Overview

• Barclays and Lloyds lead with £200 offers, while Nationwide, NatWest and First Direct each pay £175 and TSB pays £180, with Co‑operative Bank offering £175.
• Barclays’ £200 deal requires Blue Rewards at £5 per month and includes an Apple TV+ subscription alongside cashback rewards.
• Lloyds’ £200 offer applies to Club Lloyds or Premier accounts with monthly fees of £5 or £15 and excludes anyone who took a switching bonus from Lloyds, Bank of Scotland or Halifax in the past five years.
• Co‑operative Bank pays £100 upfront plus £25 a month for three months and requires 10 card transactions, while NatWest’s £175 Reward offer has a £2 monthly fee with up to £5 cashback and TSB pays £150 plus up to £10 a month for three months on an account with a £3 fee.
• Switches must be completed through the Current Account Switch Service, which typically finishes in seven working days, with most offers requiring at least two active Direct Debits, an initial deposit and app use.