The Martin Lewis Podcast Top Children's Savings | Urgent free cash bank switching | Best ever blags
Dec 5, 2024
Discover how banks will pay you to switch accounts, making your finances work smarter for you. Learn the best savings options for children, from junior ISAs to trust funds, and how parents can maximize these opportunities. Enjoy humorous insights on minors' taxes and clever tactics for getting freebies, showcasing the fun side of financial planning. Discover the art of negotiation and how to snag upgrades in everyday situations, while also diving into the importance of teaching kids about saving and budgeting for the future.
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Bank Switching Advice
- Switch to First Direct for a £175 bonus, a 7% linked regular saver, and great customer service.
- Consider NatWest Reward for a total of £216 but be aware of the monthly fee.
Joint Account Switching
- Switch joint accounts for bonuses, but you won't get double the cash.
- Set up a "mule" account to maximize switching bonuses.
Paris Trip with Bank Bonuses
- One engineer and his wife funded a trip to Paris using bank switching bonuses.
- A community actively seeks new switching bonuses for extra income.