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Are Bank Switching Bonuses a Benefit to Banks?

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  • Herbalus
    Herbalus Posts: 2,634 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Sainsbury's gain their market share through appearing in best buy tables for ancillary products like loans and credit cards.

    I presume there is some cross over selling into current accounts from there.
  • Cotta wrote: »
    You have to pay in £10k per month and have 27 direct debits.

    Imagine the threads it will generate on here about how to cycle cash and get additional DDs!
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