![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/ive-made-1000-from-banks-in-six-months-and-im-on-track-to-make-another-500/&media=https://uknews.evprotec.com/wp-content/uploads/2023/08/TOB-op-consumer-v2.jpg&description=Exclusive CASH BOOST Published : 8:58, 16 Aug 2023 FINANCIAL wizz Alex Welford has already bagged himself £1,000 in free cash from banks this year. Alongside his day job as a software engineer, the 24-year-old has his own TikTok account @mrcashsmart where he shares money tips with over 19,000 followers. 1 Alex Welford has earned himself almost £800 in free cash since March He's also detailing his journey towards having £1million invested in stocks, shares and pension pots. And in one recent video, he revealed how he earned himself £775 in free money from March, just from making bank switches. Since the video went out he's earned a further £200. Banks and building societies regularly offer switching incentives to ensnare new customers and they're a quick way of making extra cash. Bear in mind though there's usually criteria involved in receiving the free cash and not everyone can get it. For example, you might have to stay with a bank for a certain period after switching in order to receive the cash incentive. Alex switched from his Starling account to RBS in March, earning himself £200, then from RBS to First Direct that same month, bagging £175. In April, he switched from a separate account with Chase to Halifax and received £200. Two months later, he moved across from that bank to NatWest and received a £200 switching bonus. In July, he switched from NatWest to HSBC and earned £200. He's also waiting on £200 after starting a switch from First Direct to Ulster Bank and can still take up TSB's £200 offer and Co-op's £125 referral offer - worth over £500 in total. The switches took Alex just minutes and the extra cash has allowed him to head to Glastonbury and Rome this summer without having to dip into his investments. He told The Sun: "For me to say that I've spent half an hour for £200 is a £400 hourly rate. "There aren't hundreds of millions of switching offers, but for the time you are putting in and the rewards it feels like a no-brainer." Alex's top tips While){kind=link}
FINANCIAL wizz Alex Welford has already bagged himself £1,000 in free cash from banks this year.
Alongside his day job as a software engineer, the 24-year-old has his own TikTok account @mrcashsmart where he shares money tips with over 19,000 followers.
He’s also detailing his journey towards having £1million invested in stocks, shares and pension pots.
And in one recent video, he revealed how he earned himself £775 in free money from March, just from making bank switches.
Since the video went out he’s earned a further £200.