Bank Switch Guide 2022
Banks are throwing money at people to sign up to them at the moment and switch a current account.
They usually take a few minutes of online form filling and then just waiting the bank takes care of the rest.
It’s a great way to help with the cost of living or extra money at Christmas if they pay early (like the Co-Op one appears to, almost the day after your switch is made by seeing others experiences)
If you already have a Halifax/Lloyds account usually you can open another one via the app/website very quickly and a card posted out in days which you can switch rather than switching your main account.
Likewise a Starling or Monzo account can be quickly opened to switch if required and I think they even give you the card details via the app before its delivered.
Some offers require Direct Debits, Pay-In requirements some don’t.
Co-OP £125 FREE via Friend Referral Bank Switch
Co-Op are offering £125 for switching a bank account to to them, and you must be referred by a friend to claim. But you can start the ball rolling instantly.
Sign up here: https://www.co-operativebank.co.uk/products/bank-accounts/refer-a-friend/
- pop your switch details in, -‘d take a note of your switch date (you’ll need it shortly) once you’ve opened an account or had your details in the post (sort code/account number)
-head back to the link fill out the page about the bank switch with yours and your friend’s referral details to get £125 paid into your account.
No Direct Debits or pay - in requirements here. I can an help if you need a referral happy to give you my details.
First Direct - £175 FREE for switching and paying in £1000 (or just £20 for opening an account).
(To pay in £1000 you can literally just send say £200 back and forth 5 times)
How to get the £20 bonus: 
Open an account and use mobile or online banking within three months. The £20 is then paid within the first four months.
How to get the £175 bonus:

Open a 1st Account and within three months switch another account into it, plus pay in £1,000+. (You must switch in a non-First Direct account; it can be an HSBC account, but only if it was opened before Jan 2019.) The £175 is then paid within 28 days. You can request the switch online or by phone.
Nationwide - £200 Free by opening a New FlexDirect Account.
If you’ve switched since August 21st 2021 you can’t claim this. This does require Direct Debits.
https://www.nationwide.co.uk/current-accounts/flexdirect/
Switch a non-Nationwide account to a new or existing FlexDirect account – note your switch must include 2+ direct debits and must be made online. The bonus is then paid within 10 days.