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The Guardian - UK
The Guardian - UK
Business
Shane Hickey

Power switching: banks compete for current account customers with cash payouts

People walk past a Natwest Bank branch
NatWest has joined First Direct, Lloyds and Nationwide in promising healthy one-off payments. Photograph: Isabel Infantes/Reuters

Some of the biggest high-street banks are eager for people to ditch their existing current accounts and switch to their offerings – with the promise of cash bonuses of up to £175 in return.

NatWest has joined First Direct, Lloyds and Nationwide in promising healthy one-off payments for new accounts.

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