The best cash incentives available when you switch banks right now
We’ll update this page as new offers appear, though you should check the terms and conditions at each bank before you begin to ensure they haven’t changed.
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- Bonus£15
- RequirementSubscribe to our newsletter
- Minimum spend£10
- Offer details Subscribers of our weekly newsletter can get a an exclusive £15 first-time bonus when they spend £10. You’ll also get the cashback offered by the retailer on top
- How to get the bonus Once you sign up, you’ll need to click on the sign-up confirmation email that will be sent immediately. If you don’t see it please check your spam folders as it could be there, and then add our email address to your safe senders list. Then, look for a special email that will be sent to you with the exclusive Quidco sign-up link. Make sure to read the terms and conditions on Quidco’s website before making your first purchase to ensure it tracks
- Offer expiry This offer is due to end 31 March 2026, but will hopefully be extended
- Switch bonus£180 + £30 Amazon gift card
- Offer endsUnknown
- FSCS Protected? Yes
- Switch bonus requirements Switch using the Current Account Switch Service and close your old account within 60 days of starting the switch
- Deposit requirements Deposit £1,500 in the first 60 days from opening the account
- Direct debits transferred over Set up two Direct Debits before or after the switch from a selected list of household bills
- Existing customers? Can't have held any Santander current account on 1 January 2025
- Restrictions Can't have received a switching bonus from Santander already, offer limited to once per person
- Eligible accounts Open a new or hold an existing Everyday, Edge, Edge Up or Edge Explorer current account
- £30 Amazon gift card requirements You need to make five debit card transactions within 30 days of opening the account to get the £30 Amazon gift card
NatWest £200 switch offer
- Switch bonus£200
- Offer endsUnknown
- Extra perksUp to £36 rewards a year
- FSCS Protected? Yes
- Bonus requirements Switch using the Current Account Switch Service, close your old account and log on to online or app banking within 60 days of switching
- Deposit requirements Pay in £1,250 within 60 days of switching
- Bonus paid Within 30 days of meeting criteria
- Existing customers? No
- Restrictions Offer is limited to once per person, cannot have ever received a switching bonus from RBS, Ulster or Natwest and cannot have had a current account on 6 May 2026
- Eligible accounts Reward, Select or Premier Reward, Premier Select
RBS £200 switch offer
- Switch bonus£200
- Offer endsUnknown
- Extra perksUp to £36 rewards a year
- Bonus paid Within 30 days of meeting criteria
- Bonus requirements Switch using the Current Account Switch Service, close your old account and log on to online or app banking within 60 days of switching
- Deposit requirements Pay in £1,250 within 60 days of switching
- Eligible accounts Reward, Select or Premier Reward
- Existing customers? No
- FSCS Protected? Yes
- Restrictions Offer is limited to once per person, cannot have ever received a switching bonus from RBS, Ulster or Natwest and cannot have had a current account on 6 May 2026
Barclays £200 switch offer
- Switch bonus£200
- Offer ends28 May 2026
- Extra perksFree Apple TV
- FSCS Protected? Yes
- Bonus paid Barclays will text you when you’ve met the conditions, then you’ll get the switch reward within 45 working days
- Eligibility Pay at least £2,000 into your new Barclays Current Account within 30 days of opening
- Direct debits transferred over Must be completed through the Current Account Switching Service, which moves all payments to a new account within seven working days and closes their old account on the switch day they choose, transferring any money to their new account
- Existing customers? Only available to new current account customers who download the Barclays app who are also UK residents
- Eligible accounts Current account with Blue Rewards
first direct £175 switch offer
- Switch bonus£175
- Offer endsUnknown
- FSCS Protected? Yes
- Bonus requirements Switch using the Current Account Switch Service, close the old account and use your debit card five times and log into online banking in the first 45 days
- Deposit requirements Pay in £1,000 within 30 days of opening the account (and leave it there for 24 hours)
- Direct debits transferred over Move two direct debits or standing orders from your old bank
- Existing customers? No
- Restrictions You can't have or have ever had a First Direct account or have opened an HSBC account since 1 January 2018. Offer limited to once per person
- Cashback requirements Extra £35 if you apply via cashback site Quidco or TopCashback (rates vary)
HSBC Premier £500 switch offer
- Switch bonus£500
- OfferUnknown
- Extra perkWorldwide travel insurance and private GP for the family
- RequirementsIncome or savings of £100k
- FSCS Protected? Yes
- Offer details Open a Premier account after 23 March 2026 and switch using the Current Account Switch Service with a salary of £100k+; and/or transfer £100k+ of savings/investments, and maintain your balance for 3 months
- Eligibility Meet one of the following criteria: Have an individual annual income of at least £100,000, and pay it into your HSBC Premier Bank Account, have savings or investments of at least £100,000 with HSBC in the UK, or already qualify for HSBC Premier in another country.
- Travel insurance HSBC Premier gets you Worldwide Travel Insurance for your whole family.
- Mortgage benefit Preferential mortgage rates, and some higher-net-worth customers can get additional international support.
- Healthcare benefits Includes digital GP access, a second medical opinion, specialist advice, remote physiotherapy, mental health support and a health check kit to test over 20 key markers. This is for the whole family, including you, your partner and any dependents under 23. It’s also got Cancer Bereavement Cover, which pays out £2,000 if you pass away from a cancer related cause.
NatWest £250 switch offer
- Switch bonus£250
- Offer endsUnknown
- Extra perk£500 interest free overdraft
- FSCS Protected? Yes
- Bonus requirements Apply for a Premier account and request to switch an account with another bank to us using the Current Account Switch Service
- Deposit requirements You need to deposit £5,000 within 60 days of opening the account and log into the mobile app
- Eligibility To be eligible for the account you need to have a minimum of £100k sole income or £120k joint income paid into your NatWest account, minimum of £100k savings or investments held with NatWest or a minimum £500k mortgage with NatWest
- Existing customers? You can't have received a switch offer before and can't have held a NatWest current account or savings account as of 10 March 2026
- Savings rate4.5% AER variable for 12 months
- Offer endsUnknown
- Cashback1% cashback on select debit card spend
- FSCS Protected? Yes
- Important details Chase current account: 18+, UK residents. Eligibility applies. 1% cashback on debit card spending on groceries, everyday transport & fuel for your first year. Max £15 per month. Exceptions apply. May be changed or withdrawn.
- Boosted saver Linked savings account for new Chase current account customers, available for your first 31 days. 4.5% AER (4.41% gross) variable for 12 months, including 2.25% AER 12-month bonus on top of the standard saver rate. Available to new current account customers for your first 31 days. May be withdrawn. Interest paid monthly. T&Cs: chase.co.uk
- Fees Fee-free current account. Zero fees from Chase when spending at home or abroad
- Account features Essential money management features
- Customer service Provides 24/7 customer support
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Plus, new Quidco customers get a high paying £15 welcome offer

More on bank switch offers
About bank switching
Bank switching doesn’t need to be scary, and once you get the hang of it you can make some decent cash! Here’s everything you need to know to get started.
How to switch bank
You can switch bank for a number of reasons, but the main benefit is an effective cash bribe that banks offer to get you to choose them.
Here are the basics to get you started.
Switch bank like a pro
Once you’ve switched for free cash, you can keep going!
We’ve shared the things you need to know first, and what you can do to make it even easier.
The best extra ‘dummy’ accounts
You don’t actually need to switch your main current account.
Instead you can set up a new one just for switching! Here’s how
Cheap extra direct debits
Some switch offers require you to have a handful of active direct debits to transfer over.
If you don’t have enough, then we’ve some hacks to help you set up new ones quickly that won’t require you to pay for anything.
- Switch bonus£180 + £30 Amazon gift card
- Offer endsUnknown
- FSCS Protected? Yes
- Switch bonus requirements Switch using the Current Account Switch Service and close your old account within 60 days of starting the switch
- Deposit requirements Deposit £1,500 in the first 60 days from opening the account
- Direct debits transferred over Set up two Direct Debits before or after the switch from a selected list of household bills
- Existing customers? Can't have held any Santander current account on 1 January 2025
- Restrictions Can't have received a switching bonus from Santander already, offer limited to once per person
- Eligible accounts Open a new or hold an existing Everyday, Edge, Edge Up or Edge Explorer current account
- £30 Amazon gift card requirements You need to make five debit card transactions within 30 days of opening the account to get the £30 Amazon gift card
Does bank switching affect your credit score?
We love bank switching, but there are some situations when switching could hurt your credit report.
Here’s what you need to consider before switching if you’re worried about your score.
Debit card ‘spend’ hack
You might find a switching deal or current account reward requires you to spend regularly with your new debit card.
That’s not hard – but we’ve a way you can do this and still earn cashback on your spending from a different card.

The best rated current accounts
Thousands of customers have left current account reviews over on our sister site Smart Money People.
Find out which current accounts they rate – and the ones they don’t.








