Easy £25 loophole Discussion Area

lipidicman

monki_man wrote:

You have to switch account to get this £50 and its after 2 months I think.

Lloydstsb_website wrote:

Recommend a friend - and get £50 yourself

Tell a friend/ family member just how good banking with Lloyds TSB is and you could both be £50 better off.
If they open a Classic, Plus, Premier, Added Value, Under 19 or Graduate current account and set up a regular credit of £500 or more per month within 2 months of opening the account, we'll pay £50 within 31 days into their new account once their first credit is received, to say welcome.
We'll then pay £50 into your account to say thank you.

Clear enough for you? You do not have to switch, or pay in your salary. Though you might want to for 4% if you credit £1000/month

Smudge32

Did the application online yesterday, seems to be the same offer as Martin mentioned.

Have they stopped this now?

barrwalk

Well done Martin! No fuss no bother with First Direct. When I said it was in THE Times they said it was on your web site as well. Forms on the way. Easy money Thanks again

Anwen_2

lipidicman wrote:

Clear enough for you? You do not have to switch, or pay in your salary. Though you might want to for 4% if you credit £1000/month

Yes, but you do have to set it up so that you pay in £500 a month, which is at least a bit of a faff. Also, it doesn't seem to say if there is a minimum period for this to happen for, ie if the credit stops within X months will they want the £50 back?

I rang up about the First Direct account and just said that I wanted to have it as a second account and the man said that was fine, so they're sending me the form out.

lipidicman

Online there is the question of whether you have to pay in your salary - they say no on the phone but it seems to be unclear. Plus the bit about 'pay in £100 and we'll give you £25' disappeared yesterday. Althought the £25 banner on the main page was still there.

Basically they are just flooded with applications.....we will all have to see!

skiddy2k

barrwalk wrote:

Well done Martin! No fuss no bother with First Direct. When I said it was in THE Times they said it was on your web site as well. Forms on the way. Easy money Thanks again

nice one Martin,
#Another one bites the dust#: for MSE.com!

sor_fes2

Rang this morning @ home. Asked what was different between paper advert and internet offer. From my understanding at the time there wasn't anything different. Asked for info to be sent out. Then thought that you can apply through GreasyPalm and get an extra £5.50 cashback.... By the time I got to work the £25 internet offer had gone. Rang them up, woman I talked to had obviously been dealing with ALOT of calls but didnt know the online offer had disappeared. I asked her if you could still apply online and she said there would be an option to put in the ref number. So, went through Greasypalm and applied online..... er I didnt see an option to put in the reference number. We'll see, haven't had even an automated reply to say my application as been received. Maybe I've screwed this up.... but then maybe I'll at least get the cashback!

newsmonkey

From an email received today:

"You can apply online for this account but will need to quote the reference CA154 for the online application to receive £25 and will need to have minimum of £100 credit balance within 3 months.

Please go to our website https://www.firstdirect.com to apply."

123xyz

I opened this account on 31st January following junk mail flyer (which I naturally checked up on with MSE advisers).

Paid in £100 on 31st January, received £25 "joining incentive" on 8th February, and 1p net interest on 17th February.

I will now be closing the account due the attitude of the staff in the Midland, who were concerned about "money laundering" because I paid £100 in cash!

I obviously look like a big time criminal.

isasmurf

sor_fes2 wrote:

By the time I got to work the £25 internet offer had gone.

If you all had the free version of the best browser in the land (Opera) then you will be getting the ads for First Direct offering £25 for opening an account for a couple of weeks now and they're still advertising it. In fact I'm looking at it right now and clicking on it takes you here. Free £25 when you open an account and deposit £100.