{"id":21968,"date":"2026-02-23T14:25:11","date_gmt":"2026-02-23T14:25:11","guid":{"rendered":"https:\/\/www.europesays.com\/dk\/21968\/"},"modified":"2026-02-23T14:25:11","modified_gmt":"2026-02-23T14:25:11","slug":"danske-bank-is-offering-200-free-cash-but-eligibility-rules-apply-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/dk\/21968\/","title":{"rendered":"Danske Bank is offering \u00a3200 free cash but eligibility rules apply"},"content":{"rendered":"

Danske Bank is offering new customers a free \u00a3200 cash bonus<\/a> if they switch current accounts, but the offer is only available in Northern Ireland<\/a>.<\/p>\n

Danske Bank is among the last financial institutions offering this deal as experts warn of switching incentives<\/a> \u201cvanishing\u201d from the market<\/a>.<\/p>\n

Eligible customers will need to switch to the bank\u2019s Reward Account.<\/p>\n

This latest offering from Danske Bank is attached to the financial institution\u2019s Reward Account.<\/p>\n

The product does have a \u00a32 monthly fee but gives \u00a35 a month cashback for customers who meet certain criteria.<\/p>\n

These include:<\/p>\n

Signing up for digital statementsPaying in more than \u00a31,000 each monthUsing the debit card eight times each month.<\/p>\n

The Reward Account\u2019s overdraft has a 39.9 per cent EAR variable interest rate linked to it.<\/p>\n

Do you have a money story you\u2019d like to share? Get in touch by emailing money@gbnews.uk<\/a>.<\/p>\n

\"Danske<\/p>\n

Danske Bank is offering a lucrative deal <\/p>\n

| <\/p>\n

GETTY <\/p>\n

Who is eligible for this \u00a3200 cash bonus?<\/p>\n

Anyone looking to take advantage of this cash incentive deal will need to be a resident in Northern Ireland.<\/p>\n

However, existing Danske Bank customers such as savings account holders can live elsewhere in the UK.<\/p>\n

Customers looking to get the free \u00a3200 must not have had a previous Danske Bank before.<\/p>\n

Furthermore, they must not have benefitted from the bank\u2019s switch offer since January 1, 2023.<\/p>\n

Those wanting to take advantage of this offer will need to open a Danske Bank Reward account online through the financial institution\u2019s website or app.<\/p>\n

After making the decision to switch to the Reward account from another bank, they will have to pay \u00a31,000 into it within 60 days.<\/p>\n

Qualifying Danske Bank customers will then be paid their \u00a3200 cash bonus for switching within 10 working days.<\/p>\n

Earlier this year, the bank confirmed it would be closing four of its branches in a blow to customers.<\/p>\n

\"Virgin<\/p>\n

Virgin Money also launched a brand new current account switch deal earlier today <\/p>\n

| GETTY <\/p>\n

The affected locations include its sites in Carrickfergus, Knock, Saintfield and at Shipquay Place in Derry\/Londonderry.<\/p>\n

These branches will close down on Friday June 7 but Danske Bank has said there will be no job losses.<\/p>\n

Aisling Press, Danske Bank\u2019s Managing Director of Personal Banking, explained: \u201cSometimes it also means we need to make difficult decisions to close certain branches that are being used less.<\/p>\n

\u201cThis isn\u2019t an easy decision to make, and we consider lots of factors including the customer impact of the closure and alternative services nearby.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Danske Bank is offering new customers a free \u00a3200 cash bonus if they switch current accounts, but the…\n","protected":false},"author":2,"featured_media":19404,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[288],"tags":[13553,13551,289,577,5950,38,13295,13552],"class_list":{"0":"post-21968","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-danske-bank","8":"tag-across-the-uk","9":"tag-bank-branch-closures","10":"tag-danske-bank","11":"tag-interest-rates","12":"tag-money","13":"tag-news","14":"tag-northern-ireland","15":"tag-savings"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/21968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/comments?post=21968"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/21968\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media\/19404"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media?parent=21968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/categories?post=21968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/tags?post=21968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}