The banking world is undergoing fierce competition, with each trying to get the better of the other by bagging more customers. Hence, many bankers offer free cash to a current account holder who recommends a new customer. The recommended customer also gets free cash. Among such bankers the main player is Alliance & Leicester (A&L).


A&L’s Current Account is the most competitive in the market and each new customer and the one who recommends get £25 each as incentive. In this way it is possible to make £100s a year if you try a bit.

Alliance & Leicester’s ‘recommend a friend’ promotion is aimed at encouraging more people to join up to its current account. Any account holders get £25 if someone they recommend joins up, whether it’s a friend, partner, spouse, colleague or family member. Each person who joins newly also gets £25.

It is still better if you are not already a current account holder. Any non-A&L customers can team up; one of them join up, and then recommend their friend. There’s no limit to how much you can earn. Both accounts allow you to recommend as many friends as you have. This means that there’s possibly £100s available here.

The offer is available on the bank’s website. Look for the `Recommend a friend’ heading and click to read about the full details. To qualify for the bonuses, you and your friend will have to meet the pay-in criteria that this account has, at least for two or three months.


Technically the requirement is that you need deposit £500 of funding in each month. But this is a minimum salary criteria following by most banks and doesn’t mean you need be in credit or keep the cash there. Hence, anyone who earns over £6,300 a year, and has their salary paid into this account will qualify