Data updated 5 Nov 2026
HonestPayouts / Bank accounts
Bank accounts
UK current accounts compared on switch bonus, conditions, monthly fee, interest, overdraft cost and how you bank. Every figure is from the bank’s own page, and anything we couldn’t verify shows as “—”.
Quick answer
Of the offers we verified on the banks’ own pages on 5 Nov 2026, Barclays advertises up to £300 (£150 switch reward plus up to £150 in monthly rewards). Santander pays £240 (with a £200 Regular Saver deposit), HSBC £220, first direct £210, NatWest £200 and Nationwide £175. All need a full CASS switch plus pay-ins or Direct Debits by a deadline.
Last checked: 5 November 2026
Key facts
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10 accounts
Barclays
Bank Account
Switch bonus
Up to £300
Conditions
£150 switch reward plus up to £150 in monthly engagement rewards (£30 a month for up to 5 months). Full conditions: check the site.
Monthly fee
—
Arranged overdraft
—
Interest / linked savings
—
How you bank
—
FSCS-protected bank
—
Last checked 5 Nov 2026 · Source: barclays.co.uk ↗
Santander
Everyday Current Account
Switch bonus
£240
Conditions
Full CASS switch within 60 days with 2+ household Direct Debits; pay in £1,500; pay £200+ into a Santander Regular Saver within 60 days. Not if you held a Santander current account on 1 Jan 2026 or had a Santander switcher incentive.
Monthly fee
No monthly fee
Arranged overdraft
39.94% EAR (variable), representative
Interest / linked savings
Linked Regular Saver 8.00% AER (variable, incl. 5.00% bonus for 12 months), up to £200 a month
How you bank
—
FSCS-protected bank
Santander UK plc
Last checked 5 Nov 2026 · Source: santander.co.uk ↗
HSBC
Bank Account
Switch bonus
£220
Conditions
New customers. Open in the HSBC app; within 60 days complete a full CASS switch (2 Direct Debits), pay in £2,000 and spend £500 on the debit card.
Monthly fee
—
Arranged overdraft
0% EAR on the first £25, then 39.9% EAR (variable)
Interest / linked savings
—
How you bank
—
FSCS-protected bank
HSBC UK Bank plc
Last checked 5 Nov 2026 · Source: hsbc.co.uk ↗
first direct
1st Account
Switch bonus
£210 (£175 + £35 boost)
Conditions
Within 45 days of opening: CASS switch with 2+ Direct Debits or standing orders, deposit £1,000, make 5+ debit card payments and log on to digital banking. New customers who haven’t held a first direct product; HSBC exclusions apply.
Monthly fee
No monthly fee
Arranged overdraft
£250 interest-free (0% EAR), then 39.9% EAR (variable)
Interest / linked savings
Access to a 7.00% AER/gross Regular Saver
How you bank
—
FSCS-protected bank
HSBC UK Bank plc (first direct is a division; shared FSCS limit)
Last checked 5 Nov 2026 · Source: firstdirect.com ↗
NatWest
Select account
Switch bonus
£200
Conditions
Select or Reward account, full CASS switch; pay in £1,250 and log in to the app within 60 days. Not if you’ve had a NatWest Group switch incentive or held a NatWest current account on 06 May 2026.
Monthly fee
No monthly fee (Select)
Arranged overdraft
39.49% EAR (variable), representative
Interest / linked savings
—
How you bank
—
FSCS-protected bank
National Westminster Bank plc
Last checked 5 Nov 2026 · Source: natwest.com ↗
Nationwide
FlexDirect
Switch bonus
£175
Conditions
Full CASS switch from a non-Nationwide/Virgin Money account with 2+ Direct Debits, completed within 28 days; pay in £1,000 and make 1 debit card payment within 31 days. First Nationwide switch offer on the account.
Monthly fee
No monthly fee
Arranged overdraft
No interest on the first £50, then 39.9% a year compounded (variable)
Interest / linked savings
5% AER (4.89% gross) fixed for 12 months on up to £1,500, then 1% AER; pay in £1,500 a month
How you bank
Online, app, branch or phone
FSCS-protected bank
Nationwide Building Society
Last checked 5 Nov 2026 · Source: nationwide.co.uk ↗
Chase UK
Current account
Refer-a-friend
£50
Conditions
Not a switch bonus. First Chase account; enter a single-use code from someone you know within 30 days and deposit £1,000 in total. We don’t publish codes.
Monthly fee
—
Arranged overdraft
—
Interest / linked savings
—
How you bank
—
FSCS-protected bank
—
Last checked 5 Nov 2026 · Source: chase.co.uk ↗
Monzo
Personal current account
Switch bonus
—
Conditions
No switching bonus found on its current account page.
Monthly fee
No monthly fee (free account; paid plans from £3 a month)
Arranged overdraft
—
Interest / linked savings
Select Access Savings 3.70% AER (variable) with the £9-a-month Perks plan; £500 minimum
How you bank
App
FSCS-protected bank
Monzo (FSCS protected up to £120,000)
Last checked 5 Nov 2026 · Source: monzo.com ↗
Starling
Personal current account
Switch bonus
—
Conditions
No switching bonus found on its current account page.
Monthly fee
No monthly fee
Arranged overdraft
15%, 25% or 35% EAR (variable), set by credit check; 15% representative
Interest / linked savings
—
How you bank
App
FSCS-protected bank
Starling (FSCS protected up to £120,000)
Last checked 5 Nov 2026 · Source: starlingbank.com ↗
Lloyds Bank
Current accounts
Switch bonus
—
Conditions
Lloyds’ site didn’t load for our check today, so we don’t quote figures. Check the site.
Monthly fee
—
Arranged overdraft
—
Interest / linked savings
—
How you bank
—
FSCS-protected bank
—
Last checked 5 Nov 2026 · Source: lloydsbank.com ↗
| Bank | Bonus | Conditions | Monthly fee | Interest / savings | Overdraft (EAR) | How you bank | FSCS bank | Checked |
|---|---|---|---|---|---|---|---|---|
Barclays Bank Account | Up to £300 | £150 switch reward plus up to £150 in monthly engagement rewards (£30 a month for up to 5 months). Full conditions: check the site. | — | — | — | — | — | 5 Nov 2026 barclays.co.uk ↗ |
Santander Everyday Current Account | £240 | Full CASS switch within 60 days with 2+ household Direct Debits; pay in £1,500; pay £200+ into a Santander Regular Saver within 60 days. Not if you held a Santander current account on 1 Jan 2026 or had a Santander switcher incentive. | No monthly fee | Linked Regular Saver 8.00% AER (variable, incl. 5.00% bonus for 12 months), up to £200 a month | 39.94% EAR (variable), representative | — | Santander UK plc | 5 Nov 2026 santander.co.uk ↗ |
HSBC Bank Account | £220 | New customers. Open in the HSBC app; within 60 days complete a full CASS switch (2 Direct Debits), pay in £2,000 and spend £500 on the debit card. | — | — | 0% EAR on the first £25, then 39.9% EAR (variable) | — | HSBC UK Bank plc | 5 Nov 2026 hsbc.co.uk ↗ |
first direct 1st Account | £210 (£175 + £35 boost) | Within 45 days of opening: CASS switch with 2+ Direct Debits or standing orders, deposit £1,000, make 5+ debit card payments and log on to digital banking. New customers who haven’t held a first direct product; HSBC exclusions apply. | No monthly fee | Access to a 7.00% AER/gross Regular Saver | £250 interest-free (0% EAR), then 39.9% EAR (variable) | — | HSBC UK Bank plc (first direct is a division; shared FSCS limit) | 5 Nov 2026 firstdirect.com ↗ |
NatWest Select account | £200 | Select or Reward account, full CASS switch; pay in £1,250 and log in to the app within 60 days. Not if you’ve had a NatWest Group switch incentive or held a NatWest current account on 06 May 2026. | No monthly fee (Select) | — | 39.49% EAR (variable), representative | — | National Westminster Bank plc | 5 Nov 2026 natwest.com ↗ |
Nationwide FlexDirect | £175 | Full CASS switch from a non-Nationwide/Virgin Money account with 2+ Direct Debits, completed within 28 days; pay in £1,000 and make 1 debit card payment within 31 days. First Nationwide switch offer on the account. | No monthly fee | 5% AER (4.89% gross) fixed for 12 months on up to £1,500, then 1% AER; pay in £1,500 a month | No interest on the first £50, then 39.9% a year compounded (variable) | Online, app, branch or phone | Nationwide Building Society | 5 Nov 2026 nationwide.co.uk ↗ |
Chase UK Current account | £50 (refer-a-friend) | Not a switch bonus. First Chase account; enter a single-use code from someone you know within 30 days and deposit £1,000 in total. We don’t publish codes. | — | — | — | — | — | 5 Nov 2026 chase.co.uk ↗ |
Monzo Personal current account | — | No switching bonus found on its current account page. | No monthly fee (free account; paid plans from £3 a month) | Select Access Savings 3.70% AER (variable) with the £9-a-month Perks plan; £500 minimum | — | App | Monzo (FSCS protected up to £120,000) | 5 Nov 2026 monzo.com ↗ |
Starling Personal current account | — | No switching bonus found on its current account page. | No monthly fee | — | 15%, 25% or 35% EAR (variable), set by credit check; 15% representative | App | Starling (FSCS protected up to £120,000) | 5 Nov 2026 starlingbank.com ↗ |
Lloyds Bank Current accounts | — | Lloyds’ site didn’t load for our check today, so we don’t quote figures. Check the site. | — | — | — | — | — | 5 Nov 2026 lloydsbank.com ↗ |
“Good for overdraft” means the bank publishes an interest-free buffer or a lower EAR than the usual ~39–40%. “—” means we couldn’t verify it on the bank’s own site on 5 Nov 2026. More detail on the bonuses is in our bank switch offers guide, and other sign-up offers are on bonuses.
The Current Account Switch Service (CASS) is owned and operated by Pay.UK. It is free, and more than 50 UK banks and building societies use it.
The Current Account Switch Guarantee says the switch is free, simple and secure. If anything goes wrong, you’re covered for any charges or interest incurred. Most switch bonuses need a full CASS switch, which closes the old account, not a partial one.
On 5 Nov 2026 Barclays advertised up to £300 (£150 plus up to £150 in monthly rewards), Santander £240, HSBC £220, first direct £210, NatWest £200 and Nationwide £175 (each bank’s own page).
Santander Everyday, first direct 1st Account, NatWest Select, Nationwide FlexDirect, Monzo and Starling all state no monthly fee on their own pages.
Starling publishes 15%, 25% or 35% EAR depending on a credit check. first direct gives £250 interest-free, Nationwide £50 and HSBC £25 before about 39.9% EAR.
Yes. The Current Account Switch Guarantee says the switch is free and secure, and you are covered for any charges or interest if something goes wrong (Pay.UK).