Martin Lewis says bank trick could make you £175

dailyrecord.co.uk:

Navigating the financial landscape to make the most profitable decisions can often feel like a daunting task. With a plethora of account types including current accounts, savings and ISAs, it's challenging to discern the best choice for your individual needs.Consequently, many of us fall into the trap of letting our money stagnate in the same accounts for years on end.

While this may seem like the path of least resistance, it can be financially beneficial to keep your cash fluid and moving.Certain banks frequently offer cash incentives to attract new customers, so it's worth keeping an eye out for these enticing deals when they surface.Money Saving Expert (MSE), the financial advice platform founded by Martin Lewis, has encouraged people to take advantage of one such "hassle free" payout currently available.

In its most recent update, MSE shed more light on a "cracking deal" with First Direct, a retail banking division of HSBC, reports the Express.

With this enticing offer, First Direct is gifting new customers who switch to them a £175 bonus. Additionally, this account provides zero interest on the first £250 of any overdraft you have - making it an ideal choice if you frequently find yourself overdrawn."The bank switch market has been lacklustre for some time, but now with the return of First Direct's 1st Account's free cash switch bonus, we can finally say there's a cracking deal on the table," stated MSE.MoneySavingExpert.com has highlighted a lucrative offer for those looking to switch their current account. "New customers who switch a current account to First Direct's 1st Account will be paid a £175 bonus.