More than half of all Norwich & Peterborough customers now have longer to close their current accounts, and four banks have confirmed that they will be able to earn up to £200 switching to them.
One hundred thousand Norwich & Peterborough customers whose current accounts will be closed on 31 August can earn up to £200 switching to a different bank, MoneySavingExpert.com can reveal, after at least two banks agreed to offer a switching incentive lifeline.
About 100,000 current accounts held with building society brand Norwich & Peterborough (N&P) are set to close by 31 August because the brand itself will cease to exist. If you're affected by the closure you'll be contacted with details on how to switch elsewhere.
Norwich & Peterborough Building Society is no longer accepting new applications for its Gold Classic current account, which is a top pick for overseas spending.
Norwich and Peterborough Building Society (N&P) has this week been taken over by Yorkshire Building Society (YBS), which means big changes for many of its 420,000 customers.
A major building society has been fined £1.4 million and must pay £51 million compensation to customers after it mis-sold investment products in collapsed firm Keydata Investment Services.