Seven banks are offering customers cash incentives to switch accounts, with some deals providing up to £400 before Christmas. These offers are detailed in a MoneySavingExpert (MSE) newsletter and utilize the Current Account Switch Service (CASS) for a seamless transition.
Barclays offers the most substantial reward, with its Premier bank account providing £400 cash and an Apple TV+ subscription to customers earning £75,000 or more annually, with payments due by December 9. For those not meeting the high-earner criteria, Barclays also has a deal for £200 cash and Apple TV+ by joining their Blue Rewards scheme, which has a £5 monthly fee that can be canceled after receiving the bonus.
Other banks also have attractive offers. First Direct is giving a £175 bonus, payable by November 20, along with a £250 interest-free overdraft and access to a 7.00% AER savings account. Club Lloyds is offering £200 by November 12, though both Club Lloyds and Premier Accounts incur a monthly fee, and existing Lloyds, Bank of, or Halifax Bank customers who received a bonus in the last five years may not be eligible. Nationwide provides a £175 bonus ... download the app to read more
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