Clydesdale/Yorkshire bank switch incentive - offer ending 31 March version

badger09

eskbanker replied when you posted the same question here:cool:

https://forums.moneysavingexpert.com/discussion/5435558

AliceBanned

Hello


Can anyone help - I just want to make sure I get this right to get the £150 bonus.


I have arranged a switch from a current account (First Direct) to Clydesdale which will have a £500 overdraft. It opens on 31 March. As I need to pay in £1000 and I may only just have it (due to closing the old account which would have had a £500 overdraft up to its limit by the end of my pay cycle) could I open the Clydesdale, take out some of the £500 overdraft, transfer it to another current account (I have two running at the mo) and then use some of that to pay in £1000?


On the other hand maybe I could just wait until my next payday (26 April) and pay in £1000 then, and then the following payday?


I've ended up cancelling a couple of DDs as I'm so worried I won't have the £1000 available at the right time.


I hope that makes sense! I only switched for the bonus incentive as I am trying to repay debts including overdrafts so £150 will come in handy towards this.

spiritus

WDUK wrote: »

I called them up to do the switch last week, and asked for it to complete on the 1st April. It's now within 7 business days of that date, and I've not heard anything from either bank (I'm switching from Barclays to YB). Other switches I've done in the past politely let me know via text when it's starting (Both Natwest and Halifax did this).

What's the process of switching with CB/YB? Is the phone call to switch sufficient, or do they require something done via the post as well? If it's the latter, I'm a tad concerned, as post might miss the 31st deadline.

Kinda wish it was as easy as the likes of Halifax, all online and automated.

They're quickly turning into a bl**dy nightmare for me !


I switched my a/c fairly easily but my mother is having major problems with them.


We're still waiting on activating her online banking as the text message they should have sent her hasn't arrived.........twice so now we await the activation code through the post.

bristolleedsfan

Switch took place 29th January, 150.00 paid today. :j

Lazos

Applied for an account on 30th - Spoke to them yesterday to confirm as long as I'd applied for account would I still available to get full £150 because T&Cs stated "...Has signed switch agreement by 31st" and was told I didn't need to sign the agreement as I applied online.

Account approved and opened today - 29 days to complete switch!
Can make first £1000 end of April
and 2nd £1000 beginning of May (again confimed as this is a new calender month it'll count as my second payment)

Just awaiting my donor account details to then add Tesco DD's. Wish me luck theres no hitches here

Mulligan1

Lazos wrote: »

Applied for an account on 30th - Spoke to them yesterday to confirm as long as I'd applied for account would I still available to get full £150 because T&Cs stated "...Has signed switch agreement by 31st" and was told I didn't need to sign the agreement as I applied online.

Account approved and opened today - 29 days to complete switch!
Can make first £1000 end of April
and 2nd £1000 beginning of May (again confimed as this is a new calender month it'll count as my second payment)

Just awaiting my donor account details to then add Tesco DD's. Wish me luck theres no hitches here

I've had a very similar experience to yours regarding eligibility dates and time for the switch to complete. I'm not sure why but there was initially a short delay in receiving a decision but it came through within a day by text and email. The Contactless Debit Mastercard arrived today (begins 5573 49 so presume it's a 'proper' card).

Looking forward to a cheeky £150, result

zak2012

I paid £1000 to my yorkshire this was first payment on 24/03/2016 so can i pay second £1000 on 24/April?or 25th? thanks

badger09

zak2012 wrote: »

I paid £1000 to my yorkshire this was first payment on 24/03/2016 so can i pay second £1000 on 24/April?or 25th? thanks

What conclusion did you reach when you read this?:cool:

badger09 wrote: »

eskbanker replied when you posted the same question here:cool:

https://forums.moneysavingexpert.com/discussion/5435558

inthesticks

My advice to those chasing the £150 incentive(like me)......don't bother!
When you open an account you don't find out til it's too late that you have to apply for paying slips(up to 14 days via snail mail)
They also don't tell you til it's too late that you cannot transfer £1000 to another of my accounts til you have a security token(up to another 7 days via snail mail) apparently this is BT's fault??
They also don't tell you til it's too late that when transferring money out of your account that Friday,Saturday and Sunday count as 1 financial day??????
Can't wait to see what the next **** up is and to transfer back out!

diamonds

inthesticks wrote: »

My advice to those chasing the £150 incentive(like me)......don't bother!
When you open an account you don't find out til it's too late that you have to apply for paying slips(up to 14 days via snail mail)
They also don't tell you til it's too late that you cannot transfer £1000 to another of my accounts til you have a security token(up to another 7 days via snail mail) apparently this is BT's fault??
They also don't tell you til it's too late that when transferring money out of your account that Friday,Saturday and Sunday count as 1 financial day??????
Can't wait to see what the next **** up is and to transfer back out!

Sounds like poor staff training, which I received consistently on the phone, branch staff were great, 3 times I tried to activate internet banking with the info provided with the activation, the website and telephone staff giving 3 different ways to activate...all which blocked activation and this cycled 3 times before I threw in the towel. Telephone staff were dumbfounded why 3 different activation procedures were in place for different parts of the bank and none worked. They did not even know how to escalate it given staff tech support were clueless to help them.

No wonder National Bank of Australia took the liability away and floated Clydesdale Banking Group with the majority shareholders being NAB shareholders.


NAB itself is a very efficient bank, a shame no NAB CEO spent time on Clydesdale to streamline it like NAB and instead treated it like a cash cow.