Top Bank Switching Offers with Up to £185 ‘Free’

Top Bank Switching Offers with Up to £185 ‘Free’: Not pleased with your present account? And then it’s easy to change banks. If you change your current account, you can now get up to £185.

Recent information from the Current Account Switch Service (CASS) shows that 433,701 bank transfers took place between October and December 2023. This is the biggest number of transfers in a quarter since the service started.

Top Bank Switching Offers with Up to £185 ‘Free’

Natwest got the most switches from July to September 2023. HSBC, TSB, and RBS came in next.

But you’ll need to act quickly because the best deals on moving banks are running out. TSB’s deal is the only one that’s still available.

With the Current Account Switch Service (CASS), switching banks for current accounts is quick and easy. This is because banks have to do the work and finish the switch within seven working days.

To switch, all you have to do is open a new current account and ask CASS to make the move. After seven days, the service will close your old account and move all of your money, direct debits, and standing orders to your new account.

Also, for three years, any money that comes into or tries to leave your old bank account will be sent directly to your new account.

Still, keep in mind that even though these deals may seem good, you should only move to an account that fits your needs, since some accounts may charge a monthly fee. Before you start the switch process, you should always check the terms and conditions to make sure you can get the bonus. There are a lot of deals going on right now. To stay up to date on deals, sign up for our email.

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what the best deals are for moving banks

TSB: Get £125 and up to £60 cash back

You can get up to £185 if you open a free Spend & Save account with TSB. This offer is only good for new buyers.

You must use the Current Account Switching Service to make the full switch between January 15, 2024, and the offer ends before you can get the £125 switching bonus.

To be able to get the deal, the following must be done by March 15, 2024:

• Use the bank card to make at least one payment on your TSB account.
• At least once, sign in to the TSB mobile banking app.
• Make sure that your new TSB account has at least two direct debits set up.
• The £125 will be put into your new TSB current account between March 20th and March 29th, 2024, as long as you meet the requirements.

£60 back in cash

You’ll also get £10 back every month for the first six months.

You must use your debit card to make at least 20 payments each month in order to get the cashback. Get £10 cashback every month for six months. That’s an extra £60 in your pocket.

This offer isn’t valid for people who have gotten a benefit or incentive to switch from TSB since October 1, 2022.