Promotion
Power Up Your Payday: Get Up to £200 by Switching Your Salary to iFAST GB & Referring Friends
by
iFAST Global Bank
We’re excited to launch our Bacs (Bankers’ Automated Clearing Services)# and to celebrate, you can earn up to £200 simply by using it and sharing it with your friends.
How to Earn Your First £100
- Ensure your salary (or eligible Direct Credit) via Bacs is paid into your iFAST Global Bank account at least once before 30 April.*
- Continue receiving Direct Credits for 3 months before the end of June.
*Eligibility also applies to customers who switched their salary before the campaign launch.
How to Earn an Additional £100 (Referral Bonus)
From 1 Feb to 30 Apr, You can earn another £100 when:
- You refer 3 friends to open an iFAST Global Bank account, and
- All 3 friends also switch their salary (or eligible Direct Credit) via Bacs to iFAST Global Bank and receive at least one Direct Credit into their accounts.
What counts as an Eligible Direct Credit
“Eligible Direct Credit” refers to a payment of salary or pension income received via Bacs.
The following will not be considered an “Eligible Direct Credit”:
- Transfers that are not payments of salary or pension income;
- Transfers from investment or trading accounts;
- Transfers from accounts held in the Account Holder’s own name.
Please refer to the full Terms and Conditions for details.
How to get your salary paid in (with Bacs)
Understanding Bacs
- Bacs Direct Credit including Your Salary
This is used to send payments directly into your bank account, such as salary, pensions, benefits, or other regular credits.
To join the campaign, simply provide your iFAST Global Bank account details to your employer so the payment is credited directly to your iFAST Global Bank account. - Bacs Direct Debit = Automatic Payments
This allows your bills or subscriptions to be paid automatically—quick and convenient.
# Bacs is a UK-only payment scheme available with a UK bank account.
Additional Benefits of Banking with Us
💰 Earn 2.65% AER (variable)* on GBP balances in your everyday Multi-Currency Current Account.
🛡️ Your money is protected
As a fully UK-licensed bank, eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person.
Switch your salary, try Bacs, refer your friends—and enjoy up to £200 in rewards.
iFAST Global Bank – Banking without Boundaries
* Details regarding the interest rates for other currencies can be found on our website at https://www.ifastgb.com/en/interest-rates?prod=mca . Please refer to our website for full terms and conditions. Up to £120,000 of your deposit is fully protected by FSCS (Financial Services Compensation Scheme). https://www.fscs.org.uk/ has further details on the scheme.
Interest is calculated daily and paid out monthly. The interest you receive may be subject to UK tax, depending on your individual circumstances for which you should seek independent advice. The rates provided are the published rates as of 02/01/2026. T&Cs Apply.
Tags
iFAST Global Bank is a member of the Financial Services Compensation Scheme (FSCS).
iFAST Global Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 716167. We are registered in England and Wales, our company number is 4797759.
Please note that the provided details serve as general information and should not be considered as financial advice or endorsements. We strongly advise customers to diligently carry out their own research and consider seeking expert guidance for tailored financial choices.
