Switching bank accounts

jackdeuce

Hi
I've been considering switching bank accounts to cash in on the offers but am not too sure as I've never switched before. I currently have 2 current accounts, an everyday saver and a cash ISA all with barclays.
One of the current accounts, let's call it 'account 1' I do not use and haven't for some time because of old pay day loans.
My other current account, 'account 2' is where my salary is paid into and I want to keep it this way.
Would it be possible for me to switch my 'account 1' and keep the others?

I realise that there are certain conditions ie paying in a certain amount each month (could I get around that by transferring money in myself?)
And at least 2 direct debits.. (think I read that I could set up small direct debits for charitable donations? If so do these need to be set up first in the account that I'll be switching from? Or can I set them up once I have the new account?)

The only other concern I had about switching was the effect it could have on my credit score, I am trying to rebuild my credit at the moment and having a long history with my bank is one of my only positive factors I have in my favour.

Sorry for all the questions and thank you to anyone who takes the time to answer. :beer:

YorkshireBoy

jackdeuce wrote: »

Would it be possible for me to switch my 'account 1' and keep the others?

Yes.

I realise that there are certain conditions ie paying in a certain amount each month (could I get around that by transferring money in myself?)

Yes.

And at least 2 direct debits.. (think I read that I could set up small direct debits for charitable donations?

Yes you could, but not all switching incentives require DDs.

If so do these need to be set up first in the account that I'll be switching from? Or can I set them up once I have the new account?)

They need to be switched.

The only other concern I had about switching was the effect it could have on my credit score, I am trying to rebuild my credit at the moment and having a long history with my bank is one of my only positive factors I have in my favour.

If you retain the other current account you'll still retain the history. Don't go mad with the applications and see how you go.


That said, the old PDLs might be a problem!