Martin Lewis reveals how to get £200 free cash in time for Christmas
said: "We have a hot range of bank account deals at the moment. This is for newbie bank account switchers."
He continued: "It usually takes seven working days to switch, so in reality that's around 9 or 10 days, they will close your old account for you. As well as the money, you can take advantage of 5% interest on up to £1,500 for one year and 12 months of a 0% overdraft."It's also paying quickly - after your switch is complete, it then pays within ten days of the switchover, provided you meet the terms and conditions."
But to qualify for this, you have to commit to paying in a minimum of £1,000 each month and transfer with two active direct debits.Brits can take advantage of their 3% interest on up to £10,000 with a linked savings account, which Martin says is a "pretty good deal".To qualify, you just have to make a one-time payment of £1500 into the account and at least two direct debits or standing orders.
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