Martin Lewis recommends four banks which offer up to £200 for switching

Martin Lewis and his MoneySavingExpert team have provided a list of banks providing special cash offers for those who switch accounts.

Customers can make use of services such as the Current Account Switch Service which makes it easier and quicker to switch accounts. CASS pledges to completely switch an account within seven working days and sorts out things such as incoming and outgoing payments, transferring balances, and closing old accounts, Wales Online reports.

Nationwide FlexDirect New customers can switch to Nationwide's FlexDirect account and get a £200 bonus without needing to meet a minimum pay-in threshold. MSE reports: "A regular savings account paying 8% interest on up to £200/month, a year's 0% overdraft on up to £1,500 and, if you pay in £1,000+/month, the current account pays 5% interest on up to £1,500 for a year.

Lloyds Bank Club Lloyds New Club Lloyds customers will get £175 cash alongside the choice of 12 months of Disney+, six cinema tickets, a Coffee Club & Gourmet Society membership or a magazine subscription. However, there is a £3 a month fee unless you pay £2,000 or more a month into the account.

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