Are any cash rewards taxable?

RG2015

NatWest, Santander, Halifax, Barclays and until recently TSB, pay (paid) cash as a reward for satisfying various criteria. Furthermore, many banks pay a cash incentive for switching a current account to them.

I have always assumed that these cash payments are either not taxable or paid net of tax. Is there any definitive information that confirms this?

dcs34

Generally, they are not taxable, but it may depend on the specific circumstances of the offer.
https://www.whatdotheyknow.com/request/are_bank_switching_bonuses_taxab