Hours left to get £175 free cash before Christmas with simple move

HOUSEHOLDS have just hours left to snap up £175 free cash which could come in useful before Christmas.
Banks and building societies regularly run switching offers to entice new customers in.


A bank is handing out £175 in free cash if you switch to one of its current accountsCredit: PA

All you have to do is switch your current account from one to another and fulfil other criteria and the money is transferred to you.
In most cases it takes just minutes to get started.
There are a number of switching offers out there currently, including one with Lloyds which is offering new customers £175.
But you’ll need to be quick as you need to start the switch by the end of today.

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To get the free cash you’ll need to open a Club Lloyds, Club Silver or Club Platinum account.

It will be paid into your account within three working days of you completing the switch.
You might have to pay a minimum £3 fee to maintain any of the three accounts though.
You have to pay £3 a month to keep a Club Lloyds Account open, £10 for the Club Lloyds Silver Account and £21 for the Club Lloyds Platinum Account.

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All of the fees are scrapped if you deposit £2,000 or more into one of three accounts though.

Bear in mind, you can’t carry out the switch if you’ve received a bonus for switching to Lloyds Bank or Halifax Bank since April 2020.
Alongside the £175 cash, the three accounts open up a number of other perks.
For example, they come with either 12 months of Disney+, six cinema tickets, an annual digital Coffee Club and Gourmet Society membership or an annual magazine subscription.
Meanwhile, you can get a 0% interest free overdraft for the first three month.

Of course, be wary of setting up an overdraft though as you don’t want to end up struggling to get out of it.
What other banks are offering switching bonuses?
Nationwide, First Direct and Barclays are all currently offering switching bonuses worth up to £200.
Nationwide is offering £200 to new customers who switch to either its FlexPlus, FlexDirect or FlexAccount accounts.
You just have to open one of the accounts online or in-app and switch from a different bank, including two direct debits.

The bonus will then be paid within 10 days.
Bear in mind, you will have to pay a £13 monthly fee to maintain a FlexPlus account.
Meanwhile, you can’t switch to any of the three accounts if you’ve received …