Barclays, Nationwide, Lloyds to give customers up to £200 for free

Daily Express

4 hours ago

YoyoFeed Ai Summary

Major UK banks including Barclays, Nationwide, and Lloyds are offering cash incentives to customers who switch their current accounts. Barclays and Lloyds are providing up to £200, while Nationwide and NatWest are offering £175. These offers are typically available through the Current Account Switch Service (CASS). To qualify for Nationwide's £175 bonus, customers must switch from a non-Nationwide account to a FlexDirect, FlexAccount, or FlexPlus, transfer two Direct Debits, and meet deposit and debit card payment criteria within specified timeframes. Eligibility is restricted for those who have previously received similar offers. Barclays is offering £200 to new customers who join its 'Blue Rewards' scheme, which has a £5 monthly fee. Additional perks include an Apple TV+ subscription and other benefits. However, existing Barclays current account holders since October 7 or those who have previously received a Barclays switch bonus are ineligible. Lloyds Bank is providing a £200 bonus for switching to a Club Lloyds account, but these accounts come with monthly fees that can ... download the app to read more

be waived if a minimum deposit is met. The bonus is paid within three days of switching, provided at least three active Direct Debits are transferred. First Direct is offering a £175 welcome bonus and a £250 interest-free overdraft to new customers who switch to their 1st Account, requiring at least two Direct Debits, a £1,000 deposit, and digital banking login within 45 days. This offer is not available to former HSBC current account holders since January 1, 2018.

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