Accounts to switch from to get the incentives

Everynamestaken

As an avid reader on here, I finally a few months ago started trying to get the best out of my money.

My next stage is on the verge of starting.

I have set up a coupke of accounts and closed them to get rewards, but I have some way to go. my question is what other accounts can I use to switch from? For example I don't really want to set up a brand new account from a different bank which I've never used before, when it would be so much easier just to switch from an online saver that I set up online last night from my halifax account.

Had a brief look on google and don't think I am on the right lines as I think it has to be a CURRENT account. I would however like a few ideas as to how I can set up accounts in double quick time before switching them for the incentives.


Thanks in advance

YorkshireBoy

The 'quickest' current accounts to open will probably be those with a provider you already have an account with.

You say you've "set up a couple of accounts and closed them to get rewards", but why did you close them? They'd have been better kept open and used for future switching offers. Bear that in mind for the future.

Everynamestaken

YorkshireBoy wrote: »

The 'quickest' current accounts to open will probably be those with a provider you already have an account with.

You say you've "set up a couple of accounts and closed them to get rewards", but why did you close them? They'd have been better kept open and used for future switching offers. Bear that in mind for the future.

Closed them to get the rewards. Sorry my terminology wasn't perfect there.
Just to explain, for example a natwest account I had was closed via the switching service to get an halifax account.

Actually, when I did open my halifax, I complained at the service as they opened me 3 current accounts and were in general extremely incompetent. They gave me an extra £100 for the inconvenience. He then told me he was going to close the other 2 current accounts that were opened by mistake. As I was getting an extra 100 pound out of them, I didn't have the brassneck at the time to tell him to keep them open. As soon I put the phone down, I had realised my mistake.

YorkshireBoy

Who, aside from Halifax, do you have current accounts with at the moment?

badger09

Everynamestaken wrote: »

For example I don't really want to set up a brand new account from a different bank which I've never used before, when it would be so much easier just to switch from an online saver that I set up online last night from my halifax account.

Had a brief look on google and don't think I am on the right lines as I think it has to be a CURRENT account. I would however like a few ideas as to how I can set up accounts in double quick time before switching them for the incentives.


Thanks in advance

You will only get a switch incentive for a CURRENT account.

The quickest/easiest way would probably be to set up additional an current account with whoever you have current accounts with at the moment.

However, you might also want to think a bit longer term. If you have any savings in low interest savings accounts or cash ISAs, you might consider opening current accounts with say TSB, for the 5% interest cool:

anoncol

I recently ended up opening a Tesco current account as a donor.