Money comparison website Moneyfacts.co.uk monitors the latest products and rate changes, showcasing some of the best options in the Moneyfacts Pick of the Week.
This week, the first direct current account featured in its top-picks.
Commenting on the deal, Eleanor Williams, Finance Expert at Moneyfacts.co.uk, said: “This week sees first direct launch a new £100 incentive on its 1st Account for those who switch via the Current Account Switching Service (CASS) and who credit their account with a minimum of £1,000 within the first three months.
“This addition has likely further increased the appeal of this particular account to those looking to switch, as not only does this carry no monthly fee, but another feature that may be of interest is that there is a highly competitive £250 interest-free buffer on the arranged overdraft facility.
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