Offer £250 to switch to Clydesdale, Yorkshire or B

Midland45

NathanMorgan wrote: »

Will a DD payment need to come out first for it to show up in my new B account or will it show up within a few days after setting them up like you said?

The DD instruction will show on your account before any payments are drawn on it.

The_weedie

Credit your account with a total of at least £1,000 in the first 31 days after your switch and a further £1,000 in the following 31 days.

I read that as within the following 31 days, not after the 31 days.

soulsaver wrote: »

That won't work... unless you make a 3rd mid December, which shouldn't be too onerous.

The 2nd transfer must be AFTER the 1st 31 day period - ie in the 2nd 31day period after the switch.

Although I may be completely wrong.

--edit--

Ah it means, the following 31 days from that point Got it.

Only took re reading it! :j

clivep

The_weedie wrote: »

I read that as within the following 31 days, not after the 31 days.



Although I may be completely wrong.

--edit--

Ah it means, the following 31 days from that point Got it.

Only took re reading it! :j

There was some discussion earlier about this as the terms for the incentive ane not totally clear...

Does the 2nd deposit need to be
1. within 31 days of the end of the 1st 31 days
2. within 31 days of the initial deposit of £1000

i.e. what is being referred to in "following", is it the initial 31 days or the initial credit deposit.

I agree with soulsaver that it means 1. above but I will make a third deposit just to make sure (and also because my first deposit was done following my switch but on the same day and the t's and c's say "in the first 31 days after your switch" so does the same day count???).

[Deleted User]

Exactly, and is the switch day 1 or is the day after the switch day 1...

I'm just making multiple payments through the month. £200 here, £500 there.... as long as it all adds up to well over £1,000 in each say 28 day period they've got nothing to complain about!

The_weedie

Somerset_La_La_La wrote: »

Exactly, and is the switch day 1 or is the day after the switch day 1...

I'm just making multiple payments through the month. £200 here, £500 there.... as long as it all adds up to well over £1,000 in each say 28 day period they've got nothing to complain about!

It's bizarre but I guess it's to catch people out? My plan will be this;-

Switch date is 20/11, i'll transfer £1001 on 21/11, £1001 on the 22/11 And repeat it on 22/12 and 23/12.

That way regardless I'll 'pass' the quota if you will.

tempus_fugit

I always transfer money on the 28th of the month. My switch date was 9/11 so depositing over £1,000 on 28/11 and 28/12 should meet the terms and conditions the way I read them. Either way, the second payment would be within 31 days of the first one. I could pay it a day earlier just to make sure I guess.

Johntea

Thanks, I slept on it and decided even if I don't get the switch I might as well have the account as it'll be a good one to sacrifice for another switch offer in the future anyway!

drphila

moneysaver1969 wrote: »

Hi, does anyone know if the original terms and conditions stated you had to carry out a full switch and close the old account, when I applied online it came up with either full or partial and I opted for partial, now I have been contacted to say i’ll only get the £250 if I fully switch. Funny enough now it stats full switch only, but I’m sure it never said that before. Has anyone else had this problem ? Thank you.

T & Cs I downloaded on 27.10 definitely say full switch:

"The switch must be completed using the Current Account Switch Service*, which
involves the transfer of all active credit and debits from the account you hold
with another bank or building society, and the completion of an account closure
instruction for that account"

alipops1986

clivep wrote: »

There was some discussion earlier about this as the terms for the incentive ane not totally clear...

Does the 2nd deposit need to be
1. within 31 days of the end of the 1st 31 days
2. within 31 days of the initial deposit of £1000

i.e. what is being referred to in "following", is it the initial 31 days or the initial credit deposit.

I agree with soulsaver that it means 1. above but I will make a third deposit just to make sure (and also because my first deposit was done following my switch but on the same day and the t's and c's say "in the first 31 days after your switch" so does the same day count???).

I think i've got this sorted correctly, we switched our joint account on 6th November.

We'll have £2k transferred into the account on 24th Nov, as we use this account for all our bills, so £1K comes from my separate acc and another £1k from my husbands account.
This should easily meet the first 31 days - as deadline for that would be 6th December.

Then, we get paid on 22nd December, so again, another £2k as above going into the account by late December (due to xmas etc!) but definitely before the 31 day cut off of 5th January.

Plenty of Direct Debits set up and already ticking over.

Here's hoping it all goes through smoothly!!

Alipops x

bigadaj

Come on people it's not complicated.

The bank is offering an incentive for people to switch their one and only main current account, people on these boards are a minority and an exception. Also whilst people playing the system where are technically costing them money, then if you're the marketing department and you convince large numbers of people to switch then you've exceeded your targets.

So you transfer your account, which has your direct debits on it and your salary or other income credited, they get a new customer they can sell additional services to, and you get a small bribe.

Their terms and conditions then just assume you'll continue to operate this as your 'main' account, so dds come out every month, your salary or other income is credited every month.

They've caveated the incentive to make sure you actually retain the account and utilise it for 2-3 months, but it's not that complicated.