Earn Money Switching Banks

Many UK banks offer switching bonuses including Monzo, Revolut, Starling Bank, Chase, First Direct, Halifax, NatWest, and HSBC. Bonuses typically range from £5 to £200 depending on the bank and current promotions.

Yes, you can open accounts with multiple banks and earn bonuses from each one. There's no limit to how many UK bank accounts you can hold. Just make sure you meet each bank's referral requirements.

No, you don't need to close your existing bank account. You can keep all your accounts open and simply open new ones to earn referral bonuses.

Most bank referral bonuses are credited within 7-30 days of meeting the requirements. Some banks like Monzo pay almost instantly after you make your first card payment.

Most basic current accounts don't require a hard credit check. Digital banks like Monzo and Revolut typically only do a soft check that doesn't affect your credit score.