Bank customers have just days or weeks to switch their current account and benefit from cash handouts and other incentives, according to Moneyfacts.

First Direct is withdrawing its £130 switching offer at midnight tonight, while consumers have 10 days to take advantage of NatWest’s £100 cashback offer which will be withdrawn on 2 December.

There are three weeks left to get a £125 cash incentive with Halifax on its Reward Account. The offer ends on 14 December and has been available since 3 November.

Switching incentives still available include Virgin Money which tweaked the switching incentive on its M Plus Account last month. Switchers can receive a £150 Virgin Experience Days gift card or 12-bottle case of wine from Virgin Wines.

Santander is still offering £130 cashback on its 123 Current Account, and Nationwide is still offering £100 for new accounts and £125 for existing account holders on selected current accounts.

Rachel Springall, finance expert at Moneyfacts, said: “Current account providers launched free cash perks for customers who switch using the Current Account Switcher Service (CASS), however, some gave just a small window of opportunity for customers to apply, such as HSBC which gave consumers 14 days.

“One of the biggest cash perks on a current account which does not charge an account fee is for £130 with First Direct, which is due to expire at midnight. In the weeks to come, so too will the £125 offer from Halifax and £100 offer from NatWest disappear.

“Those looking to get a better overall package with their current account will not only find Santander’s £130 switching cash offer appealing, but the 123 Current Account also boasts 1 to 3% cashback on selected household bills and Santander home or life insurance premiums and it pays 0.30% AER credit interest on balances up to £20,000, all for a £4 per month fee.

“Virgin Money currently offers a different upfront perk to those who switch to its Virgin Money M Plus Account; a £150 Experience Days gift card or a free luxury 12-bottle case of wine from Virgin Wines.

“Another bank to launch a different incentive for switchers recently was Barclays Bank, depending on the type of account pack add-on that is taken, they will provide a free trial of a variety of Apple entertainment with Apple One, for up to five months. However, like many cash perks, this offer will be withdrawn within the next three weeks on 12 December.”