What is the best UK bank switch bonus right now?

The highest cash amount is usually the best headline deal, but eligibility rules matter. Check whether you have held an account with the same banking group before applying.

Can I do more than one bank switch bonus?

Yes, but space applications sensibly and keep track of previous bonuses. Some banks exclude customers who received a bonus from the same group in recent years.

Best Bank Switch Bonuses UK

Current-account switch bonuses are usually the highest-value beer money offers. Start here if you are happy to use the Current Account Switch Service and can meet the deposit, card-spend and Direct Debit rules.

Latest verification in this list: 16 June 2026

3 offers listed

NewPopular

HSBC

£220

Switch to an HSBC current account and get £220 cash — the highest standard UK bank switch bonus available in June 2026.

Medium15-20 minutesPayout 4-6 weeks

Verified 16 June 2026

See how to claim →

NewPopular

First Direct

£200

Switch to a First Direct 1st Account for £200 cash, plus consistently top-rated mobile and telephone banking. Bonus recently increased from £175.

Medium15-20 minutesPayout ~28 days

Verified 16 June 2026

See how to claim →

NewPopular

Barclays

£200

Switch to a Barclays Bank Account for £200 cash, plus 5% cashback on Tesco fuel (up to £10/month until 31 July if switched by then).

Medium15-20 minutesPayout 4-6 weeks

Verified 16 June 2026 · Ends 27 August 2026

See how to claim →

FAQ

What is the best UK bank switch bonus right now?: The highest cash amount is usually the best headline deal, but eligibility rules matter. Check whether you have held an account with the same banking group before applying.
Can I do more than one bank switch bonus?: Yes, but space applications sensibly and keep track of previous bonuses. Some banks exclude customers who received a bonus from the same group in recent years.