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Yorkshire & Clydesdale Banks offering £150 for switching

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Comments

  • LplateSaver
    LplateSaver Posts: 351 Forumite
    The new switch offer is online, with changed T&Cs as I expected

    "Personal or Private Accounts. Max of one payment per person or joint account. Excludes internal transfers and those who have already qualified for £150 for switching to Clydesdale or Yorkshire Bank. Subject to status and eligibility. Offer can be withdrawn without notice."

    http://www.cbonline.co.uk/resources/0956a153-3298-45a4-93e9-2d502d2bd3a4/079365-CA_CB_Cash-Incentive-TandCs.pdf
  • Hi there, to qualify for the £150 do i need to deposit £1000 after the switch is complete, or can the £1000 be transferred across from my old bank account. i have done the latter, just need to check if I need to withdraw it, and deposit again. Thanks,
  • Yorkshire_Pud
    Yorkshire_Pud Posts: 1,966 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 10 March 2015 at 4:33PM
    Hi there, to qualify for the £150 do i need to deposit £1000 after the switch is complete, or can the £1000 be transferred across from my old bank account. i have done the latter, just need to check if I need to withdraw it, and deposit again. Thanks,

    As long as your old bank account that is being switched was with another bank, not YB or CB I believe it counts as a deposit for the incentive as long as its £1,000 or more. Check T&C to confirm! If I'm wrong please someone say!

    If the balance from the switched account is less than £1,000 that can just be topped up to £1,000 (I think).
  • derrick
    derrick Posts: 7,424 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The new switch offer is online, with changed T&Cs as I expected

    "Personal or Private Accounts. Max of one payment per person or joint account. Excludes internal transfers and those who have already qualified for £150 for switching to Clydesdale or Yorkshire Bank. Subject to status and eligibility. Offer can be withdrawn without notice."

    http://www.cbonline.co.uk/resources/0956a153-3298-45a4-93e9-2d502d2bd3a4/079365-CA_CB_Cash-Incentive-TandCs.pdf


    As above plus:

    Full switch time is now 31 days, (was 21), to complete.

    Switch at least 2 DD's and maintain a minimum of 2 active DD's at least until the incentive is paid.

    Credit account with at least £1000.00 per month

    Incentive paid within 70 days, (was 60), but has been much less.

    You can only benefit from this offer once, offer commences 9 March 2015. We may withdraw offer at any time...............


    .
    Don`t steal - the Government doesn`t like the competition


  • Yorkshire_Pud
    Yorkshire_Pud Posts: 1,966 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Time to start a new thread for the 9th March offer or its going to get very confusing beyond the above posts illustrating its a different offer!?
  • MARTYM8`
    MARTYM8` Posts: 1,212 Forumite
    Eighth Anniversary 1,000 Posts
    derrick wrote: »
    As above plus:

    Full switch time is now 31 days, (was 21), to complete.

    Switch at least 2 DD's and maintain a minimum of 2 active DD's at least until the incentive is paid.

    Credit account with at least £1000.00 per month

    Incentive paid within 70 days, (was 60), but has been much less.

    You can only benefit from this offer once, offer commences 9 March 2015. We may withdraw offer at any time...............


    .


    Yes based on the posters in branch no one who has received a £150 payment since 17 November (or is due to receive one under the pre 28 Feb offer) is eligible - so that rules out most people on here.
  • SevenOfNine
    SevenOfNine Posts: 2,392 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Time to start a new thread for the 9th March offer or its going to get very confusing beyond the above posts illustrating its a different offer!?

    I second THAT!
    This is correct ....however.....

    Spoke to an 'advisor' (!!!) who told me about these limits. Explained that wanted to transfer £1000 all to the same account.

    SPECIFICALLY asked her whether making four payments (3 X £300 and 1 X £100) one after the other to the same account might trigger a security alert ...... no she said ....will be fine

    I'll leave you to guess...... so another lengthy phone call to get payment released......

    I fear some of us are definitely having to 'earn' our £150 by chasing about.

    Seems like the safest option to move more than 1x£300 without waiting/getting the 'token' thing (or being tripped up altogether like nearlyretired2004) is just to do it using the telephone banking where the limit is £5000, odd so much higher.
    Seen it all, done it all, can't remember most of it.
  • Yorkshire_Pud
    Yorkshire_Pud Posts: 1,966 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    YB own site says the limit for a faster Payment is £15,000.

    How one attains the right to use such a facility is in the hands of the Gods or maybe you have to serve an apprenticeship in fiscal prudence to climb up the slippery pole of privilege!:D
  • phil7445
    phil7445 Posts: 485 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 10 March 2015 at 5:29PM
    Yay it's back!! But oh no about having to switch direct debits now!! I don't have any direct debits in the account I want to switch. So sounds like I need to switch some direct debits to my old account I want to close then switch them again. Ugh!

    Just thought I suppose I can create 2 direct debits with some charities so I am helping others too!
  • castle96
    castle96 Posts: 2,989 Forumite
    Part of the Furniture 1,000 Posts
    Yay it's back!!

    Not on their sites yet ..... ?

    2 ddms needed then - yes?

    Same phone Nos, etc, ie must ring them ?

    More info please
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