Financial guru Martin Lewis has explained how those switching bank accounts can get around minimum monthly pay-in amounts. Those who are frustrated with poor service with their current bank are being implored by Martin to switch bank accounts, as many are offering cash to those who switch to their services - perfect for those who are worrying about their finances in the lead up to Christmas.
On tonight's episode of 'The Martin Lewis Money Show', the founder of MoneySavingExpert explained how people can make free cash by switching bank accounts. However, each bank provides certain conditions, including minimum pay-in amounts, which may put some switchers off - although Martin has provided some sterling advice on how you can fulfil these minimum amounts.
The 50-year-old talked the audience members and those watching along at home through some of the hottest bank account switch details available at the moment. He said: "This is for newbie bank account switchers. Now, to do this, you must switch using their official switching service - there's a relatively easy credit check you'll have to pass, too."