Lloyds Bank unveils a fresh £185 promotion for account switchers. The offer applies to those transitioning to a Club Lloyds account from July 1 to July 28, 2025.
Upon switching, a minimum of three direct debits must be set up. The £185 incentive will be deposited within 10 working days post-switch completion.
Those who have previously received switch rewards from Lloyds, Bank of Scotland, or Halifax since April 2020 are not eligible for this offer.
Club Lloyds is a bundled bank account that provides additional benefits, including an annual complimentary perk. Options include a Disney+ subscription, six cinema tickets, a magazine subscription, or a 25% discount on select food and beverage brands.
In a bid to promote their latest switching deals and savings products, the Mirror has introduced a dedicated Money WhatsApp community. Subscribers receive up-to-date banking guidance and money-saving tips directly on their mobile devices.
To join this community, simply click on the provided link, select ‘Join Chat,’ and gain access. Special offers and promotions from the Reach group and partners are also shared with community members.
Club Lloyds Monthly Saver offers a 6.25% gross/AER on savings up to £400 per month, along with up to 15% cashback at specific retailers. A £5 monthly fee applies, which can be waived by depositing a minimum of £2,000 each month.
Nationwide is offering £200 to existing customers who switch to the Nationwide FlexDirect account, provided they had an account, savings account, or mortgage with the society on or before March 31, 2025.
FlexDirect features a 5% AER on balances up to £1,500 for the initial 12 months, plus 1% cashback on debit card transactions, capped at £5 monthly.
Santander has introduced a £180 switch bonus for new and current customers migrating to its Everyday, Edge, Edge Up, or Private current accounts. New account holders must deposit a minimum of £1,500 within 60 days of the switch request and establish at least two direct debits within the same period.
First Direct is offering a £175 incentive for switching to its current account. To qualify, customers need to deposit at least £1,000, set up two Direct Debits or standing orders, log into digital banking, and make five debit card transactions within specified timeframes.