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Last updated: 22 February 2026

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The complete beginner's guide to earning £500+ per year from bank switching. We cover exactly which banks to target, the perfect order to switch, and how to meet every single requirement effortlessly.

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Which banks to switch to first
Month-by-month game plan
How to meet every requirement

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UK Deals & Offers

AI-sourced deals across energy, broadband, investments and more.

Total Value: £92,584+

Octopus Energy

energy

Referral

£50 energy credit each via Refer a Friend

Reward is bill credit (not cash). Business/charity referrals have different amounts.

£50Each
Details

OVO Energy

energy

Referral

Up to £50 energy credit each (dual fuel) via referral

Reward structure varies by fuels and payment method; £50 is the maximum for dual-fuel Direct Debit referrals.

£50Each
Details

E.ON Next

energy

Referral

£50 voucher each for successful energy referral

Voucher can be spent with a selection of retailers via the referral partner.

£50Each
Details

EDF Energy

energy

Referral

£50 off energy bill each for successful referral

EDF ran a higher seasonal reward that ended on 2025-12-23; £50 each is the standard reward.

£50Each
Details

ScottishPower

energy

Referral

Up to £60 energy credit each via referral

ScottishPower markets this as 'share up to £120 credit' (up to £60 each).

£60Each
Details

British Gas

energy

Referral

£50 voucher each for dual fuel energy supply referral

Page describes British Gas referral rewards for energy supply.

£50Each
Details

British Gas

energy

Referral

Up to £100 each for referring a new boiler customer

Reward options include £100 Amazon voucher, £100 PayPal payment, or a £50 Hive voucher.

£100Each
Details

Good Energy

energy

Referral

£50 energy credit each for referring a tariff switch

Separate from Good Energy's home-improvement product referral vouchers (solar/heat pump).

£50Each
Details

Good Energy

energy

Referral

£125 voucher each for referring solar panels

Good Energy also advertises higher combined rewards if multiple products are purchased.

£125Each
Details

Good Energy

energy

Referral

£125 voucher each for referring a heat pump install

Good Energy also advertises higher combined rewards if multiple products are purchased.

£125Each
Details

Utilita Home

energy

Referral

£150 reward for referring a solar + battery installation

This is a home-improvement referral reward (not an energy tariff switch).

Octopus Electric Vehicles

energy

Referral

£100 Electroverse credit each when referral takes delivery

Octopus EV describes this as splitting £200 total credit (£100 each).

£100Each
Details

UK Government (Boiler Upgrade Scheme)

energy

Promo

Heat pump & biomass boiler grants (England & Wales)

This is a government grant (not a supplier referral). Eligibility rules apply.

£7500
Details

Home Energy Scotland

energy

Promo

Heat pump grant up to £7,500 (plus optional loan) — Scotland

Amounts and eligible measures vary by improvement type and rural uplift status.

£7500
Details

UK Government / Ofgem

energy

PromoEnds 31 Mar

Great British Insulation Scheme (free/cheaper insulation support)

Not a cash payout; benefit is reduced/covered insulation costs where eligible.

Free or cheaper home insulation (amount varies)
Details

Virgin Media

broadband

Referral

£50 cashback each for referring broadband/TV/phone services

Virgin Media states broadband/TV/home phone referrals pay £50 cashback each.

£50Each
Details

Hyperoptic

broadband

Referral

Voucher worth up to £100 each for successful referrals

Voucher value depends on the broadband package chosen.

£100Each
Details

Community Fibre

broadband

Referral

£50 gift card each for Refer a Friend

Gift card must be activated within 90 days of receiving the email.

£50Each
Details

Plusnet

broadband

Referral

Ongoing monthly bill credit when you recommend Plusnet

If referral credits reach £50+, Plusnet states you can contact them to pay out the balance.

£1.25
Details

InvestEngine

investments

Referral

Referral investment bonus (random £20–£100 each) when friend invests £100+

Actual bonus is random within the £20–£100 range.

£100Each
Details

Wealthify

investments

Referral

Refer a Friend: £50 each (with £1,000 invested for 6 months)

Investing involves risk and capital is at risk.

£50Each
Details

Freetrade

investments

Referral

Free share referral (typically £10–£15 value each) with £50 net funding

Free share value is £10–£15 range.

£10Each
Details

Fidelity

investments

Referral

£100 Amazon.co.uk gift card each (referral)

Gift card codes have redemption windows per Fidelity FAQ.

£100Each
Details

AJ Bell

investments

Referral

£100 Amazon.co.uk gift card each (recommend a friend)

Gift cards are sent by email once requirements are met.

£100Each
Details

Dodl (by AJ Bell)

investments

Referral

£30 gift card each when referee invests £500+

Investing involves risk and values can go down as well as up.

£30Each
Details

IG

investments

Referral

IG Refer a Friend: £100 per friend (up to 5) for referrer

Investing carries risk.

interactive investor (ii)

investments

Referral

Recommend ii: £200 per friend + friend gets a year without account fees

The £200 reward is for the referrer; friend benefit is a year without account fees.

£200Each
Details

VOXI

mobile

Referral

Refer a friend: up to £20 gift card each

VOXI describes this as 'no cap' on referrals, but also states an annual maximum reward limit.

£20Each
Details

BT NET

mobile

Referral

Give £10, get £10 (SIM-only) gift card reward

Gift card options include Amazon.co.uk, John Lewis Partnership or Uber.

£10Each
Details

Monzo

fintech

Referral

£5 each when a referred friend opens a Monzo account and pays with the card

This is not a CASS switching incentive; it is a referral bonus for opening/using an account.

£5Each
Details

Monese

fintech

Referral

Invite & Earn: £5 each after first card transaction + £5 each after £500 spend

Total potential reward per friend referral is £10 each (two stages).

£10Each
Details

Zilch

fintech

Referral

Refer and earn: £5 Rewards each after friend's first Tap and Pay purchase

Zilch Rewards are loyalty points (often treated as money-off balance) rather than cash withdrawal.

£5Each
Details

Chase UK

fintech

Referral

£50 each credited to rewards balance (targeted eligibility)

This is a referral bonus, not a current account switching (CASS) incentive. It is targeted (not all customers will see it).

£50Each
Details

Expedia

other

ReferralEnds 31 Jul

£25 hotel coupon for referred friend (Expedia app)

This captures the 'friend coupon' portion shown in Expedia's referral terms.

So Energy

energy

Referral

£50 energy account credit each via Refer a Friend

So Energy states the £50 credit appears in bill balance breakdown under a refer-a-friend entry with the date applied; sharing links via bulk distribution/spam is prohibited per their terms.

£50Each
Details

Sainsbury's Energy (powered by E.ON Next)

energy

Referral

£30 voucher each when a friend switches and pays first Direct Debit

Vouchers are described as redeemable with 100+ retailers; scheme has caps (e.g., max 5 rewards per 24h and 25 per 12 months).

£30Each
Details

Your Co-op Energy

energy

Referral

£25 bill credit for each successful referred energy switch

The page states the scheme runs from 7 Feb 2025 and is subject to availability; reward is not transferable/exchangeable for cash.

UK Government (Warm Home Discount)

energy

PromoEnds 31 Mar

£150 electricity bill rebate for eligible households (winter 2025/26)

Not a switching incentive; it is an eligibility-based rebate applied via obligated suppliers under the Warm Home Discount scheme for winter 2025/26.

brsk

broadband

Referral

£50 Amazon voucher each for successful BetterNet referral

brsk's Promotions T&Cs label this as an active referral promotion; paid digital advertising for referrals is prohibited.

£50Each
Details

Hey!Broadband

broadband

Referral

Limited-time: £50 Amazon voucher each for Refer-a-Friend

The page explicitly describes the £50 Amazon vouchers as a limited-time offer but does not show a specific end date.

£50Each
Details

YouFibre

broadband

Referral

Refer & Earn: up to £100 cash each when a friend joins

Reward amount varies by package (provider describes it as 'up to £100'); rewards are administered via rewards partner Aklamio.

£100Each
Details

EE

mobile

Referral

Flex Plans referral: £10 Amazon.co.uk gift card

EE page describes a £10 Amazon.co.uk Gift Card for the referred person and also states a Flex refer-a-friend voucher of £10 each.

£10Each
Details

EE

mobile

Referral

Pay As You Go packs referral: £10 Amazon.co.uk gift card each (on £10+ packs)

EE page states the PAYG refer-a-friend reward is for customers on £10 or more packs and that both parties should receive vouchers within 7 days after setup/purchase.

£10Each
Details

PensionBee

investments

Referral

£100 pension contribution for each successful referral

Not cash; credited as a pension contribution and subject to tax relief eligibility and relevant limits.

One Utility Bill

other

Referral

Refer a Friend: friend gets £25; referrer earns escalating cash rewards

The public bonus table states: referee always gets £25; referrer gets £25 (1st), £35 (2nd), £55 (3rd), £125 (4th), £175 (5th and each thereafter).

£25Each
Details

IGNI

energy

Referral

£200 voucher when a referred friend completes an eligible grant installation

This is a referral reward tied to completion of a qualifying installation (not a simple quote). Ensure the referred person meets owner-occupier and eligibility requirements for the underlying grant/measure.

Ecotricity

energy

Referral

£25 account credit each when a friend switches (eligible tariffs)

Ecotricity also references occasional alternative refer-a-friend rewards (e.g., retailer vouchers) for customers opted into marketing; this entry captures the core £25 account credit offer and related tariff eligibility.

£25Each
Details

Gigaclear

broadband

Referral

£40 Amazon.co.uk gift card each when a referred friend’s service goes live

Referral eligibility may exclude specific introductory packages (see terms).

£40Each
Details

Zen Internet

broadband

Referral

£25 voucher each for successful broadband referral

Zen describes the reward as a £25 voucher (choice of retailers) and allows unlimited referrals; practical timelines and voucher redemption details may be provided during the referral process.

£25Each
Details

BeFibre

broadband

Referral

£50 cash each when a friend buys eligible broadband via your referral link/code

BeFibre states the reward is cash (not bill credit). Referral journey differs for website vs telesales purchases (link vs code).

£50Each
Details

BeFibre

broadband

Switching

Contract Buy Out: reimbursement of early termination fees up to £150 (plan-dependent)

This is a reimbursement of exit fees rather than a flat cash bonus; payout is to bank account or PayPal according to BeFibre help centre guidance.

Sky Mobile

mobile

Referral

Refer a friend: £15 voucher each (SIM-only) or £25 voucher each (device + SIM)

Voucher reward format and exact redemption options are handled within Sky’s referral flow; eligibility is specifically tied to Sky Mobile first-time subscription.

£25Each
Details

iD Mobile

mobile

Referral

Refer a friend: share up to £70 cashback (offer varies by plan/device)

The referral page includes a tier table (total cashback and split per person) and a detailed ‘Legal Bit’ describing exclusions, validation, and reward validity (typically 1 year from issue).

£70Each
Details

Raisin UK

investments

Referral

£100 each when a referred friend opens and funds a qualifying fixed rate bond (£10,000+, 1y+ term)

This is a savings marketplace bonus (cash paid into Raisin Transaction Accounts) and has a relatively high qualifying deposit requirement (£10,000) and minimum term (1 year+).

£100Each
Details

Careium UK

other

Referral

£20 M&S gift card each for recommending a new private customer

Careium describes the reward as an M&S gift card for both the existing private customer and the new customer.

£20Each
Details

Cineworld (Unlimited Membership)

other

Referral

Recommend a Friend: one month free Unlimited membership (member) + friend gets an extra month

Non-cash reward; value depends on the member’s Unlimited plan price. Cineworld reserves the right to amend/withdraw the offer.

1 month free Unlimited membershipEach
Details

Voneus

broadband

Referral

Refer a Friend: £50 e-gift card each (after install + cooling-off)

Voucher delivery is by email per the scheme FAQs/terms.

£50Each
Details

toob

broadband

Referral

Refer a Friend: £25 gift card each (Amazon/M&S/John Lewis choices)

The referrer chooses the £25 reward type (Amazon.co.uk, Marks & Spencer, or John Lewis gift card) when invited to select a reward.

£25Each
Details

Your Co-op Broadband

broadband

Referral

Refer a Friend: £20 bill credit each (share £40)

The page states 'share £40' via £20 bill credit applied to each account once the referred service is active.

£20Each
Details

Gigabit IQ

broadband

Referral

Refer a Friend: 1 month free broadband each (or 3 months security upgrade alternative)

Non-cash reward; credits apply to broadband service price only (excludes deposits/add-ons).

1 free month of broadband (or 3 months FamilyGuard+/CyberGuard credit)Each
Details

Charles Stanley Direct

investments

Cashback

Transfer cashback: £300–£1,500 when transferring £20,000+ and holding 12 months

The page states the offer can be changed/withdrawn by notice on the website; it does not state a fixed end date.

£1500
Details

Charles Stanley Direct

investments

Referral

Referral: £250 to referrer + £300–£1,500 to friend (based on £20,000+ transfer, 12-month hold)

The terms are stated as updated 2025-09-15 on the referral T&Cs page.

£1500Each
Details

Lightyear

investments

Referral

Refer a Friend: gift voucher up to £200 for referrer (targeted eligibility)

Targeted scheme: not all customers can refer (eligibility is selectively enabled). The help article states the referrer can receive a voucher 'to the value of £200' for EMEA customers.

Mobiles.co.uk

mobile

Referral

Refer a Friend: earn up to £75 per successful referral (Aklamio)

The page lists payout examples including £10 for SIM-only deals and up to £75 for a Vodafone upgrade handset contract.

The SIM Warehouse

mobile

Referral

Refer a Friend: £10 credit when friend pays their first bill

Offer is presented as account credit rather than cash withdrawal.

Western Union (UK)

fintech

Referral

Refer a Friend: £10 each (virtual Mastercard) after qualifying £50+ online international transfer

Good fit for people who already plan to make international transfers online; otherwise fees/exchange rates may outweigh the bonus.

£10Each
Details

Lebara

mobile

Referral

Refer & Earn: referrer gets up to £50 cash; new customer gets 50% off for first 3 months (plans vary)

Lebara’s public referral landing pages may require JavaScript; the sources above describe the current referral mechanics and reward amounts as of early February 2026.

£50Each
Details

Sky

broadband

Referral

Refer a Friend: up to £100 in vouchers each (Sky Glass/Stream/Broadband/Mobile; amount varies)

Sky’s referral pages can be difficult to view without JavaScript; the sources above (including a late-Jan 2026 Sky Community thread and a Jan 2026 Guardian piece) indicate the scheme is active and pays vouchers up to £100 depending on the product.

£100Each
Details

Freetrade

investments

CashbackEnds 5 Apr

Tax Year End Offer: 1% cashback on £10,000+ ISA/SIPP contributions (up to £5,000 per account)

Offer requires opting in via the in-app Rewards Hub; cashback value is 1% of qualifying net contributions, subject to caps.

£5000
Details

Fidelity Personal Investing

investments

CashbackEnds 5 Apr

Cash Back Offer: £300–£3,000 for £50,000+ ISA/SIPP transfer or lump-sum deposit

Cashback depends on total qualifying value across ISA/SIPP (or both). If moved into an ISA/SIPP, cashback counts towards the relevant allowance.

£3000
Details

Vodafone UK

broadband

PromoEnds 7 Mar

Home Broadband contract end-date prize draw: chance to win a £100 gift card (20 winners)

This is a prize draw (not guaranteed). Prize is described as a £100 gift card usable at 200+ retailers (issuer terms apply).

TalkTalk

broadband

Sign Up Bonus

Google Play Gift code offer: £50 credit for eligible broadband customers

Eligibility criteria and qualifying products are not fully specified on the help page; treat as a targeted/offer-dependent incentive.

British Gas

energy

Promo

PeakSave Sundays: half-price electricity every Sunday 11am–4pm (credited back)

Savings depend on your unit rate and how much electricity you use during the event window.

GBP (variable bill credit)
Details

ScottishPower

energy

Promo

Power Saver: Half-Price Weekends (11am–4pm Saturday & Sunday; credited back)

Savings depend on your tariff’s unit rate and usage during the weekend event window.

GBP (variable bill credit)
Details

EDF Energy

energy

Promo

Sunday Saver challenge: earn up to 16 hours of free electricity on Sundays by shifting weekday peak usage

The value of the reward depends on (i) how many free hours you earn and (ii) how much electricity you use during those hours at your tariff unit rate.

GBP (variable bill credit)
Details

OVO

energy

Promo

Power Move: monthly prize draw for shifting usage away from peak hours (top prize up to £2,000 energy credit)

This is a prize draw (not guaranteed). OVO’s terms state at least 5 customers per month can win up to a year’s free energy (capped at £2,000).

£2000
Details

Octopus Energy

energy

Promo

Octoplus Free Electricity Sessions: bill credit for extra electricity used during notified sessions

Reward value varies per session and depends on your additional kWh usage above baseline and your tariff’s unit rate.

GBP (variable bill credit)
Details

UK Government (via Local Authorities in England)

other

PromoEnds 31 Mar

Household Support Fund (England): council-run help with essentials including energy costs (runs to 31 March 2026)

This is a needs-based support scheme (not a switching/referral offer). Funding and eligibility vary by council; devolved administrations manage their own support.

GBP (varies by council)
Details

PayPal

fintech

Promo

PayPal+ loyalty programme: earn points on spend and redeem at checkout (e.g. 1,000 points = £10 for Blue tier)

PayPal describes tier benefits including potential boosted redemption values and annual 'spending credits' at higher tiers (details/availability depend on tier and rollout).

PayPal+ points (Blue: 1,000 points = £10; Gold/Black boosts noted for early 2026)
Details

Chip

fintech

ReferralEnds 31 Mar

Refer a friend: both get 100 extra entries in the Prize Savings Account March £500k draw

Chip’s referral reward on this page is additional prize-draw entries (not a guaranteed monetary payout).

100 extra Prize Savings Account draw entries (non-cash)Each
Details

Plutus

fintech

Referral

Referral: both get $10 in +PLUS Points after new user deposit (min 20 EUR/GBP)

Reward is paid in +PLUS Points (not cash); usage and value depend on Plutus’ programme rules.

£10Each
Details

Starling Bank

fintech

Referral

Refer a friend: free National Trust day pass for two (both get a pass)

Non-cash reward; pass is redeemable at National Trust locations (per scheme terms).

National Trust day pass (entry for 2 people)Each
Details

Three

mobile

Referral

Refer a Friend: up to £80 cashback on Pay Monthly phone/SIM-only/Mobile Broadband orders (can be shared)

Three describes the programme as 'up to £80 cashback' and allows the referrer to decide how (or whether) to share it with the new customer.

£80Each
Details

Three

broadband

Switching

Home Broadband switcher offer: up to £200 account credit when you switch (submit final bill)

Offer is stated as available from 2025-02-14; value depends on the final bill amount (up to £200).

TalkTalk

broadband

Referral

Refer a Friend: £50 gift card each when friend buys eligible TalkTalk broadband

Reward described in referral terms as a £50 gift card delivered via Giftcloud after the friend’s qualifying purchase (eligibility and restrictions apply).

£50Each
Details

Moneyfarm

investments

CashbackEnds 15 Apr

ISA Promo 2026: up to £1,000 cashback when you invest/transfer (min £5,000)

This is time-limited with explicit deadlines in April/May 2026; ensure the hold period and transfer timing work for the customer before proceeding.

£1000
Details

Saxo

investments

Referral

Invite friends: £500 commission credits (commission-free trades) for you and £500 for them

Non-cash reward: commission credits reimburse eligible commissions/fees rather than paying cash.

£500Each
Details

E.ON Next

energy

Promo

Existing-customer solar discount: £200 off solar + battery (SOLAR200) or £150 off solar panels only (SOLAR150)

Page states £200 discount for solar + battery and £150 for solar-only; no end date shown on the offers page.

E.ON Next

energy

Promo

Existing-customer EV charger discount: save up to £30 on selected chargers (EV30)

The offers page describes this as 'save up to £30' and indicates selection/eligibility is subject to terms.

E.ON Next

energy

PromoEnds 16 Mar

Free first year's service with a new air source heat pump (purchase window 16 Feb–16 Mar 2026)

Time-limited offer explicitly shown on E.ON Next offers page with end date 16 March 2026.

free first-year service (routine annual maintenance)
Details

Tesco Pet Insurance

other

Referral

Refer a friend: £30 Tesco Gift Card each when friend buys a policy direct

Tesco states both parties receive a £30 Tesco Gift Card; scheme administered via Mention Me; referral caps apply (e.g., max rewards within 24h/12 months/value).

£30Each
Details

Admiral

other

Referral

Refer a friend: earn up to £75 (reward varies by product purchased)

This programme rewards the referrer only (the page describes referrer rewards by product).

Honest Power

energy

Referral

Customer referral scheme: vouchers up to £100 when a referral results in a qualifying installation (ECO4/LA Flex/GBIS)

The referred person is described as receiving a heating measure 'absolutely free' if eligible under the relevant scheme; voucher reward is for the referrer and depends on a completed installation.

Trading 212

investments

ReferralEnds 4 Mar

Invite a Friend (Feb–Mar 2026): free fractional share each (value €8–€100)

Investing involves risk. Promotion applies to Invest and Stocks ISA (not CFD or Cash ISA).

£100Each
Details

IG

investments

CashbackEnds 5 Apr

Transfer-in offer: 1% cashback up to £3,000 when transferring investments (code required)

Transfers and investments can involve being out of the market during processing; fees may apply (eg SIPP administration/transfer fees).

£3000
Details

interactive investor (ii)

investments

CashbackEnds 28 Feb

ii SIPP cashback: £100–£3,000 when opening a new ii Personal Pension and funding £20,000+

Pension transfers can be unsuitable for some people (eg if you’d lose guarantees/benefits). Consider advice if unsure.

£3000
Details

Scottish Friendly

investments

Referral

Recommend a friend: split a £50 gift voucher (2×£25 My Rewards cards)

My Rewards cards can be redeemed for gift cards at a range of UK retailers (selection varies).

£50Each
Details

Vodafone UK

mobile

PromoEnds 22 Feb

Register your interest prize draw: chance to win a £2,000 holiday e-gift card (4 winners)

This is a prize draw (not guaranteed reward).

£2000
Details

Vodafone UK (via Giftcloud)

broadband

Sign Up Bonus

Broadband Amazon gift card via Giftcloud: £80 (Standard) or £130 (Pro) for new connections (link-specific)

Partner-managed reward (Giftcloud) with plan-dependent amounts; Vodafone may run different reward mechanics on other channels at the same time.

Tesco

other

Sign Up Bonus

Clubcard Plus: first month free trial (subscription normally £7.99/month)

Clubcard Plus includes 10% off two in-store shops per month (max discount limits apply) plus other in-store brand discounts; check exclusions before subscribing.

£7.99
Details

Warehouse Students Ltd (Nurtur Student Living)

other

Referral

Student accommodation referral: £50 Amazon eGift voucher each when a friend books and moves in

Offer stated as open from 2025-03-31 with no published end date; provider reserves the right to withdraw/change at any time.

£50Each
Details

Curves

other

Referral

Curves gym referral: 7 days free for friend + 7 days free for referrer (after enrolment processed)

Location participation and membership pricing vary; confirm local club eligibility before relying on the offer.

7 days free membershipEach
Details

American Express (British Airways American Express Premium Plus Card via BA Club)

fintech

Sign Up BonusEnds 24 Feb

Limited-time increased welcome bonus: 50,000 Avios (Premium Plus) when spending £6,000 in 3 months

Avios are loyalty points (not cash). Ensure the card fee and your ability to clear balances in full don’t outweigh the value of rewards.

£50000
Details

AI-Sourced Deals: updated monthly. Please verify all details directly with the provider before signing up. Offers may change without notice.

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Premium Rewards

Curated referral links for services we use and trust.

Total Value: £115
Monzo logo

Monzo

£5 Free

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Visit

Get £5 when you join Monzo

Revolut logo

Revolut

Sign Up

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Visit

Join 60+ million users who love Revolut

Wise logo

Wise

Free Transfer

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Visit

Go global and save with Wise

Starling Bank logo

Starling Bank

Free Day Pass

q4Q4O1
Visit

Earn a free National Trust day pass

Tide logo

Tide

£100 Free

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Visit

Get £100 when you open a Tide account

Airbnb logo

Airbnb

Host Bonus

Use my referral link to create your first listing

Brillband logo

Brillband

Referral

4C39-BR1X

Broadband made brilliant

Eufy logo

Eufy

Discount

Smart home security

Uber logo

Uber

Ride Credit

vjwqug378zdt

Get a ride with Uber

Uber Eats logo

Uber Eats

£10 Off

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Visit

Get £10 off your first order of £15+

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