Best Bank Switching Offers 2024

After a small hiatus, switching offers are back. Both NatWest and Lloyds are running pretty attractive offers.

£200 For Switching

NatWest

£200 for switching.

You'll need to switch a non-NatWest account to a reward account with them. You will also need to pay in £1,250. The £200 is then paid within 7 days.

If you have previously held a NatWest, UBS or Ulster Bank account since January 2020 you won't be eligible.

Check NatWest's website for full details.

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£175 For Switching.

Lloyds Bank

An oldie, but still a goodie.

Lloyds may not stand out, but it's a dependable bank and its customer service is pretty decent. The £175 switching offer makes it pretty attractive to anyone looking for a new bank.

You will need to switch from another bank (including 2 Direct Debits) and by Thursday 28th March. For full conditions see Lloyds' website.

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Any Other Rewards I Can Get?

This month, amidst a noticeable scarcity of switching offers from banks in the UK, Chase Bank’s proposition stands out for its simplicity and practicality. While it’s the only offer of its kind currently on the market, it’s quite straightforward: a 1% cashback on purchases. Although the benefit might seem modest at first glance, it’s consistent – and over time, that 1% can accumulate, especially for regular card users. It’s a steady, if not spectacular, way to earn back on everyday spending. With the expectation of more competitive offers to emerge throughout the year, the Chase Bank offer represents a solid choice for switchers at this moment.

Best For Rewards

Chase Bank

1% cashback on most purchases.

Chase has brought to the UK the kind of rewarding banking you normally only see in the states. We're hoping it starts a revolution on this side of the Atlantic. The digital experience is also first class and there is 24/7 customer support.

Remember to check out the Chase website for all the terms and conditions.

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