Kelly's PickBest Bank Switch· Rating: ★★★★★
Why it's a pick: The most reliable UK switch bonus — fast payout and excellent ongoing service.
- ✓Consistently top-rated for customer service
- ✓Bonus lands within 28 days
- ✓Access to a 7% regular saver
Suits: Anyone who hasn't held a First Direct or HSBC account since 2018
Avoid if: Existing HSBC group customers
Overview
First Direct's ever-popular switch bonus rewards new customers who move their main current account using the Current Account Switch Service (CASS). Consistently rated one of the UK's best banks for service.
Step-by-step guide
- 1Open a 1st Account online with First Direct
- 2Start a full CASS switch from your existing bank
- 3Pay in £1,000+ within 45 days
- 4Bonus arrives within 28 days of qualifying
Eligibility
- ✓UK resident aged 18+
- ✓Never held a First Direct account before
- ✓Not received a switch bonus from HSBC or First Direct since 2018
- ✓Full CASS switch, closing the old account
Tips to maximise this offer
- ★Use an old dormant account to switch from if you'd rather not move your main banking
- ★First Direct also gives access to a 7% regular saver — worth pairing
- ★Keep screenshots of your switch confirmation in case you need to chase
FAQ
Does the switch affect my credit score?+
A hard search is usually recorded when you open the new account. Impact is normally minor.
How long does the CASS switch take?+
Seven working days once you confirm the switch date.
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