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How long do i need to hold a NEW Account for?
Joeread
Posts: 54 Forumite
Hi all
I got a new account with first direct about 5 months ago to get the £150 bonus for joining, i have 2 questions
1. How long do you usually need to hold this account before you can switch to another without loosing the £150?
2. Does opening accounts to get the free bonus effect your credit score? if so how badly does it effect it?
Thank you
I got a new account with first direct about 5 months ago to get the £150 bonus for joining, i have 2 questions
1. How long do you usually need to hold this account before you can switch to another without loosing the £150?
2. Does opening accounts to get the free bonus effect your credit score? if so how badly does it effect it?
Thank you
0
Comments
-
1. You don't! But why would you switch now and lose out on the £100 leaving present you could get next month?...unless you haven't read the T&Cs and prepared for such an opportunity?
2. Yes (with CRAs, but that doesn't matter because they don't lend money). Who knows? Does it even matter? No.0 -
YorkshireBoy wrote: »1. You don't! But why would you switch now and lose out on the £100 leaving present you could get next month?...unless you haven't read the T&Cs and prepared for such an opportunity?
Glad I read this
The leaving present had slipped my mind 
my 6 months are up in couple of weeks. Means I'd have to close my regular saver as well but that's not a major issue. Time to look at another switch I think Thanks for the reminded Yorkshire Boy Save 12K in 2020. Number 130
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