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Send money to India for less this Diwali
Michelle Monck

Michelle Monck

Consumer Finance Expert
Published: 12/11/2020

This Saturday, Diwali will be celebrated by millions across the world and, according to foreign exchange company Xe, it will see a 35% increase in the number of payments sent from those living in the UK to India. People send money to India to help support family and friends and as gifts, especially at Diwali.
Those wanting to send money to India can do this using their bank, with an international money transfer service or a foreign exchange broker.

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Consumers need to act quickly as banks start withdrawing switching offers

Consumers looking to boost their finances by getting cashback from switching bank accounts need to act quickly as NatWest and Royal Bank of Scotland’s offers are due to end next week.

Both NatWest and Royal Bank of Scotland (RBS) enable new and existing customers to earn £125 by switching to a specified current account, but both deals end on 19 November 2020. “Consumers looking to take advantage of switching cash perks do not have long to do so, as current account providers continue to adjust their offerings,” explained Rachel Springall, finance expert at Moneyfacts.co.uk. “Most recently, Bank of Scotland and Lloyds Bank pulled their £100 switching offer and next week NatWest will pull its £125 cash perk.”

At the moment HSBC and Metro Bank are also currently offering switching deals. With HSBC, customers can earn £125 by switching to a HSBC Premier or Advance current account. Meanwhile, Metro Bank is offering customers up to £250 when they refer a friend to the bank through its Metro Bank Refer a Friend switching offer. With this deal, which is due to end on the 11 December 2020, the bank pays £50 per friend referral up to a maximum of five friends.

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NatWest launches £125 switching deal – we look at all the deals currently available

Today NatWest has launched a switching deal that will see new and existing customers earning £125 by switching accounts. Along with NatWest’s switching offer, four other providers offer customers switching incentives. Here we take a look at all the current switching incentives on offer.

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Reviewed: HSBC bank and its range of bank accounts

HSBC has more than 40 million personal, wealth and corporate customers in 64 countries across the world. It is one of the big four banks in the UK and offers a range of financial services including mortgages, savings accounts, bank accounts, loans and credit cards.
Consumers that switch their bank account to HSBC can currently earn £125 cash bonus on specific HSBC accounts (subject to eligibility). We review its range of bank accounts and the HSBC mobile banking app.

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Reviewed: Starling Bank and its range of accounts

Starling Bank announced that its accounts will now be available via desktop and laptop, in addition to its App on mobile devices. Starling Bank is now six years old, and this expansion to what is considered more traditional devices reflects a maturing of the bank as it seeks to broaden its customer base. We use this moment to take a look back on the development of Starling Bank so far and review its latest range of current accounts and business bank accounts.

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Recent News

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Overdraft rates rise but borrowing becomes cheaper

22nd September 2020

Although overdraft rates have risen year-on-year, borrowing has actually become cheaper for many consumers as banks and building societies scrap overdraft usage flat fees

Although overdraft rates have risen year-on-year, borrowing has actually become cheaper for many consumers as banks and building societies scrap overdraft usage flat fees

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Earn £125 by switching to a HSBC current account

15th September 2020

After stopping its switching incentive six months ago, HSBC has relaunched its current account switching offer today

After stopping its switching incentive six months ago, HSBC has relaunched its current account switching offer today

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Revealed: how to get £100 paid into your bank account

2nd September 2020

Today, Royal Bank of Scotland has launched a new bank account switching offer giving those that switch their main account to them a payment of £100. We also reveal the other bank account switching deals currently offering cash to swtich.

Today, Royal Bank of Scotland has launched a new bank account switching offer giving those that switch their main account to them a payment of £100. We also rev

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What to do if your payment holiday is coming to an end

1st September 2020

The start of September will have many thinking about how to manage their finances as payment holidays on overdrafts, mortgages and credit cards will soon come to end.

The start of September will have many thinking about how to manage their finances as payment holidays on overdrafts, mortgages and credit cards will soon come t

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Most Popular Banking News

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Revealed: how to get £100 paid into your bank account

2nd September 2020

Today, Royal Bank of Scotland has launched a new bank account switching offer giving those that switch their main account to them a payment of £100. We also reveal the other bank account switching deals currently offering cash to swtich.

Today, Royal Bank of Scotland has launched a new bank account switching offer giving those that switch their main account to them a payment of £100. We also rev

Read More
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NatWest launches £125 switching deal – we look at all the deals currently available

19th October 2020

Today NatWest has launched a switching deal that will see new and existing customers earning £125 by switching accounts

Today NatWest has launched a switching deal that will see new and existing customers earning £125 by switching accounts

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Reviewed: HSBC bank and its range of bank accounts

19th October 2020

HSBC has more than 40 million customers across the world. It is one of the big four banks in the UK. Consumers that switch their bank account to HSBC can currently earn £125 cash bonus on specific HSBC accounts (subject to eligibility). We review its range of bank accounts and the HSBC mobile banking app.

HSBC offers £125 cash bonus to switch to specific HSBC accounts (subject to eligibility). We review its range of bank accounts.

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Earn £125 by switching to a HSBC current account

15th September 2020

After stopping its switching incentive six months ago, HSBC has relaunched its current account switching offer today

After stopping its switching incentive six months ago, HSBC has relaunched its current account switching offer today

Read More

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