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Switching away and then switching back?
Silver_Queen
Posts: 824 Forumite
Hi
Has anyone tried switching an account away from a bank to get the switching bonus, and then switching back to the original bank to get another switching bonus?
I had an account with Nationwide which I've switching to Halifax and received the £125 bonus. I now want to switch the same account back to Nationwide using the refer a friend bonus to get the £100 from them. It's also only been one month since I switched to Halifax.
Will this be acceptable or will they cause a fuss?
Has anyone tried switching an account away from a bank to get the switching bonus, and then switching back to the original bank to get another switching bonus?
I had an account with Nationwide which I've switching to Halifax and received the £125 bonus. I now want to switch the same account back to Nationwide using the refer a friend bonus to get the £100 from them. It's also only been one month since I switched to Halifax.
Will this be acceptable or will they cause a fuss?
Debt Totals July 2019::
[STRIKE]£350 Natwest Credit Card [/STRIKE]/ ]Now £0 (paid off and closed 04/2017) £15,500 postgrad loan from parents/ Now £7,000 £5,000 sister loan/ Now £0[STRIKE]£500 train ticket loan from parents [/STRIKE]/ Now £0 (paid off 16/02/18)[STRIKE]£2,000 Overdraft[/STRIKE] Now £0 (paid off 09/03/18) £1,967.83 Barclays 0% card Now £0 Total £7,000
[STRIKE]£350 Natwest Credit Card [/STRIKE]/ ]Now £0 (paid off and closed 04/2017) £15,500 postgrad loan from parents/ Now £7,000 £5,000 sister loan/ Now £0[STRIKE]£500 train ticket loan from parents [/STRIKE]/ Now £0 (paid off 16/02/18)[STRIKE]£2,000 Overdraft[/STRIKE] Now £0 (paid off 09/03/18) £1,967.83 Barclays 0% card Now £0 Total £7,000
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Comments
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It will almost certainly be in Nationwide's T&C's that the switching bonus is only open to genuinely new members. I doubt that it would matter that you haven't received a switching bonus from Nationwide.0
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Not true, you can receive the bonus if you've already held an account and even if you currently hold one. It shouldn't be a problem0
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It will almost certainly be in Nationwide's T&C's that the switching bonus is only open to genuinely new members.
It isn't in the terms and conditions, quite the opposite. Existing members can switch into an existing account and get the bonus, providing they haven't had a bonus before.0 -
Thanks, I thought existing members were eligible but appreciate the correction regarding those who have already switched away.0
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