NatWest, Lloyds, First Direct, Nationwide and Santander sending customers up to £200

Five UK banks are offering up to £200 escaped currency successful clip for Christmas (Image: Getty)

Five large UK banks are offering customers a free currency boost of up to £200 conscionable successful clip for Christmas.

It’s a clip of twelvemonth erstwhile household budgets are tight, what with pricey heating bills and mountains of presents and festive nutrient to buy, truthful immoderate accidental to container immoderate other currency is simply a bonus.

NatWest, Lloyds, First Direct, Nationwide and Santander are each offering escaped currency incentives close present to customers who power accounts - and if you marque the power successful time, you’ll get immoderate other wealth earlier Christmas.

Lloyds is offering the biggest reward astatine £200 for customers who power to its Club Lloyds account. To get the bonus you request to unfastened the relationship online, by telephone oregon successful subdivision and power successful an relationship from a antithetic bank, including 3 Direct Debits. 

The power indispensable person been started by December 10 to suffice for and you can’t person had a switching bonus from Lloyds, Bank of Scotland oregon Halifax since April 2020. The £200 volition past beryllium paid into your relationship wrong 10 moving days of the power starting.

Lloyds says arsenic good arsenic the upfront £200 power cash, the Club Lloyds relationship allows you to take a reward each twelvemonth including 12 months' Disney+ (with ads), six cinema tickets, a Coffee Club & Gourmet Society membership, oregon a subscription to a magazine. But customers should enactment there's a £3/month interest unless you wage successful £2,000 positive a month.

You tin besides get the escaped power currency with immoderate different Lloyds accounts too, including the Club Lloyds Silver account.

NatWest is offering £180 to anyone who switches into 1 of its Reward accounts and volition contented the currency wrong conscionable 7 days.

If you already person an relationship with Natwest, past you simply request to power to an eligible Reward account, including NatWest Reward, Reward Silver, Reward Platinum, Premier Reward, oregon Premier Reward achromatic account.

If you’re not already a lawsuit past you request to petition and implicit a power of a existent relationship that isn’t with NatWest, RBS oregon Ulster Bank to your eligible relationship utilizing the Current Account Switch Service online oregon via the mobile app.

To qualify, the power indispensable see closing your existent relationship that is held elsewhere and moving immoderate outgo instructions to your eligible account.

Both First Direct and Nationwide are offering a escaped £175 boost to customers who power to a qualifying account. 

First Direct volition springiness the freebie to those who power to its 1st Account, which has a linked 7 percent AER fixed regular redeeming you tin enactment £300 per period successful for 1 year. To get the £175, you indispensable power successful an relationship with 2 Direct Debits, wage successful a full of £1,000 plus, and marque 5 debit paper payments wrong 45 days.

As for Nationwide, you’ll get the escaped £175 if you power to its FlexDirect account, which arsenic a linked 6.5 percent AEP adaptable regular redeeming you tin enactment £200 per period successful for 1 year. To suffice for the freebie you request to power 2 Direct Debits across, past wage successful £1,000 and walk erstwhile connected the debit paper wrong 31 days of requesting the switch.

Finally, Santander is offering a switching bonus of £150 for customers who determination to its Edge account. The relationship offers six percent easy-access savings, positive 1 percent bills cashback connected Council Tax, energy, broadband, phones, paid-for TV and h2o bills. To get the currency you request to power from a antithetic bank, wage successful £1,500 and acceptable up 2 Direct Debits.