iFAST Global Bank has launched its first-ever switching offer, where you can earn up to £200 for moving your salary to the bank, and then referring friends to do the same. The offer is available to customers working in the UK, and the first salary payment must be received before 30 April 2026. For a full list of switching deals on the market, you can visit our switching deals guide.
Open an iFAST Global Bank Multi-Currency Current Account.
You can open an iFAST Global Bank Multi-Currency Current Account via its website or download the iFAST GB app.
Set up and receive income payments via Bacs to your iFAST Global Bank account.
The first salary payment must be received by 30 April 2026.
Receive income payments for 3 more months
You'll need to continue receiving salary payments for 3 months by 30 June 2026. An income payment is a direct credit payment into your account from another party via BACS, such as your salary.
Get your £100 bonus
You'll receive your £100 on 31 July 2026 if you've completed these steps.
Refer 3 friends to earn an additional £100.
If you refer 3 friends and they also switch their salary to iFAST Global Bank and receive at least one direct credit payment into their account between 1 February and 30 April, you can earn another £100.
You can get £100 when you move your monthly income to iFAST Global Bank. You’ll need to receive your first payment before 30 April 2026, then continue to receive payments for 3 months before the end of June.
You can earn an additional £100 by referring 3 friends. All 3 friends will need to open an account and switch their salary (or any direct credit payments) via Bacs to their new account, and receive at least one payment between 1 February 2026 and 30 April 2026.
With the iFAST Global Bank Multi-Currency Current Account, you can also earn interest on your balance. You could earn up to £26.50 in interest if you keep a balance of £1,000 in your account for 12 months. Interest is paid at 2.65% AER on GBP balances, but you can also earn interest on other currencies including USD, HKD and EUR.
“Add the interest to the switching bonus and referral bonus, and you’ll have earned £226.50 in 12 months”
The deal is available to iFAST Global Bank customers working in the UK. Eligibility also applies to customers who switched their salary before the campaign launched on 1 February 2026.
Just note, in order to qualify for the switching offer, your salary or any direct credit payments must be paid via Bacs (a UK-only payment scheme).
Alternative offers
If this offer is not for you, we also have a guide displaying current banking switching deals on the market and also other banking offers such as refer-a-friend offers and more.
Find out how you can you can earn from switching to Chase.
Before you switch accounts to Bank of Scotland, check to see if you can grab a juicy switch bonus.
Learn all about how to get the latest switching offer from Halifax.
We explain how to bag Barclays £300 switch offer as there are some strings attached.
Open a new current account with The Co-operative Bank and take advantage of the latest switching bonus.
Find out how you can open a new current account with Santander and take advantage of the latest switching bonus.
Find out how to pocket this £175 switch bonus – and how to use the deal to get £311.50 overall.
You can score yourself £200 for switching accounts through the Current Account Switch Service.
Find out how you can pocket £250 for switching current accounts and how much interest you could earn on top.
All you need to know about the impact that switching banks has on your credit score.
