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Martin Lewis urges anyone with a HSBC and First Direct account to check the post for a cheque - which could be worth £7,000

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Sign up to FREE email alerts from our Money Saving Club Newsletter Money Saving Expert Martin Lewis has explained why thousands of Brits have discovered cheques worth thousands of pounds in their postboxes.

People who have accounts with HSBC and First Direct have reported receiving payments of up to £7,000. According to the Mirror, thousands of HSBC customers are being sent refunds worth thousands of pounds as the lender seeks to rectify a payments error it more than a decade ago.

Customers who banked with HSBC, First Direct, Marks & Spencer bank or John Lewis Finance between 2010 and 2019 have been receiving £50 compensation payouts since mid-2020 in the post.

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