Danske Bank Reward Current Account
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Just received from Danske Bank:-
We’ve been listening to your thoughts on how we do things here at Danske Bank, and are making some changes to our Danske Cash Reward account which we hope you’ll like.
We’ve made it easier to get your monthly
£7 cash reward
We’ve removed one of the three conditions you previously needed to meet to get your monthly reward. You no longer need to pay three Direct Debits out of your account in the previous month. Now you only need to do two things each month for the reward:
1. pay in at least £1,200,
2. log on to eBanking, Mobile Banking or Tablet Banking at least once.
Changes apply from 1 September.
The monthly reward is £7, less account fee of £2, making net reward of £5. This should be an easy "earn" with the removal of the DD requirement.
For those outwith NI, you can open the account by phone, provided you can be identified electronically.
We’ve been listening to your thoughts on how we do things here at Danske Bank, and are making some changes to our Danske Cash Reward account which we hope you’ll like.
We’ve made it easier to get your monthly
£7 cash reward
We’ve removed one of the three conditions you previously needed to meet to get your monthly reward. You no longer need to pay three Direct Debits out of your account in the previous month. Now you only need to do two things each month for the reward:
1. pay in at least £1,200,
2. log on to eBanking, Mobile Banking or Tablet Banking at least once.
Changes apply from 1 September.
The monthly reward is £7, less account fee of £2, making net reward of £5. This should be an easy "earn" with the removal of the DD requirement.
For those outwith NI, you can open the account by phone, provided you can be identified electronically.
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I love my job
Their policy change may be related to:
"There is an issue with Direct Debits today which means that some customers have seen Direct Debits come out of their account today instead of Monday. If you are affected by this issue and it causes financial difficulties, please contact us on 0345 600 2882 so we can help you. We are sorry for any inconvenience."
Now that was done, I needed to make a telephone appointment for next week, as it takes about 30 minutes, for the official application to be processed. It is during the application interview, that a 'hard' search is made on your credit file.
I love my job
Everything is good to go. They now send me an information pack and letters which I have to sign and return. Once they receive those, the account will be formally open.
All-in-all, a relatively smooth account opening process and great way to earn £60 reward/year!!
I love my job
But the website seems to imply you need to be in N.I. so I didn't look any further. If thats not the case, I may well apply for their credit card.
https://www.ft.com/content/d1efae70-af80-11e8-8d14-6f049d06439c
Example from the Independent:
HSBC, Barclays, RBS and Coutts among those alleged to have transferred hundreds of millions of pounds of cash thought to be linked to criminals and corrupt officials
I love my job
I love my job
Sounds like an impressive mailing!! I trust you will, er, read it all...
But is that all there is, is everything sorted as soon as you send the Customer Agreement back? Because if so it's still a (relatively) painless account opening, judging by your earlier post, and quick too.
If that's all there is to it I might open one too. Halifax's £2 offering is fairly rubbish in comparison.