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Featured - ISA allowance
What is the 2024/25 ISA allowance?A new tax-year means a refreshed ISA allowance to allocate. Find out more about the 2024/25 ISA allowance...
Savings
ISAs
Mortgages
Buy to let
Specialist mortgages
Featured - Debt and your credit score
How debt impacts your credit scoreA healthy credit score has its benefits, so make sure you manage your debt correctly.
Loans
Featured - travel insurance
Travel insurance 2024Discover the best travel insurance policy for your next trip.
Home & vehicle
Health & travel
Featured - High interest current accounts
Find current accounts offering in-credit interest rates up to 5.00% AER.
Current accounts
Featured - Purchase Cards
Best purchase credit cardsExplore the best cards with a 0% introductory period.
Credit cards
Credit repair
Calculators & guides
Featured - The triple lock explained
Could the value of your state pension rise by more than inflation?
Retirement
Business savings
Business products
Business insurance
How much can I give as a cash gift?
How much can I give as a cash gift?Will your loved one's gift be tax affected?
Categories
Featured guides
Popular news
Latest news - by category
Other money & finance news
Featured Star Ratings categories
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Offer can be used in addition to HSBC’s deal which provides six months’ cashback on its insurance products.
Customers looking to switch current accounts to HSBC’s Advance or Premier current account can make use of a £170 switching incentive with immediate effect.
The incentive is meant to help consumers challenged by the cost of living crisis, according to Tom Wolfenden, HSBC UK’s Head of Retail.
“While cutting back on everyday and occasional spending or cancelling any unwanted or unused subscriptions could help, taking note of the wide range of offers that could provide discounts, or even cash, could make your money go further or go a little way to reducing the impact of the increase in the cost of living,” he said.
The switching incentive will run alongside HSBC’s current deal which provides six months’ cashback on the bank’s ‘mix and match’ insurance offer, Select and Cover. The value of this cashback is worth an additional £117.
Providing cash for switching current accounts is not an unusual incentive.
Until the close of business today, Halifax is offering switchers £125 for switching to their Rewards Current Account.
In addition to this, first direct is offering customers £150 for switching to its 1st Account. However, this cash incentive is only valid if the consumer is credited with at least £1,000 in the first three months of account opening.
Finally, Nationwide BS also provides a switching cash incentive for those moving or holding a Flex Account. New accounts will earn £100 while existing account holders can make use of a £125 incentive.
Providing a cash incentive for using the Current Account Switch Service (CASS) is not the only marketing tool some providers use.
Virgin Money, on the other hand, will provide its customers with 20,000 Virgin points for switching to its Club M Account. These points can be redeemed on flights, holidays and other Virgin products.
In order to earn these points, current account switchers must use the CASS system, set up two direct debits each month, register for the mobile app, and then deposit a minimum of £1,000 into its savings account
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Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfactscompare.co.uk will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.
From interest-free overdrafts to exclusive discounts and vouchers on rail travel, food and more, student accounts from NatWest, Santander and other major banks are offering a range of perks.
From interest-free overdrafts to exclusive discounts and vouchers on rail travel, food and more, student current accounts can offer a range of perks.
Its Everyday Extra packaged account also includes breakdown cover, travel and mobile phone insurance.
Its Everyday Extra packaged account also includes breakdown cover, travel and mobile phone insurance.
The Financial Conduct Authority is set to extend Consumer Duty rules to closed products and services from the end of this month, but savers shouldn’t be complacent.
The FCA is set to extend Consumer Duty rules to closed products and services from the end of this month, but savers shouldn’t be complacent.
From interest-free overdrafts to exclusive discounts and vouchers on rail travel, food and more, student accounts from NatWest, Santander and other major banks are offering a range of perks.
From interest-free overdrafts to exclusive discounts and vouchers on rail travel, food and more, student current accounts can offer a range of perks.
Its Everyday Extra packaged account also includes breakdown cover, travel and mobile phone insurance.
Its Everyday Extra packaged account also includes breakdown cover, travel and mobile phone insurance.
The Financial Conduct Authority is set to extend Consumer Duty rules to closed products and services from the end of this month, but savers shouldn’t be complacent.
The FCA is set to extend Consumer Duty rules to closed products and services from the end of this month, but savers shouldn’t be complacent.
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Moneyfactscompare.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfactscompare.co.uk will always be from news@moneyfacts-news.co.uk. Be ScamSmart.
Moneyfactscompare.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfactscompare.co.uk will always be from news@moneyfacts-news.co.uk. Be ScamSmart.
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