Question 1

What is the Current Account Switch Service (CASS)?

Accepted Answer

CASS is a free service that makes switching your bank account easy. It transfers all your payments, direct debits, and standing orders to your new account within 7 working days. It's backed by a guarantee, so if anything goes wrong during the switch, you'll be refunded any interest or charges incurred.

Question 2

How long does it take to switch bank accounts?

Accepted Answer

The switch takes just 7 working days from your agreed switch date. Your new bank handles everything - moving your direct debits, standing orders, and redirecting any payments made to your old account for 36 months.

Question 3

Can I switch bank accounts multiple times?

Accepted Answer

Yes! There's no limit on how many times you can switch. However, most banks require that you haven't held an account with them recently (usually 12-24 months) to qualify for their switch bonus. Many savvy switchers rotate between banks to collect multiple bonuses.

Question 4

Is switching bank accounts safe?

Accepted Answer

Absolutely. The Current Account Switch Service comes with a guarantee. If anything goes wrong during the switch, your new bank will correct it immediately. Your money is protected throughout the process, and your old account payments are automatically redirected for 3 years.

Question 5

Do I need a minimum amount to switch?

Accepted Answer

No minimum balance is needed to initiate the switch itself. However, some bank offers require you to pay in a certain amount monthly (e.g., £1,000 or £1,500) to qualify for the bonus. Always check the specific requirements for each offer.

Question 6

How do I receive the switch bonus?

Accepted Answer

Once your switch completes and you've met the offer requirements (like minimum pay-ins or setting up direct debits), the bonus is usually paid directly into your new account within 7-30 working days, depending on the bank.

Bank	Bonus	Rating	Requirements	Switch Time
HSBC UK Current Account	£200	4.5	Use the Current Account Switch Service (CASS)	1 week	View
Nationwide Current Account	£175	4.5	Use the Current Account Switch Service (CASS)	1 week	View
first direct Current Account	£175	5	Use the Current Account Switch Service (CASS)	1 week	View
Lloyds Bank Current Account	£100	3.5	Use the Current Account Switch Service (CASS)	1 week	View
Chase UK Current Account	N/A	4	Download the Chase app	Instant	View
Santander Current Account	£175	4	Use the Current Account Switch Service (CASS)	1 week	View

Compare the Best Bank Switch Offers in the UK

Top Bank Switch Offers

HSBC UK

Nationwide

first direct

Santander

CASS Guarantee

Verified Offers

7-Day Switch

100% Free

How Bank Switching Works

Compare Offers

Apply to Switch

Get Your Bonus

Compare All Bank Switch Offers

Frequently Asked Questions