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Switch offers we verified (5 Nov 2026)
| Bank | Bonus | Official page |
|---|---|---|
| HSBC (Bank Account) | £220 | hsbc.co.uk |
| HSBC Premier | £500 | hsbc.co.uk |
| NatWest | £200 | natwest.com |
| Nationwide | £175 | nationwide.co.uk |
Conditions, bank by bank
HSBC (Bank Account)
£220
- New customers only
- Open in the HSBC app
- Full CASS switch within 60 days
- 2 Direct Debits
- Pay in £2,000 within 60 days
- Spend £500 on your debit card within 60 days
HSBC Premier
£500
- Full CASS switch
- £100k+ salary or £100k+ in savings/investments
- New customers only
- No HSBC or first direct account since 1 Jan 2025
NatWest
£200
- Select or Reward account
- Full CASS switch
- Pay in £1,250 within 60 days
- Log in to the app within 60 days
- Not if you held a NatWest current account on 06 May 2026
- Not if you’ve had a NatWest Group switch incentive
Nationwide
£175
- FlexDirect, FlexAccount or FlexPlus
- Full CASS switch from a non-Nationwide/Virgin Money account
- At least 2 Direct Debits
- Switch completed within 28 days
- Pay in £1,000 within 31 days
- Make 1 debit card payment within 31 days
Banks can change or withdraw these offers at any time, and monthly account fees may apply. Read the bank’s full offer terms before you switch.
Other banks — check the site
Barclays, Lloyds, Santander, first direct, TSB and Halifax have run switch offers in the past, but we couldn’t confirm a current offer on their own websites today, so we don’t quote figures. Check each bank’s switching page directly:
- Barclays current accounts
- Lloyds current accounts
- Santander current accounts
- first direct
- TSB current accounts
- Halifax current accounts
Chase UK (refer-a-friend, not a switch bonus)
Chase UK doesn’t pay a CASS switch bonus; it runs a refer-a-friend offer instead. Codes are single-use and can only come from someone you know — we don’t publish any.
Chase UK (refer-a-friend)
£50
- First Chase account
- Enter an existing customer’s referral code in the app’s rewards section within 30 days of opening
- Deposit at least £1,000 in total within those 30 days
- Paid into your rewards balance
Before you switch: checklist
- Use a full switch through CASS — partial switches usually don’t qualify.
- Count your active Direct Debits on the old account; most offers need 2 or more to move across.
- Diarise the deadline (60, 31 or 28 days) and the pay-in amount — you can usually pay in your own money from another account, but check the terms.
- Check the “previous bonus” rules: many banks exclude you if you’ve had a switch bonus from them, or from a sister brand, since a set date.
- Watch for monthly account fees on premium accounts.
- Switch bonuses can count as income for tax purposes — see our side hustle tax guide and HMRC guidance.
More sign-up offers: bonuses page · cashback welcome bonuses.