SMART SAVINGS: First Direct's limited-time account offer could deliver cashback plus a year of top-rate interest (Image: E+/ Getty) Bank customers are being encouraged to check whether they could benefit from a current account switching deal that could be worth more than £300. Several banks regularly launch switching incentives to attract new customers, offering a one-time cash bonus to those willing to transfer their existing current account. These deals are usually available for a limited time and come with specific eligibility requirements. One such offer is currently being run by First Direct, which is paying £175 to customers who switch their current account to its 1st Account.

Source: Daily Mirror January 07, 2026 08:34 UTC