Bank Switch Offers UK — Compare Every Switch Bonus (October 2026)
A bank switch bonus is free cash for moving your current account to a new bank via the Current Account Switch Service (CASS). The biggest switch bonus right now is £500 from NatWest Premier. Most offers only ask for a CASS switch, a deposit, and a few active Direct Debits.
11 offers worth up to £2,805 available now. Updated daily. Best bonus right now →
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Which of these can you actually claim, and in what order?
Tell us which bonuses you have had and which accounts you hold. We send back the switches you can still claim, in order, with the day to set up Direct Debits, what each bank needs before it pays, and when it is safe to cancel.
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Direct Debits, the requirements deadline, when the bonus is due, when it is safe to cancel, and when you can switch again. No account needed.
Every switch bonus at a glance
| Bank | Bonus | Key requirements | Deadline |
|---|---|---|---|
| NatWest Premier | £500 | Apply for a Premier account and request to switch an account with another bank to us using the Current Account Switch Service; You need to deposit £5,000 within 60 days of opening the account and log into the mobile app | None announced |
| HSBC Premier | £500 | Income or savings of £100k | None announced |
| Barclays | £300 | To qualify for the £30 a month for 5 months you need to pay in £2,000 a month and make 10 qualifying debit card transactions each month | None announced |
| HSBC Advance | £220 | Switch bank accounts within 60 days of opening the account using the Current Account Switching Service, closing the old account; Deposit at least £2,000 into the account and spend at least £500 with your debit card within 60 days of opening the account | None announced |
| First Direct | £210 | Switch using the Current Account Switch Service, make 5+ debit card payments, log on to digital banking and move over two direct debits or standing orders; Deposit £1,000 or more | None announced |
| Co-op Bank | £200 | Deposit £1,000 in the first 30 days of completing the switch; Have two active direct debits within 30 days of completing the switch | None announced |
| NatWest | £200 | Switch using the Current Account Switch Service, close your old account and log on to online or app banking within 60 days of switching; Pay in £1,250 within 60 days of switching | None announced |
| Lloyds | £200 | Switch using the Current Account Switch Service and close your old account. The old account must be from a different bank; Switch three active direct debits from the old account | None announced |
| RBS | £200 | Switch using the Current Account Switch Service, close your old account and log on to online or app banking within 60 days of switching; Pay in £1,250 within 60 days of switching | None announced |
| Nationwide FlexDirect | £175 | Deposit £1,000 within 31 days; Transfer two direct debits | None announced |
| Santander | £100 | Offer£100 Amazon voucher | 26 Oct 2026 |
Bank switch bonus FAQs
What is a bank switch bonus?
A bank switch bonus is a cash incentive — typically £100-£200 — paid by a bank when you move your current account to them using the Current Account Switch Service (CASS). The switch moves your balance, payments, and Direct Debits automatically within 7 working days, and your old account is closed.
How long does it take to get a switch bonus?
It varies by bank — typically between 10 days and 3 months after you complete the switch and meet all the offer requirements. Check each bank's terms; StoozeMax tracks community-reported payout times on each bank's page.
How many times can you switch bank accounts?
There is no limit on how many times you can switch. Many people complete 3-6 switches a year using one or two 'donor' accounts. The main constraints are each bank's cooling-off rules — many exclude customers who have received a bonus recently — and the credit check on each application.
Do I need Direct Debits to get a switch bonus?
Usually, yes. Most switch offers require 2-3 active Direct Debits on the new account, though some banks (like NatWest) need none. Netflix and Spotify don't count — they're card payments. See our Direct Debit guide for what counts and the cheapest ways to set them up.
Set up Direct Debits now — £3 each per month
No account neededHow many do you need?
2 separate Direct Debits from one setup — they appear as 2 distinct debits on your statement, which is what banks requiring 2+ DDs are checking for.
For how long?
Covers the switch and the wait for the bonus, then cancels itself — you will never pay more than £24.
- We email you when your bonus lands and it's safe to cancel
- Genuine Bacs Direct Debits — not card payments, so they count
- Ends automatically after 4 months — cancel sooner any time
Short on Direct Debits? Our Direct Debit guide covers what counts and the cheapest ways to set them up.