Banks / First Direct / Payout time
How long does the First Direct switch bonus take to pay?
First Direct's published terms pay the switch bonus within 50 days (Paid before the 20th of the month after you qualify — a date-based rule; typically under 30 days, up to ~50 in the worst case.).
50 days
The bank's own promise
Paid before the 20th of the month after you qualify — a date-based rule; typically under 30 days, up to ~50 in the worst case. (terms verified June 2026).