Customers will get a free £200 for switching banks if they hurry
HSBC is offering anyone who switches to its Advance Account a tidy £200 sum, but time is running out. Savvy bank customers have just hours to take advantage of the generous switching offer.The two key things to do is start the switch within 30 days of first applying and make sure you move over two direct debits or standing orders, as reported by The Mirror.
The service transfers payment mandates like direct debits and your salary over to your new HSBC account. Any payments will also be automatically redirected to the new account. NatWest is offering switchers £200, although you can't get the bonus if you made a switch from NatWest, RBS or Ulster since October 2017.
It should be noted that there is a £3 monthly fee with Lloyds to maintain these accounts unless you deposit £2,000 or more in each month. Customers will also get access to a regular saver account which offers 6.25% interest.
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