A MAJOR bank is offering new and existing customers £200 if they make a switch – but the deadline to start the process is just days away. Lloyds Bank is offering the free money to anyone movi…
is offering new and existing customers a £200 bonus if they switch to one of five current accounts. They are:Select Current Account To get the £200 bonus, regardless of which account you switch to, you have to set up two active direct debits, pay in £1,000 and log on to online or mobile banking within 60 days of telling Santander you want to switch.
Existing Santander customers can get the bonus too, but they should head to their local branch to do the switch.Customers switching could be eligible for a four month fee-free arranged overdraft too.You can make the switch through the Current Account Switch Service . But if your bank or building society is not part of the service you can still make the switch for free.You will need to pay a minimum of £1,000 into the account within three months of opening it though.If you have opened a HSBC account on or after January 2020 you won't be eligible for the bonus.Again, you can make the switch through the Current Account Switch Service .All customers who switch to a TSB current account using the CASS will get £200 in free cash.
Not all banks and building societies are part of the service, although over 40 are. You can find the full list on the CASS website.If you are accepted, they will offer to make the switch for you automatically and ask you to choose a date to do it.
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