Best Bank Account Switch Offers 2026

Brean says

First Direct is offering £175 to new customers who switch to its First Direct 1st Account.

This account comes with a £250 interest-free overdraft (subject to status) and access to the First Direct Saver account paying 7% AER. You’ll also get fee-free debit card spending abroad.

You’ll qualify for this deal if you:
✅ Open your account using the Current Account Switch Service.✅ Switch your main bank account within 45 days.
✅ Pay in at least £1,000 within 45 days.
✅ Transfer at least 2 Direct Debits within 45 days.
✅ Make 5 or more debit card payments within 45 days.

The £175 cash bonus is paid by the 20th of the following month in which all criteria have been met.

You won’t qualify for this deal if you:
❌ Have ever had any financial product with First Direct.
❌ Have opened an HSBC current account since January 2018.

Brean says

NatWest is offering a £200 cash bonus to new and existing customers switching to the NatWest Select or Reward account. You’ll need to apply online or via the NatWest banking app.

You’ll qualify for this deal if you:
✅ Open your account using the Current Account Switch Service.
✅ Pay in at least £1,250 within 60 days.

The £200 cash bonus is paid within 30 days of the switch.

You won’t qualify for this deal if you:
❌ Switch a current account from NatWest Group (Royal Bank or Ulster Bank NI)
❌ Have never received a switch offer from Natwest.
❌ Have held a NatWest current as of 6 May 2026

Brean says

Santander is offering £180 to new and existing customers who switch their main bank account to a Santander Edge Explorer account.

This account comes with travel insurance (including winter sports) breakdown cover, cashback on household bills, 24/7 remote GP access and mobile phone insurance. However, it carries a monthly account fee of £17.

You’ll qualify for this deal if you:
✅ Open an account online or in a branch.
✅ Switch your main bank account within 60 days.
✅ Pay in at least £1,500 into the eligible Santander account within 60 days.
✅ Set up at least two active household Direct Debits within 60 days.

The £180 cash bonus is paid within 60 days of starting the switch.

You won’t qualify for this deal if you:
❌ Opened a Santander account on or after 1 January 2025.
❌ Have ever received a Santander switch bonus.
❌ Switch from an account you hold with Santander, Cahoot or Cater Allen.

Brean says

Barclays is offering a £200 cash bonus to new customers who switch to a Barclays Bank Account in the Barclays app by 27 August 2026.

Once you’ve opened a Barclay’s Bank Account you’ll need to join the “Blue Rewards” scheme for £5 per month. With Blue Rewards, you get access to enhanced rates on savings, cashback on everyday spending, and an Apple TV+ subscription.

You’ll qualify for this deal if you:
✅ Open your account using the Current Account Switch Service.
✅ Make the switch by 27 August 2026.
✅ Pay in at least £2,000 within 30 days.
✅ Transfer at least 2 Direct Debits within 30 days.

You won’t qualify for this deal if you:
❌ Have ever opened a Barclays Current Account on or before 10 March 2026.
❌ Have ever had a switching bonus from Barclays.
❌ Are opening a joint account.
“

Brean says

Nationwide offering a £175 cash bonus to a FlexDirect, FlexAccount or FlexPlus account for new customers.

You’ll qualify for this deal if you:
✅ Open your account using the Current Account Switch Service.
✅ Log into the Nationwide Mobile Banking App.
✅ Pay in at least £1,000 and make 1 debit card payment within 31 days.
✅ Transfer at least 2 Direct Debits within 38 days.

You’ll get the £175 cash bonus within 10 days of making a full switch.

You won’t qualify for this deal if you:
❌ Have received a Nationwide switching bonus since 2021.

“

Brean says

HSBC is offering £220 to new customers who switch their main bank account via the HSBC UK app.

In addition to the cash bonus you can get access to exclusive offers and discounts on shopping, dining and travel.

You’ll qualify for this deal if you:
✅ Open an account via the HSBC UK app.
✅ Switch your main bank account within 60 days.
✅ Pay in at least £2,500 into the eligible HSBC account within 60 days.
✅ Set up at least two active household Direct Debits within 60 days.
✅ Spend at least £500 using the debit card linked to the account within 60 days.

The £220 cash bonus is paid within 60 days of meeting the qualifying criteria.

You won’t qualify for this deal if you:
❌ Opened a HSBC UK or First Direct account on or after 1 January 2023.
❌ Have ever received a Santander switch bonus.