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RBS £150 current account switch

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Comments

  • sausage_time
    sausage_time Posts: 1,610 Ambassador
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Anyone know if the RBS £150 switch applies to new Child & Co accounts?
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  • eskbanker
    eskbanker Posts: 38,022 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 1 February 2019 at 5:04PM
    Anyone know if the RBS £150 switch applies to new Child & Co accounts?
    I'd say no - the switching offer is open to RBS customers, as in Royal Bank of Scotland plc, with certain account types, as shown in the Ts & Cs linked at post #6. As I understand it, Child & Co is a separate legal entity, even though it's also part of RBS Group, i.e. it's a peer of RBS plc not a subsidiary. [edit: seemingly not, see below]

    Anyone banking with Child & Co wouldn't be interested in demeaning themselves by scrabbling around for a mere £150 anyway.... :)
  • eskbanker
    eskbanker Posts: 38,022 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    OK, fair enough, I was looking for online info on Child & Co but there didn't seem to be much and I put too much faith in the group structure info on Wikipedia (I know, I know!), hence the 'as I understand it' qualification to my comment....

    So, happy to defer to your better-informed knowledge as a customer - in terms of the question I was trying to answer, are you able to clarify whether the branding of the Child accounts would fit the main switching criteria of:
    1. New customers must:
    (a) apply for a Select, Reward, Reward Silver, Reward Platinum or Reward Black account (‘eligible current account’) via rbs.co.uk, or through a branch
  • ET18
    ET18 Posts: 48 Forumite
    10 Posts First Anniversary
    Just checking, is it possible for me to open a Starling account and switch this?
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ET18 wrote: »
    Just checking, is it possible for me to open a Starling account and switch this?
    https://www.currentaccountswitch.co.uk/banksandbuildingsocieties/Pages/banks.aspx
  • morg007
    morg007 Posts: 14 Forumite
    Fifth Anniversary First Post
    Just checking; I have banked with Natwest all my life. Never switched banks before (I know, I know...). If I took this offer up, would I get the £150.00 as I haven't used an offer with either bank like this due to the whole being with Natwest my whole like thing!?
  • Duckyduck
    Duckyduck Posts: 270 Forumite
    Ninth Anniversary 100 Posts Combo Breaker
    morg007 wrote: »
    Just checking; I have banked with Natwest all my life. Never switched banks before (I know, I know...). If I took this offer up, would I get the £150.00 as I haven't used an offer with either bank like this due to the whole being with Natwest my whole like thing!?

    You won’t be able to get this by switching your Natwest account to RBS as they’re the same group. You would need to switch a current account outside of RBS group (you can open one up just to switch if you haven’t any others you want to switch).
    Save £12k in 2019 #36
  • Sea_Shell
    Sea_Shell Posts: 10,077 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    I thought you were only ineligible if you'd previously received an incentive, post Oct 17.
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • Hi,

    I wanted to do the £150 switch to RBS but the T&C's say you need to switch as part of the application to receive it.

    I was not offered the option of switching during the application. The account was opened beginning of February and I filled out the switch online.

    Will I receive the £150 or not?

    Thanks in advance.
  • I tried to switch to a joint account from Natwest from Barclays. Completed the application online, it said it had gone through and then nothing else happened. No emails and nothing in the post. Tried calling, held for 10 minutes and gave up wondering if I want to switch to a bank that is already proving to be quite rubbish!
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