claim → |
| Bank of Scotland | £175 | 3 active Direct Debits transferred with a full switch | Within 14 working days | Needs 3 active Direct Debits, which is stricter than many switch offers. | See how to claim → |
| Nationwide | £175 | £1,000 pay-in, debit card payment and 2 active Direct Debits | Within 10 days | Requires 2 active Direct Debits. | See how to claim → |
How to choose a bank switch bonus
Start with eligibility, not the headline reward. A £220 switch bonus is only useful if you are not blocked by previous-account rules and can complete the pay-in, card-spend and Direct Debit conditions.
Then compare friction. Some offers pay more but need higher deposits, card spending or specific Direct Debits. Others pay slightly less but are faster or easier to complete.
Keep this page as the master checklist, then use the individual offer and comparison pages when deciding which switch to do next.
No-switch bank app alternatives
If you do not want to close and switch an old account, use the Chase, Monzo and Zopa Biscuit referral comparisons instead. They are lower value, but they do not use the full Current Account Switch Service.
Useful no-switch comparisons are linked below.
9 offers listed
Provider
HSBC
Switch to an HSBC current account and get £220 cash after a full switch, 2 Direct Debits, £2,000 paid in, and £500 debit-card spend within 60 days. It is one of the stronger cash offers, but the activity requirements are real.
Requirement: £2,000 deposit, £500 card spend and 2 Direct Debits
Medium15-20 minutesPayout Within 20 days after all terms are met
Verified 27 June 2026
Provider
Barclays
Switch to a Barclays Bank Account for £200 cash after completing the switch and paying in £2,000 within 30 days. The Tesco fuel cashback is a separate app Boost with its own timing and cap.
Requirement: £2,000 deposit within 30 days
Medium15-20 minutesPayout Within 28 working days after qualifying
Verified 27 June 2026 · Ends 27 August 2026
Provider
First Direct
Switch to a First Direct 1st Account for £200 cash. The current boosted route needs a full switch, £1,000 paid in, 5 card payments, online or app login, and 2 Direct Debits or standing orders.
Requirement: £1,000 held for 24h, 5 card payments, login, and 2 Direct Debits or standing orders
Medium15-20 minutesPayout By the following monthly payout window
Verified 27 June 2026 · Ends 15 July 2026
Provider
NatWest
Switch to NatWest for £200 by opening an eligible current account, completing a full CASS switch, logging in, and paying in £1,250 within 60 days.
Requirement: £1,250 pay-in within 60 days and app or online login
Medium15-20 minutesPayout Within 30 days
Verified 26 June 2026
Provider
RBS
Switch to Royal Bank of Scotland for £200 by opening an eligible current account, completing a full CASS switch, logging in, and paying in £1,250 within 60 days.
Requirement: £1,250 pay-in within 60 days and app or online login
Medium15-20 minutesPayout Within 30 days
Verified 26 June 2026
Provider
Ulster Bank
Switch to an Ulster Bank Select account for £200. The current route needs a full CASS switch, app login, and £1,250 paid in within 60 days.
Requirement: £1,250 pay-in within 60 days and app login
Medium20-30 minutesPayout Within 30 days
Verified 26 June 2026
Provider
Santander
Switch to a Santander Everyday, Edge or other eligible current account for £180 after a full CASS switch, £1,500 pay-in and 2 active household Direct Debits.
Requirement: £1,500 pay-in and 2 active household Direct Debits
Medium20-30 minutesPayout 60-90 days
Verified 26 June 2026
Provider
Bank of Scotland
Switch to a Bank of Scotland Classic, Silver or Platinum current account for £175. The route is useful if you can move 3 active Direct Debits and apply before the current deadline.
Requirement: 3 active Direct Debits transferred with a full switch
Medium15-20 minutesPayout Within 14 working days
Verified 26 June 2026 · Ends 4 August 2026
Provider
Nationwide
Switch to a Nationwide FlexDirect current account for £175 after moving 2 active Direct Debits, paying in £1,000 and making a debit card payment.
Requirement: £1,000 pay-in, debit card payment and 2 active Direct Debits
Medium15-20 minutesPayout Within 10 days
Verified 26 June 2026
Related comparisons
HSBC vs First Direct Switch Bonuses
HSBC vs First Direct switch bonuses compared by cash reward, eligibility exclusions, pay-in rules and payout timing.
NatWest vs RBS Switch Bonuses
NatWest vs RBS switch bonuses compared by reward, group eligibility, pay-in requirement and account fit.
Barclays vs HSBC Switch Bonuses
Barclays vs HSBC switch bonuses compared by headline reward, deposit/spend rules, deadlines and payout timing.
Santander vs Nationwide Switch Bonuses
Santander vs Nationwide switch bonuses compared by reward value, Direct Debit rules, pay-in requirement and payout speed.
Chase UK vs Monzo Referral Offers
Chase UK vs Monzo referral offers compared by reward size, account setup, qualifying action and payout friction.
Chase UK vs Zopa Biscuit Referral Offers
Chase UK vs Zopa Biscuit compared by reward, deposit requirement, app-bank setup and payout timing.
Monzo vs Zopa Biscuit Referral Offers
Monzo vs Zopa Biscuit compared by app setup, referral requirement, reward certainty and deposit friction.
FAQ
- What is the best UK bank switch bonus right now?
- The best route depends on whether there is a GetQuids referral path, the headline reward, and whether the eligibility rules fit you. Check whether you have held an account with the same banking group before applying.
- Can I do more than one bank switch bonus?
- Yes, but space applications sensibly and keep track of previous bonuses. Some banks exclude customers who received a bonus from the same group in recent years.