Do any Local Banks have Switching Perks?

edited 30 November -1 at 1:00AM in N. Ireland
5 replies 2K views
CottaCotta Forumite
3.7K Posts
✭✭✭✭
edited 30 November -1 at 1:00AM in N. Ireland
Hi All,

I never really hear any perks on offer from local banks in terms of switching bonuses. My question is do Ulster Bank, Bank of Ireland or Danske have any perks on offer for customers who switch to their accounts?

Thanks

Replies

  • AlwaysWorkingAlwaysWorking Forumite
    609 Posts
    Part of the Furniture 500 Posts Combo Breaker
    ✭✭
    I not sure of any of the 'local' banks do but I noticed at lunchtime that HSBC on Royal Avenue in Belfast are offering £200 to 'switch & stay'.
    "I believe that everything happens for a reason. People change so that you can learn to let go, things go wrong so that you appreciate them when they're right, you believe lies so you eventually learn to trust no one but yourself, and sometimes good things fall apart so better things can fall together." Marilyn Monroe
  • Cotta wrote: »
    My question is do Ulster Bank, Bank of Ireland or Danske have any perks

    Local banks listed offer little. I don't understand why anyone would bank with them when other high street banks offer so much more (in relative terms).
  • TammykittyTammykitty Forumite
    1K Posts
    Fifth Anniversary 500 Posts Name Dropper Combo Breaker
    ✭✭✭
    Local banks listed offer little. I don't understand why anyone would bank with them when other high street banks offer so much more (in relative terms).



    Because, unlike the other high street banks, the local banks have a presence in many of the smaller towns around the North.


    My nearest town has ulster bank, the next nearest has a first trust (and possibly a danske?)


    The nearest "other" high street bank is 12 mile away.
  • tara747tara747 Forumite
    10.2K Posts
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    ✭✭✭✭✭
    Local banks listed offer little. I don't understand why anyone would bank with them when other high street banks offer so much more (in relative terms).

    I agree. Particularly if you live in Belfast, there's a wide range of banks - why bank with the local ones? They offer no switching perks and almost zero interest on deposits and savings.
    Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
    Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
    eBay sales - £4,559.89 Cashback - £2,309.73
  • thetopethetope Forumite
    896 Posts
    Part of the Furniture 500 Posts Combo Breaker
    ✭✭✭
    For many national banks the post office can fulfil many of the most common services that you might need to go to the branch for. Is that an option for you? I can find no good reason to stick with any of the local banks.

    edit: my nearest branch of any bank is 11 miles away. But the post office is a quarter of a mile. My husband uses it for his business banking too - lodging takings, cheques etc.
This discussion has been closed.
Latest MSE News and Guides

Lloyds Bank wrongly declares customer dead

Account was closed due to a misreading

MSE News

Cheap home insurance

Grab 100+ buildings insurance quotes & cashback

MSE Guides

£12 for 1L Baileys

Available at Tesco, Morrisons & Asda

MSE Deals