Financial times are getting tougher and more households are reviewing their budgets to tighten up on spending and keep outgoing costs down, but now one online bank is offering £20 - completely free - to people over 18 who simply open an account with them.
In an even more impressive cash incentive, First Direct is also offering £!50 to those who switch their banking services from their current provider to the top-rated bank.
Nearly a quarter of a million current account switches took place during the last three months of 2021, as the number of customers ditching their bank to move elsewhere and gain some extra cash accelerated.
