Home / Everyday Money / Bank Switching Bonus Tracker
The short version
Do not switch a core bills account unless you know which payments move, which conditions must be met, and where the next salary or bill payment is landing.
Switching bonuses are admin projects.
This tracker checks the net value of a current-account switch after fees, then tracks pay-ins, direct debits, card-use conditions, app-login conditions and the expected switch date.
Use it to avoid missed offer conditions and missed bills. A switching bonus is not worth disrupting rent, mortgage, council tax, utilities, childcare or insurance payments.
Checklist
Before you press switch
Read exclusions Some offers exclude previous customers, joint accounts, certain products or customers who received an earlier bonus.
Protect bill timing Keep enough money in place for rent, mortgage, council tax, childcare, insurance and utilities while the switch completes.
Track proof Keep screenshots or notes of terms, switch date, pay-ins, direct debits and bonus deadline.
About this calculator
Last reviewed: May 2026. Reviewed by the Editor against current HMRC guidance and the 2026/27 UK tax year.
Verified against: Current Account Switch Service - about the service (checked on the last review date above).
Source: calculator JavaScript is unminified at /assets/ — see Open methodology for how to verify the math. Updates tracked in the changelog .
Disclaimer: This tool gives a guideline estimate using current published UK rates and thresholds. It is general information, not personal financial, tax, or legal advice. Verify the figures against your own circumstances, the latest gov.uk guidance, and a qualified adviser before acting. UK Tax Drag accepts no liability for decisions made on the basis of these calculations.
Every page is reviewed against the editorial standards, written from primary sources and sourced openly, with corrections listed in the changelog . No affiliate revenue. No sponsored content. No paid placements.
UK Tax Drag is an independent publication by Finsolve Consulting Limited, not affiliated with or endorsed by HMRC, GOV.UK or any government body.