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

where_are_we

tryin said:

Does anyone know if the switch has to be completed by 19th November, or just apply for the switch by that date? The terms and conditions are a bit vague on this.

 

ULSTER BANK “SWITCH” OFFER TERMS Who’s eligible for the offer? New and existing Ulster Bank Limited (‘Ulster’) customers are eligible for this offer if you meet the following conditions: 1.New customers must:(a)Apply for and complete the account opening process for an Ulster Select account(‘new eligible current account’) via ulsterbank.co.uk, or through a branch, between 1st September 2020 and19th November 2020. As part of that application, you must transfer a non-Ulster current account to your new eligible current account (which includes closing your non-Ulster current account and moving all your payment instructions to your new eligible current account) using the Current Account Switch Service online or through a branch; and(b)after your new eligible current account is opened, you must also before 30th December 2020:(i)deposit £1,500 into your new eligible current account; and(ii)log into our online or mobile banking service.2. Existing customers who already have an Ulster Select, ufirstgold, Private Current or ufirst Private account(‘existing eligible current account’) opened prior to 1st September 2020, must:(a)by 19th November 2020, transfer a non-Ulster current account to your existing eligible current account (which includes closing your non-Ulster current account and moving all your payment instructions to your existing eligible current account) using the Current Account Switch Service in a branch;and(b)before 30th December 2020(i)deposit £1,500 into your existing eligible current account; and(ii)log into our online or mobile banking service."

My interpretation is that you should nominate a switch date no later than 19th November, whether you are a new or existing customer - so get your skates on as the process isn`t quick! - you can do it all online - you do not need the App. Everything is now in place at Ulsterbank and my switch completes tomorrow - goodbye to my TSB classic accounts! - Lloyds had one and Ulsterbank the other. Suprisingly had a "curtesy" call from the branch I had chosen - trying to sell services but perhaps also a security check because I didn`t send in any ID. I would imagine the £1500 (+ a month`s interest) going in from my TSB account as part of the CASS will count as the £1500 deposit I need to make before 31/12/20. I will move most of the balance out tomorrow.

Yorkshire_Pud

where_are_we said:

tryin said:

Does anyone know if the switch has to be completed by 19th November, or just apply for the switch by that date? The terms and conditions are a bit vague on this.

 

ULSTER BANK “SWITCH” OFFER TERMS Who’s eligible for the offer? New and existing Ulster Bank Limited (‘Ulster’) customers are eligible for this offer if you meet the following conditions: 1.New customers must:(a)Apply for and complete the account opening process for an Ulster Select account(‘new eligible current account’) via ulsterbank.co.uk, or through a branch, between 1st September 2020 and19th November 2020. As part of that application, you must transfer a non-Ulster current account to your new eligible current account (which includes closing your non-Ulster current account and moving all your payment instructions to your new eligible current account) using the Current Account Switch Service online or through a branch; and(b)after your new eligible current account is opened, you must also before 30th December 2020:(i)deposit £1,500 into your new eligible current account; and(ii)log into our online or mobile banking service.2. Existing customers who already have an Ulster Select, ufirstgold, Private Current or ufirst Private account(‘existing eligible current account’) opened prior to 1st September 2020, must:(a)by 19th November 2020, transfer a non-Ulster current account to your existing eligible current account (which includes closing your non-Ulster current account and moving all your payment instructions to your existing eligible current account) using the Current Account Switch Service in a branch;and(b)before 30th December 2020(i)deposit £1,500 into your existing eligible current account; and(ii)log into our online or mobile banking service."

My interpretation is that you should nominate a switch date no later than 19th November, whether you are a new or existing customer - so get your skates on as the process isn`t quick! - you can do it all online - you do not need the App. Everything is now in place at Ulsterbank and my switch completes tomorrow - goodbye to my TSB classic accounts! - Lloyds had one and Ulsterbank the other. Suprisingly had a "curtesy" call from the branch I had chosen - trying to sell services but perhaps also a security check because I didn`t send in any ID. I would imagine the £1500 (+ a month`s interest) going in from my TSB account as part of the CASS will count as the £1500 deposit I need to make before 31/12/20. I will move most of the balance out tomorrow.

I wouldn’t assume that the transferred balance of your switch account will count as a deposit. I’d take the money out and then deposit it yourself and then take it out again! You know how sneaky and pedantic these banks can be!

Ed-1

Yorkshire_Pud said:

where_are_we said:

tryin said:

Does anyone know if the switch has to be completed by 19th November, or just apply for the switch by that date? The terms and conditions are a bit vague on this.

 

ULSTER BANK “SWITCH” OFFER TERMS Who’s eligible for the offer? New and existing Ulster Bank Limited (‘Ulster’) customers are eligible for this offer if you meet the following conditions: 1.New customers must:(a)Apply for and complete the account opening process for an Ulster Select account(‘new eligible current account’) via ulsterbank.co.uk, or through a branch, between 1st September 2020 and19th November 2020. As part of that application, you must transfer a non-Ulster current account to your new eligible current account (which includes closing your non-Ulster current account and moving all your payment instructions to your new eligible current account) using the Current Account Switch Service online or through a branch; and(b)after your new eligible current account is opened, you must also before 30th December 2020:(i)deposit £1,500 into your new eligible current account; and(ii)log into our online or mobile banking service.2. Existing customers who already have an Ulster Select, ufirstgold, Private Current or ufirst Private account(‘existing eligible current account’) opened prior to 1st September 2020, must:(a)by 19th November 2020, transfer a non-Ulster current account to your existing eligible current account (which includes closing your non-Ulster current account and moving all your payment instructions to your existing eligible current account) using the Current Account Switch Service in a branch;and(b)before 30th December 2020(i)deposit £1,500 into your existing eligible current account; and(ii)log into our online or mobile banking service."

My interpretation is that you should nominate a switch date no later than 19th November, whether you are a new or existing customer - so get your skates on as the process isn`t quick! - you can do it all online - you do not need the App. Everything is now in place at Ulsterbank and my switch completes tomorrow - goodbye to my TSB classic accounts! - Lloyds had one and Ulsterbank the other. Suprisingly had a "curtesy" call from the branch I had chosen - trying to sell services but perhaps also a security check because I didn`t send in any ID. I would imagine the £1500 (+ a month`s interest) going in from my TSB account as part of the CASS will count as the £1500 deposit I need to make before 31/12/20. I will move most of the balance out tomorrow.

I wouldn’t assume that the transferred balance of your switch account will count as a deposit. I’d take the money out and then deposit it yourself and then take it out again! You know how sneaky and pedantic these banks can be!

I wouldn't. This is a recipe for triggering Natwest Group's fraud systems on new accounts and you do not want to get a text saying the account is blocked.

Triggering their algorithms in the case of Natwest Group also can easily result in an account closure text. They can put you through hell:
https://facebook.com/groups/3096246600404581/

I can confirm that it does count as a qualifying deposit.

colsten

Ed-1 said:

Yorkshire_Pud said:

where_are_we said:

tryin said:

Does anyone know if the switch has to be completed by 19th November, or just apply for the switch by that date? The terms and conditions are a bit vague on this.

 

ULSTER BANK “SWITCH” OFFER TERMS Who’s eligible for the offer? New and existing Ulster Bank Limited (‘Ulster’) customers are eligible for this offer if you meet the following conditions: 1.New customers must:(a)Apply for and complete the account opening process for an Ulster Select account(‘new eligible current account’) via ulsterbank.co.uk, or through a branch, between 1st September 2020 and19th November 2020. As part of that application, you must transfer a non-Ulster current account to your new eligible current account (which includes closing your non-Ulster current account and moving all your payment instructions to your new eligible current account) using the Current Account Switch Service online or through a branch; and(b)after your new eligible current account is opened, you must also before 30th December 2020:(i)deposit £1,500 into your new eligible current account; and(ii)log into our online or mobile banking service.2. Existing customers who already have an Ulster Select, ufirstgold, Private Current or ufirst Private account(‘existing eligible current account’) opened prior to 1st September 2020, must:(a)by 19th November 2020, transfer a non-Ulster current account to your existing eligible current account (which includes closing your non-Ulster current account and moving all your payment instructions to your existing eligible current account) using the Current Account Switch Service in a branch;and(b)before 30th December 2020(i)deposit £1,500 into your existing eligible current account; and(ii)log into our online or mobile banking service."

My interpretation is that you should nominate a switch date no later than 19th November, whether you are a new or existing customer - so get your skates on as the process isn`t quick! - you can do it all online - you do not need the App. Everything is now in place at Ulsterbank and my switch completes tomorrow - goodbye to my TSB classic accounts! - Lloyds had one and Ulsterbank the other. Suprisingly had a "curtesy" call from the branch I had chosen - trying to sell services but perhaps also a security check because I didn`t send in any ID. I would imagine the £1500 (+ a month`s interest) going in from my TSB account as part of the CASS will count as the £1500 deposit I need to make before 31/12/20. I will move most of the balance out tomorrow.

I wouldn’t assume that the transferred balance of your switch account will count as a deposit. I’d take the money out and then deposit it yourself and then take it out again! You know how sneaky and pedantic these banks can be!

I wouldn't. This is a recipe for triggering Natwest Group's fraud systems on new accounts and you do not want to get a text saying the account is blocked.

Triggering their algorithms in the case of Natwest Group also can easily result in an account closure text. 

Scaremongering. I have accounts with Natwest,  RBS and Ulster. I deposited and withdrew the minimum amounts for the switch offers within minutes on all of these accounts. I also have been doing the same for the Natwest and RBS Reward accounts. None of my accounts got blocked, or even queried.

Ed-1 said:

 They can put you through hell:
https://facebook.com/groups/3096246600404581/

What makes you assume that any of the mamy people who had their Natwest accounts blocked had been using the switch offer, and had deposited and removed the amount required for the switch offer? 

Ed-1

colsten said:

Ed-1 said:

Yorkshire_Pud said:

where_are_we said:

tryin said:

Does anyone know if the switch has to be completed by 19th November, or just apply for the switch by that date? The terms and conditions are a bit vague on this.

 

ULSTER BANK “SWITCH” OFFER TERMS Who’s eligible for the offer? New and existing Ulster Bank Limited (‘Ulster’) customers are eligible for this offer if you meet the following conditions: 1.New customers must:(a)Apply for and complete the account opening process for an Ulster Select account(‘new eligible current account’) via ulsterbank.co.uk, or through a branch, between 1st September 2020 and19th November 2020. As part of that application, you must transfer a non-Ulster current account to your new eligible current account (which includes closing your non-Ulster current account and moving all your payment instructions to your new eligible current account) using the Current Account Switch Service online or through a branch; and(b)after your new eligible current account is opened, you must also before 30th December 2020:(i)deposit £1,500 into your new eligible current account; and(ii)log into our online or mobile banking service.2. Existing customers who already have an Ulster Select, ufirstgold, Private Current or ufirst Private account(‘existing eligible current account’) opened prior to 1st September 2020, must:(a)by 19th November 2020, transfer a non-Ulster current account to your existing eligible current account (which includes closing your non-Ulster current account and moving all your payment instructions to your existing eligible current account) using the Current Account Switch Service in a branch;and(b)before 30th December 2020(i)deposit £1,500 into your existing eligible current account; and(ii)log into our online or mobile banking service."

My interpretation is that you should nominate a switch date no later than 19th November, whether you are a new or existing customer - so get your skates on as the process isn`t quick! - you can do it all online - you do not need the App. Everything is now in place at Ulsterbank and my switch completes tomorrow - goodbye to my TSB classic accounts! - Lloyds had one and Ulsterbank the other. Suprisingly had a "curtesy" call from the branch I had chosen - trying to sell services but perhaps also a security check because I didn`t send in any ID. I would imagine the £1500 (+ a month`s interest) going in from my TSB account as part of the CASS will count as the £1500 deposit I need to make before 31/12/20. I will move most of the balance out tomorrow.

I wouldn’t assume that the transferred balance of your switch account will count as a deposit. I’d take the money out and then deposit it yourself and then take it out again! You know how sneaky and pedantic these banks can be!

I wouldn't. This is a recipe for triggering Natwest Group's fraud systems on new accounts and you do not want to get a text saying the account is blocked.

Triggering their algorithms in the case of Natwest Group also can easily result in an account closure text. 

Scaremongering. I have accounts with Natwest,  RBS and Ulster. I deposited and withdrew the minimum amounts for the switch offers within minutes on all of these accounts. I also have been doing the same for the Natwest and RBS Reward accounts. None of my accounts got blocked, or even queried.

Ed-1 said:

 They can put you through hell:
https://facebook.com/groups/3096246600404581/

What makes you assume that any of the mamy people who had their Natwest accounts blocked had been using the switch offer, and had deposited and removed the amount required for the switch offer? 

There wouldn't be a problem depositing and then withdrawing but what Yorkshire_Pud was proposing is depositing (the switch balance), withdrawing it then depositing it again and then withdrawing it again. This would likely block the account.

Some of the people in the group were doing exactly that.

Natwest group are increasingly run by robotic algorithms that send you texts of doom like a bolt out the blue. You're fine for decades then all of a sudden bang.

Yorkshire_Pud

What I’m doing is having only about £3 in my tsb switch account and before end December depositing the £1500 (from a different tsb Classic plus account (RIP) and out again, if that triggers them then so be it. Actually when I did this doing £750 x2 with RBS it did trigger a fraud alert which I had to phone them to clarify, there was no suggestion they were about to close my account though. This being the type of transactions fraudsters do apparently. 
Can see some banks do get triggered when customers have the audacity to move money in and out of their new account!

phillw

colsten said:

Rhinorm49 said:
Make a note as only the last 4 digits will be displayed on subsequent logins.

Your complete account number will always be displayed, in online banking and in the app

As a new customer, the first time you login it will make you believe everything is up and running.
However when you logout and login again and it will tell you that for security reasons they have limited your access and you can't really do anything anymore. They will then give you the opportunity to request a card reader, which takes ages at the moment. You can't immediately use a card reader from another bank as they put a block on using a card reader for 48 hours (because they know it will take at least 48 hours or something).
However be careful as after the 48 hour timer expired I tried a reader from another bank and it came up with errors and because  I tried a few times it locked the card and I had to go to a cashpoint to unlock them. Using a different banks reader (I forget which were which) fixed the issue.
If you previously had an account with the bank, then it reactivates the online access and doesn't make you wait 48 hours again (although I'm sure I had to activate it with a card reader to stop the account being limited).

phillw

Ed-1 said:
There wouldn't be a problem depositing and then withdrawing but what Yorkshire_Pud was proposing is depositing (the switch balance), withdrawing it then depositing it again and then withdrawing it again. This would likely block the account.

I had that with coop when setting up a £1 in and out, before doing the same thing with a larger amount.
Recently a transfer to rbs took several hours, despite a smaller payment going through immediately earlier but it turned up shortly after I'd gone through security and waiting for an adviser (this may have been a coincidence).

colsten

phillw said:

colsten said:

Rhinorm49 said:
Make a note as only the last 4 digits will be displayed on subsequent logins.

Your complete account number will always be displayed, in online banking and in the app

As a new customer, the first time you login it will make you believe everything is up and running.
However when you logout and login again and it will tell you that for security reasons they have limited your access and you can't really do anything anymore. They will then give you the opportunity to request a card reader, which takes ages at the moment. You can't immediately use a card reader from another bank as they put a block on using a card reader for 48 hours (because they know it will take at least 48 hours or something).
However be careful as after the 48 hour timer expired I tried a reader from another bank and it came up with errors and because  I tried a few times it locked the card and I had to go to a cashpoint to unlock them. Using a different banks reader (I forget which were which) fixed the issue.
If you previously had an account with the bank, then it reactivates the online access and doesn't make you wait 48 hours again (although I'm sure I had to activate it with a card reader to stop the account being limited).

Sounds as if you have attracted all their attention, as none of what you describe happened to me at Natwest, RBS or Ulster. There is also no reason why you shouldn't be able to log into the app if you have yet to activate a card reader.

Ashen

I had a similar experience to phillw on either my old RBS or Natwest account, can't remember which - needed to request/activate a card reader to get things working properly. I couldn't even see my account number after the first logon if I recall correctly.