HSBC switch

Bubblegumcat

Hi I’ve just applied for the switch to HSBC. Do you get any immediate answer?

If the switch requested was December 7th? How soon after do they pay the £150?

Thanks

stehouk

You normally get an immediate yes if it has been accepted but if you got the dreaded "we will let you know within 5 days" it is because it has failed the online application and is being passed to a human for consideration and they may decide in your favour but don't hold your breath.

Well that is what happens to me anyway, others may have had a different experience.

maxximus75

In my experience the account opening process is not very informative or particuarly quick.


I guess from start to finish it took about three weeks for me.


They paid the £150 roughly the following month.

Katiehound

I've said it before, and I'll say it again ; if you can easily get into a branch the chances are the process will be very much quicker. When I opened mine a couple of years ago (for all the switching goodies) it was heaps quicker.

randomangles

I applied this week and got that 'we need to check a few details' message. Because I didn't get an email, or a reference number, or anything to suggest my application was in progress, I phoned today to check. No, we have nothing on your application so you'll need to do it again, I was told. So I did, and got to exactly the same point.

So now I have between 0 and 2 potentially failed or successful applications in progress, both of which might attempt to switch my bank account if successful, but I don't know how to find out the status.

After this experience I'm hoping I will fail or that I can cancel, because it is not encouraging.

thematrix12

OH and I both switched a dormant account to get the £150. Bonus was paid within 48 hours. Happy days.

PRAISETHESUN

When I opened my account during the last switch incentive I didn't get email confirmation when I finished the application - first I knew it was accepted when I got a debit card in the mail a few days later. The account opening process was rather slow and clunky and I didn't get the switch bonus automatically. I had to message them after it wasn't paid out in the stated time, but on the upside they gave me the entire £200 at once... so no need to stick around for 12 months