good news for savers who can now get £125 for free by switching their bank account to First Direct or HSBC. The consumer champion has highlighted the two switching incentives in this weeks MoneySavingExpert.com newsletter, both of which have the biggest pay offs - though the deals have some strings attached.
He said: "The bank switch war has reignited - now three banks pay you to switch. Top service bank First Direct, and its sister bank HSBC, both offer switchers £125, while Virgin Money offers wine." One of the banks is First Direct, who will pay you £125 if you sign up and pay £1,000 into your current account within three months.
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