£100 Royal Bank of Scotland switch offer.

colsten

bluenun said:

My only concern is that I have a credit card with Nationwide (not used in 9 months), I hope this CC account would be closed automatically if the switch went through, is that correct?

The credit card would only be closed if the FlexDirect is a pre-req for holding the credit card. Is it?

noh

bluenun said:

I use Halifax as my main bank account.
I have never switched bank accounts before but I do have a dormant Nationwide flex direct account with zero balance that I have not used in months since the introductory interest expired and I transferred the funds to Marcus.
There are no DD's, standing orders or payments in or out set up on the Nationwide account.
I was thinking of switching the Nationwide account to RBS Select with no monthly fee, it needs at least £1500 a month paying in, logging into online banking by December 30th 2020 and no DD's need to be set up as far as I can see.
I used to transfer funds from Halifax to NW every month and then back again to qualify for the 5% interest rate and was planning on doing the same with RBS.

My only concern is that I have a credit card with Nationwide (not used in 9 months), I hope this CC account would be closed automatically if the switch went through, is that correct?

The RBS Select account does not need £1500 a month paid into it. The requirement to gain the £100 switch incentives is that £1500 is paid in before the 30th of December and you log into digital banking at least once before then.
The Nationwide credit card is not conditional on having a current account so you can keep it or close its up to you.

Tragen

So, can I switch my two Tesco accounts to RBS and Ulster and get 2x£100 bonuses? that would be a nice new years gift

ischris85

Tragen said:

So, can I switch my two Tesco accounts to RBS and Ulster and get 2x£100 bonuses? that would be a nice new years gift

You can try

hollie.weimeraner

Well this is the perfect excuse for getting rid of my Santander account which I downgraded last month to the free account. 

dggar

Tragen said:

So, can I switch my two Tesco accounts to RBS and Ulster and get 2x£100 bonuses? that would be a nice new years gift

The T&Cs of the switch offer state they only do one £100 payment. So it would depend on how good their systems are for spotting such activity.

miller

noh said:

miller said:

"Good news, your application has been submitted.

We need just a little more information before we can activate your account."

As mentioned previously, no email, no text and the confirmation page doesn't really match the 3 outcomes described on their webpage. I'd happily forgotten NWB/RBS/Ulster's "quirky" approach to things, but the £100 will help with that.

You will probably get the email/text tomorrow.

Indeed I did and submitted a copy of my passport today. At the end of the process you get a summary of the details provided - I noticed they had an employment commenced date, I don't remember providing that, but maybe they found that out (it was correct).

Also, does anyone know why they ask for the debit card number of the donor account?

kaMelo

miller said:

noh said:

miller said:

"Good news, your application has been submitted.

We need just a little more information before we can activate your account."

As mentioned previously, no email, no text and the confirmation page doesn't really match the 3 outcomes described on their webpage. I'd happily forgotten NWB/RBS/Ulster's "quirky" approach to things, but the £100 will help with that.

You will probably get the email/text tomorrow.

Indeed I did and submitted a copy of my passport today. At the end of the process you get a summary of the details provided - I noticed they had an employment commenced date, I don't remember providing that, but maybe they found that out (it was correct).

Also, does anyone know why they ask for the debit card number of the donor account?

To ensure the account exists and they switch the correct account. It's basically another level of checking.

tigerspill

I have two accounts that I can switch - one in my name and one in joint names.  Can I switch the two accounts and get two bonuses?

Ghostcrawler

tigerspill said:

I have two accounts that I can switch - one in my name and one in joint names.  Can I switch the two accounts and get two bonuses?

no you will only get switching bonus once.