Co-op £100 switch incentive is back

veryintrigued

innovate wrote: »

Applied & "approved subject to a few formalities" for a Coop account.

Same here - came in the form of an email circa 24 hours after applying

DragonQ

Approved within 24 hours by email, now awaiting information via post.

waterwatereverywhere

Hi,

Just remembered I have a "spare" Halifax account which I could use to switch to Co-Op. BUT I opened this Halifax one only to receive their £100 switching bonus in September 2013.

Is it too soon to close this Halifax one - might they take back the £100? Has anyone closed a Halifax one recently and can advise if the £100 was taken back or not?

I just seem to recall something in their Ts and Cs saying that they could take back the £100 in certain circumstances.

Many thx.

YorkshireBoy

waterwatereverywhere wrote: »

I just seem to recall something in their Ts and Cs saying that they could take back the £100 in certain circumstances.

The "certain circumstances" being if you failed to meet the offer T&Cs, ie switch an account...

£100_offer_T&Cs wrote:

If you do not meet the conditions of the offer we may claim back the £100.

...so if you met the T&Cs you can rest easy!

castle96

Q please

I have a Nationwide Flexaccount (this IS a 'current account' ?) that has £1 in it for years. No direct debits or standing orders.

I could ? use this a/c to qualify for the Coop ofer ? if...

I pay in a few pounds to the NWFA and then I set up two "regular payments" (these would ? be regarded as SOs by Coop), of £1 each, from the Nationwide Flexaccount to another of my bank accounts.
I now have a current account with 2 SOs ... yes? and qualify.

I pay in the £800 once the account is opened and get the £100/25.
No need t opay in another £800/more money ?

(How long do you need to keep the £800 in before withdrawing the £900 to my Santander/3% account ?)

pfpf

existing coop account holder from the £200 incentive days....17mins 43secs from start to finish and I have switched an old unused Halifax account to coop.

+£100.00

thanks a lot.

castle96

"• Bank of Scotland current account customers are not eligible for this offer." (in Halifax T&C)

hmmm. Does this mean if you did the 3 BofS Vantage accounts (ARE they current accounts ??), you are not eligible for the £100 switch ? Surely this is most of us...

Have just done Coop and Halifax. Should be OK on Coop, still wonder re above/Halifax.

Just goes to show - never close an old/useless a/c. Always leave £1 in it, for switches

[Deleted User]

pfpf wrote: »

existing coop account holder from the £200 incentive days....17mins 43secs from start to finish and I have switched an old unused Halifax account to coop.

+£100.00

thanks a lot.

Ah I remember that offer, done so many...

Got three on the go and now roping in the wife too

rb10

MoneyInTheBank wrote: »

The 5% interest on my Nationwide Flex Direct isn't up until May. I'm planning to switch this to the co-op now and then open a new Nationwide Flex Direct. Before doing so, can anybody see any issues I might face doing so or does this seem ok? Thanks

Check the Nationwide terms - I believe you are only eligible for 5% interest if you haven't had a FlexDirect in the past 12 months.

liamcov

Am I right that you apply for this account then have to call them to switch?

If so I don't have to set up any SO's yet right?

Also, how much time do I have after opening to switch if that's the case?