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  • FIRST POST
    • eaglesrjh
    • By eaglesrjh 2nd Dec 17, 10:25 PM
    • 373Posts
    • 260Thanks
    eaglesrjh
    Do Banks care how many times you open a new account?
    • #1
    • 2nd Dec 17, 10:25 PM
    Do Banks care how many times you open a new account? 2nd Dec 17 at 10:25 PM
    Just wondered if banks are likely to frown upon you opening new accounts just as dummy accounts for switching purposes.

    I recently did a switch with a "spare" account but i'd like to start another before I can move the new "spare"

    So it looks like it would be easy to open another "spare" account with my existing bank, but are they likely to cause problems if I open an account and then switch it soon and therefore cause it to close?

    If I do this a few times will they stop me opening new ones or even worse close my main account?

    Just wondered if anyone knew or had experience of this.
    if i had known then what i know now
Page 1
    • jonesMUFCforever
    • By jonesMUFCforever 2nd Dec 17, 11:34 PM
    • 24,255 Posts
    • 11,537 Thanks
    jonesMUFCforever
    • #2
    • 2nd Dec 17, 11:34 PM
    • #2
    • 2nd Dec 17, 11:34 PM
    If you do it online nobody at the bank will care.
    If you do it in branch they will twig before long that you are wasting their time and find ways to cancel your appointments.
    What goes around - comes around
    give lots and you will always receive lots
    • eskbanker
    • By eskbanker 3rd Dec 17, 12:11 AM
    • 5,902 Posts
    • 5,861 Thanks
    eskbanker
    • #3
    • 3rd Dec 17, 12:11 AM
    • #3
    • 3rd Dec 17, 12:11 AM
    If you do it in branch they will twig before long that you are wasting their time and find ways to cancel your appointments.
    Originally posted by jonesMUFCforever
    I see what you did there - perhaps they'll let you leaf through some of the brochures though (or maybe I'm just barking up the wrong tree....)
    • EachPenny
    • By EachPenny 3rd Dec 17, 1:10 AM
    • 3,319 Posts
    • 6,156 Thanks
    EachPenny
    • #4
    • 3rd Dec 17, 1:10 AM
    • #4
    • 3rd Dec 17, 1:10 AM
    I see what you did there - perhaps they'll let you leaf through some of the brochures though (or maybe I'm just barking up the wrong tree....)
    Originally posted by eskbanker
    I think if we root about on the board we might find the answer.
    "In the future, everyone will be rich for 15 minutes"
    • mapk
    • By mapk 3rd Dec 17, 3:56 AM
    • 144 Posts
    • 62 Thanks
    mapk
    • #5
    • 3rd Dec 17, 3:56 AM
    • #5
    • 3rd Dec 17, 3:56 AM
    I think if we root about on the board we might find the answer.
    Originally posted by EachPenny
    Oh, just leaf it out!
    • badger09
    • By badger09 3rd Dec 17, 11:30 AM
    • 5,585 Posts
    • 4,896 Thanks
    badger09
    • #6
    • 3rd Dec 17, 11:30 AM
    • #6
    • 3rd Dec 17, 11:30 AM
    Just wondered if banks are likely to frown upon you opening new accounts just as dummy accounts for switching purposes.

    I recently did a switch with a "spare" account but i'd like to start another before I can move the new "spare"

    So it looks like it would be easy to open another "spare" account with my existing bank, but are they likely to cause problems if I open an account and then switch it soon and therefore cause it to close?

    If I do this a few times will they stop me opening new ones or even worse close my main account?

    Just wondered if anyone knew or had experience of this.
    Originally posted by eaglesrjh
    Trying to keep on topic

    I don't know if they would go so far as to close your account, but if I wanted to maintain a long standing relationship with the bank, then I wouldn't open more than one or two 'donor' accounts with them. There are plenty to choose from.
    I'm a supporter of dunstonh
    • Katiehound
    • By Katiehound 3rd Dec 17, 12:24 PM
    • 3,903 Posts
    • 38,003 Thanks
    Katiehound
    • #7
    • 3rd Dec 17, 12:24 PM
    • #7
    • 3rd Dec 17, 12:24 PM
    If you switch to a new provider what is to stop you opening a second new account with them (eventually) and making that a donor account?
    You might be able to do that each time you switch rather than keep opening and switching at the very same bank each time.

    Do it too many times and that might drive them 'nuts'... (sorry)
    As we know money doesn't grow on trees, or in the branches......
    Being polite and pleasant doesn't cost anything!

    If you found my posting helpful please hit the "Thanks" button!
    Thank You
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