9 September: Online Bank Offering £175 Welcome Bonus To New Customers
first direct, has re-launched its long standing switch incentive, offering new customers a welcome bonus of £175 for making a full switch to its 1st current account, writes Bethany Garner.
The offer is only available to customers who have not opened a current account with either first direct or HSBC, its parent company, since 1 January 2018.
To receive the bonus, costumers must make a full switch under the Current Account Switch Service (CASS). They must also credit the new account with at least £1,000, log into mobile banking and use their debit card five times – all within 30 days of opening.
The same switch incentive had been previously withdrawn by the bank on 31 July.
first direct joins TSB as one of just two banking providers currently offering a switch incentive to dump their existing current account provider.
TSB’s welcome bonus is lower at £100 to make a full switch to its Spend & Save current account. However, the bank is also offering an additional £15 monthly…
