The Best Bank Switching Offers Available in 2026
If you're looking to earn some easy money, switching your bank account is one of the simplest ways to do it. UK banks regularly offer cash bonuses of £75 to £200 just for moving your current account to them via the Current Account Switch Service.
We've compared every major switching offer currently available, ranking them by bonus amount, how easy the qualifying criteria are, and the overall quality of the account you'll end up with. Here's what's on the table right now.
1. First Direct — £175 Switch Bonus
Bonus: £175
First Direct has been one of the most consistent switching bonus providers in the UK for years, and their current offer remains one of the best.
How to qualify:
- Complete a full CASS switch to a First Direct 1st Account
- Pay in at least £1,000 within the first 3 months
- Must not have held a First Direct account before
What makes it stand out:
- Consistently top-rated for customer service — regularly wins awards
- £250 interest-free overdraft included
- Access to competitive savings accounts and a linked regular saver paying strong rates
- No monthly fee
Our verdict: The combination of a generous bonus and genuinely excellent account makes First Direct our top pick. The £1,000 pay-in requirement is easy to meet with just one month's salary.
2. HSBC UK — Up to £200 Switch Bonus
Bonus: up to £200 (varies by account type)
HSBC UK periodically offers some of the highest switching bonuses on the market, though the amount depends on which account you choose.
