Current account hopping to take advantage of the joining rewards

CherlokHomes

Tubbss wrote: »

Starts on Monday - Co-Op bank, Switch to them and they will pay £100 and make a £25 charity donation

Would rather the £125

myth123

platterfish wrote: »

It is new and existing customers too, they mentioned this to me in branch the other day and it includes smile.

Switch 2 DD's/SO's via full switch and close the old account, and pay in 800 a month.

Existing customers qualify if they don't already pay in 800+ a month.

Super! My FlexDirect account can come into play, will have to fiddle about with a few savings DDs but shouldn't be too much of a problem

Archi_Bald

myth123 wrote: »

Super! My FlexDirect account can come into play, will have to fiddle about with a few savings DDs but shouldn't be too much of a problem

If it's true that SOs are also accepted, you don't need to fiddle with DDs.

myth123

Archi_Bald wrote: »

If it's true that SOs are also accepted, you don't need to fiddle with DDs.

Ah yes good point. Even better

plzhelpmesave!

Any banks doing incentives for straight new signing up rather than switching? Been with TSB for 20 years-so worth keeping I think from yorkshireboy's comment.
Recently switched Santander to halifax and got the £100 very quickly.

Think I need to open a couple more to plan for switchover offers in future....

Money-Saving-King

turkish416 wrote: »

I note that with the new regulations making current account switching far simpler

What you can do it in 7 days?

I think you'll find to get the £100 or whatever you have to stay there a bit longer than that.

knack92

I'd also like to take advantage of these switching incentives.

I recently switched a dormant HSBC account to Halifax and am now getting £5 a month on that account so would not like to switch it. My Nationwide FlexDirect is coming up to 12 months old, however I think I need it for the Web Isa I have just opened with them. I also have an RBS account which is my main account and will be kept indefinitely.

Presumably there is no harm in simply opening a basic bank account with, say, RBS and using that to switch from?