Looking to switch banks? We compare the best UK bank switch offers for 2026, including cash bonuses but first check out Financielle’s top tips when it comes to switching your bank ⬇️
Financielle’s top tips 💸
✅ Write down the terms and conditions (don’t trip up on the fine print)
Tick off your terms and conditions and tick them off, as and when you take the action.
✅ Consider switching as a couple and double your money
Take advantage of two bank switches instead of one.
✅ Complete individual payments all at once
If you need to complete a set number of transactions to qualify, you can do them in the same supermarket. Pay for your items separately to hit the threshold.
✅ Set up a ‘burner’ current account so you can switch easier
If you want to keep your original current account, consider creating a ‘burner’ current account that’s easy to set up. You can use this as your ‘switching’ current account.
✅ Don’t be too loyal – there are deals to had
Your bank isn’t your football team. You should always consider what better deals you can get by switching your current account.
Watch and learn 📹
BBC Finance Expert and Financielle’s Co-Founder Laura Pomfret covered the art of bank switching on BBC Morning Live, you can watch the episode here
Bank Switch Deals 💰
💳 Nationwide – £175 Bonus
- Switch a non-Nationwide bank account to a new or existing FlexDirect, FlexAccount or FlexPlus (including 2 active direct debits)
- The switch must complete within 28 days
- Pay in at least £1,000
- Make one debit card payment within 31 days of the account opening
Click here for more info
💳 First Direct – £175 Bonus
- Open a 1st Account & switch with 2 direct debits/standing orders
- Pay in £1,000 (must stay for 24 hours)
- Use the debit card 5 times + log into the app
- Must be new to First Direct & HSBC (since 2018)
- Bonus paid by the 20th of the following month
Click here for more info
💳 Santander – £200 Bonus
- Open a Santander Edge, Edge up, Edge Explorer or Everyday Current Account
- Request a switch using the Current Account Switching Service
- Complete the switch within 60 days
- Pay in £1,500 within 60 days of opening
- Have 2 active ‘selected household’ direct debits
- 90 days after requesting the switch you will receive £200
Click here for more info
💳 TSB – up to £200 Bonus
- Open a Spend & Save or Spend & Save Plus Account
- Complete a full switch before 20 March 2026
- Log into the TSB App
- Deposit a total of £1,000
- Make 5 or more payments using your debit card
- Receive £150 by 7 April 2026
Click here for more info
💳 Co-operative Bank – £175 Bonus
- Receive £100 within 7 days for switching and then £25 each month for three months
- Deposit £1,000 within 30 days of the account switch completing
- Have two or more active direct debits
- Make 10 or more card transactions
- Register for online banking and/or mobile app
Click here for more info
💳 CHASE…want to earn up to £250?
- Refer up to 5 people and earn £50 each time!
- Create a code and send to your friends and family
- They open an account and type in the referral code when prompted
- They deposit £1,000 (it doesn’t have to stay in the account)
- You both immediately receive £50!
Click here for more info