If you qualify, this is a quick and easy way to earn £175. Applying for an account on their app takes minutes. Just make sure you've never had a First Direct account before or you won't qualify.
£175
Summary
Get £175 just by switching banks. It takes just minutes to apply for the First Direct account, so this could be some of the easiest money you can earn.
Eligibility Criteria:
- New customers only, who have never held a first direct product before.
- You must not have opened an HSBC current account on or after 1 January 2018.
- Must switch using the Current Account Switch Service, and switch from an account with at least 2 direct debits or standing orders.
- To be eligible for the offer, within 45 days of opening an account:
- Pay in at least £1,000.
- Log on to digital banking.
- Make 5+ debit card payments.
Always check the current eligibility criteria on the bank's website prior to starting the offer.
Step By Step Guide
Step 1:
Check your are eligibile
- New customers only, who have never held a first direct product before.
- You must not have opened an HSBC current account on or after 1 January 2018.
Step 2:
Open an account and complete the requirements.
- Open a "1st Account" with First Direct.
- Switch an account with at least 2 direct debits or standing orders, using the Current Account Switch Service.
- Within 45 days of opening an account.
- Pay in at least £1,000.
- Log on to digital banking.
- Make 5+ debit card payments.
Step 3:
Receive your £175
You’ll get the money by the 20th of the following month in which all criteria have been met.
FAQs
What are the downsides of this bank switch offer?
Switching banks frequently can impact your credit score. Each new account comes with a credit check, and frequent switching could make lenders think you’re a bit less stable. It’s worth knowing, just so there are no surprises down the line when you’re applying for credit.
Still have questions?
Please e-mail us at info@verifiedhustles.com, or use the comments section below.