how you can make 500 pounds for free

Here's how you can make 500£ for free by switching bank accounts

the2introverts - September 23

I recently discovered a way to earn some extra cash just by switching an existing current account to a different bank in the UK. Many banks offer rewards or cash for switching, and I was surprised to find out how easy it was to earn money this way. Here's how you can make 500£ from the comfort of your home:

Firstly, switch your non-RBS account to an RBS account online using Current Account Switch Service (CASS) and receive *200£ free cash within 7 days of meeting the eligibility criteria. After that, switch from RBS to First Direct Bank which is currently providing a lucrative 7% interest rate on savings and receive *175£ free cash.

Now, You can receive *125£ after opening an account with the cooperative bank and making a switch through a refer-a-friend switch offer. The referrer also received 125£ free cash for referring. You could refer to your friends and family and earn 125£ each time they open an account and meet eligibility criteria, there's no limit on the number of friends you refer.

In total, that's 500£ free cash for switching bank accounts.

*Eligibility criteria apply

Click here to know the eligibility criteria for the 200£ offer for switching to RBS.

Click here to learn more about referring a friend switch offer from the cooperative bank.

Click here to learn more about First Direct’s switch offer.

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