Research and select the bank or building society you want to switch to. Ensure they participate in the Current Account Switch Service.
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- Our Best Bank Switching Offers | Get up to £175* to switch current accounts
Our best bank switching offers
Earn a bonus of up to £175* for switching your current account
Many banks often offer lucrative deals for simply switching your current account
*Switching terms my vary depending on the provider. T&Cs apply.
Current account switching offers
4 results found, sorted by switching incentive. How we order our comparisons.
Get £175 when you switch to a first direct 1st Account current account. T&Cs apply.
first direct 1st Account
Account fee & requirements
No monthly fee
Arranged overdraft
£250 interest free, then 39.9% EAR variable
Interest rate
0% AER
Switching incentive
£175
Complete a full switch using the Current Account Switch Service, including at least 2 Direct Debits or standing orders. Then deposit £1,000, make 5+ debit card payments, and log on to digital banking, within 45 days of your account opening. New customers only, who haven’t previously held a first direct product. T&Cs apply.
For customers with an offset mortgage linked to a 1st Account, the interest-free limit will not apply
More Information
Rate Tiers
| Gross rate | Gross rate | AER rate | AER rate | |
|---|---|---|---|---|
| Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
| £1 | 0% | 0% | 0% | 0% |
Eligibility
| Maximum Age | Unlimited |
| Maximum Investment | Unlimited |
| Minimum Age | 18 years |
| Permanent UK Resident |
Get £150 when you switch to a Santander Everyday current account. T&Cs apply.
Santander Everyday Current Account
Account fee & requirements
No monthly fee
Arranged overdraft
39.94% EAR variable
Interest rate
0% AER
Switching incentive
£150
*Earn £150 cash when you switch to a Santander Everyday current account. To receive the £150, simply open an account, set up 2 direct debits and pay in £1,500 within 60 days. T&Cs apply.
More Information
Rate Tiers
| Gross rate | Gross rate | AER rate | AER rate | |
|---|---|---|---|---|
| Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
| £1 | 0% | 0% | 0% | 0% |
Eligibility
| Maximum Age | Unlimited |
| Maximum Investment | £2,000,000 |
| Minimum Age | 18 years |
| Permanent UK Resident |
Get £150 when you switch to a Santander Edge Up current account. T&Cs apply.
Santander Edge Up
Account fee & requirements
£5 per month, pay in £1,500+ per month
Arranged overdraft
39.94% EAR variable
Interest rate
3% AER (on up to £25,000)
Switching incentive
£150
*Earn £150 cash when you switch to a Santander Edge Up current account. To receive the £150, simply open an account, set up 2 direct debits and pay in £1,500 within 60 days. T&Cs apply.
More Information
Rate Tiers
| Gross rate | Gross rate | AER rate | AER rate | |
|---|---|---|---|---|
| Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
| £1 | 2.96% | 2.96% | 3% | 3% |
| £25,001 | 0% | 0% | 0% | 0% |
Eligibility
| Maximum Age | Unlimited |
| Maximum Investment | Unlimited |
| Minimum Age | 18 years |
| Minimum Monthly Credit | £1,500 |
| Permanent UK Resident |
Get £150 when you switch to a Santander Edge current account. T&Cs apply.
Santander Edge
Account fee & requirements
£3 per month, pay in £500+ per month
Arranged overdraft
39.94% EAR variable
Interest rate
0% AER
Switching incentive
£150
*Earn £150 cash when you switch to a Santander Edge current account. To receive the £150, simply open an account, set up 2 direct debits and pay in £1,500 within 60 days. T&Cs apply.
More Information
Rate Tiers
| Gross rate | Gross rate | AER rate | AER rate | |
|---|---|---|---|---|
| Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
| £1 | 0% | 0% | 0% | 0% |
Eligibility
| Maximum Age | Unlimited |
| Maximum Investment | Unlimited |
| Minimum Age | 18 years |
| Minimum Monthly Credit | £500 |
| Permanent UK Resident |
Current account deals
8 results found, sorted by lowest account fee. How we order our comparisons.
Chase Current Account
Account fee & requirements
No monthly fee
Arranged overdraft
-
Interest rate
0% AER
Joint account available
No
1% cashback on everyday debit card spending for the first 12 months. Cashback exceptions apply. 18+, UK residents. Available for your first 12 months for new customers. Max £15 per month. Cashback exceptions apply.
Access to round-up account with 5% AER (4.89% gross) variable interest rate, paid monthly. Round-up balance transfers to elected Chase account on anniversary of account opening. T&Cs apply.
More Information
Rate Tiers
| Gross rate | Gross rate | AER rate | AER rate | |
|---|---|---|---|---|
| Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
| £1 | 0% | 0% | 0% | 0% |
Eligibility
| Maximum Age | Unlimited |
| Maximum Investment | Unlimited |
| Minimum Age | 18 years |
| Permanent UK Resident |
NatWest Select Account
Account fee & requirements
No monthly fee
Arranged overdraft
39.49% EAR variable
Interest rate
0% AER
Joint account available
Yes
More Information
Rate Tiers
| Gross rate | Gross rate | AER rate | AER rate | |
|---|---|---|---|---|
| Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
| £1 | 0% | 0% | 0% | 0% |
Eligibility
| Maximum Age | Unlimited |
| Maximum Investment | Unlimited |
| Minimum Age | 18 years |
| Permanent UK Resident |
Barclays Bank Account
Account fee & requirements
No monthly fee
Arranged overdraft
35% EAR variable
Interest rate
0% AER
Joint account available
Yes
Join Barclays Blue Rewards* for £5 a month and get access to an Apple TV+ subscription, enhanced savings rates and cashback on your everyday spend.
*Eligibility, conditions and a £5 monthly fee apply.
More Information
Rate Tiers
| Gross rate | Gross rate | AER rate | AER rate | |
|---|---|---|---|---|
| Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
| £1 | 0% | 0% | 0% | 0% |
Eligibility
| Maximum Age | Unlimited |
| Maximum Investment | Unlimited |
| Minimum Age | 18 years |
| Permanent UK Resident |
Monzo Current Account
Account fee & requirements
No monthly fee
Arranged overdraft
39% EAR variable
Interest rate
0% AER
Joint account available
Yes
Instant Access Savings Pots 3.60% (variable). No minimum deposit & maximum deposit £500k. You must have a Monzo account to get an Instant Access Savings Pot. T&Cs apply. Interest Paid Monthly. Spend abroad with no fees.
We pass Mastercard’s exchange rate directly onto you with no extra charges.
More Information
Rate Tiers
| Gross rate | Gross rate | AER rate | AER rate | |
|---|---|---|---|---|
| Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
| £1 | 0% | 0% | 0% | 0% |
Eligibility
| Maximum Age | Unlimited |
| Maximum Investment | Unlimited |
| Minimum Age | 18 years |
| Permanent UK Resident |
Eligibility: £75K income p.a. or £100K saved/invested
Barclays Premier Current Account + Avios Rewards
Account fee & requirements
No monthly fee
Arranged overdraft
£500 interest free, then 35% EAR variable
Interest rate
0% AER
Joint account available
Yes
Join Barclays Avios Rewards for £12 a month to collect monthly Avios for flights with British Airways. Plus get 25K Avios if you open your first account with us, join Avios Rewards & complete a full switch within 3 months. Eligibility & conditions apply.
Eligibility criteria: To be eligible for Premier you need a gross annual income of at least £75,000 paid into the account, or have a total balance of at least £100,000 in savings with Barclays, eligible investments – or a mix of both.
More Information
Rate Tiers
| Gross rate | Gross rate | AER rate | AER rate | |
|---|---|---|---|---|
| Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
| £1 | 0% | 0% | 0% | 0% |
Eligibility
| Maximum Age | Unlimited |
| Maximum Investment | Unlimited |
| Minimum Age | 18 years |
| Minimum Income | £75,000 |
| Permanent UK Resident |
TSB Spend & Save
Account fee & requirements
No monthly fee
Arranged overdraft
39.9% EAR variable
Interest rate
0% AER
Joint account available
Yes
UK 18+ only
More Information
Rate Tiers
| Gross rate | Gross rate | AER rate | AER rate | |
|---|---|---|---|---|
| Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
| £1 | 0% | 0% | 0% | 0% |
Eligibility
| Maximum Age | Unlimited |
| Maximum Investment | Unlimited |
| Minimum Age | 18 years |
| Permanent UK Resident |
Which? Banking Brand of the Year 2024
Starling Bank Current Account
Account fee & requirements
No monthly fee
Arranged overdraft
15% EAR variable
Interest rate
3.25% AER (on up to £5,000)
Joint account available
Yes
Starling Bank are removing the interest rate from their personal and joint current accounts on 10 February 2025.
More Information
Rate Tiers
| Gross rate | Gross rate | AER rate | AER rate | |
|---|---|---|---|---|
| Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
| £1 | 3.19% | 3.19% | 3.25% | 3.25% |
| £5,001 | 0% | 0% | 0% | 0% |
Eligibility
| Maximum Age | Unlimited |
| Maximum Investment | Unlimited |
| Minimum Age | 18 years |
| Permanent UK Resident |
TSB Spend & Save Plus
Account fee & requirements
£3 per month
Arranged overdraft
£100 interest free, then 39.9% EAR variable
Interest rate
0% AER
Joint account available
Yes
UK 18+ only
More Information
Rate Tiers
| Gross rate | Gross rate | AER rate | AER rate | |
|---|---|---|---|---|
| Excluding bonus | Including bonus | Excluding bonus | Including bonus | |
| £1 | 0% | 0% | 0% | 0% |
Eligibility
| Maximum Age | Unlimited |
| Maximum Investment | Unlimited |
| Minimum Age | 18 years |
| Permanent UK Resident |
What is the Current Account Switch Service?
Until 2013 switching from one bank account to a new one was an unpleasant experience. It took up to 30 days or more and customers were often left with direct debits that weren’t moved and other headaches. But that changed with the launch of the Current Account Switch Service (CASS) in 2013, which was designed to introduce more competition among banks and building societies.
The idea was to make switching banks simple, reliable and stress-free. The service is free-to-use and available to all individuals, small businesses, charities and trusts in the UK.
Now switching banks takes just seven working days, and more importantly, the service is backed by a switch guarantee. This ensures that all payments associated with the customer’s old account, will be switched to the new account and ready for use with effect from a pre-agreed switch date. But if something goes wrong, for example you’re charged for missed payment, you’ll be reimbursed for any charges.
No. of current account switches in 2023[1]
1,312,103
Why should you look for the best switching offers
Switching to a new bank account can offer numerous advantages:
Cash incentives
Many banks now offer money to switch your bank which can significantly boost your finances.
Better features
New accounts may come with improved features, such as higher interest rates, lower fees, or better customer service.
Convenience
Some accounts offer additional perks like overdraft facilities, cashback, or mobile and travel insurance.
How to switch current accounts?
![Choose a new bank or building society]()
Choose a new bank or building society
Research and select the bank or building society you want to switch to. Ensure they participate in the Current Account Switch Service.
![Open your new account]()
Open your new account
Visit the branch or website of your chosen bank or building society and open a new current account. Make sure to provide the necessary identification and proof of address.
![Request the switch]()
Request the switch
Inform the new bank or building society that you want to use the Current Account Switch Service to switch your account from your current provider. They will guide you through the process and provide you with the necessary forms or information.
![Complete the switch application]()
Complete the switch application
Fill out the Current Account Switch Agreement and any other required forms provided by your new bank or building society. You will need to provide details about your current account, including the account number, sort code, and details of the bank or building society you're switching from.
![Choose your switch date]()
Choose your switch date
Select a convenient date for the switch to take place. The Current Account Switch Service ensures that the switch is completed within seven working days.
![Relax]()
Relax
Once the switch process begins, your new bank or building society will handle everything. Your direct debits, standing orders, incoming payments, and your balance will be transferred to your new account automatically.
![Get confirmation of the switch]()
Get confirmation of the switch
Once the switch is completed, you'll receive confirmation from both your old and new bank or building society. Your old account will be closed, and any remaining balance will be transferred to your new account.
How to switch current accounts?
Choose a new bank or building society
Open your new account
Visit the branch or website of your chosen bank or building society and open a new current account. Make sure to provide the necessary identification and proof of address.
Request the switch
Inform the new bank or building society that you want to use the Current Account Switch Service to switch your account from your current provider. They will guide you through the process and provide you with the necessary forms or information.
Complete the switch application
Fill out the Current Account Switch Agreement and any other required forms provided by your new bank or building society. You will need to provide details about your current account, including the account number, sort code, and details of the bank or building society you're switching from.
Choose your switch date
Select a convenient date for the switch to take place. The Current Account Switch Service ensures that the switch is completed within seven working days.
Relax
Once the switch process begins, your new bank or building society will handle everything. Your direct debits, standing orders, incoming payments, and your balance will be transferred to your new account automatically.
Get confirmation of the switch
Once the switch is completed, you'll receive confirmation from both your old and new bank or building society. Your old account will be closed, and any remaining balance will be transferred to your new account.
Worried about switching current accounts? Don't be.
Many people are wary of switching bank accounts as they worry things might go wrong. This is understandable given that many people have their mortgage and rent payments, as well as other regular bills being paid from their bank accounts. And any disruption could cause a lot of headaches.
But this is what the CASS was created to address. With the Current Account Switch Guarantee, customers can have the peace of mind to switch their current account to a better more suitable option for them. This in turn incentivises banks and building societies to offer better products to attract new customers, which results in better outcomes for everyone.
Tips on how to make the switching process easier
Make a list of regular payments
List down all your direct debits, standing orders, and recurring payments linked to your current account. This helps ensure none are missed during the switch.
Notify relevant parties
Inform companies or organisations about your account switch. This includes your employer for salary payments, utility companies, gym memberships, insurance providers, etc. Provide them with your new account details to avoid any disruptions in payments.
Coordinate switch date carefully
Choose a switch date that aligns with your financial calendar, such as after payday and before major bill payments are due, to minimise any disruptions.
Keep your old account open
Ensure you have enough funds in your old account until the switch is complete to cover any outstanding payments or direct debits incase anything goes wrong.
Stay informed
Keep track of the switch progress. Monitor both your old and new accounts to ensure all payments are redirected correctly. Confirm closure of your old account once the switch is completed.
Contact support if needed
If you encounter any issues or have specific concerns during the switch, don't hesitate to reach out to the customer service teams of both your old and new banks or building societies for assistance
Be patient
The Current Account Switch Service is designed to complete the process within seven working days. However, some payments or processes may take a bit longer to fully transition. Allow some time for all transfers and adjustments to take place smoothly.
What if there are no switching offers available?
There may be a time when there are no switching offers available. But if you’re unhappy with your existing bank or building society, there are still options that offer other benefits that you could consider. These could include cashback offers on your spending, being paid interest on your balance, discounts at specific retail stores, or add-ons such as breakdown cover or mobile phone insurance.
Our best current accounts with rewards
Our editors have picked out our top current account for rewards.
Editor’s pick
Chase has 1% cashback on everyday spending for a whole year (up to £15 each month). This is an attractive reward for customers as the cashback balance will soon add up throughout the year. You’ll also get access to its competitive easy-access savings account.”
Chase Current Account
Account fees & requirements
No monthly fee
Interest rate
0% AER
Representative example: N/A - no credit facility offered.
Show Details
Eligibility
Maximum Age
Unlimited
Maximum Investment
Unlimited
Minimum Age
18 years
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References
1. Pay.uk Current Account Switch Service statistics