Miles On Money

Current accounts

Current account switching bonuses

Top switching bonuses, sorted by bonus, highest first, with the conditions you have to meet. Every offer is checked on the bank's own page and dated. A list, not a recommendation.

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Current accounts

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Switching bonuses first, highest at the top, then accounts with no bonus that pay interest or have useful perks.

  1. SantanderEveryday Current Account

    Switch bonus
    £240
    Monthly fee
    Free
    See provider
    To get the bonus
    Request a full switch (CASS) before 7 October 2026 with at least 2 household direct debits, complete it within 60 days, pay in £1,500 and put at least £200 into a Santander Regular Saver within 60 days. Not open to anyone who held a Santander current account on 1 January 2026 or has had a Santander switch bonus before.
    Perks
    Access to the Santander Regular Saver (8% AER variable, including a 5% bonus for the first 12 months).
    Notes
    Offer closes 7 October 2026 and can be withdrawn earlier.

  2. HSBCBank Account

    Switch bonus
    £220
    Monthly fee
    Free
    See provider
    To get the bonus
    Open in the HSBC app, then within 60 days complete a full switch (CASS) with 2 direct debits, pay in £2,000 and spend £500 on the debit card. Sole accounts only.
    Perks
    home&Away discounts; access to HSBC savings including a regular saver.
    Notes
    New customers only: not open to current HSBC or first direct customers, or anyone who has held either's current account since 1 January 2023. Bonus paid within 60 days of meeting the conditions.

  3. first direct1st Account

    Switch bonus
    £210
    Monthly fee
    Free
    See provider
    To get the bonus
    Within 45 days of opening, full switch (CASS) with at least 2 direct debits or standing orders, deposit £1,000, make 5 or more debit card payments and log on to digital banking.
    Perks
    £250 interest-free overdraft buffer (subject to status); access to a 7% AER regular saver (£25 to £300 a month for 12 months).
    Notes
    £175 standard bonus plus a £35 boost for accounts opened 14 September to 2 December 2026. Never held a first direct product, and no HSBC current account opened on or after 1 January 2018.

  4. NatWestSelect account

    Switch bonus
    £200
    Monthly fee
    Free
    See provider
    To get the bonus
    Open a Select or Reward account and do a full switch (CASS), then within 60 days pay in £1,250 and log in to the NatWest app.
    Perks
    No monthly fee on the Select account.
    Notes
    Not open if you held a NatWest current account on 6 May 2026, have had a NatWest Group switch bonus before, or are switching from Royal Bank of Scotland or Ulster Bank. Can be withdrawn at any time. The bonus also applies to the Reward account; check its fee separately. Select account has no monthly fee.

  5. Royal Bank of ScotlandSelect account

    Switch bonus
    £200
    Monthly fee
    Free
    See provider
    To get the bonus
    Open a Select or Reward account and do a full switch (CASS), then within 60 days pay in £1,250 and log in to the Royal Bank app.
    Perks
    No monthly fee on the Select account.
    Notes
    Same group as NatWest, so only one bonus across the two. Not open if you held a Royal Bank current account on 6 May 2026, have had a NatWest Group switch bonus before, or are switching from NatWest or Ulster Bank. The bonus also applies to the Reward account; check its fee separately. Select account has no monthly fee.

  6. LloydsClub Lloyds, Club Lloyds Silver, Club Lloyds Platinum or Lloyds Premier

    Switch bonus
    £200
    Monthly fee
    Free
    See provider
    To get the bonus
    Switch to one of these accounts with the Current Account Switch Service and move at least 3 active direct debits. Offer ends 9 December 2026.
    Perks
    Club Lloyds has a £5 monthly fee, refunded when its criteria are met
    Notes
    Monthly fees and eligibility criteria vary by account.

  7. Nationwide Building SocietyFlexDirect

    Switch bonus
    £175
    Monthly fee
    Free
    See provider
    To get the bonus
    Full switch (CASS) with at least 2 direct debits from the old account, then within 31 days pay in £1,000 and make 1 debit card payment. The £1,000 can't come from another Nationwide account.
    Interest
    5% AER fixed for 12 months on up to £1,500, then 1% AER variable
    Perks
    Up to £5 a month back on direct debits and up to £5 a month on card spending (minimums apply); first £50 of arranged overdraft interest-free.
    Notes
    Bonus also available on FlexAccount (no fee) and FlexPlus (£18 a month). One switch bonus per person on a sole account and one on a joint account. Full FlexDirect benefits need £1,500 paid in each month; interest details at nationwide.co.uk/current-accounts/flexdirect/.

  8. ChaseChase current account

    Switch bonus
    None
    Monthly fee
    Free
    See provider
    Perks
    2% cashback on groceries, eating out, everyday transport and fuel, up to £20 a month; no fees on spending abroad; linked saver at 2.25% AER variable.
    Notes
    App-only. Cashback needs 15 or more card or direct debit payments a month and £1,000 or more kept across your Chase savers. Saver rate from chase.co.uk/gb/en/product/chase-features/.

  9. KrooKroo current account

    Switch bonus
    None
    Monthly fee
    Free
    See provider
    Interest
    2.65% AER variable on the whole current account balance up to £500,000, paid monthly
    Perks
    No fees on spending abroad; savings pots.
    Notes
    App-only bank. FSCS protected.