The Martin Lewis Podcast Free £400 for switching bank! Was Uni worth it? Cash ISAs to be cut
Oct 16, 2025
Discover seven banks ready to pay you to switch accounts and learn the ins and outs of the process, from eligibility to joint accounts. Dive into debates about the true value of university education, with diverse listener opinions revealing mixed outcomes. Also, get the latest on potential cuts to cash ISA limits and updates on car finance misselling. Explore how to tackle switching bonuses legally and hear personal anecdotes that add a light-hearted touch to financial discussions.
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Cutting Cash ISAs Might Backfire
- Cutting the cash ISA limit aims to encourage investing but may simply raise tax on savers and anger older people.
- Martin proposes a 'starter investment ISA' bonus to incentivise younger people to invest instead of reducing cash-ISA allowances.
Car Finance Redress Is Coming—Complain Early
- The FCA plans a mass redress scheme for car finance misselling covering millions and billions in payouts.
- Opt-in/opt-out rules vary by complaint type, so complain now to ensure easier automatic payments later.
Switch Now For Live Cash Bonuses
- Do consider switching—seven banks are currently offering cash incentives up to £400 for new customers.
- Follow each offer's pay-in and direct-debit requirements to qualify and get the money before Christmas.