HSBC's expired switch deal and when can I switch away?

Hannimal

laticsforlife wrote: »

Snap, had my £50 too, now just waiting until after payday when some money moves around to make it easier - where next? who is offering the best deal??

NB you can move as soon as you get bonuses, we just waited the 12m and paid in whatever it was they wanted (£1,750 rings a bell) to get the extra £50.

Sounds good, I don't think there was anything about additional money after a year with the switch deal I took. Sadly with NatWest I've already switched to them before - I opened an additional bank account with them and have kept my savings there so that I don't actually need to use the HSBC account as their app is poor, incoming money takes ages to update on it and so on. Won't have time to do it just now but the M&S offer that was on earlier looked pretty good, although I'd need to stay with them for a year to benefit. Does anyone know if their banking apps are any good?

MeenaM

Hi all, Have today applied to switch to HSBC they still have the £175 offer on their site , fingers crossed it goes ok, switching our joint account which is just for household expenses, also want to take advantage of their regular savings rate currently 5 % fixed for 12 months.

YorkshireBoy

MeenaM wrote: »

switching our joint account

Had you considered switching a sole account instead? Since this offer is very easy, ie no DDs, just a couple of SOs required, you've missed out on another £175 for the other named account holder too.

Too late now, but if you're looking to kick start your savings following becoming debt free then don't do joint account switches in future.

MeenaM

YorkshireBoy wrote: »

Had you considered switching a sole account instead? Since this offer is very easy, ie no DDs, just a couple of SOs required, you've missed out on another £175 for the other named account holder too.

Too late now, but if you're looking to kick start your savings following becoming debt free then don't do joint account switches in future.

Thank you ! never thought of it like that have just phoned HSBC , as I had chosen 17 October as the switch date I do have time to cancel, when I get the info re the account I can give them a call to cancel .

YorkshireBoy

MeenaM wrote: »

Thank you ! never thought of it like that have just phoned HSBC , as I had chosen 17 October as the switch date I do have time to cancel, when I get the info re the account I can give them a call to cancel .

As I said, too late now. Sorry its not better news.