Switching to M&S for £100?

cjw

Hi,


I've a current account that I hardly use, so I've no SO or DD on it. So if I switch to M&S, to qualify for the £100 gift card, do you need to have standing orders or direct debits set up on your old account to switch to M&S to complete the deal?

vouch0r

What do the M&S switch T&Cs say....?

cjw

[FONT=M&SLondon-Regular][FONT=M&SLondon-Regular]If you meet all the following requirements, you will
qualify for the switching offer described in clause 2
below:
a) from 17 February 2015 you must apply for, and
successfully open, an M&S Premium Current
Account or M&S Current Account (“Qualifying
Account”). This means that you must have met
all our identification and address verification
requirements and the account eligibility criteria;
b) within 6 months from the date you opened the
Qualifying Account you must have switched
your account to us using the Current Account
Switch Service. You must complete a full switch
of your old bank account to M&S Bank through
the Current Account Switch Service initiated
through our bank branches or by calling us on
0345 900 0900. Where your Qualifying Account
is a joint account, this requirement must be met
by at least one of the joint account holders;
c) you must be switching your banking to us from
another UK bank or building society, and
d) you must not have previously used the Current
Account Switch Service or submitted a ‘Switching
your standing orders and Direct Debits’ form to
us for either of your M&S current accounts
(whether or not they are currently open) in order
to be eligible for the offe
[/FONT][/FONT]

arbster

The answer to your question is in there somewhere, assuming you have the full T&Cs, not just the part you posted.

fly-catchers

I set up an M&S current acount partly for the linked 6% saving account but also for the £100. Alas my very old but still active (just) Cahoot account does not qualify!!

planteria

i would double check that, as per the other thread.. perhaps M&S don't have Cahoot on their system, but if it is labelled 'Santander' it might work for you?

fly-catchers

I persevered with moving my Cahoot account to M&S and eventually they agreed and got my £100 gift card today!

badger09

fly-catchers wrote: »

I persevered with moving my Cahoot account to M&S and eventually they agreed and got my £100 gift card today!

Thanks for taking the time to report back. It might help someone else .

firsttimemover

Can I just double check that this is still the case? I opened an m&s account last month and am just about to switch my old flex direct account (no dds). I can't see that their terms have changed but under the best accounts page of this website it says:

To get the bonus you must open the account using the links above by 30 September, and fully switch at least two direct debits, using M&S Bank's switching service within six months.

But I can't see that on the m&s site. Is that just for the additional dine in for £10 voucher?

Dird

firsttimemover wrote: »

But I can't see that on the m&s site. Is that just for the additional dine in for £10 voucher?

I'm not sure why you can't see it on the m&s site as it only shows the T&Cs for the £10 MSE deal. I complained to them via email about it.

Edit: seems they've reverted to the old T&Cs again now, good. Very quick reply to my feedback :shocked: (presume others also sent the same feedback)
Normal application = £100 voucher, no DDs
MSE application = £110 vouchers, 2 DDs

firsttimemover

Thank you! :beer: