A UK bank is offering customers £200 in free cash.
Martin Lewis shared the news as part of his Money Saving Expert newsletter this week. Nationwide is giving many savers £200, plus 5% interest worth up to £75 for new customers.
Writing on MSE, Mr Lewis said: "Six banks are currently willing to pay you legal bribes to switch to them, including the biggest upfront cash we've seen for years. So unless your current bank makes you smile, why not ditch, switch and earn?"
READ MORE: Cost of living payment update for people who didn't get the £150
Customers who switch to Nationwide's FlexDirect account, including from an existing Nationwide account, will get £200 within 60 days of requesting the switch, if you move two or more direct debits over. There is no minimum pay-in amount.
The bank's seven working-day switching service auto-moves your balance, standing orders and direct debits for you. Plus it'll close your old account, and ensures any payments to it are forwarded automatically.
Mr Lewis added: "Most say the process is easy and hassle-free to do."
First Direct is also offering new customers a free £175 switching bonus and an extra £20 "opening" payment. Similarly, NatWest's Reward account offers a £175 switching bonus and up to £36 a year in cashback.
You can find out more details about these and other accounts offering switching cash in the MSE article here
Receive newsletters with the latest news, sport and what's on updates from the Liverpool ECHO by signing up here
READ NEXT:
Frank Lampard comes home and wife Christine's friends 'can't cope'
DWP announces changes to PIP decision making process for claimants
Jennifer Ellison rushed to hospital after helicopter accident
Coronation Street's Harriet Bibby declares love for co-star after night out
A Place In The Sun’s Danni Menzies takes a break as stolen moped 'takes her out'
