Bank-switch rewards: read the conditions

Check the full requirements, not just the advertised bonus.

1. Check whether previous customers or previous bonus recipients are excluded, and which accounts qualify for the promotion.
2. Record the switch deadline, any minimum deposit, active Direct Debit requirements and whether a full account switch is required. Moving money yourself may not count.
3. Consider account fees, overdraft terms and the effect of closing your old account. Do not close it yourself if the provider requires its switching process.
4. Keep proof that you met each condition. If payment is late, contact the bank through its official app or published contact details.
5. Never transfer money to a stranger who offers to arrange a switch or release your bonus. Ways2Earn does not handle your bank switch.

Offer-specific terms change. Confirm every requirement directly with the bank.

MoneyHelper: banking and payments