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How to set up a direct debit for a bank switch
Your options, step-by-step setup and how long to leave it before you switch.
Read guide →What counts as an active direct debit?
The bank-by-bank rules, and what doesn't count.
Read guide →The best cheap direct debits for bank switching
Free and paid options compared.
Read guide →Bank switching offers
Santander £240 switching bonus
2 household direct debits, £1,500 pay-in and a £200 Regular Saver deposit. Reported to close 7 Oct 2026.
Read guide →HSBC £220 switching bonus
2 direct debits, £2,000 pay-in and £500 card spend. Opened in the HSBC app.
Read guide →First Direct £210 switching bonus
2 direct debits or standing orders, £1,000 pay-in and 5 card payments. Open by 2 Dec 2026.
Read guide →Lloyds £200 switching bonus
3 direct debits transferred by the switch. Open by 9 Dec 2026.
Read guide →Looking for the latest offers side by side? See the current bank switching offers table. Offers change often, so always check the bank's own terms before you switch.