The Money Saving Expert says you can get more than £500 with one change
Martin Lewis has urged customers banking with firms like Halifax, Natwest and Lloyds that they could be £565 a year better off by switching to 'top pick' Santander.
Switching has never been more simple, either, with banks opting in to a simple switch system which transfers direct debits and standing orders automatically, meaning you don't have to contact everyone you pay bills to to change everything over.
"That's the real standout here, the Santander Edge account. Now with that account you pay £3 a month and you get two sets of cashback, both up to a maximum £10 each. "Now when you do some numbers on this, that will give you around £80 to £100 a year after the fees. You also get access to its 7% variable savings up to £4,000. Max that out and it's £280 interest.
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