Switching bank accounts can be a convenient way to take advantage of generous welcome bonuses that banks offer to attract new customers. In 2025, there are some exceptional offers available. Here’s a rundown of the top rewards currently available, along with the conditions to qualify.
NatWest £150 Switch Offer
NatWest is offering £150 for new and existing customers who switch to selected accounts such as Reward or Premier Reward. Here’s how you can qualify:
- Pay in £1,250 within 60 days of switching.
- Log into online or app banking within 60 days.
- Complete your switch from their website or mobile app.
- Use the Current Account Switch Service and ensure your old account is from a different bank (not NatWest, RBS, or Ulster Bank).
This offer is perfect for those who have never received a switching bonus from NatWest, RBS, or Ulster Bank. Be quick as this offer is available for a limited time only!
First Direct £175 Switch Offer
If you’re new to First Direct, you can claim £175 by switching your account. Here’s what you need to do:
- Move two direct debits or standing orders from your old bank.
- Deposit at least £1,000 within 30 days (keep it there for a minimum of 24 hours).
- Use your debit card five times in the first 45 days.
- Log into their mobile banking or app within the first 45 days.
Bear in mind, this offer is available only if you have never had a First Direct or an HSBC account since January 2018. Check out the offer details to ensure you don't miss out!
Barclays Bank Premier Avios £119 Switch Offer
Frequent flyers and Avios fans, this one’s for you! Barclays is offering 25,000 Avios points for new Premier Banking account holders. Here are the key steps:
- Open a Premier Banking account and join the Avios Rewards within 4 months.
- Earn £75,000 a year or have £100,000 saved/invested with Barclays.
- Add Barclays Avios Rewards to your account for £12 a month.
- Transfer £1,000 within 31 days of opening the account.
This offer is a fantastic way for high earners or those with substantial savings to convert their banking into flight benefits. Discover more at Barclays.
Final Thoughts
These switching offers not only bring you extra cash or travel points but can also help streamline your banking needs. Whether it’s a cash bonus or reward points, make sure to choose the offer that best fits your financial situation and habits.
Ready to make the switch? Remember, at our service, we provide £1 direct debits set up in under 3 working days that are valid for the account switching process — ensuring a smooth transition!
Date: 2025-04-21