News First Direct handing customers free £175 payments 'within 45 days' You have to make a number of transactions to be eligible for the payment, the banking giant has explained.

First Direct is offering the extra cash when customers make the switch to set up a 1st Account current account with them. The terms specify there are several tasks you must complete "within 45 ...

The account costs £2 a month, but customers can earn £5 cashback monthly by paying in at least £1,250, setting up two Direct Debits, and logging into the app, netting £36 a year after fees.

First Direct has revealed the key dates and detailed the specific requirements for customers to receive the £175 bonus when switching to a 1st Account current account. Those interested in ...