Martin Lewis, founder of Money Saving Expert, has revealed how you can get free money by switching banks.

The guru explained how you can set up three bank accounts between you; one for you, your partner and a joint account for bills.

In his latest MSE newsletter, he said swapping banks and making the most of switching deals could see couples get free money.

Banks often offer freebies or deals as an incentive for Brits to switch providers, a clever way of getting more customers.

The 49-year-old explained how switching to First Direct, Virgin Money or Santander could put a fortune into your pockets.

But to get the cash, you'd have to put at least £1,000 into the account within the first three months of opening it.

After this, you'll get the cash within 28 days.

The current account also offers an interest fee overdraft of up to £250, and you can also have access to a 1% regular saver account too.

You can apply to switch on First Direct's website – this isn't open to joint accounts although you can swap your personal account.

Martin said switching to Virgin Money would also give you 12 bottles of wine for free, plus an extra £50 to be donated to charity.

But you'd need to set up at least two direct debits and put £1,000 into the account within 31 days of opening to get the freebies.

  • Martin Lewis' MSE warns Brits to check contact details with banks immediately

Martin added if you apply for a Santander 123 Lite Current account, you can get up to 3% cashback on bills.

The amount of money you get depends on what kind of bills you've set up.

You'd have to pay £500 into your account per month and set up at least two direct debits to get the incentives.

He told couples to switch their personal bank accounts to First Direct and swap their joint accounts to Santander or Virgin Money.

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But just remember switching accounts can take a while so make sure you put aside time to sort it out.

When you switch make sure you're not missing out in other ways, like lower interest, poor customer service and worse saving rates.

Martin warned that you should only get a joint bank account if you're in a "financially-trusting, caring, non-abusive relationship".

He said: "Don't ever feel pressured by a partner into getting a joint account, it can sadly be a precursor to financial abuse."

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