Overview

• Santander’s £180 switching incentive ended on July 30, closing its most generous summer deal
• NatWest continues to pay £125 upfront plus a £50 saver bonus and £36 annual cashback for switches completed within 60 days
• Barclays, First Direct and TSB are offering up to £175 for new switchers, each with 45–60-day eligibility windows and looming cut-off dates
• The Current Account Switch Service processed 88,146 moves in June and nearly one million over the past 12 months, highlighting strong consumer confidence
• Nationwide has now netted 1.03 million customers since 2013, reinforcing its lead in the cash-bonus–driven switch competition