The Money Saving Expert has revealed how people can get a bonus of £100 on their savings, but customers only have a limited time to take advantage of the offer
Martin Lewis has revealed a way to add an extra £100 to your savings, but time is running out to take advantage of this tip. The recent MoneySavingExpert.com newsletter shared a money-making hack for those with larger savings pots of over £10,000.
To secure the bonus, MSE advises people to open a new account with Hargreaves Lansdown, deposit £10,000 within the first 60 days, and then keep it there for six months. After this period, you will receive the £100 cashback.However, it's crucial to note that this is an "MSE blag" and is only available to those who open an account through the link in the recent MSE newsletter.
MSE commented: "While it misses the very top picks, if you put exactly £10,000 in, the bonus effectively adds 1% over a year. As its current top easy-access savings is 4.72% and one-year fix is over 5%, add one percentage point to those and they smash the best buys." Regular savers can earn even higher returns, although such accounts frequently come with monthly deposit ceilings.
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