Nationwide, Lloyds, NatWest and Santander customers can get £150 in their bank account

A bank is offering cash to customers who join and stay with them

UK households are being informed about a simple method to earn £150. The Co-operative Bank is providing cash incentives to customers who join and remain with them.

New customers will receive £75 for switching to them, along with an additional £25 per month for up to three months. This could apply to individuals who are currently banking with one of the major banks and decide to make the switch.

The Co-op has stated that this offer is available to "new and existing current account customers". The bank explained: "Switch and stay to get up to £150. Get £75 for switching to us, plus £25 a month for up to three months. Available to new and existing current account customers, reports Coventry Live.

"Co-operative Bank customers are part of an ethical bank the UK's first to introduce a customer-led Ethical Policy, which still sets us apart today. And even better, you can earn up to £150 in four months. This includes £75 for switching your current account to us and then £25 a month for up to three months. You can get the £150 by:

"Switching your current account: we'll give you £75 when you switch from another bank and meet the qualifying criteria. Actively using your Co-operative Bank current account: We'll give you an extra £25 a month for up to three months if you actively use your account, meeting the qualifying criteria."

It's one of the latest cash offers on the table from a bank trying to lure in customers from a rival. Experts say it can be an easy way to make money as switching is often fairly hassle free.