Bank of Scotland £175 switch offer (19/05/2026 to 29/06/2026)

danny13579

Launched today. Applies to Classic, Silver and Platinum Accounts only.

+ Requires switching over 3 active direct debits as part of the switch (i.e. they must be set up and active on the account you're switching over to BoS before you start your switch).

+ No requirement to move any cash across.

+ You must open your account and start your switch on or before 29th June 2026.

+ You must not have received a switch incentive from Lloyds, Halifax or BoS since 1st January 2023.

+ The account you're switching over to BoS must not be a Lloyds or Halifax account.

+ You must open and switch in to a new current account (i.e. not use an existing one).

T&Cs:

Offer has now been added to the switching offers archive for future reference.

Shadyocuk

Does anyone have experiance of how well they detect if you have had a switch incentive with Lloyds ??

danny13579

https://forums.moneysavingexpert.com/discussion/comment/82005383#Comment_82005383

I have never had a BoS account so I don't know how well they check. I have received switching cash from both Lloyds and Halifax, when I should have received it from only one of them, but that was a few years ago and checking processes may have been tightened up since then.

Only way is to try it and see what happens. Once I get 3 direct debits set up on one of my donor accounts I'll open a BoS account and start the switch.

subjecttocontract

Apart from 3 direct debits the requirements are very, very easy to meet. I don't understand why they make it so easy for people who don't really want a BOS account, they just want the £175 bonus payment. But, ok, I'll go for it !

HHUK

Same. I've just had to organise a 3rd direct debit on the burner account. New BOS Classic Account with Advantage set up in anticipation. Once it's confirmed the new DD has been set up I'll trigger the switch. I did get a £200 incentive from Lloyds in June 2023 so may not be successful, but felt I couldn't not try.

MisterMotivated

Can anyone confirm if you can open more than one Classic current account?

The recent Lloyds offer was the first switch incentive I've been eligible for since July 2024, but I didn't bother with it because I didn't want the hassle of closing my existing Club Lloyds account and opening a new one, and I assumed a similar Halifax offer would be along soon after (my Halifax Reward account is being migrated to BoS next month). Then, of course, came the news that Halifax was effectively being shut down, so my hopes were dashed.

Thankfully this offer has come along, so I've had to quickly shift some Direct Debits to a recently opened account elsewhere. My Reward a/c is becoming a Classic a/c on 15th June so I've picked DD's where I could change the payment dates to early in the month to shorten the wait, and just in case the Classics were limited to 1 per customer. One of those DD's pays out on Monday so I'll wait until then to update the payment account and date.

danny13579

MisterMotivated

Can anyone confirm if you can open more than one Classic current account?

I could not find any information in BoS's general terms limiting the number of Classic accounts you can hold.

If it is only one allowed, could you not upgrade/downgrade your new Classic account (the migrated Halifax Reward account) and then open a new one for the purposes of the switch offer?

I assumed a similar Halifax offer would be along

Then, of course, came the news that Halifax was effectively being shut down, so my hopes were dashed.

Halifax haven't done a switching offer since 2023. We don't know what's happening to Halifax at the moment other than what's being speculated at in the media.

Why is your Halifax Reward account being migrated to BoS?

PRAISETHESUN

https://forums.moneysavingexpert.com/discussion/comment/82006407#Comment_82006407

It was reported that Halifax accounts which were opened in Scottish branches are being converted to BoS accounts

https://forums.moneysavingexpert.com/discussion/6663351/scottish-halifax-accounts-changing

HillStreetBlues

https://forums.moneysavingexpert.com/discussion/comment/82005510#Comment_82005510

Good luck, keep us updated.

Maegi

https://forums.moneysavingexpert.com/discussion/comment/82005383#Comment_82005383

BOS hasn't offered a switching incentive in all the time that it's been part of Lloyds Banking Group AFAIK.

It will be the same department and staff that undertake the Halifax and Lloyds CASS switches.

PRAISETHESUN

https://forums.moneysavingexpert.com/discussion/comment/82005383#Comment_82005383

In the past I've had success in getting a Halifax incentive when I should have been ineligible because of a past Lloyd's incentive. With the increased level of LBG integration over the past few years I'm unsure if this will fly under the radar anymore but I've also decided to take the plunge and give this a shot. I'll report back in a few weeks how it goes once my switch completes.