HSBC and Halfiax bank accounts offering free money to new customers!
BRITONS can start 2017 by getting their finances on firmer ground with an easy cash boost by simply switching their bank account.
Providers are offering hundreds of pounds in the hope of attracting new customers through the door – and amid ultra low interest rates, it’s one way to generate some surplus money.
Top of the list is HSBC, which offers £150 to new customers who move their banking to its Advance Bank Account, then another £50 after a year if you stay with the account.
However, you will need to be able to pay in at least £1,750 a month to qualify for the account.
Another option is First Direct, which offers £125 to new customers of its 1st account who apply through Moneysupermarket.com or Moneysavingexpert.com.
Customers can qualify if they pay in at least £1,000 a month and will also be able to open First Direct’s five per cent regular saver account.
The Co-op gives £110 upon the opening of one of its current accounts and customers qualify if they can pay in at least £800 a month.
The Halifax Reward Current Account also pays £100 to new customers, plus an additional £5 every month to customers who pay in at least £750.
And Marks and Spencer fans may want to consider the M&S Premium account, which gives new customers a £50 gift card, and then a £5 gift card every month for up to 24 months.
However, the account comes with a £10 fee and at least £1,000 a month must be paid in.
Source: EXPRESS | Author: Lana Clements