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Number of current account switches is on the rise
Sunderland Echo
|February 12, 2026
The number of current account switches has topped a million for the third year in a row after a surge in people hunting down new deals towards the end of 2025.
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The number of current account switches has topped a million for the third year in a row
Nationwide Building Society hauled 41,450 customers between July and September, with people drawn to its £175 switching offer and yearly payments as part of its profit-sharing scheme.
The final three months of 2025 was the busiest quarter, with 350,114 current account switches, according to data from the Current Account Switch Service (Cass).
The service allows people to switch their current account automatically by having payments moved over to a new provider.
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