Major UK bank gives new customers £150 free cash in switch offer – here’s how to get money direct to your account

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A MAJOR precocious thoroughfare slope is giving customers £150 escaped currency straight into their existent relationship - here's however you tin currency in.

It's lone disposable for a constricted clip though, with the connection ending promptly astatine 11:59pm connected Wednesday.

Two customers exiting a Banco Santander branch.

The woody applies to some caller and existing customers of Santander when they power to an eligible existent account.

All they request to bash is unfastened a Santander Edge, Edge Up, Everyday oregon Private existent relationship online.

Banks often connection incentives to pull caller customers, usually successful the signifier of a currency bonus.

Customers conscionable request to power their existent relationship utilizing thing known arsenic the Current Account Switching Service (CASS).

There are a fewer different requirements excessively that request to beryllium met earlier cashing in.

The slope insists caller customers indispensable person 2 progressive Direct Debits connected the eligible account.

Santander besides requires customers to wage successful astatine slightest £1,500 wrong 60 days of the archetypal power request.

If each these requirements are met the slope volition deposit £150 into your relationship aft 3 months.

Both caller and existing customers tin power either online via the Santander website.

Otherwise, they tin popular into their section subdivision to instrumentality vantage of the offer.

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You won’t suffice for the switcher connection if:

You are not a UK resident.
You power from an relationship held with Santander, cahoot, oregon Cater Allen.
You are switching to immoderate Santander relationship that isn’t listed above.
Anyone named connected the Santander relationship has antecedently received a power inducement from Santander since September 2021.

Santander isn't the lone slope offering escaped currency for customers who switch.

First Direct is besides offering a £175 invited bonus to caller customers.

The relationship offers a £250 interest-free overdraft, taxable to eligibility, and besides entree to the First Direct regular saver account, which pays 7%.

How bash I power slope accounts?

SWITCHING slope accounts is simply a elemental process and tin usually beryllium done done the Current Account Switch Service (CASS).

Dozens of precocious thoroughfare banks and gathering societies are signed up - there's a afloat database connected CASS' website.

Under the switching service, swapping banks should instrumentality 7 moving days.

You don't person to retrieve to determination nonstop debits crossed erstwhile moving, arsenic this is done for you.

All you person to bash is use for the caller relationship you want, and the caller slope volition archer your existing 1 you're moving.

There are a fewer things you tin bash earlier switching though, including choosing your power day and transferring immoderate aged slope statements to your caller account.

You should get successful interaction with your existing slope for immoderate aged statements.

When switching existent accounts, see what different perks mightiness travel with joining a circumstantial slope oregon gathering society.

Some banks connection 0% overdrafts up to a definite limit, and others mightiness connection amended rates connected savings accounts.

And immoderate banks connection escaped question oregon mobile telephone security with their existent accounts - but these accounts mightiness travel with a monthly fee.

It besides says you’ll person nary debit paper fees erstwhile spending abroad.

To get the bonus, you request to complete a afloat switch utilizing the Current Account Switch Service, including astatine slightest 2 nonstop debits oregon lasting orders.

Next, you request to deposit £1,000, marque 5+ debit paper payments, and log connected to integer banking, wrong 30 days of your relationship opening.

The woody is lone disposable to caller customers only, who haven’t antecedently held a archetypal nonstop product. It’s besides not disposable for anyone who opened a HSBC existent relationship connected oregon aft January 1, 2018.

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