Martin Lewis's MSE warns anyone with a bank account to switch to deal that could make them up to £600 richer

MARTIN Lewis has revealed how to make £600 'easily'.

The Money Saving Expert went to X to share a tip that Santander has launched a new switching deal that could be very profitable.

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He suggested that a simple change will make your money work harder for you.

Lewis wrote: “Santander has launched a new bank switching deal, with some serious benefits… FREE £175 + 7% discount + 1% cashback on accounts + cheap expenses abroad + possible 2% cashback on all expenses.”

While his site adds: 'Santander has dug in its heels and shaken up the bank switching market with a new lucrative deal, which could earn around €600 a year at the worst.

“This, plus the return of a free cash deal from First Direct, are welcome.

“To switch banks, they require you to pass a not-too-strict credit check and use their seven-business-day switching service (which will close your old account for you, ensure all payments are automatically routed to it, and move it balance, standing orders and direct debits to the other side).'

By switching from your current bank, you can essentially collect an initial $175 as an incentive.

Set up two or more direct debits within 60 days and pay €1,500 into the new account.

The £175 is paid between 60 and 90 days after starting the process.

Lewis recommends opting for the Santander Edge current account which costs £3 per month.

This gives you twice a cashback of € 20 per month, including 1% cashback on expenses such as municipal taxes and bills.

You also get 1% cashback on debit card payments at supermarkets, on fuel and on travel.

The money saving guru estimates that this will mean a saving of £100 per year for the average household.

To qualify, customers must pay £500 per month into the account.

Edge offers access to a savings account with 7% interest up to £4,000, which equates to a maximum of £270 in annual interest.

And if it's a joint account, this would be £500.

Finally, an Edge credit card gives you 2% cashback on almost all spend, meaning a profit of up to £12 per month.