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Lloyds Bank £100 switching offer ends 9 Nov 2020

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  • kuepper
    kuepper Posts: 1,494 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    kuepper said:
    As the £100 gets paid within 10 days is there anything to stop you then switching to RBS or am I missing something?

    anybody know?
  • sparkiemalarkie
    sparkiemalarkie Posts: 941 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 10 September 2020 at 2:57PM
    Hi, I'm pretty sure I've done a Lloyds switch in the past.
    Any idea how I can find out for sure?
    tia
    sx
  • kuepper said:
    kuepper said:
    As the £100 gets paid within 10 days is there anything to stop you then switching to RBS or am I missing something?

    anybody know?
    No. Go for it. Just downgrade the account beforehand and after your paid the bonus money. Click into current account link then select change account type. Easy. 
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    kuepper said:
    kuepper said:
    As the £100 gets paid within 10 days is there anything to stop you then switching to RBS or am I missing something?

    anybody know?
    No. Go for it. Just downgrade the account beforehand and after your paid the bonus money. Click into current account link then select change account type. Easy. 
    Why downgrade at all? And why twice?
  • colsten said:
    kuepper said:
    kuepper said:
    As the £100 gets paid within 10 days is there anything to stop you then switching to RBS or am I missing something?

    anybody know?
    No. Go for it. Just downgrade the account beforehand and after your paid the bonus money. Click into current account link then select change account type. Easy. 
    Why downgrade at all? And why twice?
    Why? Because there's a £3 fee isn't there. Isn't there? (I just presumed so apologies if incorrect)! 

    Why twice what? You're too cryptic at times.... plain English please 😂
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    colsten said:
    kuepper said:
    kuepper said:
    As the £100 gets paid within 10 days is there anything to stop you then switching to RBS or am I missing something?

    anybody know?
    No. Go for it. Just downgrade the account beforehand and after your paid the bonus money. Click into current account link then select change account type. Easy. 
    Why downgrade at all? And why twice?
    Why? Because there's a £3 fee isn't there. Isn't there? (I just presumed so apologies if incorrect)! 

    Why twice what? You're too cryptic at times.... plain English please 😂
    Downgrading twice - “beforehand and after”, as you wrote.

    There might be a good reason why someone has an existing Club Lloyds hanging about. Some Club Lloyds Regular Savers haven’t matured yet. So downgrading, even just once, the account wouldn’t be the smartest move.
  • funkycredit
    funkycredit Posts: 536 Forumite
    500 Posts First Anniversary Name Dropper
    edited 10 September 2020 at 4:05PM
    colsten said:
    colsten said:
    kuepper said:
    kuepper said:
    As the £100 gets paid within 10 days is there anything to stop you then switching to RBS or am I missing something?

    anybody know?
    No. Go for it. Just downgrade the account beforehand and after your paid the bonus money. Click into current account link then select change account type. Easy. 
    Why downgrade at all? And why twice?
    Why? Because there's a £3 fee isn't there. Isn't there? (I just presumed so apologies if incorrect)! 

    Why twice what? You're too cryptic at times.... plain English please 😂
    Downgrading twice - “beforehand and after”, as you wrote.

    There might be a good reason why someone has an existing Club Lloyds hanging about. Some Club Lloyds Regular Savers haven’t matured yet. So downgrading, even just once, the account wouldn’t be the smartest move.
    Sorry I meant downgrade after getting the bonus (beforehand in relation to my quoted reply; as in before they switch (to avoid a part fee if not paying in £1500)). I was basing the presumption on them having a bog standard club account. But anyway.... 🙈
  • dggar
    dggar Posts: 670 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Hi, I'm pretty sure I've done a Lloyds switch in the past.
    Any idea how I can find out for sure?
    tia
    sx
    Check your previous transactions back to the beginning of 2018.
    You will be looking for an incoming payment probably labelled "Incentive" of either "£125" or "£100" (possibly "£150)
  • GTR_King
    GTR_King Posts: 1,987 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    I might have so switch my TSB or Halifax account to Club Lloyds for the £100 as both those accounts are rubbish now
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