Bank switching season is well and truly back. UK banks are once again offering generous incentives—£150 to £500—to tempt customers to move their current account using the Current Account Switch Service (CASS).
Here’s a breakdown of the best current account switch offers right now, plus how to choose the right one.
💸 The Best Switching Offers in the UK
- Lloyds Bank (https://www.lloydsbank.com/current-accounts/switch.html)
- Up to £500 (Premier account) or £200 (Club Lloyds)
- Requirements: 3 direct debits, minimum spend, and for Premier a £5,000+ monthly deposit or large savings balance
- Deadline: 30th April 2026
- Barclays (https://www.barclays.co.uk/current-accounts/premier-switch-offer/)
- £400 bonus
- Requirements: Open via app, earn minimum £75,000, 2 active direct debits and deposit £4,000
- Deadline: 30th April 2026
- NatWest (https://www.natwest.com/current-accounts/switch-your-banking-to-natwest.html)
- £150 bonus
- Requirements: Pay in £1,250 (can be via multiple payments), stay in account for 24 hours and login via the app
- Santander (https://www.santander.co.uk/personal/current-accounts)
- £180 bonus
- Requirements: £1,500 deposit and 2 selected household direct debits
- First Direct (https://www.firstdirect.com/banking/current-account/)
- £175 bonus, plus an interest free overdraft of £250 (subject to status)
- Requirements: £1,000 deposit, 2 direct debits and 5+ transactions
⚙️ How Bank Switching Works
Switching is handled by the Current Account Switch Service (CASS), which:
- Moves your balance, direct debits, and standing orders automatically
- Closes your old account
- Completes everything in 7 working days
- Guarantees you won’t lose money if anything goes wrong
In short: it’s far easier (and safer) than most people think.
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