Switching banks can sometimes feel like a daunting process, but with the lucrative offers available this June, it's definitely worth considering! Whether you're looking to maximize cash bonuses or gain exclusive offers, now is a great time to reassess your banking options. Let's dive into some of the most enticing bank switching offers currently available.
TSB Switch Offer
Offer Details:
- Switch Bonus: Up to £340
- Components: £100 initial bonus, £90 extra cashback, £30 additional cashback, and a £120 Expedia voucher or days-out pass.
- Eligibility: The requirements to qualify include switching using the Current Account Switch Service, closing your old account within 21 days of the offer ending, using the debit card five times by 19 July 2025, and logging into online or app banking by 19 July 2025.
- Extra Perks: As an added bonus, engaging in regular account activity can earn you up to £40 through cashback sites like Quidco or TopCashback.
- Exclusions: Excludes those who received a TSB switching bonus since 1 October 2022.
HSBC Premier Banking
Offer Details:
- Switch Bonus: £500 Selfridges voucher
- Requirements: Open a new Premier Banking account, earn at least £100,000 a year or have £100,000 saved with HSBC, and switch two direct debits along with your monthly salary.
- Deadline: Offer ends on 12 August 2025
- Eligibility: Available to new customers switching from a different bank.
Santander Switch Offer
Offer Details:
- Switch Bonus: £180
- Eligibility: Open or hold new/current Everyday Edge, Edge Up, or Private current account, set up two direct debits from a selected list, switch using the Current Account Switch Service, and deposit £1,500.
- Extra Perks: An additional £35 is available via cashback sites.
- Exclusions: Not available for those holding a Santander account as of 1 January 2025.
Nationwide Building Society
Offer Details:
- Switch Bonus: £200
- Requirements: Open a new or already have a FlexPlus, FlexDirect, or FlexAccount and switch using the Current Account Switch Service within 28 days. You'll need to deposit £1,000 within 31 days and make one debit card transaction.
- Ideal For: Existing customers only, but the offer can also apply to both personal and joint accounts.
Nationwide Building Society Details
First Direct Switching Offer
Offer Details:
- Switch Bonus: £175
- Eligibility: Move two direct debits or standing orders, deposit £1,000 within 30 days, and ensure you log in to mobile banking.
- Exclusions: Existing customers or anyone with an HSBC account since January 2018 cannot participate.
Danske Bank Switch Offer
Offer Details:
- Switch Bonus: Up to £175
- Components: £100 initial bonus and up to £75 additional case-by-month activities.
- Requirements: Complete a full switch within 60 days and pay in £1,000. Additional £25 reward each month also involves making 11 debit card transactions.
Get the Details on Danske Bank's Offer
Barclays Premier Avios Offer
Offer Details:
- Switch Bonus: 25,000 Avios points
- Requirements: Open a new Premier Banking account, add Barclays Avios Rewards (£12/month), and satisfy salary or savings/investment conditions.
A Special Shoutout:
Don't forget, with our service, you can easily establish £1 direct debits in under three working days. They're perfect for meeting requirements like those in Santander's offer, making it easy to switch and save! Explore more as of 2025-06-23, and make the most of your money.