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bank account to use for switching
vixen1500
Posts: 655 Forumite
Just wondering if you could open a 'basic' bank account to use to switch with to be able to qualify for switching bonus.
If so which ones are best and would I need to have it open for a minimum time before being able to switch?
If so which ones are best and would I need to have it open for a minimum time before being able to switch?
Typically confused and asking for advice
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Comments
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The most recent thread - one of many: Best account to open and switch from0
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Just wondering if you could open a 'basic' bank account to use to switch with to be able to qualify for switching bonus.
If so which ones are best and would I need to have it open for a minimum time before being able to switch?
Depends who you are switching with - some will require the debit card details when you apply and others will not. After application in can take 4 or 5 days to receive the debit card.
If you want speed try Natwest - in my experience they are very quick re opening and card dispatch. Have your passport to hand on line and another debit card - as they normally do online ID verification which speeds the process up.
http://personal.natwest.com/personal/current-accounts/compare-current-accounts/basic-account.html
Plenty of others however - Barclays and the Co-op require a branch visit for their basic account but most allow online applications.0 -
Thanks for both your replies - needs an account so hubby can do Co-op then m&s to open new 6% saverTypically confused and asking for advice0
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Why not get two donor accounts and do both together? Realistically, you could be well over 2 months away from Co-op paying out. Will the M&S offer still be around then?needs an account so hubby can do Co-op then m&s to open new 6% saver
And don't forget the DDs on the Co-op donor account!0 -
Thanks will try nat west then swop to M&S
then see if I can do him another for Co-opTypically confused and asking for advice0 -
where can you get 6% please?0
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It's a new regular monthly saving account with M&S bank account - same as first directTypically confused and asking for advice0
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