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MSE News: It's confirmed, Abbey and A&L £100 bank switching bonus returns

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  • Join a Santander bank NOT FOR £1000 !
  • I am leaving a&l for halifax reward account, apparently a+l value new customers over their current customers.

    I have a couple of questions for my next move, first I can't pay in £1000 a month so I will have to take out some and put back in, my question is can I open another on line account and switch them back and forth or do I have to do it at a cash machine?

    Also what's the rules on the switching service? as in can I switch from a blank account (no direct debits, no standing orders, no salary) or does it have to have one or all of those?

    If I can get £100 off a+l in 3 months and transfer £1000 between hali and a+l I will get the £100 a+l bonus, the £50 hali bonus, as well as the £5 and the 5%. Any flaws in this plan please help me out
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