July’s Best Bank Switching Deals: Earn Cash & Free Perks
Switching your bank account has never been more rewarding. With the Current Account Switch Service (CASS), millions have moved their accounts effortlessly – transferring money, direct debits and standing orders in just 7 working days. This July, banks are competing with cash bonuses up to £185 and free cinema tickets to attract new customers.
Why Switch Your Bank Account?
✔ Free cash bonuses (up to £185 available)
✔ Exclusive perks like cinema tickets & travel insurance
✔ Better interest rates on savings & overdrafts
✔ Improved customer service from modern digital banks
✔ Guaranteed smooth switch with CASS protection
July 2024’s Top Switching Offers
1. £175 Cash + Free Movies (NatWest/RBS)
-
£175 free cash when switching
-
2 free cinema tickets per month for 12 months
-
Must deposit £1,250/month & use mobile banking
-
Switch deadline: 4th July 2024
2. £185 Welcome Bonus (First Direct)
-
£185 cash after switching
-
1 year free £250 overdraft
-
7% regular saver account available
-
Must pay in £1,000 within 3 months
3. £150 + 1% Cashback (HSBC)
-
£150 switching bonus
-
1% cashback on bills (up to £50/year)
-
Must deposit £1,500/month
-
Offer ends 25th July 2024
What to Consider Before Switching
-
Minimum pay-in requirements (typically £500-£1,500/month)
-
Direct debit transfers (some require 2+ active payments)
-
Credit checks (most banks perform soft searches)
-
Long-term value beyond the initial bonus
How the Switching Process Works
-
Choose your preferred bank & offer
-
Apply for new account (online/in-branch)
-
Authorise the switch via CASS
-
All payments move automatically in 7 days
-
Receive your cash bonus (usually within 28 days)