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flag UK banks offer up to £200 bonuses for new account switches via government service.

flag UK banks including Nationwide, Lloyds, and NatWest are offering sign-up bonuses up to £200 for new customers who switch accounts using the government-backed Current Account Switching Service. flag Nationwide’s £175 offer requires transferring two Direct Debits, depositing at least £1,000, making a debit card payment within 31 days, and completing the switch within 28 days. flag The service automates the transfer of payments and closes the old account. flag Offers are not available to those who previously received a Nationwide switch incentive since 2021 unless switching between sole and joint accounts.

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