We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Switching when you have 2 accounts with 1 bank
Options
angel549
Posts: 60 Forumite
Hope someone can answer this for me as I can't get an answer anywhere else!
Basically, I have two bank accounts with Nationwide, one personal account and one joint account, plus a linked regular saver. I want to start doing the bank tart thing as use my personal nationwide account as the mule. BUT, I want to keep the joint account and regular saver open as im still benefiting from interest deals on these.
My question is - if I do the official bank switching on my personal Nationwide account (official process to get a cashback offer), will it close all of my accounts with that bank? Or only the one with that specific account number and sort code?
Thanks in advance to anyone who can answer this for me once and for all!
Basically, I have two bank accounts with Nationwide, one personal account and one joint account, plus a linked regular saver. I want to start doing the bank tart thing as use my personal nationwide account as the mule. BUT, I want to keep the joint account and regular saver open as im still benefiting from interest deals on these.
My question is - if I do the official bank switching on my personal Nationwide account (official process to get a cashback offer), will it close all of my accounts with that bank? Or only the one with that specific account number and sort code?
Thanks in advance to anyone who can answer this for me once and for all!
0
Comments
-
Switching will only close the account that you are switching, it will not affect any other accounts held within that bank.0
-
Hope someone can answer this for me as I can't get an answer anywhere else!
Basically, I have two bank accounts with Nationwide, one personal account and one joint account, plus a linked regular saver. I want to start doing the bank tart thing as use my personal nationwide account as the mule. BUT, I want to keep the joint account and regular saver open as im still benefiting from interest deals on these.
My question is - if I do the official bank switching on my personal Nationwide account (official process to get a cashback offer), will it close all of my accounts with that bank? Or only the one with that specific account number and sort code?
Thanks in advance to anyone who can answer this for me once and for all!
You will be fine. I had 5 current accounts with TSB and have just switched my 3rd account with them to Nat West. Still got the remaining 2 open.0 -
I have previously had two accounts with one bank. I was able to switch just one.Paid off the last of my unsecured debts in 2016. Then saved up and bought a property. Current aim is to pay off my mortgage as early as possible. Currently over paying every month. Mortgage due to be paid off in 2036 hoping to get it paid off much earlier. Set up my own bespoke spreadsheet to manage my money.0
-
When you switch you specify the account number and sort code you want to switch nothing else is affected0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards