Free cash for opening account without switching

thetrooper666

Hello,
I'd like to open a new bank account, so I can keep some of my finances separate from the rest.  I currently have a Club Lloyds account which I'm happy with.
Are there any banks or banking apps that offer introductory cash just for opening an account, without the need for switching and closing my Lloyds account?  Everything I've seen, seems to be a switching offer.
Thanks
Mark

wmb194

thetrooper666 said:

Hello,
I'd like to open a new bank account, so I can keep some of my finances separate from the rest.  I currently have a Club Lloyds account which I'm happy with.
Are there any banks or banking apps that offer introductory cash just for opening an account, without the need for switching and closing my Lloyds account?  Everything I've seen, seems to be a switching offer.
Thanks
Mark

There are a few via TopCashback e.g., TSB £40, FirstDirect £40, Kroo £16, Santander £25.

grumbler

I think HSBC offer was for opening. Has it ended?

MrFrugalFever

HSBC ended on the 6th November IIRC, just what is available via TopCashBack or the likes as mentioned above from what I can work out.

Katiehound

wmb194 said:

thetrooper666 said:

Hello,
I'd like to open a new bank account, so I can keep some of my finances separate from the rest.  I currently have a Club Lloyds account which I'm happy with.
Are there any banks or banking apps that offer introductory cash just for opening an account, without the need for switching and closing my Lloyds account?  Everything I've seen, seems to be a switching offer.
Thanks
Mark

There are a few via TopCashback e.g., TSB £40, FirstDirect £40, Kroo £16, Santander £25.

But of course be aware that TCB may not pay out.
 I remember I had  a payout due from an insurance purchase but they declined to pay!

wmb194

Katiehound said:

wmb194 said:

thetrooper666 said:

Hello,
I'd like to open a new bank account, so I can keep some of my finances separate from the rest.  I currently have a Club Lloyds account which I'm happy with.
Are there any banks or banking apps that offer introductory cash just for opening an account, without the need for switching and closing my Lloyds account?  Everything I've seen, seems to be a switching offer.
Thanks
Mark

There are a few via TopCashback e.g., TSB £40, FirstDirect £40, Kroo £16, Santander £25.

But of course be aware that TCB may not pay out.
 I remember I had  a payout due from an insurance purchase but they declined to pay!

It's always a risk but if you meet the terms I've found that it's rare not to be paid. Earlier this year I did the £180 &me investment cashback offer and had to put in a claim as it didn't track. It's taken a few months but apparently &me has confirmed that it will pay me and now I just have to wait... IIRC there have been complaints of people not being paid when switching direct with TSB and Co-op so nothing's guaranteed.

xylophone

You could open a second standard account with Lloyds and switch that in due course?

prettyandfluffy

Just keep an eye on the MSE weekly newsletter, as soon as a new offer comes up it will be included in it.

ircE

One that always gets forgotten is Triodos Bank, who offer up to £60 in shopping credit with one of three retailers. You can also choose to donate some or all of this to one of three selected charity partners.

However you need to sign up through a referral, a link is easily findable online.

thetrooper666

Thank you everyone for your comments.  The FD £40 cashback offer through TCB is also a switch offer only.  The TSB one seems quite a bit of faff for only £40, so for now I think I'll just open another Lloyds account, as I have the app all set up etc and I'll then just keep an eye on MSE newsletter for bigger offers in the future.  Thank again

Largs

I tried the First Direct one through Quidco, £49.50, you press get cashback and it takes you to First Direct, you enter your name, telephone number and email and then the next page tells you to apply on their APP via mobile phone.  I am hoping this does not prevent Quidco from tracking/paying.