First Direct £100 Switch Offer

FREE £100 plus 5% paid on your savings

Updated: July 24, 2021
First Direct £100 Switch Offer
CompareBanks is reader-supported. When you click through some links on our site, we may earn an affiliate commission. Learn more

Key offer details

£100 Free & 5% Paid on Your Savings

  • First Direct provide current account customers with the UK’s highest satisfaction rating.
  • When you switch to their 1st Account, you’ll get £100 for free provided you pay in at least £1,000 in the first three months.
  • There’s no account fee provided you pay in at least £1000 per month, maintain an average balance of that amount, or use one of their other financial products.
  • If you save between £25 and £300 a month for 12 months, you’ll earn 5% AER/gross on that amount.
  • You'll also have access to First Direct's 5% Regular Savings account, where you can deposit up to £300 per month for up to a year at this rate.
  • You can take advantage of their 24/7 banking through their mobile, phone, and online services.
  • You may be eligible for a £250 interest-free overdraft.
  • If you decide after six months you don’t like their service, you can get £100 for leaving, providing you meet their terms and conditions.

How long will this deal run?

The First Direct website currently doesn’t give an end date to this promotion. We expect this to be available for a little while at least.

Who it’s for?

This is a great deal if you can take full advantage of it. Provided you can pay in at least £1000 a month, you’ll not have to pay the £10 account fee, and you’ll receive the free £100 sign up bonus. The 5% on your savings is also a strong incentive if you think you’ll be in a position to do that. If you value excellent customer service, there are few better high-street banks at the moment.

Visit FirstDirect.com

Review your own bank

CompareBanks
CompareBanks
Hello! We're CompareBanks and helping the UK to compare banks is our main mission. We're here to help whenever you're on the search for a new bank. Compare the market with in-depth and impartial reviews. Read opinions on bank accounts from people just like you. Not only do we compare banks, we also let you review and rate them to help others with your bank experiences. You can trust us to get you on the right track with the best bank for you.

Mentioned Banks

About First Direct First Direct is a retail bank based in the United Kingdom, headquartered in Leeds. It is a telephone and internet-based bank, with no physical branches, and has...
Learn More

Comments

No
August 17, 2021

They no longer either of these things and are a bit of a hassle to sign up to

Reply
3 persons found this helpful
CompareBanks
CompareBanks
August 17, 2021

Hi there, thanks for letting us know. We’ll get this updated soon. Thanks, CB Team

Reply
One person found this helpful

Leave a Comment