There’s a free £100 up for grabs for anyone – and it doesn’t take much effort.
All you have to do is switch your bank account with the Halifax reward account now offering £100 if you switch to it.
It’s fee-free if you pay in £1,500+ a month but you will be charged £3 month if you don’t.
As well as the switching bonus, you can also choose one of the following rewards each year:
- £5/mth cash
- Three monthly digital magazine subscriptions (eg, Cosmo, Esquire )
- Two Rakuten online movie rentals a month
- One Vue cinema ticket and a voucher for half-price popcorn a month
You can’t currently have a Halifax current account and can’t have had a switching bonus from it since April 2018.
Martin said: “However, to get your monthly reward, you need to pay in your £1,500/mth and stay in credit, plus spend £500/mth on your debit card OR keep a balance of £5,000+ in the account (it doesn’t earn interest).
“You need to specify in advance which of these conditions you’ll meet, and can only change it once a year.”
Martin and his team also revealed another switching bonus from Metro bank.
He said : “If you know someone with a Metro Bank current account, they can refer you. Then, if you switch to Metro Bank and meet the offer criteria, you’ll both receive £50.
“If you’ve a Metro Bank account already, you can refer friends yourself, and earn up to £250.
“The referrer first needs to complete Metro Bank’s referral registration form. It will then send an email with a unique code which can be passed on to a friend. The friend then needs to register for the offer, apply for an account and complete their switch within 30 days.
“In addition, the friend needs to pay in at least £500 for both of the first two months, make at least 10 purchases (for any amount) on their debit card within the same two months and log in to online/mobile banking within one month. The £50 will be paid into both accounts within 30 days of this criteria being met.”
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