Cash Chats UK Money & Personal Finance podcast 467 | Banking update with new £175 switch, our top Amex for 2025 & more
May 6, 2025
Discover the latest banking incentives, including a sweet £175 switch deal that could boost your finances. Dive into the importance of checking your energy credits and reclaiming excess balances. Learn how to navigate mobile service plans for better savings. Plus, get insider tips on maximizing your American Express benefits for 2025, including the best cards to consider. This engaging discussion offers essential insights to help you make the most of your money!
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Maximize Cooperative Bank Switch Deal
- To earn £175 from Cooperative Bank's switching deal, complete specific actions like switching with £1,000 deposit, using debit card 10 times, setting up direct debits, and adding card to digital wallet.
- Maintain monthly transactions and direct debits for three months for additional £75, with deposits not needing to stay in account.
Claim Excess Energy Credit
- Check your energy account now for excess credit, especially after winter when usage drops and you've been paying fixed direct debits.
- Request a refund if you have over a month's credit but ensure your meter readings are up to date for accuracy.
Choose Cheap SIM-Only Deals
- Most pay under £15 for SIM-only phone plans; explore lesser-known networks to find cheaper plans using big networks' signals.
- Compare deals from both major and mobile virtual network operators to find cost-effective options suited to your needs.