The consumer champion shared details on how to make free money for the festive season on This Morning.
Martin Lewis has issued an urgent warning to every person across the country with a current account at a bank or building society that they could lose out on a chance to make £200 before the festive season begins.
And the reason for the urgency? The payout period after you have switched accounts, which can take up to 28 days - full details are on the MSE.com website here. Martin replied: "When I've done polls on this in the past, 80% of people tell me switching is easy and hassle free. The system changed years ago. We now have this seven-working day switch service , so the switch will take around 10 days on average from the time you apply assuming you're accepted to the time that you get through."
"It is free money but you can only be a new customer - because these are new customer switch deals - normally you then have to wait at least a couple of years before you're counted as a new customer again so that's where it gets difficult. It takes a little bit of work to do it serially - just to do it once is very easy."
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