Make £1,000s from switching bank? | Will government back track on Plan 2 Student Loan hike

Make £1,000s from switching bank? | Will government back track on Plan 2 Student Loan hike

July 9, 2026 · 1h 7m

About this episode

Martin Lewis discusses bank account switching opportunities and the implications of a Treasury report on student loans.

This week on The Martin Lewis Podcast, is a bank account bonanza. Eight current accounts are now paying £175 or more to switch, and in some cases the rewards don't stop there. A number of packaged bank accounts are effectively paying you to sign up too, meaning you could get travel insurance, mobile phone cover and breakdown protection for the whole family thrown in — benefits that can easily be worth £500 a year or more. Martin cuts through the jargon, answers your questions and reveals the top bank account best buys right now. Plus, the long-awaited Treasury Select Committee report into Plan 2 student loans has finally landed. The report says many borrowers were effectively misled, echoing Martin's long-standing argument that the Government has a "moral duty" to reverse the planned increase in repayments for existing borrowers. Martin explains what the report says, what it means politically, and whether it could make a practical difference to those affected. And in this week’s Tell Us, we're uncovering the insider secrets of the restaurant trade. From the best ways to get value for money to what staff really think about the wine list, those who work in restaurants share their…

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Host: Martin Lewis

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Mentioned in this episode

Organizations: Treasury Select Committee, BBC Radio 5 Live

Products: Plan 2 Student Loan, bank accounts, travel insurance, mobile phone cover, breakdown protection

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