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| UPDATED: 23:02, Wed, Mar 10, 2021
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Lockdown savings are something which many Britons have been fortunate enough to experience during the coronavirus pandemic, although of course, sadly many have been hit financially during this crisis. In January, the savings market increased by £13billion compared to December.
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It is an offer limited to one payment per customer or joint account, and the money will be paid within 28 days of all the criteria being met, first direct states.
The bank is only offering it to people who haven t previously held an account with first direct and/or have not opened an HSBC or M&S Bank current account on or after January 1, 2018.
If the person applying holds an HSBC and/or M&S Bank current account which was opened before January 1, 2018, then they can still qualify. We reserve the right to refuse your application and withdraw this offer at anytime, the bank warns.