Overview
- Lloyds says its £250 switch incentive can take up to 40 days to arrive after all criteria are met, and excludes anyone who has received a switching offer since January 1, 2023 across Lloyds, Halifax or Bank of Scotland.
- To qualify with Lloyds, customers must complete a full Current Account Switch Service move to a new Club Lloyds account and bring over at least three active direct debits from another bank.
- Nationwide advises new customers to allow 7 to 10 working days for debit card, PIN and online banking details to arrive by post, with the option to change the switch date by calling its helpline.
- Nationwide’s £175 bonus requires a full switch completed within 28 days, a £1,000 deposit and one debit card payment within 31 days, with the payment made within 10 days once requirements are satisfied.
- The Current Account Switch Service typically completes moves in about seven working days, and current offers include £400 for Barclays Premier (with £4,000 pay‑in and two direct debits for eligible high earners), up to £250 for HSBC Premier, £200 from Santander, and £175 from Nationwide and First Direct, plus £150 from NatWest and up to £175 from Co‑op.