To get it, you’ll need to do all of the following each month, from September 2023 to February 2024 inclusive: The remaining £75 is paid as a ‘stay incentive’. The £125 bonus will then be paid by 30 September. You’ll also have to log into the TSB mobile banking app or online banking at least once, make at least one debit card payment and set up two direct debits by 24 March. To qualify for the first £125, you’ll need to complete a full switch to one of the accounts above using the Current Account Switch Service by 31 August. Switching offer: TSB is offering up to £200 as a cash incentive when you open a new Spend and Save or Spend and Save Plus current account, and switch to it. This offer is available on the Halifax Current Account, Reward Account and Ultimate Reward Account. Halifax is also offering a 6 month interest-free arranged overdraft for switchers. The account is free if you pay in at least £1,500 a month, spend at least £500 a month on your debit card and stay in credit. – You can also get 15% cashback when you spend money at certain shops like Costa and Sainsbury’s – Have £5 paid into your bank account each month (or choose one of the other rewards such as free cinema tickets or digital magazine subscriptions) The Halifax Reward account also comes with a choice of perks: You’ll also receive a £25 cashback bonus each month you spend at least £750 during September, October and November. You can’t have received a switching bonus from Halifax or Lloyds Bank since April 2020. To qualify for the £150 cash bonus, you need to switch a current account with a different provider to a new or existing Halifax Reward account by 31 August. It’s comprised of a £150 cash bonus, plus three possible lots of £25 cashback. Switching offer: Halifax are offering up to £225 to new and existing customers. While the upfront switching bonuses are tempting, you may make more from your account by choosing one that offers great cashback. If you are looking for more from your current account, then check out our independently rated best current accounts. They are also time-limited too, so get your skates on for the best deals. These cash incentives are often reserved for new customers only, so you need to check the eligibility criteria first. Other major banks frequently offer similar incentives, so it’s worth checking back here every so often.įor students, NatWest is paying £50 to new and existing customers plus a four-year Tastecard offering discounted meals, cinema tickets and shopping. * This article may contain affiliate links that can earn us revenue What are the top-paying bank switching offers currently available?Ĭurrently, NatWest, First Direct, Lloyds Bank, Halifax and TSB are offering cash switching bonuses of up to £225.
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