Latest news with #CurrentAccountSwitchService
Scottish Sun
3 days ago
- Business
- Scottish Sun
Major bank giving away £180 free cash – here is how you can get your hands on it
Read on to learn about other banks giving away free cash BANK ON IT Major bank giving away £180 free cash – here is how you can get your hands on it Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A MAJOR bank is giving away £180 free cash - here is how you can get your hands on it. Santander has launched a new switching incentive to lure customers. Sign up for Scottish Sun newsletter Sign up 1 Santander has launched a new switching offer Credit: Getty The bank is offering the cash to new customers who open an eligible current account with the high street lender. That includes the bank's fee free Everyday Current Account. As part of the deal, customers will receive £180 within 90 days of making the switch. But there are some requirements to get the cash. For starters, customers need to pay £1,500 into the account within 60 days. This does not have to be deposited all at once. Customers must also set up two active household Direct Debits on the new account. This can include your council tax, mobile phone, home phone, broadband, paid-for TV packages, water, gas and electricity bills. If you are interested, you will need to make the switch by using the Current Account Switch Service (CASS). CASS helps people switch their current accounts by handling the move for free, including moving balances and payments to the new account and closing the old one. It is a free service and helps move customers' balance, direct debits and salary over in seven days. Switch bank accounts for free perks Existing Santander customers may also be eligible for the free cash. Customers might still qualify for the incentive if they opened an account after January 1 2025. The bank can switch a current account existing customers hold at another bank to their Santander current account. Although the offer is enticing, it always pays to read through the full terms and conditions and ensure the available accounts match your banking needs. OTHER SWITCHING OFFERS TSB is giving new customers who switch to the high street bank a £100 switching incentive. You get the £100 upfront but if you spend on you debit card for 20 times in the first six months you get a £15 a month cash back. Co-op bank is also paying £175 to new customers. Meanwhile, Nationwide is giving existing customers a £100 cash boost. This is part of Nationwide's Fairer Share programme, which set out to reward customers who bank with the lender or meet certain lending criteria. The payment goes to members who bank with Nationwide regularly. Those who have a savings account or mortgage product could also qualify. It will be paid directly into customers Nationwide current account between June 18 and July 4.
Daily Mirror
4 days ago
- Business
- Daily Mirror
Santander giving away free £180 when you open a bank account
Banks and building societies often offer cash incentives to new customers willing to make a full switch from their existing current account Santander has launched a brand new switching incentive and is paying new customers £180 to move their banking to them. The offer was launched on May 29, and the high street banking giant says both new and existing customers are eligible if they switch to its Everyday, Edge, Edge Up, or Private current account. Banks and building societies often offer cash incentives to new customers willing to make a full switch from their existing current account. Switching offers are also considered an easy way to get some cash. To get Santander's incentive, you need to close and switch your current account using the Current Account Switch Service (CASS). This is a free service which will move your balance, direct debits, and salary over to the new bank within seven days. Get banking advice and deals straight to your WhatsApp! As banks market their latest switch offers and savings accounts, the Mirror has launched its very own Money WhatsApp community where you'll get all the latest banking advice and money-saving tips straight to your phone. We'll send you the latest breaking updates and exclusives all directly to your phone. Users must download or already have WhatsApp on their phones to join in. All you have to do to join is click on this link, select 'Join Chat' and you're in! We may also send you stories from other titles across the Reach group. We will also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose Exit group. If you're curious, you can read our Privacy Notice. With bank switching offers, you often need to jump through a few hoops to be eligible for the money. These often include having to deposit a certain amount of money into the account or having to log in to online or mobile banking. With Santander, new customers will need to pay at least £1,500 into their Santander account within 60 days of the switching request. This doesn't need to be done all at once, and can be sent over through multiple payments. New customers will also need to set up at least two active household direct debits within 60 days. Join Money Saving Club's specialist topics For all you savvy savers and bargain hunters out there, there's a golden opportunity to stretch your pounds further. The Money Saving Club newsletter, a favourite among thousands who thrive on catching the best deals, is stepping up its game. Simply follow the link and select one or more of the following topics to get all the latest deals and advice on: Travel; Property; Pets, family and home; Personal finance; Shopping and discounts; Utilities. You will not be able to get the cash if you had a Santander account on January 1, 2025. After completing the switch, customers will have the £180 paid directly into their Santander account within 90 days. Anthony Warrington, Head of Banking at Santander UK, said: 'Summer is fast approaching, and many people will be saving up for the holidays - whether it be for that trip abroad, festival, or day out with the family. That's why we're pleased to be introducing our new £180 switcher incentive, providing even more value for customers making the move to Santander. "It's a simple, straightforward way to get rewarded for switching, while benefitting from our range of popular current accounts – making your money go that little bit further this summer.' The bank switching market is hotting up as there are multiple switching offers on the market at the moment. TSB is giving new customers £100 upfront and £90 to stay, First Direct is and Co-op bank is paying £175 to new customers and Nationwide is giving away £200.
Scotsman
6 days ago
- Business
- Scotsman
HSBC UK: firm offering £500 Selfridges spending spree
Luxury perks, no monthly fee, and a serious upgrade to your shopping game 🛍️ Sign up to the weekly Cost Of Living newsletter. Saving tips, deals and money hacks. Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... HSBC is offering new Premier customers a £500 Selfridges gift card and VIP perks The deal is aimed at UK residents earning over £100,000 a year Customers must fully switch accounts using CASS by August 12, 2025 The offer excludes existing HSBC and First Direct account holders Lloyds Bank has also launched a rival Premier account targeting wealthy clients Two of the UK's biggest banks have unveiled perks aimed at winning over customers, with one worth more than £500 that includes a 'VIP shopping experience at Selfridge's'. HSBC has launched the headline-grabbing incentive for new Premier account holders, which includes a £500 gift card that can be spent at Selfridges stores nationwide, as well as exclusive in-store perks. Advertisement Hide Ad Advertisement Hide Ad The promotion is designed to appeal to customers earning over £100,000 and is available only to those who complete a full account switch via the Current Account Switch Service (CASS) by August 12, 2025. (Photo:) | Getty Images The offer, which excludes existing HSBC and First Direct customers, is part of a broader refresh of HSBC's Premier account, relaunched in February. The bank says it now includes enhanced benefits across wealth management, international banking, travel, and health — all with no monthly fee. 'We have redesigned our Premier offering to ensure our perks and benefits echo what our customers want from a premium bank account, all still without a monthly fee,' said Sabine Fichaux, head of customer propositions at HSBC UK. Advertisement Hide Ad Advertisement Hide Ad Eligible customers will receive an email on or after November 9, 2025, with instructions on how to claim their Selfridges gift card. HSBC's incentive comes hot the heels of a similar Premier account launched by Lloyds Bank last week, and targets those with income or assets over £100,000. Its package combines financial advantages with 'premium lifestyle services,' including GP and wellbeing access, travel perks, cashback, discounted mortgage rates, and financial coaching. Are you struggling to make ends meet as costs continue to rise? You can now send your stories to us online via YourWorld at It's free to use and, once checked, your story will appear on our website and, space allowing, in our newspapers.
Scotsman
6 days ago
- Business
- Scotsman
HSBC UK: firm offering £500 Selfridges spending spree
Luxury perks, no monthly fee, and a serious upgrade to your shopping game 🛍️ Sign up to the weekly Cost Of Living newsletter. Saving tips, deals and money hacks. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... HSBC is offering new Premier customers a £500 Selfridges gift card and VIP perks The deal is aimed at UK residents earning over £100,000 a year Customers must fully switch accounts using CASS by August 12, 2025 The offer excludes existing HSBC and First Direct account holders Lloyds Bank has also launched a rival Premier account targeting wealthy clients Two of the UK's biggest banks have unveiled perks aimed at winning over customers, with one worth more than £500 that includes a 'VIP shopping experience at Selfridge's'. HSBC has launched the headline-grabbing incentive for new Premier account holders, which includes a £500 gift card that can be spent at Selfridges stores nationwide, as well as exclusive in-store perks. Advertisement Hide Ad Advertisement Hide Ad The promotion is designed to appeal to customers earning over £100,000 and is available only to those who complete a full account switch via the Current Account Switch Service (CASS) by August 12, 2025. (Photo:) | Getty Images The offer, which excludes existing HSBC and First Direct customers, is part of a broader refresh of HSBC's Premier account, relaunched in February. The bank says it now includes enhanced benefits across wealth management, international banking, travel, and health — all with no monthly fee. 'We have redesigned our Premier offering to ensure our perks and benefits echo what our customers want from a premium bank account, all still without a monthly fee,' said Sabine Fichaux, head of customer propositions at HSBC UK. Advertisement Hide Ad Advertisement Hide Ad Eligible customers will receive an email on or after November 9, 2025, with instructions on how to claim their Selfridges gift card. HSBC's incentive comes hot the heels of a similar Premier account launched by Lloyds Bank last week, and targets those with income or assets over £100,000. Its package combines financial advantages with 'premium lifestyle services,' including GP and wellbeing access, travel perks, cashback, discounted mortgage rates, and financial coaching.
Yahoo
6 days ago
- Business
- Yahoo
HSBC UK offers ‘VIP experience' incentive worth over £500 for affluent customers
Competition between major banks to attract affluent customers has intensified, with HSBC UK launching a switching incentive for new Premier customers. The promotion rewards new customers with a 'VIP shopping experience' at Selfridges stores nationwide, including a £500 gift card and other perks. It is available for customers who meet qualifying criteria, including having a £100,000-plus salary and completing a full switch to the bank's Premier account through the Current Account Switch Service (Cass). HSBC relaunched its Premier account in February. The bank said the account gives qualifying customers access to new and enhanced benefits focused on key themes of wealth, international, travel and health. Sabine Fichaux, head of customer propositions at HSBC UK, said: 'We have redesigned our Premier offering to ensure our perks and benefits echo what our customers want from a premium bank account, all still without a monthly fee.' The 'limited time' switching offer excludes existing HSBC and First Direct current account customers and is available to UK residents only. Full switches using Cass must be completed by August 12 2025. Eligible customers will be sent an email on or after November 9 2025 to claim their gift card. Last week, Lloyds Bank launched an account aimed at people with income or assets of more than £100,000. Lloyds' offer of an account combining financial perks with 'premium lifestyle services' is part of its moves to grow its presence in this part of the market. The Lloyds Premier account offers GP and wellbeing services, lifestyle benefits, travel perks, cashback, discounted mortgage rates and appointments with financial coaches, among its benefits. Sign in to access your portfolio
