MSE News: 'I made £800 switching bank again and again.'

MSE_Luke

We've published an updated version of this story today (8 Mar) but will leave this forum thread open... One MoneySaver made £800 just by switching bank account. Can you beat that?...

Read the full story:
''I made £800 switching bank again and again.' Is this Britain's biggest bank tart?'

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jimjames

Lightweight

HSBC £120 (plus £120)
Clydesdale £150
Halifax £125
M&S £100 (plus £120)
Nationwide £400 (2x £200)

Missed out on £100 at Co-op

Total £1135

Totally agree with the comment about HSBC though, by far the worst experience of all of the applications.

badger09

Cue YorkshireBoy:)

Must be summat in t' watter :rotfl:

badger09

jimjames wrote: »

Lightweight

HSBC £120 (plus £120)
Clydesdale £150
Halifax £125
M&S £100 (plus £120)
Nationwide £400 (2x £200)

Missed out on £100 at Co-op

Total £1135

Totally agree with the comment about HSBC though, by far the worst experience of all of the applications.

Well done jj. I was typing while you posted. I'm fairly sure YorkshireBoy will have surpassed your total though. In fact, he probably made more than that from one incentive:D

Tragen

I started with HSBC, so things have only got better for me lol.

3 switches so far, just under £500

ntb1

I've only played at this but so far

100 + 240 from HSBC - both me and wife did the ISA bit
100 + 120 from M&S

so nearly 500, just working on my next two

but also getting 5-6% interest on most my savings now

keiran

Good article to show folk how to do it, but it's not that great a payback.

I've never added up all my rewards/cashbacks/giftcards, etc but I made £2250 on my 15 Yorkshire Bank accounts alone....

ratechaser

£220 M&S
£150 FD
£378.75 (and counting...) Nationwide
£120 HSBC
£157.50 Coop
£100 Halifax
£100 TSB
£150 Yorkshire

£1376.25 once it all trickles in... not to mention the interest from regular savers and lump sums. Piece of cake if you have a bit of time.

And just to add that HSBC really are pants...

jimjames

keiran wrote: »

Good article to show folk how to do it, but it's not that great a payback....

Downside is MSE highlighting it to the masses....

neas

Lightweight, he should've switched 8 current accounts to YBS and Clydesdale bank when they were giving £150 for each current account switch, around 5 months ago. Earned £1200 from one bank alone plus a similar amount to him over time, so probably at £2000

jaydeeuk1

jimjames wrote: »

Downside is MSE highlighting it to the masses....

MSE highlighted matched betting to the masses 10 years ago where you can make far more in 1 day than 2 years worth of switching accounts, and thats still going (albeit not as lucrative nowadays)