Multiple accounts and switching bonuses

GreasyPalms

Hi all, apologies if this question has been answered before, but I have searched to no avail. I have a number of current accounts taking advantage of ongoing benefits such as cashback and high interest on savings. If I want to keep all of these but want to take advantage of switching bonuses, can I open another bog standard current account and use that to switch from one account to another, bagging all the tasty switching bonuses? If so, how often can you switch an account? Is there a minimum time you need to keep an account for, or is it all in the T+C's?

ceredigion

well I put "switching" in to the search and got 300!!! results
http://forums.moneysavingexpert.com/search.php?searchid=164485788

GreasyPalms

Yes you did. How many of them answered my question? Can you answer my question?

YorkshireBoy

The answers to your questions, in order, are:

1. Yes
2. At least 11 times in 8 weeks (others may have done more). EDIT: If I've misunderstood the question my other answer is you'll need to work it out from the incentive T&Cs.
3. No, other than Nationwide's RAF incentive.
4. The T&Cs are unlikely to set out how you can fleece them!