Top Bank Accounts Discussion Area

aidnolan

I received this in an email from NHSDiscounts.com

I haven't looked into it thoroughly yet, but it seems like a decent offer. I think it's only for NHS staff who either have to have an account, or create an account, on NHSDiscounts.com. As far as I know, I can't post a link to it, because you have to be signed up and logged in to see the offer

Take out a Current Account Plus with The Co-operative Bank and receive £150 to keep or donate to charity
If you want to bank with the Co-op your NHS discounts benefits will pay you £150 after 60 days of the account being operational. It's that simple. All the benefits of the account plus money to keep or donate as an exclusive staff bonus.

To qualify for the £150 cashback from NHSdiscounts.com you must apply for a Current Account Plus within the timeframe of 1/6/2010 to 31/7/2010 and your account must be credited with a minimum of £800 within 3 months of your account being opened.
Credit facilities provided by The Co–operative Bank are subject to status.
To open a current account, applicants must be UK residents and aged 18 or over. The bank reserves the right to decline any application.
The Co-operative Bank p.l.c. (Registered No. 990937) P.O. Box 101, 1 Balloon Street, Manchester, M60 4EP.
The Co-operative Bank is authorised and regulated by the Financial Services Authority (No. 121885) and subscribes to the Lending Code, is a member of the Financial Ombudsman Service and is licensed by the Office of Fair Trading (No. 006110).

atlantis187

aidnolan wrote: »

I received this in an email from NHSDiscounts.com

I haven't looked into it thoroughly yet, but it seems like a decent offer. I think it's only for NHS staff who either have to have an account, or create an account, on NHSDiscounts.com. As far as I know, I can't post a link to it, because you have to be signed up and logged in to see the offer

Take out a Current Account Plus with The Co-operative Bank and receive £150 to keep or donate to charity
If you want to bank with the Co-op your NHS discounts benefits will pay you £150 after 60 days of the account being operational. It's that simple. All the benefits of the account plus money to keep or donate as an exclusive staff bonus.

To qualify for the £150 cashback from NHSdiscounts.com you must apply for a Current Account Plus within the timeframe of 1/6/2010 to 31/7/2010 and your account must be credited with a minimum of £800 within 3 months of your account being opened.
Credit facilities provided by The Co–operative Bank are subject to status.
To open a current account, applicants must be UK residents and aged 18 or over. The bank reserves the right to decline any application.
The Co-operative Bank p.l.c. (Registered No. 990937) P.O. Box 101, 1 Balloon Street, Manchester, M60 4EP.

The Co-operative Bank is authorised and regulated by the Financial Services Authority (No. 121885) and subscribes to the Lending Code, is a member of the Financial Ombudsman Service and is licensed by the Office of Fair Trading (No. 006110).

Thanks for this mate,

Do u know if u have to switch direct debits etc.. or is it just a case of opening a new account to receive the £150

aidnolan

Here are the full T's & C's for this offer:

1. The offer is provided by NHS discounts.
2. The offer is subject to change and may be withdrawn at any time.
3. The offer is only available to NHS discount members. The offer is not open to anyone else who finds out about the offer unless they become a registered member of NHS discounts prior to making an application.
4. To qualify for the offer your application must be successful. The offer is open to new customers of The Co-operative Bank only and not available to existing Co-operative Bank customers. New customers opening a joint account with an existing sole account holder will not qualify. All product availability is subject to acceptance.
5. Joint account customers qualify for one cash amount or donation only.
6. Members must meet fully, all terms and conditions of the various products.
7. All products and services offered are subject to status.
8. The offer excludes The Co-operative Bank Cashminder and standard current accounts.
9. The offer will provide:
   • £15 cashback or charity donation for credit cards.
   • £50 cashback or charity donation for Privilege current account products.
   • £150 cashback or charity donation for Current Account Plus products - applications within the months of June and July with a minimum of £800 being credited to your account within 3 months of your account being opened.
   • £35 cashback or charity donation for Loan products.
10. The offer will be paid within 60 days of you meeting all the terms of your chosen product.
11. The £150 offer on the Current Account Plus is available until 30th June 2010. To eligible you must have submitted a completed application form by 30th June 2010 and have transfered your salary by 31st August 2010. (Minimum payment £800)

So it looks as though you only need to transfer your salary over and not all direct debits etc.
Here's a bit more info I found:




To have this account you must pay in at least £800 per month

• £200 fee-free overdraft
• No subscription fees
• A linked savings account
• Deposits and withdrawals from 14,000 Post Offices
• 61,000 link cash machines for easy access to cash

And more from the account T's & C's:

Current Account Plus
[FONT=Helvetica Neue LT,Helvetica Neue LT]1. To open and have a Current Account Plus you must be 18 or over, a UK resident and pay a minimum monthly credit of £800 into your account (if you do not your account may be converted to a standard Current Account). [/FONT]


I hope this helps

horngkai

In the T&C for NHSdiscounts deal, it seems to say at one point that one only need to credit GBP800 per month into the account to qualify. But the last T&C point stated transfering in salary. SO which is it then? Just creditting or salary transfer?

Pixy_2

All the recommendations are for switching accounts completely. I just want to open a 2nd current account in order to separate my finances from my partner's; I'll be paying c£3000 in a month but don't want to switch direct debits and standing orders. Oh, and I don't go into overdraft ... So which bank is best for me?

rb10

Pixy wrote: »

All the recommendations are for switching accounts completely. I just want to open a 2nd current account in order to separate my finances from my partner's; I'll be paying c£3000 in a month but don't want to switch direct debits and standing orders. Oh, and I don't go into overdraft ... So which bank is best for me?

Halifax. They'll give you a fiver a month.

(You can open the account without switching, you just won't get the extra £50 cashback as mentioned in the MSE newsletter. If you switched the joint account, then you could get the £50 cashback, and would then get £5 per month on both accounts.)

aidnolan

horngkai wrote: »

In the T&C for NHSdiscounts deal, it seems to say at one point that one only need to credit GBP800 per month into the account to qualify. But the last T&C point stated transfering in salary. SO which is it then? Just creditting or salary transfer?

It states that a condition of receiving the £150 cashback is transferring your salary to the account. Transferring your salary to the account has to happen by 31st August 2010. So, my answer would be both. The £800 in the first three months, then by the end of August your salary must also be transferred. This is my understanding of it.

Unfortunately I don't have any more information than what is given on the NHSDiscounts website and it is not laid out in a user-friendly manner.

However, there is a number listed on the site where they would probably be better equipped to respond to any further queries:
0800 917 7066

scorpianking02

Does anyone know if Alliance and Leicester still do the "refer a friend" scheme? Also when it says "you must pay at least £500 into your account each month". Do you have to keep that in your account or can you transfer it to another bank account straight away?

samjef11_2

scorpianking02 wrote: »

Does anyone know if Alliance and Leicester still do the "refer a friend" scheme? Also when it says "you must pay at least £500 into your account each month". Do you have to keep that in your account or can you transfer it to another bank account straight away?

Hope this helps
A&L Premier Current Account
Switch your account to us and receive £100 cashback

1To qualify for this offer you must switch all your Direct Debits using our Switching Service and meet the monthly funding requirements (you must pay at least £500 into your account each month).

To be able to have a Premier Current Account, you must be over 21 and pay at least £500 into your account every month (or fees may apply). Cash, cheques and your salary all count towards this monthly amount, and they can be spread out over the month.

NO I pretty sure you don't need to keep that £500 in the account at all and also click here for A&L refer a friend scheme.

gezzs

I've just completed transferring from Alliance and Leicester to First Direct (following good reviews on here). What a breath of fresh air!

First Direct have been extremely helpful at every stage. If I have phoned them - I speak to a REAL PERSON - not a 15 stage menu driven automated system - and they are quick to answer.

To be honest I'd planned to switch again after six months to get the additional £100 - but I don't think I'll bother. They are far better that A&L have been.

I recommend First Direct!:j