Bank bribe question

tosca211

When you switch bank accounts and you receive your bribe do you have to hold it for any length of time or can you switch again to another bank and get another bribe

Zanderman

tosca211 said:

When you switch bank accounts and you receive your bribe do you have to hold it for any length of time or can you switch again to another bank and get another bribe

It depends on the terms of the offer - so it will vary from bank to bank. The terms of the offer will tell you.

(btw this is a very old thread you've unearthed.  And I really do wish people - Martin Lewis included - wouldn't call these switching incentives 'bribes' - the word is a term used for making payment for dishonest actions, so it is utterly inappropriate)

NottinghamKnight

Once you have received your incentive then you are free to switch again, some will take longer to pay than others. I can't think of an example where there is any clawback off the top of my head.

YorkshireBoy

NottinghamKnight said:

Once you have received your incentive then you are free to switch again, some will take longer to pay than others. I can't think of an example where there is any clawback off the top of my head.

I believe there has only ever been one such provider, and that was Nationwide. Seem to remember 3 months?

ade916

YorkshireBoy said:

NottinghamKnight said:

Once you have received your incentive then you are free to switch again, some will take longer to pay than others. I can't think of an example where there is any clawback off the top of my head.

I believe there has only ever been one such provider, and that was Nationwide. Seem to remember 3 months?

 Hi. Ref time limits before switching. Ive just switched to Nationwide and got my £200 "incentive"! All pretty seamless. I did the cursory glance over T&Cs. I didn't see a time period to sit to before switching again. (although i wasn't looking) can you confirm 3 months is a factor ?  Cheers Ade

RobM99

Zanderman said:

tosca211 said:

When you switch bank accounts and you receive your bribe do you have to hold it for any length of time or can you switch again to another bank and get another bribe

It depends on the terms of the offer - so it will vary from bank to bank. The terms of the offer will tell you.

(btw this is a very old thread you've unearthed.  And I really do wish people - Martin Lewis included - wouldn't call these switching incentives 'bribes' - the word is a term used for making payment for dishonest actions, so it is utterly inappropriate)

Is a bribe illegal? Never bribed a kid to eat its dinner?

WillPS

ade916 said:

YorkshireBoy said:

NottinghamKnight said:

Once you have received your incentive then you are free to switch again, some will take longer to pay than others. I can't think of an example where there is any clawback off the top of my head.

I believe there has only ever been one such provider, and that was Nationwide. Seem to remember 3 months?

 Hi. Ref time limits before switching. Ive just switched to Nationwide and got my £200 "incentive"! All pretty seamless. I did the cursory glance over T&Cs. I didn't see a time period to sit to before switching again. (although i wasn't looking) can you confirm 3 months is a factor ?  Cheers Ade

You've replied to a thread which is over 2 years old.

The refer-a-friend offer, which finished in 2020, did indeed have a clawback clause if you closed your account within a few months of being paid the incentive.