If you are beginning to feel the financial pressure due to the rising cost of living and upcoming increase to energy bills, a quick way to boost your income is to get paid for switching your bank account. Four of the biggest names in British banking are offering new customers up to £175 within 10 to 30 days of the switch taking place - which could give your balance a much-needed boost before the new price cap starts on October 1.
The team at MoneySavingExpert.com are always on top of the latest bank switching offers and in this week’s newsletter, they have shared details of impressive cash incentives available from First Direct, Santander, Halifax and Nationwide.
Switching is much simpler these days and your incoming and outgoing funds along with direct debits, standing orders and recurring payments are fully protected by the Current Account Switch Service.