You could get up to £200 for switching current accounts

Customers are being offered up to £200 to switch current accounts – just in time for Christmas.

Nationwide building society is making the £200 offer while TSB is paying £180 to entice customers to move to them.

To get the £200, you need to switch from a non-Nationwide current account to its FlexDirect, FlexPlus or FlexAccount and set up two active direct debits.

The cash will then be paid within ten days.

FlexDirect customers who pay in £1,000 a month will also get 5 per cent interest for a year on balances up to £1,500.

Some may also qualify for a 12-month interest-free overdraft.

TSB is offering £180 to switch to its Spend & Save account, paid in two stages.

You’ll get £125 after setting up two or more direct debits.

This should be paid before December 16, depending on when you open the account.

You’ll get the remaining £55 after using your debit card five times and paying £500 into the account.

This post first appeared on thesun.co.uk

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