SwitchBonus
Fast & Secure Setup

Set Up Your Direct Debit

Instant Bacs-guaranteed Direct Debits for UK bank switching. Single: 30p/mo · Two: 60p/mo.

Monthly Recurring Total:£0.60 / month

Cancel anytime with 1-click in your banking app. Bacs protected.

Shows on your statement as FYNX SWITCHBONUS

This sets up 2 separate Direct Debits — you'll see 2 bank confirmation screens, one after another.

Each email includes a one-click cancel link, no login required.

What happens next

  1. 1Your Direct Debit mandate is created instantly and registers with your bank in 3-5 working days.
  2. 2We email your mandate confirmation and a one-click cancel link — keep that email safe.
  3. 3Your bank collects the first payment and marks the mandate active. That's the signal switch offers check for.
  4. 4Cancel anytime in your banking app, or use the link in your confirmation email — no fees, no notice period.

Bacs Direct Debit Guarantee

Every Direct Debit here is protected by the Bacs Direct Debit Guarantee — if an error is ever made in the payment of your Direct Debit, you are entitled to an immediate refund from your bank. Setting one up is a payment instruction, not a credit agreement, so it never affects your credit score.

Common questions

Will this affect my credit score?

No. A Direct Debit is a payment collection instruction, not a credit agreement or loan — setting one up or cancelling it has zero impact on your credit file.

How soon can I start my bank switch after this?

Wait for your mandate confirmation email first — it usually takes 3-5 working days to register. Starting your Current Account Switch Service (CASS) switch before then risks the bank not seeing an active Direct Debit yet.

What if I want to cancel?

Cancel any time in your banking app, or use the one-click link in your confirmation email — no login required, no fees, no notice period.