£100 Ulster Bank NI switch offer - ends 19 November 2020

colsten

This has been mentioned in passing in the £100 RBS switch offer thread but I reckon the offer does deserve its own thread.

Summary: 

By 19/11/2020: switch a current account to a new Ulster Select, or to an existing Ulster current account
By 31/12/2020: deposit a minimum of £1,500, and log in through the Ulster NI app
By 29/01/2021: Ulster will deposit £100 bonus, provided you have met the terms

Excluded from this offer are those who had a switch bonus from Ulster, Natwest or RBS between October 2017 and 1st September 2020 - - - but NOT apparently those who had such a bonus since 1st September 2020  . I am sure this must be bad writing but terms are terms, so I would expect them to honour them.

https://digital.ulsterbank.co.uk/personal/current-accounts.html#switch

Detailed T&Cs (downloads a PDF)

Link to the saved T&Cs, in case Ulster remove the above page: https://drive.google.com/file/d/10Vd1SlG_DMaUeRVtJe_smlCcwUhQJcFi/view?usp=sharing

pistonbroke1

I have just attempted a switch to my existing Ulster Bank a/c using their on line form.  However, as an existing a/c holder it states I have to go to a branch to facilitate this.  Just spoken to them by phone and they confirm its not possible to do it any other way... Living in England, that might prove to be a little inconvenient!!!

colsten

pistonbroke1 try opening a new Select account? The switch request is part of the application for a new account.

quirkydeptless

colsten said:

pistonbroke1 try opening a new Select account? The switch request is part of the application for a new account.

That's what I did. Had fun picking which branch in NI was my nearest

Shame they don't have the Rewards like their Sister banks.

Also, the group really should have a Welsh version too

crumpet_man

You don't have to login to the app, you can use internet banking through their website.

RG2015

A word of caution. Ulster Bank offered a market leading savings account in 2017 and many people experienced problems opening the account.

https://forums.moneysavingexpert.com/discussion/5668139/ulster-bank-easy-access-savings-account-at-1-25-pa/p1

colsten

RG2015 said:

A word of caution. Ulster Bank offered a market leading savings account in 2017 and many people experienced problems opening the account.

https://forums.moneysavingexpert.com/discussion/5668139/ulster-bank-easy-access-savings-account-at-1-25-pa/p1

I had one of these. In fact, I still have it, albeit with no money in it. Never had any problems opening or operating it. It proved useful when applying for the current account now, as I already had full online and app access.

funkycredit

Thanks for the heads up @colsten - just applied to open one.  

loving this free money lately haha!

colsten

I am amazed how little apparent interest there seems to be in this offer.

funkycredit

colsten said:

I am amazed how little apparent interest there seems to be in this offer.

Indeed. It's a painless process and free £100 is still free money. 👏

gsmh

funkycredit said:

colsten said:

I am amazed how little apparent interest there seems to be in this offer.

Indeed. It's a painless process and free £100 is still free money. 👏

I think that's the problem. Free money. I'd feel decidedly uncomfortable if I had no intention of using the account as my daily account. Arguing that the banks are immoral, that the T&Cs allow it, that you need the money, that NatWest/RBS is already owned by us, that I'm stupid for having a moral compass, that my moral compass is defective or that morality doesn't come into it just doesn't help.