Banks paying you to switch accounts in 2026: six offers

An article lists six UK banks offering cash incentives for switching in 2026 and highlights TSB's offer, which requires switching by March 20, depositing at least £1,000, making five debit-card purchases and logging into the TSB app to qualify for rewards totalling up to £200.

An article describes six UK banks offering cash incentives to customers who switch current accounts in 2026. It highlights a TSB offer with specific eligibility steps and a quoted switching bonus worth up to £200. Mr Douglas is reported as advising that other banks are also offering incentives and that staying with the same bank may not be best for everyone. The piece also notes the Current Account Switch Guarantee, which moves regular payments, income and balances automatically within seven days. Key details: - The article lists six banks offering cash incentives for switching in 2026. - For TSB, to be eligible for the first £150 customers must switch by March 20, deposit at least £1,000, make five debit-card purchases and log into the TSB app. - TSB customers can earn an additional £50 by depositing another £1,000 in April, as described in the article. - TSB is quoted saying its Spend & Save and Spend & Save Plus accounts include features and that the switching offer is worth up to £200. - The Current Account Switch Guarantee is reported as shifting regular payments, income and balance automatically within seven days. Summary: The article presents switching incentives from six banks and gives specific steps and deadlines for TSB's offer. It reports that TSB's promotion can total up to £200 for customers who meet the deposit and spending conditions. Details and deadlines for the other banks were mentioned but not fully detailed in the excerpt. Undetermined at this time.