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'Switching' to First Direct for £125 and 6%

Can I 'switch' to first direct by creating two standing orders for £1 between my Barclays and Natwest current accounts for them to transfer and opening a Everyday e-Saver Account with £1 to avoid moving £1000 in and out every month?

Seems too good to be true so I thought I would check.
Graduated 16 July 2013 with First Class Honours :j
House Deposit: £6,493.10 - Cashback Total: £447.67
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