Gratuitous switching

takman

telemarks wrote: »

The original question, leads on naturally to what's the best donor account?

I'd suggest the criteria are:

• Simple sign-up process with no lengthy checks
• High likelyhood of acceptance.
• Fast response to application, and sending out of debit card.

For me Tesco bank was superb at all these. I went for no accounts, throught Tecso and then on to recieving the £125 switch money from Halifax in my account in 6 working days.

Can any others beat that?

Tesco isn't really a good account to use; alot of us on here are making £180 a year interest from our Tesco current accounts. So i wouldn't be using them as a donor account; although i do realise the conditions have now changed so it's not as easy to get the interest.

telemarks

takman wrote: »

Tesco isn't really a good account to use; alot of us on here are making £180 a year interest from our Tesco current accounts. So i wouldn't be using them as a donor account; although i do realise the conditions have now changed so it's not as easy to get the interest.

Yes, thats a great point. I used Tesco as a crash test donor account purely for speed, as I already had a Tesco Credit card (for clubcard points), and hence had the online banking already set up with them.

Hence the question about "best donor" account. So taking your advice perhaps the full criteria should be:

1. Historically account does not give good rewards or cashback.
2. Simple sign-up process with no lengthy checks
3. High likelyhood of acceptance.
4. Fast response to application, and sending out of debit card.

[Deleted User]

I found Santander to be excellent for donor accounts. I have a longstanding 123 account with them and setting up additional Everyday current accounts was a super simple process, and I was able to switch them minutes later!