Banking · Checked against First Direct’s own page
First Direct switch offer: £210 for switching to the 1st Account
First Direct 1st Account: £210 switching offer. New customers only: you cannot have held a first direct product before, or have opened an HSBC current account on or after 1 January 2018.
£210
switching offer
- Paid by the 20th of the month after you qualify
Worth knowing
New customers only: you cannot have held a first direct product before, or have opened an HSBC current account on or after 1 January 2018.
No commission
What you have to do
- Open a 1st Account
- Complete a full switch using the Current Account Switch Service, including at least 2 Direct Debits or standing orders
- Pay in £1,000 within 45 days of opening
- Make 5 or more debit card payments
- Log on to the app or online banking
The details
- Deadline
- 45 days from account opening
- Paid
- by the 20th of the month after you qualify
- Monthly fee
- No monthly fee
- Who can get it
- New customers only, who haven't previously held a first direct product. Not available if you opened an HSBC current account on or after 1 January 2018.
- After the bonus
- No monthly fee · linked regular saver · fee-free debit card abroad
- Offer details
- Full switch via CASS · £1,000 pay-in within 45 days · one app login · bonus paid within 28 days of qualifying
- Source
- First Direct switch offer page Checked 17 Oct · No commission
How it compares
5th of 9 by switching bonus, among the switch offers MoneyHQ has checked.
| Account | Bonus | Monthly fee | Pay in | Paid within |
|---|---|---|---|---|
| NatWest Premier Select account | £500 | None | £15,000 | 120 days |
| Barclays Bank Account | £300 | None | £2,000 | Not stated |
| Santander £240 switch offer | £240 | None | £1,500 | Not stated |
| HSBC UK Bank Account | £220 | None | £2,000 | 60 days |
| First Direct 1st Account (this offer) | £210 | None | £1,000 | Not stated |
| Lloyds Club Lloyds account | £200 | £5 | No minimum | 14 days |
Every figure is from each provider's own page, checked on the date shown on that offer. MoneyHQ orders this table by switching bonus alone; commission never changes the order.