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Which banks offer £100 for opening a bank account?

Current UK Bank Switch Offers - December 2024

There are currently no major UK banks offering £100 specifically for opening a bank account. However, some banks do provide incentives or cashback offers that could be valuable when opening a new account:

Bank Account Switch Offers

First Direct - £175

  • Switch bonus: £175
  • Requirements: Must use CASS
  • Account features: Access to regular saver account
  • End date: Unknown

Nationwide Building Society - £175

  • Switch bonus: £175
  • Requirements: Must use CASS
  • Account type: Building society membership
  • End date: Unknown

Santander - £150

  • Switch bonus: £150
  • Requirements: Must use CASS
  • Additional benefits: Potential cashback on bills
  • End date: Unknown

Co-operative Bank - Up to £150

  • Initial switch bonus: £75
  • Additional bonus: Up to £75
  • Special feature: Christmas hospice celebration funding (Nov 11-24, 2024)
  • End date: Unknown

Barclays Bank Premier

  • Switch bonus: 25,000 Avios points
  • Approximate value: £119 in travel rewards
  • Requirements: Premier account eligibility
  • End date: Unknown

Key Switching Considerations

Before You Switch:

  • Check eligibility criteria
  • Review minimum monthly deposit requirements
  • Understand account fees
  • Confirm if existing account closure is needed
  • Note 7-day standard switch timeframe
  • Verify CASS requirement

Important Notes:

  • All offers subject to change
  • Terms and conditions apply
  • Check individual bank websites for full details
  • Choose account based on long-term banking needs
  • Switch completion times may vary
  • Most offers require full switch using CASS

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