Some customers can get a £100 Amazon voucher for moving their salary.
So far, bank switch incentives have been limited to the long standing high street operators, but there’s now 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 proper switch incentive, with customers who meet the criteria gaining a £100 Amazon voucher. It follows a trial in the summer where selected customers were offered £50 for switching.
The £100 on offer is much lower than the free cash offered by other banks, with the highest amount right now the £200 offered by Club Lloyds, and many more offering £175.
You can only get one Amazon voucher per customer, so repeat switches won’t increase your return. The voucher will be valid for 10 years.
Who can get the Chase Bank switch deal?
All new Chase customers from 29 September 2025 are able to get the deal. You’ll also be able to get a boosted savings rate for 12 months and 1% cashback on some spending.
Sadly it doesn’t look like it’s an offer open to all existing Chase customers. We reached out to Chase to find out whether there is a selection criteria and who will be eligible. Though they didn’t break down who will have been selected, they did say all eligible customers will have been sent an email about the offer.
Those who took advantage of the summer’s £50 offer won’t be able to also claim this offer.
In both instances, new and eligible existing customers also need to receive a monthly income of £1,500, and move that to be paid into your Chase account.
How to get the Chase Bank switch cash?
There are two ways to get the incentive – and one doesn’t even require you to switch bank!
The first option is to ask your employer or pension provider to change the bank you receive your salary in to your Chase account.
Alternatively you can switch your existing bank where your salary is paid over to Chase using the Current Account Switch Service. This will close your old account at the other banks. The switch must be completed within 14 days of starting the process.
There are some conditions when it comes to the “income payment”, whichever method you choose. The £1,500 needs to be paid into your account in two consecutive months, so either October and November or November and December 2025.
What counts as an “income payment”
Chase state in the terms and conditions that an income payment is a BACs payment sent by the same party. So that can be your salary or pension.
You don’t have to receive the payment in one go, so if you’re paid weekly or fortnightly, that’ll be ok too – as long as the total is reached or exceeded within a calendar month.
However, if you have multiple jobs and therefore multiple payments from different places, they won’t both count towards the £1,500 required each month.
But that’s it. Compared to other bank switching deals, this is as easy as it gets. There’s no requirements for direct debits to be transferred, deposits to be made or debit cards to be used.
You can switch by tapping on your profile in the app (top left corner), 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).
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.
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When does the Chase offer end?
You need to have had your first month of salary paid into the account by the end of November, so that means you’ll want to start the by switch mid-November at the latest.
Remember, switching takes seven working days, so you need to make sure it can complete before your pay day to ensure the payment goes towards the offer.
When will you receive the £100 Amazon voucher?
You’ll be send the voucher within 30 days of the 31 December 2025. it’ll go via email to the address used on your Chase account.
Should you switch to Chase?
If you’ve been sent this offer, you might be tempted for an easy £100. If you need the cash then definitely go for – it’s much better than the £50 available in the summer.
But it’s less than what other banks provide for switching. And taking advantage now could rule you out of later offers from Chase. So you might want to wait and see.
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.
