![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/martin-lewis-fan-explains-how-they-made-free-800-from-high-street-banks/&media=https://uknews.evprotec.com/wp-content/uploads/2023/07/0_Lorraine-TV-show-London-UK-25-May-2023.jpg&description=Many high street lenders are currently offering cash 'bank bribes' to entice new customers - at the moment, you can earn up to £200 just for one switch A fan of Martin Lewis has explained how she made £800 in just five months by switching bank accounts. Many high street lenders are currently offering cash 'bank bribes' to entice new customers - at the moment, you can earn up to £200. You often have to be a new customer, and there is usually eligibility criteria that you have to meet, in order to get a switch bonus. For example, you may need to have a certain number of direct debits, or pay in a set amount of money each month. But if you're not happy with your bank, taking advantage of sign on incentives can be an easy way to pick up a bit of extra money. MoneySavingExpert.com reader Meghan explained how she made multiple switches this year to net an impressive £800. She told MSE: "Thanks for the constant reminders on sign-up bonuses. 'Created a dummy account and have successfully switched four times since February and bagged over £800! Helped a ton." TSB this week launched a new £200 switch offer for customers opening a Spend & Save or Spend & Save Plus account. Customers will get £125 by September 30, 2023, if they move to TSB before August 31, 2023. They will also need to set up at least two direct debits, use their debit card at least once and log into the TSB Mobile Banking app to get the first instalment. A further £75 will then be awarded by March 31, 2024, if each month they pay in at least £500, make five debit card payments and have two direct debits. Those who have received a switch offer from TSB since October 1, 2022, won't be eligible for this £200 offer. NatWest, Ulster and Royal Bank of Scotland are offering £200 to new customers - and you could also earn £36 a year cashback. You can get the switch money when you change your current account to one of several NatWest, RBS or Ulster accounts. To get the additional £36 a year cashback, you would need to){kind=link}
Many high street lenders are currently offering cash “bank bribes” to entice new customers – at the moment, you can earn up to £200 just for one switch
A fan of Martin Lewis has explained how she made £800 in just five months by switching bank accounts.
Many high street lenders are currently offering cash “bank bribes” to entice new customers – at the moment, you can earn up to £200.
You often have to be a new customer, and there is usually eligibility criteria that you have to meet, in order to get a switch bonus.
For example, you may need to have a certain number of direct debits, or pay in a set amount of money each month.