Top Bank Accounts Discussion Area

badger09

I rarely log into my HSBC Advance account on my laptop. I prefer the app on my phone.

OP have you tried the app? No whistles or bells, but it does what I want, and fingerprint login (with appropriate phone) means you don't need to remember anything;)

I've had mine for several years and will keep it for the 5% regular saver.

colsten

badger09 wrote: »

I rarely log into my HSBC Advance account on my laptop. I prefer the app on my phone.

OP have you tried the app? No whistles or bells, but it does what I want, and fingerprint login (with appropriate phone) means you don't need to remember anything;)

I've had mine for several years and will keep it for the 5% regular saver.

Much the same here. The main purpose for my HSBC Advance is their Regular Saver. I used to log in on the PC once a month to xfer the monthly payment out into another account I have been using the app for it for some time now.

nik_k

Hi knowledgeable folk of the MSE forum

I'm about to switch to FD (already got the account open) and just need some advice on how to qualify for their switch incentive. Specifically I'm wondering how many direct debits I'll need to move? I'd rather not switch my main current account, so am thinking I'll switch another of my accounts which has a couple of DDs.

Apart from the DD question, my understanding is that I'll need to fully switch and close the existing account and pay in at least £1,000 within three months of the account opening. Then, after six months, pay in £1,000 each month to avoid a £10 monthly fee. Is this right?

Steve_xx

nik_k wrote: »

Hi knowledgeable folk of the MSE forum

I'm about to switch to FD (already got the account open) and just need some advice on how to qualify for their switch incentive. Specifically I'm wondering how many direct debits I'll need to move? I'd rather not switch my main current account, so am thinking I'll switch another of my accounts which has a couple of DDs.

Apart from the DD question, my understanding is that I'll need to fully switch and close the existing account and pay in at least £1,000 within three months of the account opening. Then, after six months, pay in £1,000 each month to avoid a £10 monthly fee. Is this right?

Yes, that's right. I don;t think that the FD account requires Direct Debits.

PRAISETHESUN

nik_k wrote: »

Hi knowledgeable folk of the MSE forum

I'm about to switch to FD (already got the account open) and just need some advice on how to qualify for their switch incentive. Specifically I'm wondering how many direct debits I'll need to move? I'd rather not switch my main current account, so am thinking I'll switch another of my accounts which has a couple of DDs.

Apart from the DD question, my understanding is that I'll need to fully switch and close the existing account and pay in at least £1,000 within three months of the account opening. Then, after six months, pay in £1,000 each month to avoid a £10 monthly fee. Is this right?

Correct - only need to pay in £1000 in the first three months to qualify - no requirement for DDs.

Also, a nice hack to avoid the monthly fee without the pay in is to open one of their "savings accounts" (not the 5% regular saver), whack £1 in it and then you never need to pay the fee again

nik_k

Steve_xx wrote: »

Yes, that's right. I don;t think that the FD account requires Direct Debits.

I don't need to move any DDs? In which case my life is made much easier...I'll just switch a completely dormant account! Unless there are any issues with doing that?

nik_k

PRAISETHESUN wrote: »

Correct - only need to pay in £1000 in the first three months to qualify - no requirement for DDs.

Also, a nice hack to avoid the monthly fee without the pay in is to open one of their "savings accounts" (not the 5% regular saver), whack £1 in it and then you never need to pay the fee again

Wow, not needing to move DDs is great! I'll switch a dormant account which I haven't used in ages.

Thanks also for the advice re savings account

Steve_xx

nik_k wrote: »

I don't need to move any DDs? In which case my life is made much easier...I'll just switch a completely dormant account! Unless there are any issues with doing that?

Yes, a doormant account will be just fine to switch.

glaister

Can you get the new Natwest switching bonus if you've got a switching bonus from them before?

Steve_xx

glaister wrote: »

Can you get the new Natwest switching bonus if you've got a switching bonus from them before?

If you have previously taken part in any cashback offer to switch to NatWest (including from Royal Bank between October 2017 and May 2018), you won't be eligible for this offer. Offer can be withdrawn at any time.