Martin Lewis reveals how to get £180 free wine or £125 cash from your bank in incredible hack

Martin Lewis reveals how to get £180 free wine or £125 cash from your bank in incredible hack


CASH saving expert Martin Lewis has revealed how to get £180 of free wine or £125 in cash from your bank in his latest money hacks.

Virgin Money is giving away 15 free bottles of wine – worth £180 – to switch your bank account, but only if you make the jump before the end of Sunday.

New Virgin Money switchers get the wine sent within 36 days, plus you'll also get 2% interest on cash up to £1,000.

All you have to do to bank the £180 of free wine is switch at least two direct debits across to Virgin Money, register for its app, and put £1,000 in its linked 0.5% easy-access savings account.

Martin recommends if you've no other savings, you could move it to the main account once you've got the wine code to get the 2%.

But you won’t be able to claim the offer if you already have a Virgin Money, B, Clydesdale Bank or Yorkshire Bank current account, or you’ve held one since September 30 2020.

In another of Martin's latest money tips, he reveals HSBC will pay you £125 to ditch your bank and switch to one of its current accounts.

But you'll need to sign up to its premium current accounts, either the Premier Account or its Advance Account.

There are no monthly fees for either account.

The first £500 of your arrange overdraft is interest-free with the Premier account unlike HSBC's basic current account, which you can't arrange an overdraft for or have access to other credit facilities likes loans or credit cards.

You'll also get free annual travel insurance cover from Aviva with the Premier account.

Meanwhile, there is a minimum overdraft offer of £1,000 with the Advance account.

But before you switch and ditch, make sure you take a good look at the accounts are the right ones for you as there are a few catches.

You'll need an annual income of at least £75,000 to open a Premier account, as well as an existing mortgage, investment, life insurance or protection product deal with the bank.

Or, you’ll need to have at least £50,000 of savings with HSBC within six months of opening your account.

For the Advance account, you’ll need to pay in a minimum of £1,740 per month or £10,500 over six months to be eligible.

What current account is right for me?

IF you’re looking to switch current accounts, it can be difficult to compare which bank is best for you.

But these accounts could help make your money go further:

Virgin Money

Virgin Money pays 2.02% variable on the first £1,000 in your account, with no minimum pay in

You can also get a free 15-case bottle of wine – check the terms and conditions first though to make sure you're eligible


Nationwide FlexDirect pays an interest rate of 2% fixed for a year on up to £1,500.

You’ll need to pay in £1,000 a month to get the offer though.


Santander offers cashback on its 123 Lite account.

You can get 3% cashback on water bills, 2% of energy and the bank’s own home and life insurance, and 1% on a number of bills including phone, broadband and Santander mortgages.

There is, however, a £2 monthly fee which eats into the cashback perks.


You can get £125 if you ditch your current account and switch to HSBC Premier or Advance current accounts

The incentive only applies to new customers, or old account holders – including M&S Bank and First Direct accounts – returning to the bank as long as they closed their account on or before January 1, 2018.

You’ll also have to meet the agreements set out in the bank’s Current Account Switch Service, which moves all your payments, direct debits and standing orders within seven working days.

This means you’ll have to switch to your new HSBC account, including setting up at least two direct debits or standing orders, within 30 days of opening the account.

If you meet all of these conditions, you’ll get a payment of £125 into your new account within 20 days of switching.

HSBC UK head of everyday banking Fiona Anderson said the switching offerwill "provide a little financial boost" amid the pandemic.

The bank hasn't said when the offer will end, but we have asked for more information and will update you as soon as we can.

You can apply for the HSBC Premier Bank Account here, or the  HSBC Advance Bank Account here.

The bank rolled out a similar deal last year in September. 

It looks like HSBC is the only bank currently rolling out an offer where you'll get cash if you switch.

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