Martin Lewis has shared how fans can get their hands on as much as £200 in free cash.
The Money Saving Expert founder regularly shares tips and tricks for people to save, or in this case get their hands on, money. And it's never been more needed amid the worsening cost of living crisis.
Fans who are subscribed to MSE's weekly newsletter receive the best, up-to-date advice from Mr Lewis and the other MSE contributors.
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On Tuesday, the email shared how people can claim free cash, and it's a straightforward and simple process. Writing on MSE, Mr Lewis explained that by simply switching your bank account to another provider, you could be quids in.
High street banks often offer cash incentives to tempt new customers to join them, and a number of banking giants are now offering large "banking bribes".
For example, First Direct is offering switchers to its 1st Account a free £175, as well as a £30 Amazon voucher and a 7% interest saving account. There's also a £250 interest-free overdraft, but there are some rules.
Banking customers will need to open the account by June 19, having switched from an account with a different bank. You'll also need to pay in £1000 or more within three months and then the £175 will land in 28 days.
An email with instructions on how to claim the £30 voucher will arrive within 90 days of opening the account. You can't have ever had any account with First Direct, or opened a current account with sister bank HSBC since January 2020.
Switchers to NatWest's Reward account will get £200 cash as well as up to £36 a year in cashback. You need to switch from an account with a different bank, pay in £1,250 or more, and use the app within 60 days.
Within a week the £200 should land in your account. But you won't be eligible if you've had switch cash from NatWest, RBS or Ulster since October 2017.
To find out more about these deals, as well as other banks offering switch bonuses, read the MSE article here.
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