Martin Lewis breaks down his 'top pick' bank switching deal as cash bonuses are increased
Martin Lewis regularly advises savers to switch bank accounts to take advantage of the best deals but the Money Saving Expert acknowledged coronavirus may have made this difficult. Martin explained banks pulled back their switching offers as the pandemic raged on but generous deals are returning.
Martin detailed: “During the pandemic we did not see many bank switching offers.
“Not many of the bribes are being consistent in terms of trying to get you to switch, but they’ve started to turn the tap on again and there’s a good number available right now.
“So if you’ve been sitting on your hands thinking, ‘I don’t really like my bank’, this is time to stop pitching and start switching.”
Martin explained now is the “perfect moment” to switch as banks are now willing to pay customers and they’ve “actually upped the amount that they’re willing to pay.”
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