HSBC and Nationwide shut down switching offers in December, too.Ĭustomers who decide to move accounts will do so for a variety of reasons. Santander ended this incentive after just two weeks. A good example is the Santander £200 free cash offer which ended recently.’ Switching offers don’t tend to stay around for long.
Ms Springall says: ‘All of these options are worth exploring in- depth before starting the switching process – the right account depends on someone’s individual circumstances. First Direct is offering £175 for those who switch and TSB will pay £125 with a Spend & Save account which also pays £5 cashback monthly. NatWest’s sister banks, RBS and Ulster, have similar offers.
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