re-123 a/c

joe134

Hi Guys, bit of advice would be grateful. I have a 132 A/c and wife has 2, both with £20k.I noticed on their site, that a joint A/c is possible, but with wife already having 2. is it?
Also, unlike last time, it must be a Switch of another A/c, which we have a few, 3 Lloyds old Vantage,sole, in wifes name; or a N/Wide Flexi,already joint, we never use.
Which is best way, IF possible?
got Tesco A/cs to set up DD's

thebritishbloke

I don't see why you wouldn't be allowed a joint account too. Might as well apply and give it a go.

Why does it have to be a switch?

joe134

thebritishbloke wrote: »

I don't see why you wouldn't be allowed a joint account too. Might as well apply and give it a go.

Why does it have to be a switch?

hi, don,t know ?
It wasn't,t before, they must have changed the rules ?

twotonealex

As an ex-Santander Employee I know the in's and out's.

When the 123 was first launched there wasn't underlying T's & C's stating a maximum amount of accounts (I came across a woman who had 4 once!), however recently (last year early on) they changed the conditions.

They can't really take the accounts away from you that you already have, however it'll probably refer if you do an application and later decline.

You can now have:

Husband: Sole
Wife: Sole
Husband & Wife: Joint

You're limited to one sole & one joint per customer, no other combinations any more eg. two sole, two joint etc.

Hope this clears things up. You're more than welcome to apply but I feel it will be an unnecessary credit search that will result in a decline.

HTH,
Alex

joe134

twotonealex wrote: »

As an ex-Santander Employee I know the in's and out's.

When the 123 was first launched there wasn't underlying T's & C's stating a maximum amount of accounts (I came across a woman who had 4 once!), however recently (last year early on) they changed the conditions.

They can't really take the accounts away from you that you already have, however it'll probably refer if you do an application and later decline.

You can now have:

Husband: Sole
Wife: Sole
Husband & Wife: Joint

You're limited to one sole & one joint per customer, no other combinations any more eg. two sole, two joint etc.

Hope this clears things up. You're more than welcome to apply but I feel it will be an unnecessary credit search that will result in a decline.

HTH,
Alex

OK, thanks Alex, thought it might be so, with wife having 2, which I should have got, and plus, Hindsight.:rotfl: Didn't want to spend wasted time on the phone;
No point trying, it would make wife 2 sole, and 1 joint, I'm ok 1 sole.:beer:
looks like NS&I 65+, didn't want to tie any more up, got practically every thing else.

colsten

twotonealex wrote: »

(I came across a woman who had 4 once!)

Wouldn't surprise me if she was one of those MSE multi-accounters :cool:

YorkshireBoy

twotonealex wrote: »

You're more than welcome to apply but I feel it will be an unnecessary credit search that will result in a decline.

Hopefully their systems would decline on a 'policy rule', meaning a credit search wouldn't be made.


But one (more!) credit search for a current account wouldn't worry me anyway.

joe134

YorkshireBoy wrote: »

Hopefully their systems would decline on a 'policy rule', meaning a credit search wouldn't be made.


But one (more!) credit search for a current account wouldn't worry me anyway.

It doesn't really bother me a credit search, , and don't need credit
In fact, I've never done a credit check on myself, too busy doing bloody kids and Grandkids.Sorting all their mess, otherwise I would be looking for more A/cs for myself;;That's my first New Year rant over..No more..
:beer:

joe134

colsten wrote: »

Wouldn't surprise me if she was one of those MSE multi-accounters :cool:

Well I never.Not me Guv::loose my little black book, and I'm in S***street. :rotfl:

thebritishbloke

joe134 wrote: »

It doesn't really bother me a credit search, , and don't need credit
In fact, I've never done a credit check on myself, too busy doing bloody kids and Grandkids.Sorting all their mess, otherwise I would be looking for more A/cs for myself;;That's my first New Year rant over..No more..
:beer:

You may as well just give the application a go then. Worst case scenario they say no. Best case scenario, they say yes.

joe134

thebritishbloke wrote: »

You may as well just give the application a go then. Worst case scenario they say no. Best case scenario, they say yes.

May just do that, they may have a bad day; he who dares and all that;;;;:beer: