If you are beginning to feel the financial pressure this summer due to the rising cost of living and upcoming increase to energy bills, a quick way to boost your cash flow is to get paid for switching your bank account.
The team at MoneySavingExpert.com are always on top of the latest bank switching offers and in this week’s newsletter, they have shared details of four that are offering cash incentives of up to £150. Switching is much simpler these days and your incoming and outgoing funds along with direct debits, standing orders and recurring payments are fully protected by the Current Account Switch Service.
The switch can be completed in as little as seven working days and most banks or building societies will allow you to select a date to transfer accounts that suits you. And if you’re a bit unsure of doing it, take comfort in the knowledge that more than eight million current accounts have been switched since the Current Account Switch Service launched in 2013.
