With the cost of living on the rise, we could all do with some extra cash in our pockets - and you could get over £200 completely free by switching banks.
Martin Lewis' MoneySavingExpert team highlighted some of the best deals being offered by banks, with four currently "fighting it out" for new customers with cash offers. The experts have now made fresh calls for people to make the switch to take advantage of the promotions as competition heats up, drawing attention to four major banks currently offering the biggest cash amounts to new account holders.
A recent Twitter poll carried out by Martin found that 60% of people hadn't switched banks, despite 85% of people who had saying it was an "easy and hassle-free" process. To take advantage of the cash offers, you can use the new bank's switch service which will automatically move all of your direct debits and standing orders, close your old account and forward any payments made within seven working days, the money expert advised in his latest MSE email.
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