As we know from this morning’s switching league table (see our 6am post), banks are constantly competing for customers.<\/p>\n
Here are the switching offers currently available…<\/p>\n
Barclays<\/p>\n
Switching to one of Barclays’ Blue Rewards bank accounts and depositing \u00a32,000 can get you \u00a3200.<\/p>\n
You need to sign up to the Blue Rewards scheme for \u00a35 a month, which comes with perks such as cashback on spending, enhanced savings rates and an Apple TV+ subscription.<\/p>\n
The switch must include at least two active direct debits. See the terms here<\/a>.<\/p>\n If you have more money to play with, you can get \u00a3400 by switching to a premier current account with Barclays and depositing \u00a34,000 within 30 days.\u00a0<\/p>\n To qualify for premier banking, you need to pay in a gross annual income of at least \u00a375,000 or have a total balance of at least \u00a3100,000 in savings with Barclays in eligible investments, or a mix of both.<\/p>\n Details of the premier switch offer are here<\/a>.<\/p>\n Lloyds<\/p>\n New and existing customers can get \u00a3200 by switching to a Club Lloyds accounts.<\/p>\n The basic Club Lloyds account has a \u00a35 fee but this is refunded every month you pay in \u00a32,000 or more.\u00a0<\/p>\n Like most switches, you need to use the Current Account Switch Service (CASS) to complete the changeover.<\/p>\n You also need to have at least three active direct debits from your old account switched over to Lloyds – any set up after the change will not count.\u00a0<\/p>\n Read all the T&Cs of the accounts\u00a0here<\/a>.<\/p>\n TSB\u00a0<\/p>\n You can get up to \u00a3180 by switching to TSB.\u00a0<\/p>\n You’ll get \u00a3150 for switching to a current account, a new Spend & Save or a Spend & Save Plus account.\u00a0<\/p>\n To qualify, you need to log into the bank’s app, deposit \u00a31,000 and make five payments with your debit card.\u00a0<\/p>\n You can earn another \u00a330 in cashback in the first three months if you make 20 or more card payments each month.\u00a0<\/p>\n You can find the full T&Cs\u00a0here<\/a>.<\/p>\n NatWest<\/p>\n Switchers can get \u00a3175 when opting for a Select or Reward current account.\u00a0<\/p>\n You need to pay in \u00a31,250 within 60 days of opening the account, and log in to the mobile app to be eligible for the free cash.\u00a0<\/p>\n You’ll get the \u00a3175 within 30 days of completing those steps.<\/p>\n See the full T&Cs\u00a0here<\/a>.<\/p>\n Nationwide<\/p>\n You can get \u00a3175 when you switch your main current account to a FlexAccount, FlexDirect or FlexPlus account.<\/p>\n Customers must not have benefited previously from a Nationwide switching offer.\u00a0<\/p>\n At least two direct debits need to be moved over, a minimum of \u00a31,000 must be paid in and one debit card payment needs to be made within 31 days of the account opening to qualify for the deal.\u00a0<\/p>\n