We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

HSBC to First Direct- can I still get £100?

I bank with HSBC, but am interested in switching to First Direct then back again in six months to make £200.

As the two banks are connected, does anyone know if I am still eligible for the offer?

Thanks :-)
«1

Comments

  • mrmajika
    mrmajika Posts: 987 Forumite
    Part of the Furniture 500 Posts Combo Breaker Photogenic
    Yes - it doesn't affect it at all.
    Whilst my posts do not constitute financial advice, I am always, without fail, 100% right! :D
  • greenmantle
    greenmantle Posts: 190 Forumite
    YEP. I did. :)
    Now: off-set mortgage *up-and-running*...
    *official Mortgage-free wannabe* :beer:
    Then: Epic graduate debts paid off, 2006-2009

  • greenmantle
    greenmantle Posts: 190 Forumite
    Oh, I mean, I got the 100 quid for switching, but I think I'm staying, so can't comment on the 200... ;)
    Now: off-set mortgage *up-and-running*...
    *official Mortgage-free wannabe* :beer:
    Then: Epic graduate debts paid off, 2006-2009

  • nzseries1
    nzseries1 Posts: 2,240 Forumite
    I switched to First Direct from HSBC, and then away again, and got £200.

    Keep in mind that even though they say the switch away is "no questions asked", my experience was very different. I had to explain in great detail why i wanted to leave to three different people, and then put the same thing in writing, to get my £100 for leaving.
    You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.
  • cyteh84
    cyteh84 Posts: 9 Forumite
    Hi, I have a HSBC account as well (a Plus account). I would like to know how to switch to First Direct. Do I need to close my existing HSBC Plus account then open a new First Direct account then after 6 months "switch" back to HSBC by opening a new HSBC account again?
  • nzseries1
    nzseries1 Posts: 2,240 Forumite
    cyteh84 wrote: »
    Hi, I have a HSBC account as well (a Plus account). I would like to know how to switch to First Direct. Do I need to close my existing HSBC Plus account then open a new First Direct account then after 6 months "switch" back to HSBC by opening a new HSBC account again?

    Check here:
    http://www.firstdirect.com/1st-account/

    under the headings
    £100 when you switch your banking
    and
    Satisfaction guaranteed

    This may also be of interest:
    http://www.firstdirect.com/1st-account/easyswitch.shtml
    You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.
  • pksaraf
    pksaraf Posts: 204 Forumite
    Part of the Furniture Combo Breaker
    as long as you have never banked with fd before
    &
    you transfer your salary (>£1,500pm)

    you shouldnt have a problem. banking with hsbc directly shouldnt matter.

    and dont forget, there is also a refer a friend scheme where a referrer earns £50, over and above the £100 you make. i am sure someone will be willing to share their bonus with you. check the referrers board.
  • cyteh84
    cyteh84 Posts: 9 Forumite
    for the 1,500pm, can I transfer it as a standing order from my HSBC plus account to the newly open FD account? As I don't really want to give the new bank account details to my HR manager then after 6 months change it again...and just in case things get screwed up in process...
  • pksaraf
    pksaraf Posts: 204 Forumite
    Part of the Furniture Combo Breaker
    cyteh84 wrote: »
    for the 1,500pm, can I transfer it as a standing order from my HSBC plus account to the newly open FD account? As I don't really want to give the new bank account details to my HR manager then after 6 months change it again...and just in case things get screwed up in process...

    based on what i have heard so far, it has to be salary hitting directly from employer. others can comment more on this one.
  • You can get round the minimum deposit of £1500 per month, by opening more of their products.

    I have 2 savings accounts along with my current account, and as long as you "own" 3 of their products, there is no minimum deposit required! :D
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.