IF YOU'RE looking for a bit of extra money in time for Christmas, current account providers have been launching new cash-to-switch offers recently, which could be very handy.
Rachel Springall, a finance expert at Moneyfactscompare.co.uk, says there are some "enticing perks" to weigh up.
She adds: "Consumers could pick an account that offers cashback on spending, high-credit interest or a competitive overdraft tariff." Among the cash on offer, Lloyds Bank is paying £200 for eligible new and existing customers switching to a Club Lloyds account until December 10 2024.
Finar Rache Nationwide Building Society and First Direct have also been running offers of £175 to switch.
And the Co-operative Bank has launched a "switch and stay" offer.
This means eligible switchers can get up to £150 - made up of £75 when they complete a switch to the bank - and a further £25 per month for three months after that.
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