UK Bank Offers £175 Cash Bonus to New Customers

The ongoing cost of living crisis has left many individuals seeking ways to save money amidst financial uncertainties. In response to this, First Direct, a prominent UK bank, has introduced a lucrative offer for new customers - a cash bonus of £175.

To qualify for this enticing bonus, individuals are required to deposit a minimum of £1,000 within 30 days of opening the account and maintain this balance for at least 24 hours. Additionally, customers must arrange for the transfer of two or more direct debits or standing orders and activate online or mobile banking services.

The £175 bonus is scheduled to be credited before May 20. However, it’s important to note that individuals who have previously held an account with First Direct or opened a current account with their affiliated bank, HSBC, since January 1, 2018, are ineligible for this promotion.

This offer comes at a crucial time, with Martin Lewis, the renowned founder of Money Saving Expert, highlighting the significance of such banking incentives, especially given the prevailing economic conditions.

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