M&S Bank Acc Switch

colstu310

Hi,

got this weeks email & seen the offer of the £125 M&S gift card for switching to their bank account. If both my wife & I done this, would be £250 for M&S that would come in very handy for Xmas.

Bit confused with whats been stated though......
MSE summary says:
"Need to set up/switch direct debit or standing order? No."

However, when i check the T&C's on the M&S page it states:
"within 6 months from the date you opened the Qualifying Account you must have switched your account to us using the Current Account Switch Service. You must complete a full switch of your old bank account to M&S Bank through the Current Account Switch Service initiated through our bank branches"

I have never switched a bank account before so may be a bit naive with this.
Do the above statements not contradict each other?
If my account has no DD/SO & I switch the account, would this qualify?

thanks in advance

meer53

You don't need to have any standing orders or direct debits to switch an account. Thats what it means.

kpearsoncj

Yeah thats how i got the initial bcard. Just wondered if anyonne had good feedback about a paricular bank card as the interest rate is half comared to some .

zebedy

So, to get the M&S switching offer I can switch from a current account with no direct debits to the M&S account and still get the switching reward? Correct?

Can anyone suggest a fee-free current account that is quick to set up so I can get it and then switch to M&S and get the reward?

(I don't want to switch my real current account because it's too much hassle changing my account details with work to get salary paid to a different account. I've done it twice before and ended up that all DDs switched but my salary didn't switch over so i didn't have the money in the new account to pay the DDs!)

Steve_xx

zebedy wrote: »

So, to get the M&S switching offer I can switch from a current account with no direct debits to the M&S account and still get the switching reward? Correct?

Can anyone suggest a fee-free current account that is quick to set up so I can get it and then switch to M&S and get the reward?

(I don't want to switch my real current account because it's too much hassle changing my account details with work to get salary paid to a different account. I've done it twice before and ended up that all DDs switched but my salary didn't switch over so i didn't have the money in the new account to pay the DDs!)

Correct.

The Santander Everday Current Account will fit the bill.