Free M&S current account - £100 in M&S vouchers if you switch

MABLE

karlie88 wrote: »

My Mum got her gift card yesterday.

Less than 30 days after opening the account.

She opened a Halifax Reward Current Account today and started the switch process which will commence tomorrow (from M&S to Halifax).

As soon as you get your gift card; there is no obligation to stay with them.

No obligation but I happy to stay with them for the £100 free overdraft.

I certainly do not want to be regarded as a tart. I have my reputation to consider!!

System

When I was FD, I certainly spoke with people who didn't sound like they were from either Leeds or Hamilton.

When I enquired, FD said they use HSBC Bank staff for a number of functions and many of these are overseas.

dicky73 wrote: »

I opened my FD account on Friday and the call centre worker was based in Leeds.

System

Possibly.

However, was it not initially a split venture with HSBC but M&S sold their half to HSBC.

MABLE wrote: »

But also remember MKS have their own banking license so that cosy arrangement may change in time.

Frank121

Dragonfly1 wrote: »

I have never used the switching service, nor attempted one of these bonuses.

Could I absolutely clarify this is the best way of doing things?

I apply online for an M&S Premium (Premier?) account at a cost of £10 / month
Via some post / phone calls, I finally have a fully functional account.
I then call the switching service to transfer a dormant (with no SO/DDs) into the M&S account.

At this point (within 1 month), I receive £100 and £50 giftcard and some coffee vouchers.

After 3 months, I downgrade to a free M&S current account.

--

Have I understood that correctly?
Thanks

Yes that how I have done it. Factor in about 20 mins for the first phone call and 10 minutes for the second.

After applying for the account it takes about 2 weeks before the account is fully functional. (debit card and internet banking e.t.c) I would wait till then before instructing the switch.

Good Luck.

xyz123

Frank121 wrote: »

Yes that how I have done it. Factor in about 20 mins for the first phone call and 10 minutes for the second.

After applying for the account it takes about 2 weeks before the account is fully functional. (debit card and internet banking e.t.c) I would wait till then before instructing the switch.

Good Luck.

is the premier account mandatory to get the switching incentive to avoid the hassle of canceling after 3 months?

hollie.weimeraner

No need to pay for the premier account the vouchers are available for the freebie as well http://bank.marksandspencer.com/banking/mands-current-account/overview/?WT.mc_id=MASM_PPC_NCA14 Good job really since I've just opened 2 to get £200 vouchers (£50 extra for the Premier account though)

vouch0r

xyz123 wrote: »

is the premier account mandatory to get the switching incentive to avoid the hassle of canceling after 3 months?

no but you get £50 extra + hot drinks vouchers... all displayed on the M&S site.

starM

Is it possible to downgrade the account after 3 months to standing none fee paying account?

How the 30 days notice will work?

MS

vouch0r

starM wrote: »

Is it possible to downgrade the account after 3 months to standing none fee paying account?

How the 30 days notice will work?

MS

i rang them while doing the switch and asked for the first day i can cancel, they downgrade you to a normal account.

easier just to ask them when you can cancel

Gaffy

Has anyone been able to log into their account in the last couple of days? It just keeps saying "We're sorry, but this service is not available at the moment."