First Direct account

robert_harper_2000

OK I have been reading and I am a signed-up with Quidco so if I sign up to First Direct account I should get;

1. £45 from Quidco
2. £50 from First Direct

Does anyone know what the terms are for getting all the cash?

Thanks appreciate getting these banks back! lol

grumbler

robert_harper_2000 wrote:

Does anyone know what the terms are for getting all the cash?

http://www.firstdirect.com/apply/bank_account.shtml:

When you apply for a Bank Account online and transfer your salary/income, we will add £50 to your account.
Joining incentives are valid for three months from the date the account is opened and will be credited within 28 days of the criteria being met. Incentives are only paid to customers who have not previously held an account with first direct and are limited to one per customer or joint account relationship.

robert_harper_2000

Joining incentives are valid for three months

what does this mean exactly.... and if i pay in via bank transfer (from a different bank) would this count as a salary/

Cheers

snarffie

robert_harper_2000 wrote:

Joining incentives are valid for three months

what does this mean exactly.... and if i pay in via bank transfer (from a different bank) would this count as a salary/

Cheers

I was wondering about this. I want to keep my existing bank account and just transfer £1000 into FD every month. I would then like to withdraw most of it back into my 'main' bank account. I could probably leave a few hundred floating in FD every month.

Anybody tried this. I know it's abusing the system, but there are worse things in life

robert_harper_2000

We both want to do the same thing. Also if you apply through Quidco you get an extra £45!

So what do you reckon, also it doesn't say how much salary counts.

So what does everyone think?

snarffie

The minimum salary deposit is £1000 per month.

robert_harper_2000

so standing order of £1000 for 3 months should be enough?

snarffie

robert_harper_2000 wrote:

so standing order of £1000 for 3 months should be enough?

I don't know, that's why I'm asking if you can just set up standing order into FD every month instead of salary.

Of course, I imagine you could have your salary go in to FD and set up standing order to wing it back to your 'proper' bank account.


I think it might be worth doing, even if salary has to go in.

Andy_Davies

robert_harper_2000 wrote:

OK I have been reading and I am a signed-up with Quidco so if I sign up to First Direct account I should get;

...

Thanks appreciate getting these banks back! lol

OK, so their owned by HSBC, but First Direct are one of the best banks out there - most of their customers are really satisfied with them, you might find you want to stick with them.