Bank Switching: Earn Cash by Moving Your Current Account
Bank switching offers some of the easiest and most reliable bonuses available in the UK. By moving your current account to a new bank, you can earn £100–£200 or more per switch
Explore trusted UK banks offering switching bonuses and learn how to qualify safely and efficiently.
Legit Side Hustle
Tested, verified, and honest guidance on side hustles with realistic expectations.
Advertisement to support this site:
UK Bank Switching Offers
Compare the latest UK bank switching bonuses. Switch your current account and claim your reward after meeting the eligibility steps.
Bonus: £200 | Time: Up to 60 days
- Open an Everyday, Edge, or Edge Up account
- Complete a full switch using CASS
- Deposit £1,500 within 60 days
- Have 2+ active Direct Debits
- Receive £200 within 30–60 days
Bonus: £175 | Time: Up to 60 days
- Open a Select, Reward, or Reward Silver account
- Switch using the Current Account Switch Service
- Deposit £1,250 and log in to online banking
- Have 2+ active Direct Debits
- Receive £175 within 60 days
Bonus: £175 | Time: Up to 30 days
- Open or already hold a FlexPlus, FlexDirect, or FlexAccount
- Switch a non-Nationwide account using CASS
- Have 2+ active Direct Debits
- Bonus paid within 30 days
Bonus: £175 | Time: Up to 30 days
- Open a Current Account or Everyday Extra
- Complete a full switch to Co-op using CASS
- Pay in £1,000+ within 30 days
- Have 2 Direct Debits active
- Receive £175 within 30 days
Bonus: £200 | Time: 30–60 days
- Open a Club Lloyds, Silver, Platinum, or Classic account
- Switch using CASS from another bank
- Deposit £1,500
- Have 2 Direct Debits active
- Optional: earn £50 per referral (up to limits)
Bonus: £175 | Time: Up to 30 days
- Open a 1st Account
- Switch using the Current Account Switch Service
- Deposit £1,000 within 30 days
- Bonus paid shortly after requirements are met
Correct as of: 12th December 2025.
Disclaimer: Bank account switching bonuses are subject to eligibility and terms. Information is for guidance only and may change without notice.
The 4 Step Guide to Switching Your Bank Account
Prepare Your Accounts
You will need an account that is Current Account Switch Service (CASS) eligible.
Monzo is a great option as it's quick and easy to register. If you've never had Monzo before and you sign up below, you could receive a gift of up to £50!
Open Your New Account
Browse the banks offering switching bonuses below. Complete the online application for your chosen account, making sure all your details are accurate. Before finalising your switch, check that any direct debits from your old account are properly set up.
Switch Your Account
The Current Account Switch Service (CASS) will automatically move all incoming and outgoing payments from your old account to your new one. Check that all direct debits and standing orders are transferred.
Enjoy Rewards
Make sure you meet the bank's switching requirements, such as minimum deposits and debit card transactions. Once completed, enjoy your switch bonuses!
Repeat as often as you are eligible.
You can quickly create £1 Direct Debits to fulfil bank switching requirements. You may set up as many Direct Debits as needed to meet your bank’s eligibility criteria.
Once created, payments typically take 5–7 working days to be processed and collected from your account.
We use Stripe as our secure payment processor. The payment will appear on your bank statement as Stripe / LegitSideHustle.
Terms & Information:
- Each £1 Direct Debit counts for switching.
- Transactions are handled securely using industry standard encryption.
- No additional fees or hidden costs are applied.
- You will receive confirmation via email once your Direct Debit is set up.
⚠️ Direct Debits can be cancelled at any time, but each £1 payment helps support LegitSideHustle’s work. ⚠️
Tips & FAQs for Bank Switching
Tips to Switch Smoothly
- Check that your new account is eligible for the Current Account Switch Service (CASS).
- Prepare a list of all standing orders and direct debits to avoid missing payments.
- Sign up for accounts that offer switching bonuses or cash rewards.
- Set up small £1 direct debits if required to meet switching criteria.
- Monitor the switching timeline to confirm all payments transfer correctly.
- Keep track of your old account closure date to prevent overlapping fees.
- Always verify terms and conditions before claiming bonuses or rewards.
Switching your bank account can be simple and rewarding if done correctly. Follow these tips to make the process smooth and take advantage of bonuses:
Use these strategies to ensure your switch is fast, safe, and efficient.
FAQs
The official account switch via CASS usually completes in 7 working days. Your old account will automatically close and payments will transfer to the new account.
No, the service guarantees all incoming and outgoing payments will move to your new account without disruption.
Yes, many banks offer cash or reward bonuses for switching. Ensure you meet the eligibility criteria, such as minimum deposits or direct debit setup.
Yes, the Current Account Switch Service (CASS) is regulated and guarantees your payments transfer safely without affecting standing orders.
Important Notes:
- Bank switching is secure but always verify account details before initiating.
- Bonuses or offers may be subject to change or withdrawal by the bank.
- Keep records of all direct debits and standing orders to avoid missed payments.
- Ensure you are eligible for offers and read the terms carefully.
- If you encounter issues, contact your bank or visit the official CASS guidance page.