Banks pay new customers a cash bonus to move an existing current account across using the Current Account Switch Service (CASS). The switch takes 7 working days, moves your balance, direct debits and cards automatically, and the old account closes. Most people use a spare "dummy" account so their main banking setup never changes. Bonuses below are the ones live today, with the main conditions.
Paid as £30 a month for 5 months. Needs 3 active direct debits moved, plus £2,000 paid in and 10 debit card payments each month. Not open to anyone with an open Barclays current account on or before 1 Oct 2026. A separate Premier offer pays up to £600 if you qualify for a Premier account.
Switch to an Everyday Current Account and open and fund a Regular Saver. Check eligibility before starting; a switch begun by the deadline can still complete after it.
Full CASS switch. Not available if you've held an HSBC current account on or after 1 Jan 2018.
£175 switch bonus plus £35 for accounts opened between 14 Sep and 2 Dec 2026. Not available if you've held a first direct product before. Includes access to its 7% regular saver.
Needs at least 3 active direct debits moved and £100 spent on the debit card within 35 days. Paid within 45 days of opening. Not available if you've had a Lloyds, Halifax or Bank of Scotland switching incentive since 1 Jan 2023.
Not available if you've ever had a switching incentive from NatWest, RBS or Ulster Bank, or held a NatWest personal current account on 2 Sep 2026.
Same family restrictions as NatWest: no previous switching incentive from RBS, NatWest or Ulster Bank.
Full CASS switch to a FlexDirect, FlexAccount or FlexPlus from a non-Nationwide, non-Virgin Money account. FlexDirect also pays cashback and 5% interest on balances up to £1,500.
Always read the full terms on the bank's own page before applying. This list is checked against current sources (Moneyfacts, Be Clever With Your Cash, Money To The Masses, Which?) but offers can be withdrawn at any time.
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