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Think that switching banks doesn’t sound worth the hassle? Think again! We’ve done the research and found the best bank switching offers out there.
Credit: Davidovici, Art Alex, izzayani – Shutterstock
In our eyes, student and graduate accounts are a must while you can get them. You’d be silly not to take advantage of a 0% overdraft while you can. But keep in mind – it won’t last forever!
When the benefits of your student and graduate accounts have run out and your free overdraft feels like a distant memory, it may be time to get switching.
Switching bank accounts is not only super easy, but it can also be very beneficial to your bank balance. Even with your student bank account, it may be worth considering opening a new bank account alongside, just to reap the rewards.
We’ve reviewed the best bank switching offers available in the UK. Whether they offer money for switching bank accounts or other incentives such as cashback, you’ll find that switching banks is well worth the (not very much) hassle!
Most student bank accounts also have great incentives, especially during the weeks leading up to Freshers’.
Get money for switching banks
As we’ve already touched on, some banks offer money for switching bank accounts to them. And as we’re big fans of free money here at Save the Student, we’ve decided it’s well worth taking a closer look at what’s on offer.
Just keep in mind that when you’re looking for a bank account there are a few more things to consider than just the bank switch offers. These include the overdraft available and any attached fees, the interest offered either on the current account or on any savings accounts linked to it, and any transaction fees for spending abroad.
To help you avoid any extra fees, we’ve decided to only include bank accounts which are free to open.
All the bank switching offers we mention have their own pros and cons, which we cover in more detail in our reviews below.
These are the best bank switch offers available right now:
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