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UK households at six big banks could wake up to FREE cash for switching their bank account. Nationwide, NatWest, Lloyds, the Co-op Bank and more are paying customers to switch their custom amid the Cost of Living crisis.
Nationwide, the Uk's biggest building society, has a £175 bonus for customers who complete a full switch through the Current Account Switch Service (CASS). New joiners can move to one of three accounts: FlexPlus, FlexDirect or FlexAccount.
The FlexDirect account offers 5% AER interest on balances up to £1,500 for the first 12 months and 1% cashback on debit card spending capped at £5 per month.
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Tom Riley, Nationwide’s Director of Group Retail Products, said: “It's never been more rewarding t