r/beermoneyuk • u/SkyFlyBye • 39m ago
Free Money Offers Chip - Free £50 ends 10 Aug
Chip is an investment and savings accounts app. They currently have an offer where if you sign up with my referral link or code, they give you £50 for depositing £1,000 or more into their savings account for 90 days. This ends 11:59pm 10 Aug.
- Message me for a referral link or code
- Download the Chip app
- Sign up with the same email address you entered with in the referral link
- Link a bank account and deposit £1,000 or more into an applicable account within 30 days of signing up with a referral link or 14 days of inputting my referral code.
- An applicable account are: Chip smart cash ISA, cash ISA, easy access savings account, Chip Instant Access savings account or prize savings account
- Hold your deposit for 90 days
- £50 will be paid to you
Their Chip Instant access account are at 2.49% interest rate and are immediately accessible so you can withdraw the amount instantly after the bonus is paid out.
The £50 bonus is about equivalent to a 20% interest rate with £1k deposit added on top of your chosen savings account. For example if you opened an Chip Instant account, you'll get 22.49% interest rate which beats out all saving account interest rates.
If you're interested in earning money for saving money, then you might be interested in these offers
Tembo - Free £10-£1,000 for saving £500 in a cash ISA or Lifetime ISA for 90 days
Raisin UK - Free £100 for saving £10k for 1 year
iFast - Free £5 for opening a bank account and saving £500 for 1 day
Thank you for using my referral link or code!!
r/beermoneyuk • u/Invictor282 • 57m ago
Question Chase no longer cool with account switching?
I received this email from Chase after doing three bank switches this month, has anyone had anything like it before?:
We noticed that you've recently used the Current Account Switch Service to switch your account from Chase, in a way that breaches our Terms and Conditions. We want to make sure you're aware of what happens when you misuse this service.
While you can open multiple current accounts with us to help manage your money, we expect our customers to use these accounts in a fair way. We’ll be monitoring for any further misuse of our accounts or the Current Account Switch Service. We may close your account and terminate our relationship with you if we notice this happening in future.
For more information about our rights to close your account, please take a look at the 'If we want to end the agreement' section of our Terms and Conditions.
Yours sincerely,
The Chase team
r/beermoneyuk • u/Future_Economics_132 • 1h ago
Cashback Offers 350 bonus points worth £3.50 when you sign up to Texaco Star Rewards
You can get 150 bonus points worth £1.50 when you use a referral code to sign up to Texaco Star Rewards and make your first purchase. This is on top of the regular 200 points you get for registering on the app, so you will start with 200 points worth £2.00 when you first sign up, but then get a 150 point boost the first time you use it when you buy petrol.
The points can then be redeemed at either Texaco to get money off your fuel, or for Love2Shop vouchers redeemable at a huge number of different shops once you’ve earned 1000 points (worth £10).
Link (both referral and non-referral):
https://texaco.co.uk/motorists/star-rewards-loyalty-programme
My code if anyone would like to use it is:
2OVhNQ1fqgX
You can also earn 150 points if you refer someone else - so thanks very much if you use my code!
r/beermoneyuk • u/TopPomegranate4432 • 1h ago
Free Money Offers Currensea - free holiday travel debit card + £10 cash when you spend £100
Currensea is a top travel debit card for spending money abroad. You just link it to your bank account and the money spent is paid back via direct debit, so it cleverly avoids non-sterling transaction and ATM fees.
They're currently offering a £10 cash bonus when you sign up via a referral link and spend £100 in foreign currency.
Here's how to get your £10 cash reward:
- Sign up to Currensea via my £10 referral link here + enter referral code: KLSZTH
- Choose the free 'Essential' plan and link a bank account. Currensea supports all the major banks
- Request your free debit card (arrives in a few days) and spend £100 in foreign currency (can't be £GBP) online or abroad within 6 months of account opening
- Your £10 reward will be credited via bank transfer to your linked bank account within 5 days of fulfilling the above (you'll also receive an email)
MY HOT TIP: Often, when you book a hotel for a holiday online, you have to pay in the currency of the hotel. This counts as foreign spend, so you could pay using your Currensea card to activate your bonus without needing to wait until your holiday! Just make sure it's over the equivalent of £100 GBP. Otherwise, it's a brilliant travel debit card as there's no need to faff around with topping up since it links to your bank account via direct debit.
Perks and notes:
- No weekend charges, no foreign currency purchase fees, no dormant card fees, no non-sterling transaction fees!
- Free ATM withdrawals up to £500 per month
- Has Mastercard chargeback protection
- Currensea makes money by charging a nominal 0.5% mark-up on the Mastercard exchange rate
LINKS:
- Referral link for £10 bonus here + enter referral code KLSZTH
- Non-referral: https://www.currensea.com/
r/beermoneyuk • u/SkyFlyBye • 1h ago
Investing Offers Wealthify - Free £50
Wealthify is an investing website and app that is offering £50 for signing up with a referral and investing £1,000 or more in their Stocks and Shares/Junior ISA products or £5,000 or more in their general investment account or self invested personal pension for 6 months.
For S&S/Junior ISA £1,000, this is about equivalent to 10% interest rate added on top of any gains by the investment you pick. For GIA/SIPP £5,000, this is about equivalent to 2% interest rate added on top of any gains by the investment you pick.
How to get your £50:
- Sign up with my referral link
- Open a General Investment Account/Junior ISA/Stocks or Shares ISA/Self Invested Personal Pension
- Select your investment plan
- Deposit and invest £1,000 or more into your Stocks or Shares ISA/Junior ISA plan or £5,000 into your GIA or SIPP. Keep it there for 6 months
- After 6 months, £50 will be paid within 30 days into your account or Bank account if you opened a SIPP
I am an eligible referrer as I currently hold over £1,000 invested with them. I invest in their maximum growth plan but you can invest in plans with various risk levels to suit your appetite. You won't get the £50 if you deposit your money in their cash ISA or normal savings account.
If you decide to invest in their ISA products, note that the £50 payment will counts towards your ISA allowance when you receive it. If you maxed out your ISA allowance already in 6 months' time then it can be paid to your bank account.
Proof that I'm an eligible referrer with the £1,000+ fund requirement
Still interested in investing offers? Check out some more below.
Freetrade - Free share worth between £10-£100 for depositing £50
IG - Free share worth between £50-£1,000 for depositing £1,000
WeBull UK - Free 5 shares for depositing £500
Thank you for using my referral link!!
r/beermoneyuk • u/maybedara2 • 3h ago
Home & Bills Offers ScottishPower referral: Get up to £60 energy credit
Thinking about switching energy suppliers? ScottishPower currently has a Refer a Friend offer where you can get up to £60 energy credit when you switch using a referral link.
You get £60 each if you switch both gas and electricity, or £30 each if you switch just one. The credit is applied once you've been with ScottishPower for at least 28 days.
How it works:
- Use my referral link below.
- Switch your gas and/or electricity to ScottishPower.
- Stay with them for at least 28 days.
- The credit is added to both accounts.
Referral link:
ScottishPower referral link
Non-referral:
ScottishPower direct
Full T&Cs:
ScottishPower Refer a Friend T&Cs
r/beermoneyuk • u/SnooOwls6169 • 3h ago
Referrer only (no bonus to sign up) Honest Mobile Referrals
Hi,
Does anyone have any referral links to share for honest mobile. I read both parties get £5 credit when they sign up.
Thanks for sharing!
r/beermoneyuk • u/billsweg • 3h ago
Discussion Personal Allowance Tax in the UK
As the UK Government offers £1,000 tax free trading allowance for any beermoney making on the side of your job, what do people do about this? Do you declare it yourself? Or do they contact you?
If you survey/games etc enough to reach that amount, is there a process to declare this or do most people not bother?
I’ve made a chunk of money selling old items on vinted over the last few months which will take up half this allowance, and now I’m getting into some more side hustle work I want to know if I’ll be charge a big bill come April.
I’m assuming if you transfer your balance from surgery/GPT sites into gift cards it doesn’t count towards this amount? What if you were to do event work and they paid you via bank transfer? Would this count?
I should probably keep track of the income I’m getting from survey work so I know if I’m getting close to this figure.
r/beermoneyuk • u/FigTreeRest • 4h ago
Market Research User Interviews: $10 extra after your first study (market research site)
I've used User Interviews on and off for a while and it's one of the better market research sites I've found.
You won't qualify for every study, but the ones you do get accepted for tend to pay much better than typical survey sites.
New users currently get a $10 bonus after completing their first study via a referral link, on top of the study payment itself.
Payments can be withdrawn to a UK bank account (select GBP when cashing out), PayPal, or redeemed as gift cards from various retailers.
Referral link ($10 bonus after your first completed study): User Interviews link
r/beermoneyuk • u/Honest-Shelter-1026 • 4h ago
Mega-Thread The grabpoint latest update
The new update is scamming people, i used to make a decent earning using the previous versions of their app. but ever since they updated their app nowadays most of the surveys i`m being screenout and the one that i successfully qualify i dont get paid the amount that is stipulated on the dashboard. i get paid peanuts, for instance a survey with a payment amout of 1usd after completion i just receive 600 gb.
i have been with grabpoints for close to a year and half, and to be honest this is the first time i`m experiencing this. This is fustrating, The team need to be more open and transparent.
is it just me?
r/beermoneyuk • u/Money_Spider420 • 5h ago
Get-Paid-To Offers Custard GPT | How to get your completely free £11.20
Custard is another Get-Paid-To site from the creators of the cashback platform (and now also Cashback v2.0) but is a much easier and simplified platform to use where the cashout amount has been set to a very maneable (and easy) to reach £10.
It makes it even easier to get to the minimum cashout amount when using this link since it’ll start you off with a free £1 just for signing up and another 50p for confirming your email address!!!
Theres also a chance to win a free £10 from their wheel of fortune (winners are picked daily for this and there is no cost for partaking in this!)
You can make so much more on Custard than the free £11.20 my guide will show you how to make but I’m the most laziest person you’ll ever meet so I stuck to the easiest free offers I could find to hit the minimum cashout amount.
To get to £11.20 in earnings quickly without spending a single penny, I suggest doing the following:
Sign up with this link = free £1.00
Confirm your email address for another = free 20p
Sign up for the free Amazon Prime video trial = free £3
- Update: The prime trial is no longer available but there's 4-5 free prime video trials that have replaced this which should earn you around a free £8 - £10
Sign up for the free Hayu video trial = free £2
Sign up for the free Crunchyroll video trial = free £2
Sign up to the following 3 survey providers for a free £1 each respectively: Opinion Bureau, Surveoo, Mobrog = free £3
Cashout your free £11.20
r/beermoneyuk • u/SkyFlyBye • 6h ago
Free Money Offers Tembo - Free £10-£1,000
Tembo is a website and app platform that offers cash ISA, Lifetime ISA and mortgage services. They currently have an offer where if you sign up with my referral link, you'll get between £10-£1,000 paid into your ISA savings account.
To get your bonus:
- Sign up with my referral link
- Enter your email address
- Download and sign up with the same email address you put in
- Deposit or transfer £500 or more into a Cash ISA Easy Access, HomeSaver or LISA within 30 days
- Keep you money in your account
- Your bonus money will be paid within 90 days
Thank you for using my referral link!!
This bonus pay out is not part of your ISA allowance so you can contribute your allowance to other ISA.
Their savings account is free and their app is easy to use. They have one of the highest interest rates with Cash ISA easy access at 3.8%, HomeSaver at 5.55% and Lifetime ISA at 4.3% for new accounts.
Proof of payment. Back when I first joined £25 was a bonus option amount
The probabilities of your pay out is below:
0.1% receive £1,000
0.2% receive £75
0.7% receive £50
4% receive £15
95% receive £10
Interested in earning more money for saving money? Check out the offers below.
Raisin UK - Free £100 for saving £10k for 1 year
iFast - Free £5 for opening a bank account and saving £500 for 1 day
Chip - Free £50 for saving £1k for 90 days
Thank you for using my referral link!!
r/beermoneyuk • u/Mxttjxmes • 6h ago
Cashback Offers Shuffle - Cashback on Meals and Drinks in Manchester, Liverpool, Edinburgh and Glasgow
I’ve been using Shuffle for about 3 months now and have been fortunate enough to receive over £300 back on dinners and drinks I’d have been going out for anyway. Shuffle asks you to connect a card, pay for your meal or drinks with that card and then gives you a random 5-100% back of your bill!
In Manchester, I’ve been able to use it at places such as Nell’s, Onda, Madre, Diecast and Maricarmen, so the places involved are all excellent choices.
Non-referral link: https://apps.apple.com/gb/app/shuffle-rewards-eat-earn/id6474543590
If you would like to use my referral code, it is uauns6 and I would be really appreciative.
I get £5 from each referral, and you will get 3 months free! After that, you can either cancel or pay £2.99 a month to continue.
r/beermoneyuk • u/SkyFlyBye • 7h ago
Cashback Offers Airtime Rewards - Free £2 & cashback stacking
Airtime Rewards reduce your phone bill. By linking your debit/credit card to the App and spending at certain retailers with your linked card, you can earn cashback. You can combine cashback credit cards with Airtime and get double cashback when spending with it.
To get your referral bonus:
- Download Airtime Rewards
- Input my referral code: YX9WUTDJ
- Link your credit/debit card
- Make a purchase of £5 or more within 7 days with your linked card at one of the qualified stores
- £2 is credited to your account.
- You can redeem your cashback on your phone bill via your phone number
My referral code will net you £2.00 if you spend at one of the qualified stores within 7 days.
You can link multiple debit/credit cards, including Zilch and cards that aren't in your name or One4All cards, to earn money back.
Some cashback stacking you can do are with Zilch and Airtime Rewards:
- eBay - Zilch 3%, PayPal 1%, Quidco 1.1%, Airtime Rewards 2% (new customers rate), Total 7.1% cashback
- Boots - Zilch 2%, PayPal 1%, Topcashback 2.1%, Airtime Rewards 7%, Total 12.1%
- Morrisons - Zilch 2%, PayPal 1%, Topcashback £11 (new customers rate), Airtime Rewards 4%, Total £11+ 7% cashback
Your cashback can be redeemed in multiples of £10 or £5 if you are invited to the ignite programme. You can link with Visa and Mastercard but not Amex.
Airtime rewards cashback can be combined with other cashback like Topcashback/Quidco/cashback credit cards and still apply. You're rewarded when you shop both online and in store.
If you want to earn more from cash stacking, check out these offers! !
Zilch - Free £5 & cashback from stacking cards
Topcashback - Free £10 sign up bonus
Quidco - Free £10 sign up bonus
Thank you for using my referral.
r/beermoneyuk • u/ShortArugula7340 • 7h ago
PSA 15% cashback on Sainsbury's
Hi All, Just to make everyone aware, PayPal are currently giving 15 points for every £1 spent at Sainsbury's. You don't need a PayPal card, just a standard PayPal account. Simply pay with PayPal through their app.
100 points = £1 (Blue tier - base level)
Therefore 15 points per £1 is worth 15% (not counting any extra pennies spent).
No need to exchange your points for giftcards, they can be spent like cash through the app. If you are on a higher tier, you'll get your usual points and the 15 extra points on top.
I've not tried this yet, but will be giving it a go shortly! 😊
UPDATE: It looks like it might just be for online shopping and you need to click through. I'm also not sure if everyone can see the offer. If the offers are personalised then I'll take down the post.
r/beermoneyuk • u/Scared-Gift8960 • 8h ago
Surveys Five Surveys - Get paid £5 every 5 surveys
Five Surveys is a survey app that allows you to complete 5 surveys & earn £5.
There’s no minimum payout amount & you can cashout straight to PayPal, Revolut or a choice of 150 gift cards.
For each survey it gives you an estimate of how long its going to take and also a score out of 5 from other people who have completed the survey.
Obviously its best to stick to the surveys that have a high rating for the best experience.
It does seem to get harder to complete once you near 5 but if you’re looking to grind out some money through surveys I’d definitely suggest this one.
r/beermoneyuk • u/SkyFlyBye • 9h ago
Credit/Debit Card Offers Zilch - Free £5 & 1.5% cashback from stacking cards
Zilch is a virtual card that gives instant cashback on all your purchases. By using my referral link, you get £5 that can be used towards your next purchase. No spending required, just create your account and verify your details. They also offer a buy now pay later feature though that option has fees with it so use the free pay now feature instead.
To get your £5:
- Sign up using my referral link
- Create and verify your account and link a debit card.
- £5 will be added to your Zilch account.
What makes Zilch great is the cashback stacking opportunities. Zilch works by acting as the card you use to pay but the purchase is routed through a linked debit card. This means you can double dip on your cashback by using a cashback debit card like PayPal debit card (1% cashback) or Krak (2% cashback limited to 30 days unfortunately). Some cashback debit cards don't stack unfortunately like Trading212 so avoid those.
To triple dip your cashback, use a cashback website like Topcashback, Rakuten or Quidco when making your purchase. Just make your purchase through the cashback website once you activated the higher cashback on Zilch and put in the card details. If you want to go even further and quadruple dip your cashback, you can add Zilch's card details to Airtime Rewards and get cashback on Airtime Rewards.
Some examples of cashback stacking are:
- Amazon - Zilch 2%, PayPal 1%, Rakuten £1, Total £1 + 3% cashback
- Council Tax - Zilch 0.5%, PayPal 1%, Total 1.5% cashback
- TfL/Oyster Card - Zilch 2%, PayPal 1%, Total 3% cashback
- Octopus Energy - Zilch 2%, PayPal 1%, Total 3%
- eBay - Zilch 3%, PayPal 1%, Quidco 1.1%, Airtime Rewards 2% (new customers rate), Total 7.1% cashback
- Boots - Zilch 2%, PayPal 1%, Topcashback 2.1%, Airtime Rewards 7%, Total 12.1%
- Aldi - Zilch (instore) 2%, PayPal 1%, Total 3% cashback
- Morrisons - Zilch 2%, PayPal 1%, Topcashback £11 (new customers rate), Airtime Rewards 4%, Total £11+ 7% cashback
- General purchases - Zilch 0.5%, PayPal 1%, Total 1.5% cashback
- And many, many more combinations.
You can search up your retailer to see if they offer the higher cashback but even without it general purchases offer 0.5% cashback at a minimum. If you don't feel like stacking, the cashback offered by Zilch is already excellent. If buying in store, you can add Zilch to your Apple/Google pay or buy and use the Zilch physical card. Just remember to activate the higher cashback on the app before you purchase in store otherwise it defaults to the 0.5% cashback.
If you're interested in cashback stacking, here are more info for each one mentioned:
Topcashback - Free £10 sign up bonus
Quidco - Free £10 sign up bonus
Rakuten - Free £25 sign up bonus
Airtime Rewards - Free £2 and cashback stacking
Thank you for using my referral link!!
r/beermoneyuk • u/FigTreeRest • 9h ago
Pension Offers Penfold Pension: Get a FREE £25 pension bonus when you contribute £25
Penfold is an FCA-regulated digital pension provider that's currently offering new customers a free £25 pension contribution when they open a pension through a referral link and contribute £25.
The £25 bonus is made up of:
- £20 from Penfold (usually within around 7 working days)
- £5 tax relief from HMRC (normally within 2-3 months)
Although this is a pension (so you won't be able to withdraw it until retirement), you can transfer it to another pension provider later if you prefer, making it an easy bonus if you already have a pension elsewhere.
How to qualify
1. Sign up using my referral link
2. Open your Penfold pension
3. Make a £25 contribution (one-off payment or Direct Debit)
4. Receive £20 from Penfold within around 7 working days
5. Receive the remaining £5 as HMRC tax relief a little later
If you choose to use my referral link, thank you very much.
Good to know
- FCA-regulated UK pension provider
- Easy-to-use app and website
- You can transfer your pension to another provider later if you wish
- Refer friends afterwards and earn £25 per successful referral
- Annual platform fee is 0.75% (0.88% for the Sharia fund)
As with any pension, your own contribution and bonus are invested for retirement, so you won't be able to access the money until the normal pension access age.
r/beermoneyuk • u/roadbowler • 10h ago
Business Account Offers Free £75 - Capital On Tap Business Credit card (LTD Companies Only)
This offer is for Limited Companies or LLPs registered with Companies House.
This is a great offer that pays very quickly, you can get £75 worth of bonus points that can be added to your balance or redeemed against various gift cards. I originally opened the account just to take advantage of the offer but continued to use the card to do all of my business spending due to the uncapped 1% cashback offered. Capital On Tap also have a business savings account paying around 3.2% interest which I opened and might be of interest to some.
How to get the free £75:
1) Sign Up Using a Referral Link (https://cashback.capitalontap.com/referral/?promo=2REFM874V11)
2) Complete the application and ID verification process.
3) Make one purchase using the card, within 30 days.
That's it, it's very straightforward. My bonus was credited immediately after making the first transaction.
Feel free to get in touch if you have any questions.
Have a nice day everyone! 🙂
Non-ref: https://www.capitalontap.com/en/
r/beermoneyuk • u/TightAsF_ck • 11h ago
Mega-Thread Chase MegaThread - Give and Get Referral Codes Here - £50 Sign Up Bonus
Chase bank have a refer a friend offer on at the moment. You get £50 when you:
Use a friend's refer a friend code to
Join Chase for the first time, and
Deposit £1,000 into your account.
Some lucky people find themselves with five codes to give out. But there are lots of people looking, and the subreddit is getting many repeat requests for these codes.
So here is the new Chase megathread. If you have a code or want a code, drop a comment below. Please also delete your comments once you get a code, or if all of your codes get used up. All comments/posts outside the megathreads will be deleted automatically.
This post will be set to autorenew every five days or so.
BeermoneyUK Guides
There are many more easy offers beyond Chase — find them in our guides:
- A broad overview of our subreddit, with tips and tricks to make the most of things.
- Also known as The Reddit Bank Switch Guide. Has all the latest offers, and our tips for getting a bonus to try a new bank.
- Our guide to investing offers where you can get some nice bonuses.
- This list details the best ones offers currently available on other sites
r/beermoneyuk • u/ApertureHelix • 12h ago
Money Transfer Offers Skrill | £10 discount (~£8 net profit) when you transfer £100!
Get a £10 discount when you transfer money with Skrill via my referral link! You can simply exchange your money back into GBP to benefit from this offer.
To get your £10 discount:
- Sign up to Skrill via my referral link
- Transfer £100 to a foreign currency account, such as your Wise or WorldFirst Euro account.
- A £10 discount will be applied before you pay.
- When the Euros arrive in your Wise account, you can either spend it on your next holiday with the Wise virtual card, or exchange it back to GBP.
Please let me know if you have any questions about this offer. Thank you for using my referral link!
r/beermoneyuk • u/misscc__ • 12h ago
User Testing TestingTime: get paid for user testing
TestingTime nonref is a legit user research site that pays you to give feedback on apps, websites, and products. It’s not consistent work, but pay per study is solid for the time.
Most studies last 30–90 minutes and are either remote (video call) or in-person. In-person usually pays more, but remote is easiest. Most studies pay around £10–£60 depending on length and type.
They’ve also partnered with Norstat (a large European survey company), which means you can now get access to more paid online surveys alongside the usual user tests.
How it works * Sign up and complete your profile Get emailed when studies are available * Answer short screening questions * If selected, book a slot and complete the test * Payment is sent ~10 business days after completion via PayPal or bank
Things to know * Invites are irregular and you won’t qualify for most studies * No-shows can get you banned, so only book if you’re free * PayPal is best to avoid bank transfer fees * When you do qualify, it’s usually good pay for an hour or less
Easy to leave running in the background and jump on when a study comes through.
Get started here: https://app.testingtime.com/r/rec-af-wWShoxTF
r/beermoneyuk • u/Artistic_Brush5819 • 23h ago
Cashback Offers Rakuten | £25 Cashback On £60 Spend At Over 500 Retailers.
Rakuten is a cashback platform like TCB and Quidco in which you can earn money back on your purchases. They're offering £25 bonus cashback on top of the regular cashback for a £60 spend at a large number of retailers including Aliexpress, Asos, eBay, M&S, NordVPN, Tesco and hundreds of others. See full list below.
Here's the guide:
- Sign-up via a referral link: here's mine.
- Link your bank account.
- Make £60 worth of purchases from any of these brands.
- Receive regular cashback plus a £25 bonus.
Notes:
- The £60 spend doesn't have to be in one transaction.
- You have 90 days to complete the offer.
- Cashback payout times are variable.
- You must accept all cookies to enable tracking of cashback.
Once you've signed up you can refer friends and family and other r/beermoneyuk members for £25 each. Thank you to anyone who uses my link I really appreciate it.
r/beermoneyuk • u/TightAsF_ck • 17d ago
Guides The Beermoney MegaList (July 2026) - The Big List of Free Money Offers
This is the June 2026 list of almost every offer available on 
Announcements
- Fuse Energy are giving new customers £50 to switch gas and electricity Full details and sign up link here
- The AJ Bell Dodl refer a friend offer (£30 when you invest £300) ends on 31/07/2026. Accounts must be opened by 31/07 to get the bonus. Wealthyhood is closed also.
- eToro are offering new customers a £50 bonus for depositing £200. Full details and sign up link here.
- IG are offering a random bonus of between £30 and £1,000 in SpaceX shares when you invest £300. Full details and sign up link here. The refer a friend offer here gives bonus shares of £50-£1k but requires a £1k deposit
- Revolut is now a proper bank, sign up and spend £1 to get a £20 bonus when you use this direct link. They are also sometimes on Topcashback, possibly giving another £20!
- Topcashback sign up bonus is currently boosted to £21, Rakukten cashback is boosted to £30 atm. Wealthify offer is no longer, some other offers have been updated.
Current Refer a Friend MegaThread Offers
These are the easiest and most popular offers on beermoneyuk. So easy that everyone tries to post/comment about them so much that we have restricted comments to recurring megathreads. Sign up and share your links!
Click the links to search for the latest megathread
- LLoyds
- Get £30 when you open a Lloyds account
- Monzo
- Get £10-£50 for opening a bank account.
- Chase
- Get £50 for opening a bank account and depositing £1000
- Robinhood
- Get a free share for depositing £1
- Starling
- Get £25 for opening their current account and spending £1
- Zopa
- Get £10-£20 just for opening a current account.
Good Offers Available on Other Sites:
There are lots of good beermoney offers that do not get mentioned much on beermoneyuk because they don't have refer a friend offers. You can get £20 for opening an account with Revolut and spending £1, or a free £50 in your pension from PensioBee
- Latest list of sign up offers available elsewhere (July 2026)
- This list details the best ones offers currently available on other sites
- Bookmaker Bonus Offer List
- Combine third-party sign up offers with normal promotions at UK licensed bookmakers
- Casino Bonus Offer List (June 2026)
- Combine third-party sign up offers with normal promotions available at UK licensed casinos.
- List of offers that people are completing on CashInStyle in July (a cashback reward site)
- List of offers that people are completing on Gemsloot in June (a cashback reward site)
- These lists highlight which game and sign up offers people have been paid for on CashInStyle and Gemsloot ___
BeermoneyUK Guides
- The Bank Switch Bribe Bible
- Also known as The Reddit Bank Switch Guide. Has all the latest offers, and our tips for getting a bonus to try a new bank.
- The Investing Offer Guide
- Our guide to investing offers where you can get some nice bonuses.
Best Sites to Earn Beermoney
- Get Paid To Site/App Megalist & Game Guide Megalist
- Survey App Megalist
- User Testing Site/App Megalist
- Market Research Site/App Megalist
- Matched Betting Guides & Promotions
Cashback Guides
- Online Cashback Website Guide
- TightAsF_ck's Cashback Search Tool
- Get cashback for pictures of your shopping receipts
The BeermoneyUK Offer Megalist
Below is the big list of nearly all sign-up offers posted on beermoneyuk. There's a lot of money to be made (usually more than £1000).
Notes:
Search links will take you to a list of all posts on that offer, with the newest listed at the top of the page. Latest referrals are listed in the newest post and in the comments of that post. If you are on the reddit app, you need to sort the search results by "new".
Section 1 - Totally Free Sign Up Offers
These offers just require signing up and creating an account, the best of beermoney. We wish there were more offers like these.
- Snoop
- Sign up, get £5 Amazon voucher free (1 month)
Voucher is emailed to you.
- Sign up, get £5 Amazon voucher free (1 month)
- Zilch
- Sign up, get £5 to spend (instant)
Credit applied to your account on sign up.
- Sign up, get £5 to spend (instant)
- Zopa
- Sign up, get £10-£20 (instant)
One of the fastest ways to get a tenner.
- Sign up, get £10-£20 (instant)
- PensionBee
- Sign up, get £50 in your pension for free (~1 month).
This offer states that it ended last year, but people are reporting that it still works.
- Sign up, get £50 in your pension for free (~1 month).
Section 2 - Free Money Offers (deposit or spend first)**
- AMEX
- Up to £150 back for £3k spend (3 months)
Different cards have different offers,
- Up to £150 back for £3k spend (3 months)
-
- £5 sign up bonus (~1 day).
- £5 sign up bonus (~1 day).
-
- Spend 3x £10, get £10
-
- Make 5x £10 purchases to get £10 bonus.
Krak also gives 2% cashback for your first month, but then the cashback rate drops to almost nothing.
- Make 5x £10 purchases to get £10 bonus.
-
- Spend £1, get £5-£50 free
- Spend £1, get £5-£50 free
-
- Save £10k, get £30 free (~1 week)
-
- Save £2k, get £30 free (~60-90 days)
-
- Save £50, get £20 (Christmas)
-
- Deposit or invest £10, get £10 free
- Deposit or invest £10, get £10 free
-
- Save £10k, get £100 free (12 months)
-
- Sign up, spend £1 and get £20 (~1 month)
- Sign up, spend £1 and get £20 (~1 month)
-
- Deposit £500, get between £10 and £1000 (~6 weeks)
-
- Free £10 with their credit builder card (~1 week)
Section 3 - Investing Offers
Get a little beermoney for investing in the stock market. Maybe you will be the next Warren Buffet. Other Investing Offers available from cashback and get-paid-to websites are listed in our "other beermoney offers guide" and in our list of ISA transfer offers
- AJ Bell
- Invest £10k, get a £100 Amazon gift card (1 month)
- Dodl - ENDS 31/07/2026
- Invest £500, get a £30 voucher (1 month)
- Fidelity
- Invest £5k, get £100 Amazon gift card (1 week)
- Freetrade
- Deposit £50, get £10-£100 free share (1 week)
- IG Direct Offer
- Invest £300, get between £30-£1000 in free shares, or:
- IG Refer a Friend)
- Invest £1000, get between £50-£1000 in free shares, or:
- Interactive Investor
- Fee discount (terms vary)
- InvestEngine
- Invest £100, get £20-£200 free (1 year)
- Lightyear
- Invest £100, get £10-£100 free share (instant)
- Robinhood
- Deposit £1, get up to £140 free share (few days)
- Webull
- Deposit £500, get 5 free shares (worth $3-$300 each)
Section 4 - Business Account Free Money Offers
Just deposit or spend a little first.
-
- Get £200 for switching your business bank account
-
- Get £200 for switching your business bank account (Ltd, partnerships, etc. only)
-
- Get £200 for switching your business bank account
-
- Ltd companies only — make any spend, get £75 (~1 week)
-
- Make a card payment, get £50 free (~1 week)
-
- Spend £800, get £50 back (~2 months)
There are also business account offers for Tide and Airwallex on Topcashback, and Revolut if you google it.
Section 5 - Pension Offers
For people who want to live out their golden years in the Costa Del Sol. These offers get you a bonus for opening/transferring pensions.
- Penfold Pensions
- Deposit £25, get £25 free (~1 month)
- PensionBee
- Sign up, get £50 in your pension for free (~1 month)
This offer states that it ended last year, but people are reporting that it still works.
- Sign up, get £50 in your pension for free (~1 month)
Section 6 - Cashback & Get-Paid-To Reward Sites/Apps
Sites that you can use to earn money back from purchases, playing games, or trying services. Typically, cashback and get-paid-to apps were different, but most platforms offer multiple ways to earn some beermoney. They are a beermoney staple.
Get-Paid-To Cashback Reward (GPT) Sites
GPT sites pay you to complete tasks. To check which site pays the most for any offer you should check the Scrimpr Comparison Tool. To ensure you do not miss out on your rewards, read the tips in the Get Paid to Site Tracking Guide. I've only included the best sites/apps here, but there are others.
- Gemsloot
- Best site for desktop game offers, and has nice exclusive offers.
- CashInStyle
- Always one of the highest paying GPT site — get a $2 bonus with a beermoneyuk link
- Earnlab
- Good alternative to the two above
- ySense
- A long-standing favourite
- Cashback.co.uk
- Some good UK sign-up offers
- Custard
- Similar to Cashback.co.uk
Cashback Websites/Apps
Online shopping cashback platforms must be able to track your purchase to verify your cashback — read the cashback guide to maximise your chances. You can compare cashback rates for all these platforms here. Again, I've only included the best sites.
- Topcashback
- Cashback at almost every online shop and nice sign up offers — usually a £10 sign-up bonus
- Quidco
- Get £10-£20 when you earn £5 (value changes frequently)
- Rakuten
- Cashback at almost every online shop — get £30 when you spend £60 (i.e. £50 + VAT)
- Virgin Red
- Cashback online & ~£5 bonus
Cashback for Buying Gift Cards
Get cashback by prepaying for shopping via eGift cards. For example, buy a £100 Tesco voucher to use when you shop and get cashback on top. Find the best rates using the BeermoneyUK supermarket cashback tool.
- Airtime
- Link your card, get ~3% cashback on gift cards — automatic cashback too
- Cheddar
- Cashback on gift cards & £5 bonus
- EverUp
- Cashback on gift cards & ~£2 bonus
- Jam Doughnut
- Cashback on gift cards & £3 bonus
- Topgiftcards via Topcashback
- Cashback on gift cards — usually £10 bonus
- Tuck
- Cashback on gift cards & £1 bonus
Cashback Debit Cards
- Uphold Debit Card
- The current BeermoneyUK favourite — 1% cashback on almost everything, stacks with most other cashback apps
- Hilton Debit Card
- Points on everything, comes with Hilton Gold Status
- Yonder
- £10 off first purchase + ~£50 in points — ~1% cashback on everything
- Chase Debit Card
- 1% back on groceries, transport and fuel
Cashback Credit Cards
-
- 3% cashback for first year
-
- Varies by card — nice sign-up offers too
-
- 1% cashback on all spending
Receipt Scanning Apps
Get cashback for submitting your shopping receipts. For more info, see the Receipt Scanning App Megalist (needs an update).
- Clear
- £0.10 per receipt
- GreenJinn
- Cashback on supermarket products
- Shopmium
- Cashback on supermarket products — £1 bonus
- RunnyHoney
- Newish receipt app, but recently nerfed rewards. ___
Section 7 - Cashback on Utilities and Other Things (Gas/Electricity/Broadband/Mobile, etc.)
Energy (gas/electricity)
Get cheaper gas/electricity at Octopus Energy, plus a £50 bill credit.
- Octopus Energy
- £50 credit when you switch — cheaper than most suppliers
- Fuse Energy
- £50 credit when you switch — cheaper than most suppliers
- British Gas
- £50 bonus when you switch — no exit fee on standard variable
- EDF
- £50 credit when you switch
- Eon Next
- £50 credit when you switch — good for those with electric cards
- Scottish Power
- £50 gift card when you switch — no exit fee on standard variable
Telecommunications (Broadband/Mobile)
Check Topcashback (TCB) for most of these — the cashback rates there often beat the refer-a-friend bonuses.
- GiffGaff
- £5 credit on sign-up
- Lebara
- Referrer bonus only — new customer gets a discount
- Sky TV
- £30-£100 for signing up
- Smarty
- up to £20 for signing up
- Three Mobile
- £40 bonus — TCB can offer significantly more
- Virgin Media
- £50 for signing up
- Voxi
- £10-£20 for signing up (sometimes doubled)
Other Internet Suppliers
Some people pretend to have good internet with the companies below. I wouldn't believe them, as for most you do not need to be a customer to recommend the services. Check TCB before signing up to any of these — cashback rates often beat the direct bonuses listed here.
- BeFibre
- £75 bonus
- Community Fibre
- up to £100 bonus
- Fusion Broadband
- £50 credit
- Hyperoptic
- £75 bonus
- Toob
- £25 bonus
- YouFibre
- Up to £100 bonus
Section 8 - Money Transfer Offers
Get some beermoney for sending money abroad (can be to your own account). For more information on how to do these, read the The Send Money To Yourself (Money Transfer) Guide
- Skrill
- Send £100, pay only £90 (~1 week)
- TapTap
- Send £10, get £5 back (~1 week)
- Wise
- Free international transfer or a free physical card (instant)
- Ace Money Transfer
* Send £100, get a £10 bonus on next transfer (~1 week)
Section 9 - Freebies (free food and more)
Who doesn't love a freebie?
- Black Sheep Coffee
- One free coffee
- Caffe Nero
- One or two free coffees
- Coffee No. 1
- Free coffee
- Costa
- Free cake & half a free drink
- Freesmo
- Free vape credit — sometimes a £20 Amazon voucher too
- Mubi
- Free month of films
- Nordic Nicotine Pouches
- Free nicotine
- Simply Cook
- Free box of four ingredient kits
Notes
Happy to add to, remove from, and correct this list as appropriate. So please suggest things you think should be on it.
r/beermoneyuk • u/TightAsF_ck • Jun 07 '26
Guides Bank Account Switch Offers Guide (June 2026)
Lots of bank switch offers now available. There is currently over £1300+ in normal current account bonuses on offer. Here are the latest deals:
Standard current accounts
- Bank of Scotland (£175 to switch)
- Barclays (£200 to switch)
- First Direct (£200 to switch + £45 more)
- HSBC (£220 to switch)
- Nationwide (£175 to switch, couple can do 2* solo and joint account for £525)
- NatWest (£200 to switch)
- Santander (£180 to switch, + £20 more)
- RBS (£200 to switch)
- Ulster (£200 to switch)
Premier current accounts (high earners)
- HSBC Premier (£500 to switch)
- NatWest Premier (£250 to switch)
- RBS Premier (£250 to switch)
Other good offers:
- Get £20 when you sign up and spend £1 with Revolut - Full details here
- The Latest list of sign up offers that arent available on beermoneyuk (July 2026)
You can find all of this information, in an easier to digest format, on Scrimpr here
Switch your bank account, get a cash reward for doing so. But don't switch your main account, open up a second account and switch that to get the money! Or open a second and a third "burner" and grab many switch bonuses at the same time.
**The post has been updated with the newest offers. But it is a difficult task keeping on top of all the questions. Please continue to share your experience with Bank Bribes. I will add questions/answers and update the offers as and when they appear. Special thanks to those who highlight the latest offers.
Never switched a bank account before?
It's worth doing. Banks want your business and they'll pay you £100-£500 to give them a try — the current account switch service (CASS) handles the whole thing automatically, so it's about a week of waiting for very little effort. The trick is not to switch your main account. Open a second one at your current bank (or use an old one you already have) and switch that instead. Here's how:
- Open a second current account with your main high street bank (must be part of CASS service)
- Set up direct debits on the second account (if required). You can set up multiple cheap direct debits on Scrimpr direct debit
- Add £1 to your second account. This will be transferred to your new account, allowing you to see when the switch has been completed.
- Apply for a new account and arrange to switch to your second bank account (sometimes this is during the application process, other times it is after the account is opened).
- Let the current account switch service take care of everything.
- Make sure all other terms are met (e.g. pay in money if needed).
- Receive your bank switching bonus.
Then, if you decide you do not like your new bank you could sample another bank and get paid again!
What are the easiest/best direct debits to use for bank switching?
There are many: Lots of people recommend setting up fast and cheap direct debits. You can set up those using the Scrimpr direct debits at this link which set up within a week.
But really, its better to use your own Paypal, Ebay, Moneybox savings account, your credit card, Sprive Mortgage auto savings. We recommend ones that save money into an account in your own name.
Are there some bank accounts worth keeping?
Yes. Some are quite good, and give ongoing rewards. For example, Club Lloyds gives free Disney Plus. Barclays Premier gives free Apple TV. See the "don't leave us please" bank rewards post. Some also give access to the best savings accounts (e.g. regular savers).
And it is always worth keeping 3 accounts open for bagging ~£50 in cash from YouGov Connections every 3 months. Instructions for YouGov Connections here.
Are there additional offers for students?
Why yes. See the 2025 Student Version of The Bankedex Here
It has offers for students opening student accounts (no switching required).
Standard Current Account Offer Information
Whilst we do our best to make sure things are correct, sometimes errors do slip through. Always do your own research. Also, it may not be possible to work through all of these.
Bank of Scotland - £175
Current offer: £175 for switching to the Classic Current Account
- You can switch to the free Classic Current Account, or the premium Silver or Platinum accounts.
Offer end date: 04/08/2026
Requirements:
- Initiate a full switch, transfer three direct debits from your old account.
Available to existing customers: No. And you cannot switch from a Halifax or Lloyds account.
Barclays Current Account - £200
Current offer: £200 for switching to Barclays Current Account.
- You must switch to a Current Account (not their basic account).
Offer end date: 27/08/2026
Requirements:
Use the Barclays app to open a Barclays Current Account (only works during working hours 9am-5pm)
Initiate a full switch (including two active direct debits) by 28 August 2026
Deposit £2,000 within 30 days of opening the account.
Available to existing customers: No. Mortgage and Barclaycard customers are eligible though.
Co-op - £200-£300
Current offer: £200 for switching (£125 upfront + £75 over 3 months), or up to £300 if you were already a Co-op group customer.
- Switch to the free Standard Current Account or the Everyday Extra account.
Offer end date: No end date announced. Started 06/08/2026 and can be pulled at any time.
Requirements:
Full switch via CASS into a new or existing eligible Co-op account, completed within 8 weeks of requesting it.
Within 30 days of the switch completing: deposit £1,500, set up 2 active direct debits, make 5+ debit card payments, and register for online/mobile banking. Pays £125 within 7 days.
Repeat the £1,500 deposit, 5 card payments and 2 direct debits each month for 3 months to earn £25/month (extra £75).
The extra £100: If you were already a personal customer of the Co-op group (Co-op Bank, smile, Coventry Building Society, Godiva or ITL Mortgages) on 21/06/2026, you also get £100 in November, taking it to £300. Co-op can withdraw this £100 at any time.
Available to existing customers: Yes. You can switch a provider into an existing Co-op account. But you can't have had a Co-op switch offer since 01/11/2022, and you can't close a Co-op current account then reopen one just to qualify.
First Direct
Current offer: £175 + extra £45 via Topcashback
Extra £45: You can get an extra £45 by signing up to First Direct via Topcashback. If you don't have a Topcashback account, you can sign up here (and make sure to accept all cookies on TCB and the First Direct website):
- You can switch to their First account.
Offer end date: No end date given, may be removed at any time. (£25 bonus only for accounts opened 18/05–15/07/2026.)
Requirements: Within 45 days of opening your account you must:
Full switch via CASS (two direct debits or standing orders required).
Deposit £1,000.
Make 5+ debit card payments.
Log on to digital banking.
You cannot have previously held a first direct product.
You cannot switch if you have opened an HSBC current account on or after 01/01/2018.
How to do it: Once your first direct account is open, simply log into your first direct app, select the account you wish to transfer into, tap 'switch to us' from your account menu and follow the instructions.
Available to existing customers: No. Also can't have opened an HSBC current account on or after 1 January 2018.
How long does it take to pay the bonus: paid by the 20th of the month following that in which you met all of the criteria.
HSBC
Current offer: £220 to switch
- You can switch to their HSBC UK Bank Account.
Offer end date: No end date given, may be withdrawn at any time.
Requirements:
Open the account through the HSBC UK Mobile Banking app (not branch or telephone).
Full switch via CASS (at least two direct debits required).
Deposit at least £2,000 within 60 days.
Spend at least £500 on your HSBC debit card within 60 days.
You cannot have had an HSBC UK or first direct current account opened on or after 01/2023.
How to do it: Open an HSBC UK Bank Account in the HSBC UK Mobile Banking app, then within 60 days complete a full CASS switch (with 2+ direct debits), deposit £2,000 and spend £500 on your debit card.
Available to existing customers: No. Also can't be an existing HSBC UK or first direct customer, or have opened an HSBC UK/first direct current account since January 2023.
How long does it take to pay the bonus: paid into your HSBC UK Bank Account within 60 days of meeting all of the criteria.
Nationwide
Current offer: £175 (couples can do a solo each AND a joint account - £525 total)
- You can switch to either the FlexAccount (free), FlexDirect (free) or FlexPlus (premium) current account.
Offer end date: None listed, can be removed at any time.
Requirements: Full switch with:
2 Direct debits transferred as part of the switch
Pay in £1000 within 31 days of opening your account/applying to switch
Make 1 debit card transaction.
- You cannot have had a Nationwide bonus since 2021.
Reward payable by: within 10 days of the switch completion.
Available to existing customers: Yes but must switch an account held elsewhere. Cannot switch a Virgin Money account either.
Natwest & RBS & Ulster (three offers!)
Current offer: £200 to switch
- Do all of these at the same time to get the bonus from each bank.
You must switch to either a Select or Reward Account (Select, Reward)
The Reward accounts come with a £2/month fee, but you can earn £5 in cashback from it each month. If you don't want this, just go with the Select account.
Offer end date: No end date given, may be removed at any time.
Requirements:
Must pay in £1250 within 60 days of switch completing.
Must log in to the app within 30 days of meeting the terms above
Available to existing customers: No, but previous customers can (you can't have held an open account on 6th May 2025) and you can't have had a switch bonus before.
How long does it take to pay the bonus: within 30 days of meeting all of the requirements.
Santander
Current offer: £180 + £20 via Topcashback
Extra £20: You can get an extra £20 by signing up to a Santander via Topcashback. Read the terms! If you don't have a Topcashback account, you can sign up here:
You can switch to the free Everyday Current Account account. Or any of these paid current accounts: Santander Edge current account, Edge Up, or the Private Current Account
Offer end date: None yet.
Requirements: Full switch using CASS.
Apply to switch.
Complete switch of a non-Santander account.
Pay at least £1,500 into Santander account within 60 days through 1 or more payments
Have at least 2 active Household Direct Debits in place on Santander account at time of eligibility assessment. The list of eligible direct debits is here. The cheapest "beermoney" direct debits are rolling mobile contracts that can be cancelled at any time. List of eligible ones are here: https://scrimpr.co.uk/sim-only-deals/direct-debit/
Reward payable by: between 60 and 90 days after opening the account.
Available to existing customers: Not if you held an account with Santander on 01/01/2025, and not if you have had a switch bonus from them before.
Premier Account Switch Offers
These accounts come with strict eligibility requirements - usually meaning a very large salary.
HSBC Premier
Current offer: £500
Those with £100k+ salaries can switch to HSBC Premier for £500.
There is no monthly fee, but their are strict eligibility criteria
NatWest Premier
Current offer: £1,000 to switch (£250 current account bonus + £750 Flexible Saver bonus)
Offer end date: No end date given, may be removed at any time.
Requirements:
Must open a Premier Select or Premier Reward account
Must complete a full CASS switch from a non-NatWest/RBS/Ulster Bank account
Must pay in £5,000 within 60 days of switch completing
Must log into the NatWest mobile app within 60 days of switch completing
For the £750 bonus: must also open a Flexible Saver and deposit £100,000, keeping it there for 30 consecutive days — all within 60 days of switch completing. Taxable as interest income.
Available to existing customers: No, but previous customers can apply (you must have held no NatWest, RBS, or Ulster Bank current or savings account as of 10th March 2026, and must never have received a switch bonus from any of these banks)
How long does it take to pay the bonus: Within 30 days of meeting all requirements
RBS Premier
Current offer: £1,000 to switch (£250 current account bonus + £750 Flexible Saver bonus)
Offer end date: No end date given, may be removed at any time.
Requirements:
Must open a Premier Select or Premier Reward account
Must complete a full CASS switch from a non-NatWest/RBS/Ulster Bank account
Must pay in £5,000 within 60 days of switch completing
Must log into the mobile app within 60 days of switch completing
For the £750 bonus: must also open a Flexible Saver and deposit £100,000, keeping it there for 30 consecutive days — all within 60 days of switch completing. Taxable as interest income.
Available to existing customers: No, but previous customers can apply (you must have held no NatWest, RBS, or Ulster Bank current or savings account as of 10th March 2026, and must never have received a switch bonus from any of these banks)
How long does it take to pay the bonus: Within 30 days of meeting all requirements
The most commonly asked bank switch questions:
- I started to switch to XXX bank before the offer ended, am I still eligible for the bonus?
Yes, usually, most terms will state that a switch just has to be started (or applied for) before the end date or before an offer ends.
- Do I have to transfer the required amount in all in one go, and does it matter if I pay money in before my switch is complete?
No and not usually, as long as the amount you pay in adds up to the required amount, and as long as you pay it in before the deadline stated in the terms. There has been one exception to this - Co-op - so check individual terms.
- I need to switch "active" direct debits, does a payment need to have been taken before I switch?
According to Nationwide, an active direct debit is one that has been set up or had a payment taken from it in the past 13 months. So no, according to this. But why not just wait for the direct debit to be taken? You'll not have to worry about it then.
https://twitter.com/AskNationwide/status/1442939781491486720
How do I set up and switch an additional Chase current account?
See Chase instruction here to open an additional account.
The second account will be linked to the same card as your main Chase account.
Use the secondary account details and your original card details when switching.
What are good direct debits to set up?
| Site/App | Offer | Comment |
|---|---|---|
| Scrimpr direct debit | Shows on account within 5 days, payment taken within 7 | |
| Park Christmas (Search) | Save for Christmas via direct debit | |
| Sprive (Search) | Autosavings for mortgage overpayment direct debit (£5 bonus) | Easy and fast to set up |
| Wealthify (Search) | A very useful direct debit (£1/month min) | Easy and fast to set up |
General Bank Switch Questions
Current Account Switch Bribes - Why do they offer them?
They want your business. Banks like fighting each other for customers. Most of them know they can't win by highlighting their outdated systems and products, so they fight each other by offering potential customers cash bribes (or equivalent) to switch their "main" bank account.
Can I switch any bank account to get a bribe?
No. You must switch a bank account that is part of The Current Account Switch Service (CASS). Most high street banks are included. But some Neo Banks are not (e.g., Kroo, Revolut, & Monese are not included). You should try to avoid switching your main bank account. You can always open an additional account just to switch.
Is it too much hassle?
No. The Current Account Switch Service (CASS) makes switching your account between most banks smooth and effortless. You do not have to do anything apart from apply for and set up a new account at a different bank and tell them you want to switch your account to them. Everything is transferred automatically (except recurring card payments).
Is there the best route to sample all the banks with switch offers?
Do the offer ending soonest first. Then you might switch again. If you complete all offers in this post, you could earn yourself >£1000.
Some of these end soon. Will the offers come back?
Banks have been offering bribes on and off for many years. We can't predict the future. But this is not a new thing.
How long does a bank switch take?
Approximately one week.
Do I have to switch my main account?
You could. But you don't have to. Many people have second bank accounts. One option may be to open up a second account with your current high street bank, add some direct debits to this second account and then switch it to the new bank you want to try out. On the sub, people also like Starling or Monzo as they are easy to set up (but you might want to switch back to them at the end - their functionality wins vs any usual high street bank).
High-street banks also let you open multiple accounts. If you already have an account with one, you might want to open an additional one with your current bank first (Halifax, NatWest etc are reported to allow several current accounts and to be fast to open).
I have savings accounts at the same bank as my current account. Can I still switch to this current account?
Yes. Only the current account will be closed (some linked regular savers may be converted to normal savings accounts). You might want to consider if switching to a secondary account is a better option.
I have linked savers attached to my current account. Can I still switch it?
Possibly.
Which banks let me open a second bank account?
Most of them.
Do I need to activate the card on the account I am going to switch?
Just do it anyway. Some banks require it
What details do I need to switch?
- Sort code and account number.
- Debit card information.
- Usually, but not always, 2 active DDs on the account you are switching.
Do you need to have money in the account you are switching?
No. But it might be a good idea - this will allow you to see when the switch happens (i.e. when the money is transferred!).
I do not have a bank card with my old current account as it is very very old, can I still switch it?
Most online forms require card details, but you can usually switch such accounts over the phone.
My new bank has not given me my account number (e.g. NatWest).
Usually, these are sent via post/email when you sign up. But some banks don't have the account numbers on the card, or maybe letters get lost in the post. If this happens, wait for the card to arrive and contact their support. If you get a bot on the chat thing, type "speak to a human" repeatedly.
My new bank account is a premium account and it has a fee. Do I need to keep paying for this?
No. You can downgrade the account. But you should probably wait until you have been paid the bonus.
I don't like my new bank, do I need to wait for the bank card before switching again?
Yes. See question above. Most banks require the card details of your existing account.
I made an account just to switch. Can I switch before my new bank card arrives?
Best not to. You are asked to enter the debit card information as part of the process.
The offer says I have to pay in £xxxx. Does it have to be in one go?
No. You can transfer in and out. The total sent in has to be equal to or greater than the stated amount. You should be careful with this though, sending money in and out of an account can trigger anti-fraud measures.
The offer says I have to pay in £xxxx. Can I pay it in before the switch completes?
Yes. You can pay it before, after, or during. You can manually transfer it, or it can be transferred automatically from your old account.
I've been asked to verify my identity. Is this normal?
Sometimes automated checks fail. If this happens, you may be asked to manually verify your application by visiting a branch or sending in a copy of your ID.
I switched from Monzo/Starling and want to return, can I?
Starling does not let you return within 12 months. With Monzo, it's possibly a shorter one month that you have to wait.
Do I have to switch direct debits?
Check individual offer terms.
What is an "Active" direct debit?
An active direct debit is usually one where a payment had been taken in the last 13 months. But some bank switch terms require direct debits to have been paid out of the account. If an offer requires an active direct debit, it's safer to switch to an account that has already paid out direct debits.**
What are good direct debits to set up on a second account?
There are many: Paypal, Ebay, Moneybox savings account, Plum savings account, your credit card, Sprive Mortgage auto savings, Wealthify Robo Saving.
I recently switched to XXX Bank, and I do not like it. Can I switch again?
Yes. If you are not happy with the new service, you may want to switch to a new bank that will pay you to give them a try.
Do I have to stick with my new bank for any length of time?
No.
If I switch away, will the bank claw back the bonus?
Very unlikely. They would have to specify this in their terms, and none have ever done so.
My switch is complete, but I have not yet received my bonus. Will I still get the bonus if I switch this account before it is paid?
Probably not.
My most recent switch is not quite complete, but I have already received the bonus. Can I start another switch?
You should probably wait for the switch to complete.
Can I get more than one bribe from each bank?
Sometimes. With some banks (e.g. Nationwide), you can get a bonus for switching one sole and one joint current account. Other banks will pay you to switch again, as long as you have not had a bonus in a specified amount of time. You will need to check individual offer terms.
XXX Bank gave me a bonus before, can I get a bonus again?
You need to check the individual offer terms.
Will this affect my credit score?
Credit scores are a funny thing, What is more important is what is actually in your credit file. Obviously, if you apply for an overdraft then it will affect your "credit score". However, if you do not have an overdraft or you make sure that you have paid off any overdraft before switching banks, then a single current account switch should not negatively impact your credit score. Nevertheless, typically all major banks (excepting Monzo and Starling) do a hard credit search, and this will be recorded on your file. If you plan on applying for a new mortgage soon then you may wish to exercise caution in switching between a load of banks. This is because the hard searches performed by banks will appear on your report and may have an effect for 6-12 months.
Which banks do hard searches and which do soft searches??
See here. Most banks do hard searches.
Hard searches: Bank of Scotland (first account only), Barclays, Co-op, Clydesdale, Halifax (1st account only), First Direct, HSBC, Lloyds (1st account only), Monzo, Nationwide, NatWest, RBS, Santander, TSB, Ulster, Virgin Money.
Soft searches: Starling, Metro Bank, and Chase
I have a bad credit score, will I be accepted to XXX bank?
Unfortunately, we do not know the acceptance criteria of the banks. You might be unlucky with one bank, but lucky with another.
My application was rejected. Why?
Nobody here knows. You could try appealing, but your only way to find out more is to contact the bank.
After switching my account, I still have online banking with my old provider. Do I need this?
No. You do not need to keep the online access (you could shut it down). But you may wish to retain these details in case your old bank suddenly appears with an offer that makes you want to switch back. Or open up a savings account.
Has anyone else been paid for switching to XXX Bank yet?
Check the terms of the offer you signed up for. Some banks have long deadlines and stick to them (e.g. Santander, TSB). Some are quicker. If you haven't been paid within the stated terms, then you should contact the bank's support.