Metro Bank customers can earn up to £250 in new switching offer

Today, Metro Bank is offering customers up to £250 simply by referring friends to the bank.

The Metro Bank Refer a Friend switching offer, enables customers to earn £50 for every friend they refer to the bank, up to a limit of £250. To earn through the scheme, existing customers must register via the bank’s website. Once registered, customers receive a unique code to share with friends and family.

This offer is only available until 11 December 2020 and full terms and conditions can be found on the Metro Bank website.

Commenting on the launch of the Refer a Friend offer, Kat Robinson, director of bank accounts at Metro Bank, said: “At Metro Bank our purpose has always been to create fans and bring the banking revolution to more people. We’re excited to launch our new ‘Refer a Friend’ switching offer to do just that, helping us give something back to our existing customers while welcoming new customers too.”

The Metro Bank Refer a Friend switching offer is the second switching incentive to be launched in as many weeks. Last week, Halifax launched its own switching offer, which could see customers earn £100 by switching to the bank. This is good news for consumers looking to earn some extra money during these times of economic uncertainty and before the Christmas shopping season begins, but Rachel Springall, finance expert at Moneyfacts.co.uk warns: “As is common before entering any arrangement, consumers would be wise to compare the overall package of an account and not be swayed by upfront perks alone.”