Overview
- Barclays is paying £400 to customers who open a Premier current account and start a CASS switch by 27 November 2025, then pay in at least £4,000 within 30 days and have two Direct Debits.
- Santander and Lloyds are offering £200, while First Direct, Nationwide and NatWest are paying £175, each with specific eligibility terms that must be met to receive the bonus.
- Pay.UK reports the Current Account Switch Service has handled 12.1 million transfers since launch, with Q3 2025 the year's busiest quarter and a 99.5% seven-day completion rate.
- Switching is possible while overdrawn if the receiving bank agrees to match the overdraft, which moves the outstanding balance to the new account.
- Nationwide clarifies that some previous switchers still qualify when moving between sole and joint accounts, and it credits the £175 within 10 days after the required deposit, card transaction and switching steps are completed.