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Yorkshire & Clydesdale Banks offering £150 for switching

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Comments

  • liamcov
    liamcov Posts: 646 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Is this offer still available for the £150?
  • eskbanker
    eskbanker Posts: 37,423 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
  • SuperAllyB
    SuperAllyB Posts: 881 Forumite
    Part of the Furniture 500 Posts Name Dropper
    badger09 wrote: »
    Being a moderate sort, I only went for £300 and am actually using the Direct as a current account :eek: How quaint :rotfl:

    Could almost be my post lol. Only noticed today that there is no way to turn off paper statements - not many banks left like that.
  • roydog2
    roydog2 Posts: 32 Forumite
    Ninth Anniversary Combo Breaker
    Hmm,
    I too queried where the £150 had got too as I hadn't received it and now 38 days since switch.
    CB stated it would not be paid until at least 70 days had passed. So god knows when it will come if ever...


    Cheeky Cb also charged me £15 for going overdrawn with a standing order that I had already cancelled. They have refunded it now after a polite conversation.
  • afmfifgh
    afmfifgh Posts: 281 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I would have asked for a Goodwill Gesture for the inconvenience and wasted time caused by them. I would expect about £50 from them for that.

    Worth firing off an email to their complaints department.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    roydog2 wrote: »
    Cheeky Cb also charged me £15 for going overdrawn with a standing order that I had already cancelled. They have refunded it now after a polite conversation.
    Have they also agreed in writing to remove/not submit any derogatory information to the credit reference agencies?


    It's all well and good getting some cash, but there are/should be more important things to address.
  • afmfifgh
    afmfifgh Posts: 281 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    MARTYM8` wrote: »
    I gather you can have 4 sole current accounts with NW – with as many flexaccounts as you want?

    Maybe crossed wires but just incase you think you can have multiple FlexDirect accounts paying 5%:
    Opening multiple FlexDirect accounts: Under the terms and conditions of this account customers are only entitled to one promotional credit interest rate of 5% AER. (4.89% gross p.a). The only permitted exception to receive more than one promotional rate is if the additional account is held in joint names.

    Any additional FlexDirect accounts held or more than one joint account held by you and another customer will result in the credit interest rate being reduced from 5% (4.89% gross p.a) to 1% gross p.a/AER (variable) within 7 working days of the account being opened.

    If you have previously held a FlexDirect account in the last 12 months, you will not be entitled to the introductory rate or offer under a new agreement and therefore you will receive the standard 1% gross p.a/ AER (variable) interest rate.

    My one has recently matured/been open for 12 months so it looks like I have to close it and not open another for 12 months - shame as was a good rate.
  • julield
    julield Posts: 3 Newbie
    Hi All, new to forum and switched to YBS on the 1st April from Nationwide, I believe I have met all the criteria. Any idea when I'm to realistically receive my £150?
  • MARTYM8`
    MARTYM8` Posts: 1,212 Forumite
    Eighth Anniversary 1,000 Posts
    roydog2 wrote: »
    Hmm,
    I too queried where the £150 had got too as I hadn't received it and now 38 days since switch.
    CB stated it would not be paid until at least 70 days had passed. So god knows when it will come if ever...


    Cheeky Cb also charged me £15 for going overdrawn with a standing order that I had already cancelled. They have refunded it now after a polite conversation.

    Don't the new terms state 70 days? So they are perfectly entitled not to pay the £150 for 70 days.

    The previous offer had a deadline of 60 days post switch/£1k - and yes they generally paid out after 35 days - but they didn't have to.

    Only if you don't get the £150 after day 70 have you a right to complain.

    " £150 will be paid into your account within 70 days of your switch completing provided qualifying criteria are met"

    http://www.ybonline.co.uk/personal/current-accounts/switch-offer
  • MARTYM8`
    MARTYM8` Posts: 1,212 Forumite
    Eighth Anniversary 1,000 Posts
    julield wrote: »
    Hi All, new to forum and switched to YBS on the 1st April from Nationwide, I believe I have met all the criteria. Any idea when I'm to realistically receive my £150?

    70 days from the 1 April is roughly 10 June - so any time before then.
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