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Nottingham Post
Nottingham Post
National
Karen Antcliff

Free £175 cash as UK bank offers incentive for account switch

It is not often that we can report on how you can get your hands on free money, but a UK bank has announced that it is offering new customers £175 cash if they switch their accounts. First Direct is handing out the sum for those switching their current accounts to the bank using the Current Account Switch Service (CASS).

Of course there are a couple of caveats. Customers must pay in at least £1,000 within three months of opening the account to be eligible for the £175. Also, it's not available for anybody who has opened a HSBC current account on or after January 1, 2019.

The bank promises that the switch will be easy too. Birmingham Live reported the bank as saying: "We know switching banks sounds like it'll be a nightmare, but we promise it's not.

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