Another bank has joined the trend of using 'free money' to try and attract customers to switch to them, with NatWest being the latest to offer a cash reward. More and more banks are offering people specific deals and even £100s in cash offerings to try and get customers to leave their current provider and join them.
According to Money Saving Expert, four banks are currently offering (legal) cash bribes to tempt you over, including NatWest's newly launched £200. And with the cost of living crisis showing no signs of slowing down and it being easier than ever to change banks, perhaps now is the time to take advantage.
Switching is now fairly quick, with all payments, direct debits and standing orders moved over for you, and your old account automatically closed. Taking just seven working days to complete, there's nothing stopping you - especialy when there is free money on offer.
