In a bid to attract new customers, First Direct has launched a promotional offer that promises £175 in cash, along with an additional £50 Amazon voucher. The deal is designed to reward those who switch their banking to First Direct’s 1st Account, making it one of the most attractive switching offers in the market right now. But there’s more to this deal than just the cash, customers can also benefit from a range of banking features that make this an appealing choice for anyone looking to change their current account.
As reported by Express.co.uk, new customers who sign up to First Direct’s 1st Account through the Current Account Switch Service can unlock £175, as well as a £50 Amazon voucher when they apply through Money Saving Expert (MSE) by February 15. The process is straightforward, and it offers an excellent way to boost your finances with minimal effort.
How the First Direct Switching Offer Works
The basics of the offer are simple: if you switch to First Direct’s 1st Account, you can secure a £175 cash bonus. This bonus is awarded once you meet the criteria, which include switching at least two Direct Debits or standing orders, depositing £1,000, and making five debit card payments within the first 45 days of opening the account. As part of the switching process, First Direct helps you handle the transfer from your previous bank with minimal hassle.
First Direct said:
“Switching your everyday banking to your new first direct account is easy. Once your first direct account is open, simply log into your first direct app, select the account you wish to transfer into, tap ‘switch to us’ from your account menu and follow the instructions. We will ask you for your account details, existing account details and preferred switching date.
“Once we’ve received your switch request and your current account is open, we’ll let your old bank know you’re moving. We set up all your regular payments on your new first direct 1st Account. We tell all your Direct Debit originators you’ve moved banks and give them your new details, including your employer so your salary can be redirected. There’s nothing at all for you to do, no calls or anything.”
This customer-first approach simplifies the switching process, offering a seamless transition with no extra paperwork or calls needed. The best part? You’ll also be able to take advantage of a £250 interest-free overdraft and no fees when using your First Direct debit card abroad, ideal for frequent travellers. In addition, the account grants access to a high-interest savings account, offering 7% AER/gross on a Regular Saver account.
Maximise Your Bonuses with MSE’s Link
If you’re looking to maximise the benefits of this promotion, applying through MSE’s link by February 15 is key. Those who follow this route can claim a £50 Amazon voucher, adding even more value to the offer. MSE noted: “Newbies applying for the account via our links by 15 Feb can also claim a £50 Amazon voucher, which you don’t need to switch to get but you can stack both bonuses.
“You’ll be sent an email from Giftcloud within 75 days of the account opening with details on how to claim the voucher, which must be done within 90 days of getting the email. (Note: enable cookies and avoid using Safari as your browser for the offer to track). Put all this together and it’s a top all-round account.”
So, by acting quickly and applying through MSE, you could receive £225 in total—£175 in cash and a £50 Amazon voucher, just by making a simple switch.
The Perfect Time to Switch
With First Direct’s long-standing reputation for excellent customer service, it’s no surprise that many new customers are flocking to take advantage of this offer. Recently, MSE reported that First Direct has been near the top in every banking poll, earning a stellar 92% satisfaction rating. For those looking for a reliable and rewarding account, this promotion makes the switch even more tempting.
However, it’s important to note that this offer is only available to new customers who haven’t previously held a First Direct product. Additionally, it’s not open to anyone who has opened an HSBC account since January 1, 2018, as HSBC owns First Direct.
