Get paid to switch your bank.
Banks regularly pay cash bonuses to switch your current account to them. Compare current switch offers and what you need to do to qualify.
Switching your current account is one of the few genuinely easy ways to get free money. Banks compete for new customers by offering cash bonuses, and the Current Account Switch Service moves your payments and direct debits across for you, usually within seven working days. Compare the live offers below, check the conditions, then switch directly with the bank.
Live switch offers
Santander (Edge Explorer)
£180 + £45 Amazon voucher
Cash plus a voucher, with an 8% regular saver attached.
- How to qualify
- Full switch via CASS
- Pay in £1,500+ within 60 days (can be in instalments)
- Edge Explorer has a £17/month fee - factor it in
- Account fee
- £17/month
- Status
- No published end date - can be withdrawn any time
Plain link to the bank's own site. Frugl earns nothing if you switch.
HSBC
£220
The biggest standard switch bonus right now.
- How to qualify
- Full switch via the Current Account Switch Service (CASS)
- Set up 2+ direct debits
- Pay in £2,000+ and spend £500 on the debit card within 60 days
- Status
- No published end date - can be withdrawn any time
Plain link to the bank's own site. Frugl earns nothing if you switch.
Barclays
£200
Straightforward £200 for a full switch.
- How to qualify
- Full switch via CASS
- Check Barclays' current account offer terms for pay-in conditions
- Status
- Ends 27 August 2026
Plain link to the bank's own site. Frugl earns nothing if you switch.
NatWest
£200
£200 for switching to a NatWest current account.
- How to qualify
- Full switch via CASS
- Pay in £1,250+ and log in to the mobile app within 60 days
- Status
- No published end date - can be withdrawn any time
Plain link to the bank's own site. Frugl earns nothing if you switch.
Royal Bank of Scotland
£200
Mirrors the NatWest offer (same banking group).
- How to qualify
- Full switch via CASS
- Pay in £1,250+ and log in to the mobile app within 60 days
- Status
- No published end date - can be withdrawn any time
Plain link to the bank's own site. Frugl earns nothing if you switch.
First Direct
£175 + £25 boost
£175 plus a £25 top-up, and a consistently top-rated account.
- How to qualify
- Full switch via CASS
- Check the live terms for pay-in and debit card conditions
- Status
- No published end date - can be withdrawn any time
Plain link to the bank's own site. Frugl earns nothing if you switch.
Nationwide (FlexPlus)
£175
£175 on a packaged account with insurance perks.
- How to qualify
- Full switch via CASS
- Pay in £1,000+ and use the debit card within 31 days
- FlexPlus has an £18/month fee - it includes travel, mobile and breakdown cover
- Account fee
- £18/month
- Status
- No published end date - can be withdrawn any time
Plain link to the bank's own site. Frugl earns nothing if you switch.
Bank of Scotland
£175
£175 for a full switch.
- How to qualify
- Full switch via CASS
- Check the live terms for direct debit and pay-in conditions
- Status
- No published end date - can be withdrawn any time
Plain link to the bank's own site. Frugl earns nothing if you switch.
HSBC Premier · eligibility applies
£500
The biggest bonus on the board, but heavily gated.
- How to qualify
- £100,000+ salary paid in monthly, OR £100,000+ in savings/investments with HSBC
- Full switch via CASS
- Status
- No published end date - can be withdrawn any time
Plain link to the bank's own site. Frugl earns nothing if you switch.
How to save on bank switching
Use the official switch service
Most bonuses require a full switch via the Current Account Switch Service (CASS), not just opening an account. It moves your direct debits and standing orders automatically.
Check the qualifying conditions
Offers usually need you to pay in a minimum amount, set up a couple of direct debits, or log into the app. Read the requirements before you start.
You can switch more than once
There is no rule stopping you switching again in future when a better offer comes along, as long as you meet each bank's terms.
Bank Switching FAQs
Is switching banks safe?
The Current Account Switch Service is widely used and guarantees your payments are moved across. Always check the individual bank's terms and protection.
Will I lose my direct debits?
No. The switch service moves your incoming and outgoing payments to the new account, typically within seven working days.
Does Frugl pay the bonus?
No. The bonus comes from the bank, on their terms. Frugl just shows you the current offers and may earn a commission if you switch through our link.
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