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The Independent UK
The Independent UK
Business
Karl Matchett

Major UK bank will now pay you £185 to switch to them

The battle for current account customers has seen a new market-leading cash offer arise, with Lloyds Bank offering £185 to switch to them.

Lloyds are offering the cash switch offer from 1 July to anyone opening Club Lloyds or Lloyds Premier accounts after moving their current account from another bank using the Current Account Switch Service (CASS).

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