First Direct - opening account!

Coeus

Hi all!

Reading on the MSE website for a new bank account - First Direct come highly recommended with a £100 introduction bonus and 6% savings account!

I'm wondering if any of you have a account with First Direct? If so I would like to keep my wages paid into an old account so if I transfer £1,000 monthly in an out of the account would I still qualify for a bonus?

Link on the MSE website: http://www.moneysavingexpert.com/news/banking/2013/03/first-direct-reduces-minimum-deposit-on-1st-account

Many thanks for any replies!

Coeus.

innovate

Coeus wrote: »

I'm wondering if any of you have a account with First Direct? If so I would like to keep my wages paid into an old account so if I transfer £1,000 monthly in an out of the account would I still qualify for a bonus?

Yes, plenty of people on here seem to have an FD current account, and yes, you would qualify for the bonus if you didn't close your old account - - but you must use the FD Switcher Service to transfer at least 2 DDs or SOs, and you must transfer £1K in accordance with the T&Cs.

Plenty of threads about this on here.