Switch and Earn: How to Get Paid for Switching Banks
Are you tired of feeling stuck with your current bank? Did you know that you can earn money just by switching to a new bank? It’s true! With the Current Account Switch Service (CASS), switching banks is easier than ever, and many banks are offering incentives to attract new customers.
The Art of Switching
Meet Simon, a savvy saver who has mastered the art of switching banks. By taking advantage of bank switching offers, Simon and his wife have earned a whopping £3,000 in just one year. They used this money to fund a week-long family holiday to Rome, and they credit the MoneySavingExpert team for their savvy saving.
How to Switch and Earn
So, how did Simon do it? By switching banks multiple times, Simon and his wife were able to take advantage of various bank switching offers. They used the Current Account Switch Service (CASS) to make the process easy and hassle-free.
Bank Switching Offers
There are many bank switching offers available right now. For example, TSB is offering up to £100 upfront, plus £10 a month in cashback for six months. Santander is offering £175 to new customers who switch to their Edge current account. First Direct is offering £175 to new customers who switch to their 1staccount. And Lloyds is offering £175 plus other perks to new customers who switch to one of their current accounts.
How to Get Started
So, how can you start earning money by switching banks? First, research the different bank switching offers available. Choose the one that best suits your needs, and apply for the new account. Once you’ve been approved, use the Current Account Switch Service (CASS) to switch your old account to the new one. It’s that easy!
Tips and Tricks
Here are a few tips and tricks to keep in mind when switching banks:
- Make sure you meet the requirements for the bank switching offer.
- Use the Current Account Switch Service (CASS) to make the switching process easy and hassle-free.
- Consider what other perks might come with joining a specific bank or building society.
- Don’t forget to transfer any old bank statements to your new account.
Conclusion
Switching banks can be a great way to earn some extra money. By taking advantage of bank switching offers, you can earn hundreds of pounds just by switching to a new bank. So, what are you waiting for? Start researching and switching today!
Switching banks can be a great way to earn some extra money.
The Santander Edge account is one of the many bank switching offers available.
First Direct is offering £175 to new customers who switch to their 1staccount.
Lloyds is offering £175 plus other perks to new customers who switch to one of their current accounts.
