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Yorkshire & Clydesdale Banks offering £150 for switching

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Comments

  • anoncol
    anoncol Posts: 982 Forumite
    MARTYM8` wrote: »
    Yes - which says you need to credit your account with £1,000 within a month of your switch.

    Well I intend to keep my account at least £1,000 in credit to comply with this in the strictest possible sense until the £150 is received. 2% interest is better than any non current account instant access by some way so its hardly an issue!

    Its been a mighty struggle to get this far - the most complex account opening process I have ever encountered. So am taking no chances!

    They don't say to keep 1k in the t&c. It says pay it in and nothing more.
  • I can tell you now, I have more than one switch going through, and just as soon as the £1K credit arrives it will be withdrawn again (less a sum retained to meet a couple of SOs I've put on the old account...just to show willing!), and I fully expect to get my incentive payments. :)
    anoncol wrote: »
    They don't say to keep 1k in the t&c. It says pay it in and nothing more.

    Does it not matter if I put two £500 from two different accounts to Clydedale account so the total would be £1000? I will then withdraw it next day or even on same day.
    You will only fail to learn if you do not learn from failing.

    Save 2015 - #097 £600/£7000
    CC Outstanding #1: £2544 02/2017 #2: £398 09/2015 #3: £363 08/2015
  • Hooloovoo
    Hooloovoo Posts: 1,281 Forumite
    I can tell you now, I have more than one switch going through, and just as soon as the £1K credit arrives it will be withdrawn again (less a sum retained to meet a couple of SOs I've put on the old account...just to show willing!), and I fully expect to get my incentive payments. :)

    How are you getting more than one switch incentive?
  • castle96
    castle96 Posts: 2,987 Forumite
    Part of the Furniture 1,000 Posts
    How are you getting more than one switch incentive?

    One with Cldes and one with Yorks (though Yorks is hard work !)
  • Hooloovoo
    Hooloovoo Posts: 1,281 Forumite
    castle96 wrote: »
    One with Cldes and one with Yorks

    I thought they were combined and the switching incentive counted for both?
    (though Yorks is hard work !)

    You're not wrong!
  • Hooloovoo wrote: »
    I thought they were combined and the switching incentive counted for both?
    Plough back through this thread (if you dare) and you'll find some discussion on this point.
    Are you for real? - Glass Half Empty??
    :coffee:
  • Just completed my switch today...on the 20th day since I signed the form so only one day to spare! I actually requested a switch completion date on December 12th but they must have moved it back to give them a bit more time.

    Now just to transfer £1000 in and wait for my £150!
  • castle96
    castle96 Posts: 2,987 Forumite
    Part of the Furniture 1,000 Posts
    Does it not matter if I put two £500 from two different accounts to Clydedale account so the total would be £1000? I will then withdraw it next day or even on same day.

    No it does not matter. £1000 total needed
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hooloovoo wrote: »
    You're not wrong!

    I reserve judgement until somebody has actually been paid.
  • Hooloovoo
    Hooloovoo Posts: 1,281 Forumite
    edited 16 December 2014 at 2:24PM
    Plough back through this thread (if you dare) and you'll find some discussion on this point.

    I did but YorkshireBoy edited his post and deleted the key details :o

    Just tried the Clydesdale branch finder. Not many are there? I guess it's a phone job.
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