With so many enticing bank switching offers on the table, it's a great time to consider moving your current account. Whether you’re looking for cold hard cash or tempting travel rewards, these banks have something special lined up for you. Let’s dive into the latest offers and how you can make the most of them.
TSB: Up to £340 Switch Offer
Total Offer Value: Up to £340
- Switch Bonus: £100
- Additional Bonuses:
- £90 cashback through triple cashback for six months
- £30 to £40 available via Quidco or TopCashback
- £120 Expedia voucher or days out pass
- Payment Timeline: Between 2 and 16 August 2025
Requirements:
- Must switch using the Current Account Switch Service
- Close your old account within 21 days of the offer ending
- Conduct five debit card transactions by 19 July 2025
- Log into online or app banking by 19 July 2025
- For more rewards, conduct 20 debit card transactions monthly for six months
- Make two debit payments in three of the first four months and deposit £500 each month
Exclusions: You can’t have received a TSB switching bonus since 1 October 2022.
Nationwide Building Society: £200 Switch Offer
Total Offer Value: £200
- Switch Bonus: £200
- Payment Timeline: Within 10 days of completing the switch
Requirements:
- Requires opening or already having a FlexPlus, FlexDirect, or FlexAccount
- Complete a switch using the Current Account Switch Service and close your old account within 28 days
- Deposit £1,000 within 31 days and make one debit transaction
Exclusions: Must be an eligible customer as of 31 March 2025 and not have received a switching bonus since 18 August 2021.
Santander: £180 Switch Offer
Total Offer Value: £180 plus up to £20 extra cashback
- Switch Bonus: £180
- Additional Cashback: Up to £20 via Cashback Site
- Payment Timeline: About 90 days after the switch request
Requirements:
- Open a new Everyday Edge, Edge Up, or Private current account
- Set up two Direct Debits
- Use the Current Account Switch Service
- Deposit £1,500
Exclusions: You can't have held a Santander account on 1 January 2025 or have received any previous switching bonuses.
Co-operative Bank: Up to £175 Switch Offer
Total Offer Value: Up to £175
- Switch Bonus: £100
- Additional Bonus: Up to £75
- Payment Timeline: Within 7 days of fulfilling the criteria
Requirements:
- Switch to a new or existing Standard or Everyday Extra account using the Current Account Switch Service
- Complete the switch within eight weeks of requesting
- Make ten debit card transactions monthly, pay out two direct debits each month, and deposit £1,000 a month for three months
Exclusions: Not eligible if you’ve received a bonus from Co-operative Bank since 1 November 2022.
First Direct: £175 Switch Offer
Total Offer Value: £175 plus £35 cashback
- Switch Bonus: £175
- Additional Cashback: £35 via Quidco or TopCashback
- Payment Timeline: By 20th of the following month after meeting all criteria
Requirements:
- Move over two direct debits or standing orders
- Use the Current Account Switch Service
- Deposit £1,000 within 30 days and leave it there for 24 hours
- Make five debit card transactions within the first 45 days
Exclusions: No previous or existing accounts with First Direct or HSBC opened post-1 January 2018 are allowed.
Danske Bank: Up to £175 Switch Offer
Total Offer Value: Up to £175
- Switch Bonus: £100
- Additional Bonus: £75 (£25 per month for three months)
- Payment Timeline: Within 10 days of eligibility
Requirements:
- Full account switch within 60 days of opening
- Deposit £1,000 within 60 days
- Register for online or app banking
- Make 11 debit card transactions per month for three months
Exclusions: No current or previous accounts as of 7 April 2025, and no prior switching bonuses since 1 January 2023.
Barclays: Premier Avios £119 Switch Offer
Total Offer Value: 25,000 Avios points
- Switch Bonus: 25,000 Avios points
- Payment Timeline: Four months after joining Avios Rewards
Requirements:
- Open a new Premier Banking account
- Earn £75,000 annually or have £100,000 invested with Barclays
- Add Barclays Avios Rewards (£12 per month)
- Use the Current Account Switch Service
Exclusions: Limited to once per person; must join Avios Rewards within four months.
Make Your Switch Effortless!
Switching your bank account is not only easy but can be highly rewarding. By carefully selecting an offer that aligns with your banking habits, you can benefit from cash bonuses, rewards, and more.
Shoutout to Our Service: Don’t forget, we offer seamless £1 direct debits set up in under three working days, perfectly qualifying for your account switching process!
Consider evaluating these offers thoroughly to maximize your financial benefits. Happy switching!
This blog is current as of 2nd June 2025.