First Direct ups joining reward to £125

Last updated: Aug 14th, 2013
20s in pocket

First Direct is upping its hugely popular joining incentive for all new 1st Account customers from £100 to £125 from 12 August until 20 October.

All new customers can snap up the deal as long as they are able to pay in a minimum of £1,000 each month.

They must also transfer a minimum of two standing orders and/or direct debits using the online bank's 'Easyswitch' team.

First Direct's 'Satisfaction Guarantee' will continue to apply during the promotional period, meaning if new customers aren't happy with the account or the Easyswitch service they receive and close their account within the first 12 months, the bank will pay them £100 – as long as the minimum deposit is met for at least six months.

The satisfaction guarantee payment of £100 will go into the 1st Account before the account is closed and any accounts the customer has with First Direct at that time must be transferred to another bank or building society.

First Direct was highly commended in this year's Most Trusted Current Account provider category at the Moneywise Customer Service Awards. It also won the Most Trusted Mortgage Provider and Credit Card provider awards.

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