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High street providers TSB and Lloyds Bank have launched new switching deals at the end of last month. Find out how to earn up to £175 by switching to one of these providers.

To receive the £100, customers must make a minimum of five payments using their debit card or contactless, and log into the TSB Mobile Banking app at least once, by July 5

Eligible TSB customers can also choose a reward, from free hotel stays to cinema tickets.

Customers have until 11.59pm on January 31 to switch to the TSB Spend and Save current account to get £125 - and in addition to this, you can also claim up to £60 in cashback

Banks offer switching incentives to entice customers into moving their cash to them however the pool of incentives has dried up a tad with another bank axing its switching offer

TSB will pay customers £125, and you can get up to £150 with Co-operative Bank

I am holding on to my Premium Bonds, at least for now - though I would have done better putting the money into my cash Isa given my winnings over the past year. Heres why.

TSB is the latest bank to launch a switching bonus with £125 on offer to customers who switch away from their current provider.

TWO major banks are giving away up to £215 in free money - and you can start claiming the cash in just minutes.Banks and building societies regularly

Money Saving Expert Mr Lewis continues to give advice to people struggling in the cost of living crisis