Lloyds Bank £100 switching offer ends 9 Nov 2020

colsten

Katiehound said:

colsten said:

Katiehound said:

No. I am fairly sure you can only have one Club Lloyds a/c.
You will just switch your Halifax into your existing Club Lloyds a/c. And if you already have the 2 x DDs then you get the monthly fee waived. So no nasty DDs to create! (or is it the £1,500 that waives the fee?? & DDs trigger the interest ?)

You need no DDs on a Club Lloyds. If you want to avoid the monthly fee, you must deposit at least £1.5k a month.

Then you need the DDs to earn the interest (which, of course, is going down.... again!)

It's long gone down way below what has been available elsewhere. Except for existing Regular / Monthly Savers, which are now also coming up to maturity if they haven't matured already

jen49

ColdIron said:

Can you just upgrade a Lloyds Classic to Club Lloyds or must you switch an external account and upgrade?

Yes you can just switch the Classic to Club - I did via the app on my phone

funkycredit

jen49 said:

ColdIron said:

Can you just upgrade a Lloyds Classic to Club Lloyds or must you switch an external account and upgrade?

Yes you can just switch the Classic to Club - I did via the app on my phone

Will you get a new card, as when you downgrade you don't. 

soulsaver

funkycredit said:

jen49 said:

ColdIron said:

Can you just upgrade a Lloyds Classic to Club Lloyds or must you switch an external account and upgrade?

Yes you can just switch the Classic to Club - I did via the app on my phone

Will you get a new card, as when you downgrade you don't. 

No....

Katiehound

Well, that was painless. Simples! Switch due to be completed 18 September.
Next needing a home is my HSBC..........

Alex9384

Katiehound said:

Well, that was painless. Simples! Switch due to be completed 18 September.
Next needing a home is my HSBC..........

I've heard that HSBC is really a pain in the a***. An account opening process can take weeks. Is it true?
Also, when I do an eligibility check for their credit card, they always ask me exactly what day I moved in and out to/from which address. I moved 3 times in 2 years and I don't remember. It actually depends when I changed my addresses on all my accounts, not when I moved.
Every other 'normal' bank ask you about month and year, just HSBC need to know the day. Perhaps they might even ask what time exactly it was when you entered the new house.

kuepper

As the £100 gets paid within 10 days is there anything to stop you then switching to RBS or am I missing something?

Alex9384

Offtopic, but why there is no mention of First Direct's switch offer on MSE? They are giving £100 to switchers too!

colsten

Alex9384 said:

Offtopic, but why there is no mention of First Direct's switch offer on MSE? They are giving £100 to switchers too!

It's a red herring. As you cannot currently apply for a current account with them, and as existing customers are not eligible for the switch bonus, their £100 offer isn't of any use to anyone right now. Besides, there will be very few MSEers who never had a First Direct account.

ischris85

Alex9384 said:

Offtopic, but why there is no mention of First Direct's switch offer on MSE? They are giving £100 to switchers too!

Since when? Message on their website:

This means we need to focus our attention on our existing customers and their immediate financial needs. To make sure our people are able to do this, we have taken the decision to withdraw first direct current accounts to new customers.