Can you make £500 switching bank?
4/30/202647 min
Martin Lewis brings you everything you need to know about bank account switching, including which banks are willing to pay you money to do so.
Martin also takes you through the need-to-knows about Pension Credits, whether you can claim them and how to claim. The Mastermind question this week is also on pensions.
And there is also a huge win from our Question Time podcast. If you want to ask Martin a question, you now can! His Question Time podcast lets you ask Martin absolutely anything and everything (within reason!) – so if you’ve always wanted to know his favourite ice cream flavour, if he’s ever pondered the meaning of life, or have a very complicated question about your personal finances, email it to MartinLewisPodcast@bbc.co.uk.
Clips
Transcript preview
First 90 secondsMartin Lewis· Host0:00
[upbeat music] It's absolutely crucial people know if they're eligible or not. So this is my rough rule of thumb. I've never had a BAFTA before. I'm very excited that I'm going to go and pick up my BAFTA. There's probably the richest selection of bank account switching bonuses I remember. I am not gonna dot my I's and cross my T's on this 'cause frankly it makes boring listening. Hello, I'm Martin Lewis, and this is the cunningly named The Martin Lewis Podcast. I did wonder what that's gonna be about. And this is our big topic episode where each week we lead on one main subject to help you save. Now usually, most of it comes from my BBC Radio 5 Live show with Adrian Chiles, but not this week. This week, Adrian and I have done a pod-only special just for you. So I'm gonna tell you what's in the pod once I'm with Adrian. Play the theme tune.
Speaker 10:47
[upbeat music] I got bills I gotta pay. So I'm gonna work, work, work every day. I got mouths I gotta feed. I got mouths I gotta feed. So I'm gonna make sure everybody eats.
Adrian Chiles· Host1:05
Okay, Martin, what have you got for us?
Martin Lewis· Host1:09
Oh, we've got lots to talk about today, Adrian. We're gonna be talking the big subject, though. There are currently eight bank accounts that will pay you to switch, up to £500 to switch. So my big question to anyone, unless you love your bank, unless it smiles at you in a beautiful, rather sexy way and gives you a back massage, why don't you get paid to go elsewhere?