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Cancel account then reopen can i get bank bribe again??

HI

I closed my nationwide account last month, can I reopen a new one and get the cashback they are offering? same with first direct and any other bank.

I couldn't find this on the forum please link me to the answer if there is one.

Thank you

e

Comments

  • badger09
    badger09 Posts: 11,643 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It depends on the specific bank's T&C and the T&C of the particular offer.

    Are you just talking about cashback (from a cashback site) or switching incentives?

    Many banks will only pay a switching incentive once.
  • Just talking about the banking bribe.
  • Paul_1977
    Paul_1977 Posts: 992 Forumite
    I doubt it.

    Which incentive do you want to get, I can't find anything apart from the refer a friend deal.
  • I was thinking the co op deal
  • alternate
    alternate Posts: 715 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Almost every (I would say every but have not read them all myself) T&C excludes you getting the offer twice.

    I believe Yorkshire bank once failed to include such an exclusion and many people cashed in. I imagine most banks will have heeded their misfortune.
  • eskbanker
    eskbanker Posts: 37,842 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I was thinking the co op deal
    Same advice as a year ago, check the Ts& Cs to see if you're eligible:
    http://www.co-operativebank.co.uk/currentaccounts/currentaccount#switchingTsCs
  • societys_child
    societys_child Posts: 7,110 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 15 July 2016 at 3:40PM
    On the Coop banking home page, under the headline:
    £150
    New customers must complete a full switch to The Co-operative Bank using the Current Account Switch Service and switch at least 4 active Direct Debits.
    Offer can be withdrawn at any time.
    Excludes recipients of previous switching incentives.
    Terms apply.

    It's difficult to miss . . .
  • Yorkshire_Pud
    Yorkshire_Pud Posts: 1,966 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 15 July 2016 at 3:51PM
    HI

    I closed my nationwide account last month, can I reopen a new one and get the cashback they are offering? same with first direct and any other bank.

    I couldn't find this on the forum please link me to the answer if there is one.

    Thank you

    e

    You aren't 'reopening' an account! You can open a new one, Nationwide won't give you an incentive unless its Refer a Friend subject to its T&C.

    And there you have it. Its all down to individual account, Co-op whoever, T&C which means reading up all the boring stuff to make sure it suits you as an individual.

    You mention Nationwide then Co-op it doesn't add up!:cool:

    There's a Quick Link at the head of this page to Best Bank Accounts, worth a read to get you started.
  • HI

    I closed my nationwide account last month, can I reopen a new one and get the cashback they are offering? same with first direct and any other bank.

    I couldn't find this on the forum please link me to the answer if there is one.

    Thank you

    e
    Halifax won't give you another incentive if you've had one previously.
    DEBT FREE!

    Debt free by Xmas 2014: £3555.67/£4805.67 (73.99%)
    Debt free by Xmas 2015: £1250/£1250 (100.00%)
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