Chase Bank £50 switch offer: can you get it?

Some customers can get a £50 Amazon voucher for moving their banking.

So far, bank switch incentives have been limited to the long standing high street operators, but our readers have alerted us to a new deal from Chase Bank. Here’s what you need to know.

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What is the Chase Bank switch offer?

Chase has launched it’s first ever bank switch incentive, with customers who meet the criteria gaining a £50 Amazon voucher.

That’s much lower than the free cash offered by other banks, with the highest amount right now the £185 offered by Club Lloyds, while you can get as much as £310 via the TSB switch if you keep active on the account after the initial switch.

You can only get one voucher for one switch, so there’s repeat switches won’t increase your return. The voucher will be valid for 10 years.

Who can get the Chase Bank switch deal?

Here’s the bad news. It’s not an offer open to all Chase customers. Eligible customers have all been notified by email and in the app on or around 18 July 2025, so if you didn’t get either of these, then you won’t qualify.

Chase wouldn’t tell me how many people have been selected, but did reveal it’s a small number. They’ve also been incredibly quite on the matter, with no social or marketing material used to promote the deal.

The only reason we know about it is because a handful of members of our Facebook community received the promotion and shared it in the group.

How to get the Chase Bank switch cash?

Compared to other bank switching deals, this is as easy as it gets. There’s no requirements for direct debits to be transfered, deposits to be made or debit cards to be used.

It’s simply just using the Current Account Switch Service (CASS) to move an account from a different bank over to Chase, which will close the old account. You can do this by tapping your profile, and then ‘Switch to us’. Then follow the prompts to trigger the switch.

The old account needs to be a personal one – joint or buisiness accounts can’t be switched over. And as with all switch deals, it needs to be a bank that’s part of CASS (which rules out Revolut and Monese).

You need to start the switch by 23:59 on 10 August 2025, and the switch must complete within 14 days of beginning this process.

Make sure you don’t close down your Chase current account before you get the money. If you have more than one current account in your Chase app you can close others (perhaps as dummy switch accounts for other offers) as long as one still remains.

When will you receive the £50 Amazon voucher?

Once the switch is complete you’ll be sent the voucher via email. This can take 30 days following the switch to happen.

Should you switch to Chase?

If you’ve been sent this offer, you might be tempted for an easy £50. If you need the cash then definitely go for it.

Personally, if I was eligible (I’m not), I’d actually hold off. This is essentially a trial by Chase, and they could decide not to roll it out further. So giving it a miss is a risk.

But taking advantage now could rule you out of later offers. I’d rather wait to see if a better promotion comes along at a later date.

And of course if you aren’t already with Chase, then there’s you 100% won’t have been sent the promotion. However, signing up now could get you a 5% savings account for 12 months, along with 1% cashback on some purchases.

Other bank switch offers

If you can’t get his deal, don’t forget there are plenty of other bank switch deals available. We’ve listed them in our guide to the latest bank switch offers, or you can click the links below for full analysis of each one.