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Switch your bank and claim free cash rewards! We update this list regularly with the best UK bank switching offers for 2025.
Check your bank switch eligibility
Select your bank to find out if it supports the Current Account Switch Service (CASS).
About CASS
The Current Account Switch Service (CASS) is a free service that makes switching bank accounts simple, reliable and stress-free. It automatically transfers your payments and redirects any payments made to your old account.
What Are Bank Switching Bonuses?
Switching banks isn’t just about finding better interest rates or customer service—it’s also a great way to earn free money. Many UK banks offer generous cash bonuses to new customers who switch their current account using the Current Account Switch Service (CASS).
How Does Bank Switching Work?
The process is simple:
Choose an eligible bank offer – Most bonuses require you to open a new current account with a specific bank.
Use CASS to switch – The Current Account Switch Service ensures a hassle-free transfer of direct debits, standing orders, and salary payments.
Meet the offer conditions – Some deals require you to pay in a certain amount, set up direct debits, or stay with the bank for a set period.
Receive your free cash – Once the requirements are met, the bank deposits the bonus directly into your account.
Why Do Banks Offer Free Money for Switching?
Banks compete for new customers, and offering a switching bonus is a way to attract account holders. By switching, you can take advantage of these incentives while also exploring better banking benefits, such as higher interest rates, cashback rewards, or premium features.
Who Can Benefit from Bank Switching Offers?
Bank switching bonuses are ideal for:
✅ Anyone looking to earn extra cash with minimal effort
✅ Savvy savers who want to maximise financial perks
✅ People who aren’t tied to their current bank and are open to better deals
Need More Help?
👉 Check out our full bank switching guide here
👉 Set up a ‘dummy bank account’ for switching here
👉 Set up a quick direct debit here
👉 Get paid multiple times for switches here
Latest switch offers
- £220HSBC - Get £220 to switch your current accountHSBC are offering a £220 cash bonus when you open a new HSBC Bank Account and switch your existing current account to them.
- £105Starling - Get a FREE SURI Pro 2.0 Toothbrush Worth £105Starling is one of the UK’s best-known app-based banks. Their latest switching offer gives new customers a FREE SURI Pro 2.0 electric toothbrush and UV clean-and-charge case worth £105 when switching an existing current account to Starling.
- £300Co-op - Get paid up to £300 to switch your accountCo-operative Bank are offering a £300 switch bonus when you switch bank account to them.
- £175Nationwide - Earn £175 when you switch banksNationwide is the world’s largest building society, with over 16 million members and a reputation for rewarding loyalty. This £175 switch offer is exclusively for existing Nationwide customers.
- £175First Direct - Earn £175 when you switch banksFirst Direct is a telephone and internet based retail bank division of HSBC UK Bank plc based in the United Kingdom. Switch banks now and get a £175 bonus.
- £200RBS - £200 when you switch current accountThe Royal Bank of Scotland is a major retail and commercial bank in Scotland. Right not you can get a £200 bonus when you switch banks to RBS.
- £200NatWest - Get paid £200 to switch your accountNatWest Group is a leading banking and financial services group in the UK and Ireland. Right now, you can get a £200 bonus when you switch banks to Natwest.
- £240Santander - Get paid £240 to switch your accountSantander UK plc is a British bank, wholly owned by the Spanish Santander Group. Right now if you switch to a Santander Everyday current account you will get a £240 bonus.
Frequently asked questions
Do I have to transfer the required amount all at once, and does it matter if I pay money in before my switch is complete?
No, you don't need to transfer the entire amount in one go, and it doesn't matter if you deposit funds before completing your switch. As long as the total deposited meets the required threshold and is within the specified deadline, you're eligible.
The switch I want to do requires a direct debit. What are good direct debits that I can use?
Setting up direct debits is often a requirement for switching bonuses. Some options include:
Charitable Donations: Setting up small monthly donations to charities.
Subscription Services: Using services like Netflix or Spotify as direct debits.
Savings Accounts: Automating transfers to savings accounts that allow direct debit setups.
For a comprehensive list of easy-to-set-up direct debits, refer to this dedicated post.
Alternatively, you can set up a quick direct debit with us here.
I need to switch 'active' direct debits. Does a payment need to have been taken before I switch?
According to Nationwide, an ‘active direct debit’ is one that has been set up or had a payment taken from it in the past 13 months. Therefore, it's not necessary for a payment to have been taken before you initiate the switch (*unless specified).
How does the Current Account Switch Service (CASS) work?
The Current Account Switch Service (CASS) is designed to make switching bank accounts simple and hassle-free. It ensures that all your payments (like direct debits and standing orders) move to your new account, and any payments sent to your old account are redirected. The switch is typically completed within seven working days.
Can I switch my main bank account, or should I use a secondary account?
It's advisable to leave your main bank account untouched, especially for credit score purposes. Instead, consider switching a secondary account or opening a new account specifically for the purpose of switching. Many banks allow you to set up multiple current accounts, providing flexibility in this strategy. Here’s a full guide on how to create a ‘Dummy Bank Account’.
How often can I switch bank accounts to receive bonuses?
While there's no official limit to how often you can switch bank accounts, it's essential to read the terms and conditions of each offer. Some banks may have clauses preventing previous customers from receiving a bonus, or they might require you to hold the account for a minimum period.
Will switching bank accounts affect my credit score?
Switching bank accounts can have a minor impact on your credit score, primarily due to the hard credit check performed during the application. However, if managed responsibly, the effect is usually minimal and short-term.
Are there any fees associated with switching bank accounts?
Most banks do not charge a fee for switching accounts, especially when using the CASS. However, it's crucial to check if the new account has any monthly maintenance fees or requirements to avoid such fees.
Can 16-17 year olds switch banks?
In most cases, no, but the Co-op allow it. You can also get other sign up bonuses such as Monzo who will pay you to sign up here.