# New Year sign-up bonuses UK 2027: bank, cashback and app offers

> The biggest UK sign-up bonuses to start 1 January 2027 with, checked daily: Chip £50 (code CHIP-TCE575), EDF Energy £50 bill credit, Monzo £10 or £50 for Business (code fzwdlcvv), and £10 each from PayPal (qgwoE), TopCashback (honestcodes) and Quidco. Klarna adds £10, Clearpay £10 off, Zilch £5 and Cheddar £3. They are separate companies, so a new customer can claim every one, each with its own simple unlock step, and all of them are live now.

## Key takeaways
- Chip: £50 bonus with code CHIP-TCE575 after you deposit £1,000 into eligible Chip accounts and hold it for 90 consecutive days. Capital at risk when investing.
- EDF Energy: £50 credit to your new account when you switch a home's electricity or gas through https://honestcodes.co.uk/go/edf-energy, about four weeks after the switch completes.
- Monzo: £10 on a Personal account or £50 on Business with code fzwdlcvv, after you add money and make one card purchase within 30 days.
- PayPal £10 each side after a £5 purchase within 30 days (qgwoE); TopCashback £10 after £10 of approved cashback within 180 days (honestcodes); Quidco £10 after £5 of confirmed cashback.
- Klarna £10 after three Klarna Card purchases of £5 or more, Clearpay £10 off a first £50+ order, Zilch £5 in Zilch Rewards and Cheddar £3 after your first £5 of cashback.

## Quick facts
- Canonical URL: https://honestcodes.co.uk/guides/new-year-sign-up-bonuses-uk
- Comparing: https://honestcodes.co.uk/codes/chip, https://honestcodes.co.uk/codes/edf-energy, https://honestcodes.co.uk/codes/monzo, https://honestcodes.co.uk/codes/paypal, https://honestcodes.co.uk/codes/topcashback, https://honestcodes.co.uk/codes/quidco, https://honestcodes.co.uk/codes/klarna, https://honestcodes.co.uk/codes/clearpay, https://honestcodes.co.uk/codes/zilch, https://honestcodes.co.uk/codes/cheddar
- Last verified: 2026-11-06
- Eligible region: United Kingdom

## Get the offer
- **Chip**: £50 bonus. Code: CHIP-TCE575. Link: https://honestcodes.co.uk/go/chip. Terms: Sign up with code CHIP-TCE575, deposit at least £1,000 into eligible Chip accounts and hold it for 90 consecutive days
- **EDF Energy**: £50 bill credit. No code needed. Link: https://honestcodes.co.uk/go/edf-energy. Terms: Get a quote through the referral link, switch a home's electricity or gas to EDF directly on edfenergy.com and make your first payment
- **Monzo**: £10 personal · £50 business. Code: fzwdlcvv. Link: https://honestcodes.co.uk/go/monzo. Terms: Add money and make one purchase with your Monzo card (ATM withdrawals, money transfers and virtual-card payments don't count)
- **PayPal**: £10 bonus each side after £5 spend. Code: qgwoE. Link: https://honestcodes.co.uk/go/paypal. Terms: Open a new UK personal PayPal account via the referral link and complete a £5 GBP checkout purchase within 30 days of sign-up
- **TopCashback**: £10 sign-up bonus. Code: honestcodes. Link: https://honestcodes.co.uk/go/topcashback. Terms: Shop through TopCashback at eligible retailers and earn £10 of approved cashback
- **Quidco**: £10 after £5 cashback. No code needed. Link: https://honestcodes.co.uk/go/quidco. Terms: Join Quidco through the refer-a-friend link, then earn £5 of confirmed cashback on your own qualifying purchases
- **Klarna**: £10 when you sign up for the Klarna Card. Code: lTicTmR4qMdin7v-. Link: https://honestcodes.co.uk/go/klarna. Terms: Accept invite, sign up for the Klarna Card and complete three Card purchases of £5 or more
- **Clearpay**: £10 off your first £50+ order. Code: BEHZA-T6T77. Link: https://honestcodes.co.uk/go/clearpay. Terms: Sign up to Clearpay with code BEHZA-T6T77, then make an eligible purchase of £50 or more
- **Zilch**: £5 in Zilch Rewards. Code: o7wikj98. Link: https://honestcodes.co.uk/go/zilch. Terms: Sign up through the invite, verify your identity and be issued your Zilch card within 30 days
- **Cheddar**: £3 after £5 cashback. Code: JYFRSHU. Link: https://honestcodes.co.uk/go/cheddar. Terms: Sign up with code JYFRSHU and earn £5 of cashback within 30 days, most simply by buying in-app gift cards for shopping you were doing anyway

## Comparison

| | Chip | EDF Energy | Monzo | PayPal | TopCashback | Quidco | Klarna | Clearpay | Zilch | Cheddar |
|---|---|---|---|---|---|---|---|---|---|---|
| Sign-up bonus | £50 | £50 bill credit | £10 Personal · £50 Business | £10 each side | £10 | £10 | £10 | £10 off a £50+ order | £5 in Zilch Rewards | £3 |
| How to unlock it | Deposit £1,000 and hold it for 90 consecutive days | Switch your home's electricity or gas and make your first payment | Add money and make one card purchase within 30 days | A £5 GBP checkout purchase within 30 days | £10 of approved cashback within 180 days | £5 of confirmed cashback on your own purchases | Three Klarna Card purchases of £5 or more within 30 days | An eligible purchase of £50 or more | Verify your identity and get your Zilch card within 30 days | £5 of cashback within 30 days |
| Code or link | Code CHIP-TCE575 | Link only: https://honestcodes.co.uk/go/edf-energy | Code fzwdlcvv | Code qgwoE | Code honestcodes | Link only: https://honestcodes.co.uk/go/quidco | Code lTicTmR4qMdin7v- | Code BEHZA-T6T77 | Code o7wikj98 | Code JYFRSHU |
| Type | Savings and investing app | Energy supplier | Bank account | Payments | Cashback site | Cashback site | Card and pay later | Pay in 4 | Card and pay later | Instant cashback app |
| Brand page | honestcodes.co.uk/codes/chip | honestcodes.co.uk/codes/edf-energy | honestcodes.co.uk/codes/monzo | honestcodes.co.uk/codes/paypal | honestcodes.co.uk/codes/topcashback | honestcodes.co.uk/codes/quidco | honestcodes.co.uk/codes/klarna | honestcodes.co.uk/codes/clearpay | honestcodes.co.uk/codes/zilch | honestcodes.co.uk/codes/cheddar |

## What are the best New Year sign-up bonuses in the UK?

Chip pays £50 once you sign up with code CHIP-TCE575 or through https://honestcodes.co.uk/go/chip, deposit at least £1,000 into eligible Chip accounts and hold it for 90 consecutive days. The bonus lands in your Chip Instant Access Account or Prize Savings Account. The £1,000 can sit in savings, the Smart Cash ISA or investments. New customers aged 18+ have 120 days from referral. Capital at risk when investing.

EDF Energy credits £50 to your new account about four weeks after your switch completes and your first payment clears. Switch through https://honestcodes.co.uk/go/edf-energy, no code needed. Monzo pays £10 to new Personal customers, or £50 on a Business account for UK sole traders and limited company directors. Open with fzwdlcvv or through https://honestcodes.co.uk/go/monzo, add money and make one purchase with your card within 30 days. ATM withdrawals, transfers and virtual-card payments do not count.

PayPal gives £10 each side when you open a new UK personal account through https://honestcodes.co.uk/go/paypal and complete a £5 GBP checkout within 30 days. TopCashback pays £10 once you earn £10 of approved cashback within 180 days via https://honestcodes.co.uk/go/topcashback. Quidco pays £10 after £5 of confirmed cashback. Join through https://honestcodes.co.uk/go/quidco. New members only.

Klarna pays £10, Clearpay gives £10 off, Zilch pays £5 in Zilch Rewards and Cheddar pays £3. These are separate companies, each with its own new-customer terms. HonestCodes checks every offer daily.

## Do Monzo and Chip pay a sign-up bonus?

Starting the year with a new current account? Open Monzo with fzwdlcvv or through https://honestcodes.co.uk/go/monzo and you get £10 on a Personal account. Are you a UK sole trader or limited company director? A Business account gets £50. Add money, then make one purchase with your Monzo card within 30 days. ATM withdrawals, money transfers and virtual-card payments do not count. This offer is for people who have never held a Monzo account, and Personal accounts are open from age 16, Business from 18.

Saving for something? Open https://honestcodes.co.uk/go/chip or sign up with CHIP-TCE575, then deposit at least £1,000 into eligible Chip accounts and hold it there for 90 consecutive days. Chip pays a £50 bonus into your Instant Access Account or Prize Savings Account. The £1,000 can sit in savings, the Smart Cash ISA or investments. You have 120 days from being referred to complete it, and the offer is open to new customers aged 18+. Capital at risk when investing.

Pick the account that fits your goal, follow the steps, and claim your reward. Full details for each offer are on our pages: [Monzo](/codes/monzo) and [Chip](/codes/chip).

## Do TopCashback, Quidco and Cheddar pay you to join?

Want paying just for joining? These three UK cashback sites do it, and each bonus unlocks on everyday spending. Here is what each one pays.

TopCashback gives new members aged 18+ a £10 sign-up bonus. Use code honestcodes or join through https://honestcodes.co.uk/go/topcashback, then earn £10 of approved cashback within 180 days. It works with 5,500+ UK retailers, including Amazon, Tesco, Argos, Sky, BT and Booking.com. Details are on our [TopCashback](/codes/topcashback) page.

Quidco offers a £10 joining bonus once you earn £5 of confirmed cashback on your own qualifying purchases. There is no code to type. Join through https://honestcodes.co.uk/go/quidco. New members only. Withdraw by BACS to a UK bank account, to PayPal or as a gift card. Comparing the two? Read the [TopCashback vs Quidco comparison](/guides/topcashback-vs-quidco-2026).

Cheddar puts £3 in your wallet once you earn your first £5 of cashback within 30 days of signing up. Use code JYFRSHU or join through https://honestcodes.co.uk/go/cheddar. Cashback lands the instant you buy. In the app, buy a digital gift card for the value of your shop, from Tesco, Sainsbury's, Costa Coffee or more than a hundred other UK brands. Withdraw to a UK bank from £5 with no fees. See the [Cheddar](/codes/cheddar) page.

## What do PayPal, Klarna, Clearpay and Zilch give new users?

Want a payment app that rewards you? Start with PayPal. Open a new UK personal account with qgwoE or through https://honestcodes.co.uk/go/paypal, then complete a £5 GBP checkout purchase within 30 days. Both sides get a £10 bonus. Aged 18+. Details are on the [PayPal](/codes/paypal) page.

Klarna wants you to try its card. Sign up for the Klarna Card with lTicTmR4qMdin7v- or through https://honestcodes.co.uk/go/klarna, then make three Card purchases of £5 or more within 30 days. The £10 lands in your Klarna balance. The offer is for UK adults aged 18+ who have never used the Klarna Card. Compare the two in our [Klarna vs PayPal comparison](/guides/klarna-vs-paypal-referral).

Shopping for something bigger? Clearpay splits a purchase into four interest-free instalments, taken every two weeks. Sign up with BEHZA-T6T77 or through https://honestcodes.co.uk/go/clearpay, then make your first eligible purchase of £50 or more. £10 comes off before the total is divided. New UK customers aged 18+ can claim it, in-app only.

Zilch is a card you can use almost anywhere Mastercard is accepted. Sign up with o7wikj98 or through https://honestcodes.co.uk/go/zilch, verify your identity and get your Zilch card within 30 days. That unlocks £5 in Zilch Rewards. Aged 18+, UK residents. See the [Zilch](/codes/zilch) page.

## Does EDF Energy pay you to switch in the new year?

Thinking about your energy bills for the new year? Switching to EDF gets you a £50 credit, and you don't need a code. Switch your home's electricity or gas through https://honestcodes.co.uk/go/edf-energy to start.

The £50 lands in your new account about four weeks after the switch completes and your first payment clears. Your steps are simple: switch, make your first payment, and wait for the credit to arrive.

The offer is for UK households not supplied by EDF in the past 12 months, switching directly on edfenergy.com. Full details are on our [EDF Energy](/codes/edf-energy) page.

Comparing your options? Our [best energy switching offers](/guides/best-energy-switching-offers-uk-2026) guide sets out more deals side by side.

## How do you claim every sign-up bonus first time?

Want every sign-up bonus paid out first time? Use the link or enter the code while you sign up, so the offer applies to your new account. HonestCodes checks every offer daily against the brand's own terms.

Monzo's £10 Personal bonus is for people who have never held a Monzo account. Open an account through https://honestcodes.co.uk/go/monzo or with fzwdlcvv, then add money and make one purchase with your Monzo card within 30 days. ATM withdrawals, money transfers and virtual-card payments do not count. PayPal pays a £10 bonus each side when you open a new UK personal account through https://honestcodes.co.uk/go/paypal or with qgwoE and complete a £5 GBP checkout purchase within 30 days of sign-up.

TopCashback's £10 sign-up bonus unlocks once you have earned £10 of approved cashback within 180 days. Join as a new member aged 18+ through https://honestcodes.co.uk/go/topcashback or with honestcodes. Cheddar puts £3 in your wallet once you have earned your first £5 of cashback within 30 days of signing up. Cashback lands the instant you buy a digital gift card in the app for your shop.

Finish the unlock step well inside the time window, and keep a note of each deadline. The windows are 30 days for Monzo, PayPal and Cheddar, and 180 days for TopCashback. For more, read our [bank referral bonuses guide](/guides/bank-referral-bonuses-uk).

## Frequently asked questions

### What is the biggest sign-up bonus in the UK this new year?

£50, from three brands. Chip pays £50 (code CHIP-TCE575) after you deposit at least £1,000 and hold it for 90 consecutive days. EDF Energy credits £50 after you switch your home to EDF through https://honestcodes.co.uk/go/edf-energy. Monzo gives £50 to UK sole traders and limited company directors who open a Business account with fzwdlcvv. Capital at risk when investing.

### Is there a Monzo referral code for the new year?

Yes. Open a Personal current account with fzwdlcvv or through https://honestcodes.co.uk/go/monzo and you get £10. Add money and make one purchase with your Monzo card within 30 days to unlock it. ATM withdrawals, money transfers and virtual-card payments do not count. The offer is for people who have never held a Monzo account.

### Can I claim more than one sign-up bonus?

Yes. These are separate companies, so each new-customer reward is claimed on its own terms: a new Monzo account, a new PayPal account and a new TopCashback membership can all pay out. Each brand sets its own rules: Monzo's bonus is for people who have never held a Monzo account, and Klarna's for people who have never used the Klarna Card.

### Which cashback site pays the best joining bonus?

Quidco and TopCashback both offer a £10 bonus to new members. Quidco needs £5 of confirmed cashback on your own qualifying purchases: join through https://honestcodes.co.uk/go/quidco. TopCashback needs £10 of approved cashback within 180 days, using honestcodes or https://honestcodes.co.uk/go/topcashback. Cheddar pays £3 after your first £5 of cashback within 30 days.

### How do I get the £10 PayPal bonus?

Open a new UK personal PayPal account with qgwoE or through https://honestcodes.co.uk/go/paypal. Then complete a £5 GBP checkout purchase within 30 days of sign-up. You and the friend who invited you each get £10 once that is done. You must be aged 18 or over.

### Does EDF Energy pay a switching bonus?

Yes. Switch your home's electricity or gas to EDF through https://honestcodes.co.uk/go/edf-energy and EDF credits £50 to your new account. The credit arrives about four weeks after the switch completes and your first payment clears. The offer is for households not supplied by EDF in the past 12 months.

### Is the Chip £50 bonus easy to get?

The steps are clear. Sign up with CHIP-TCE575 or through https://honestcodes.co.uk/go/chip, then deposit at least £1,000 into eligible Chip accounts and hold it for 90 consecutive days. Chip pays £50 into your Chip Instant Access Account or Prize Savings Account. The £1,000 can sit in savings, the Smart Cash ISA or investments. You have 120 days from being referred to finish. Capital at risk when investing.

### How does HonestCodes check these bonuses?

HonestCodes checks every offer daily against the brand's own terms. Our editors compare each bonus with the rules the brand publishes, so the figures, codes and conditions you see match the current offer. Each answer shows the steps to unlock a reward.