Open a new HSBC advance account after switching a new account?

Tragen

In short, earlier this year, (feb) I opened an HSBC (standard) account and switched another account for the incentive (£120). 1 month after getting the incentive, I switched it to another bank, partly because HSBC were absolutely terrible for the short time I was with them.

So I have opened, switched and closed an HSBC account earlier this year.

I want to open an HSBC advance account now, to take advantage of the 5% saver.

Does anyone have experience from this, am I likely to be rejected because of my previous activity?

YorkshireBoy

Just in case nobody replies who has been in EXACTLY the same situation as yourself, what about M&S or FD instead? Or Nationwide? Or maybe you already have all those?

Tragen

I've had an FD account and switched that (oops) too. Not M&S though.

I have a nationwide, lloyds, bos (need to look into more than 1 though), halifax and tsb.

My circumstances changed 4 or 5 months ago so I am now able to save 2-3k a month, whereas before I was just going for incentives.

YorkshireBoy

Tragen wrote: »

I have a nationwide, lloyds, bos (need to look into more than 1 though), halifax and tsb.

Just to be clear, I was referring to the Flexclusive Regular Saver, not their FlexDirect current account.

Tragen

YorkshireBoy wrote: »

Just to be clear, I was referring to the Flexclusive Regular Saver, not their FlexDirect current account.

Thanks for the pointer, I did not know about that!

Tragen

Offtopic, I opened the club lloyds account today and have set up the 2 DD's. If I pay in the 5k today, will I start earning interest this month and will I get an interest payment at the beginning of Dec?

YorkshireBoy

Tragen wrote: »

Offtopic, I opened the club lloyds account today and have set up the 2 DD's. If I pay in the 5k today, will I start earning interest this month and will I get an interest payment at the beginning of Dec?

The DDs will need to pay out generally in order to receive interest. But I seem to remember that, in the first month, like the fee being waived if you don't pay in £1,500, interest is also paid if the DDs don't pay out.

Things may have changed since I upgraded to Club a good while ago though, so don't rely on it still being the case!

Tragen

the 5k I pay in this month should meet the min pay-in amount, and the "supermarket bank" DD's will pay out on the 15th and 16th.