Best Bank Switch Offers UK

Receive £100+ for 10 minutes work

Current Bank Switching Offers

Lloyds Bank - £200 for switching - NEW!

First Direct - £175 for switching (+£36.75 cashback available)

Nationwide - £175 x 3 available for switching

Co-Op - £150 available (payable in 4 chunks)

Other Bank Sign-up Offers (non-switching)

Zing by HSBC - £30 for new customers - INCREASED!

Revolut - £50 cashback for new customers - PAUSED!

Monzo - £5 for new customers

What bank switching is all about

Banks like making money. They make money from having lots of customers, so no doubt they are after as many customers as possible. So much so, that recently banks have started “bribing” people to switch their main current account to them.

This is all part of the current account switch scheme which you can read more about on their website here.

They basically ensure that switching current accounts is easy and stress-free, and usually can be done within 7 days.

Now what’s this about the bonus? Well, if you switch your current account to a new provider they may well offer you a bonus for doing this. In some cases this could be an item of tech, or normally this will be cash.

It’s always worth reading the terms of the switch to make sure that you meet the requirements to receive the bonus, as you could end up missing out based on a technicality. Below we have listed all of the offers which are currently on the market, if you are interested in switching to one of these banks you should contact them with any queries you have:

Get the £££ without switching

You can get these bank switching offers without switching your main bank account. Here’s a blog post explaining how to do so.