If the financial impact of April is already putting an extra squeeze on your personal or household budget due to double-digit inflation, the loss of the £67 monthly energy rebate and ever-increasing prices at the supermarket, now could be a good time to switch your banking services to one of three high street big names currently offering up to £200 in free cash.
The Royal Bank of Scotland (RBS) and NatWest are offering £200 to new customers who ditch their old bank and switch to them while First Direct is offering £175. The main rule for securing the free cash boost is to use the Current Account Switch Service (CASS), which last year successfully moved over 986,956 bank accounts in 2022.
The Service has facilitated more than 8 million switches since its launch in 2013 and provides a secure and reliable way to move your current account to and from any one of 47 high street and digital banks and building societies - and it can complete the move in just seven working days.
