Every few months, UK banks refresh their switch incentives through the Current Account Switch Service (CASS). Here's what's available right now and how to maximise your earnings.
How Bank Switching Works
The CASS guarantees a full switch in 7 working days. Your payments, direct debits, and salary are automatically redirected. The old account is closed, and any payments sent to it are forwarded for 3 years.
Most switch bonuses require you to:
- Open a new current account with the offering bank
- Complete a full CASS switch from an existing account
- Meet minimum activity requirements (usually 2 direct debits and a deposit)
- Not have held an account with that bank within a cooling-off period (typically 12-36 months) -- check your eligibility to see which bonuses you qualify for
Current Offers
Check our live offers page for real-time amounts and requirements — it's updated daily from bank websites.
Maximising Your Earnings
The key to earning more from bank switches is rotation. Once your cooling-off period expires with one bank, you can switch back. Here's how to think about it:
- Follow our step-by-step switching guide to make sure you meet all the requirements for each offer
- Keep a "sacrificial" account -- a basic current account you don't use, purely for switching away from
- Track your cooling-off periods — this is where StoozeMax helps. Log each switch and we'll tell you when you're eligible again
- Don't close fee-paying accounts — if you switch to a fee-free account and then switch away, you've lost nothing
- Stack with other strategies — pair bank switches with 0% card stoozing and regular savers for maximum returns
Common Questions
Can I switch a joint account? Yes, joint accounts can be switched through CASS. Both account holders need to agree.
Does switching affect my credit score? Opening new accounts creates a hard search, which may temporarily lower your score by a few points. The impact is minimal and short-lived.
What if I have an overdraft? The new bank will either match your overdraft or offer what they can. If they can't match it, you can choose not to proceed with the switch.
How many times can I switch? There's no limit on CASS switches. You can switch as often as you like, subject to each bank's cooling-off period.
Track Everything with StoozeMax
Sign up free to track your switches, monitor cooling-off periods, and get reminders when you're eligible to switch again. You can also track 0% credit cards and regular saver accounts — all in one place.
Read our complete guides: Bank Switching: The Complete UK Guide | Stoozing Guide | Regular Savers Guide