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Switching Tesco current account

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Comments

  • My switch was supposed to complete yesterday. It didn't happen. Hasn't happened today either. So much for the seven day thing. 
    I didn't get any communication about it getting postponed.
    The new account is open, but Tesco one still there with balance. 
    Will give it a day or two.
  • born_again
    born_again Posts: 21,688 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    jimjames said:
    Ballard said:

    Don’t get me wrong, this is poor service from Tesco but I don’t see it as a disaster for the customer. 
    Another entirely avoidable, self inflicted PR disaster for Tesco though
    Any constructive ideas on how the transition could be managed?  The world is full of people who complain yet have no actual answers. 
    The answer is simple. 

    Move staff to help in that area. That is what we did when swamped by people switching in. Or employ some temps to get through.
    Tell customers there will be a delay in the switching process, not just cancel the switches. Compo central for Tesco customers. 

    Who ever was in charge of the whole "We are stopping banking" must not have much idea on their customers & what they were going to do. Gerry Mallon & Gary Duggan are the top 2. 

    A good example is we have not had a thread like this about M&S and their customers having switches cancelled.
    Life in the slow lane
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    500 Posts Name Dropper Photogenic
    edited 12 August 2021 at 3:17PM
    jimjames said:
    Ballard said:

    Don’t get me wrong, this is poor service from Tesco but I don’t see it as a disaster for the customer. 
    Another entirely avoidable, self inflicted PR disaster for Tesco though
    Any constructive ideas on how the transition could be managed?  The world is full of people who complain yet have no actual answers. 
    The answer is simple. 

    Move staff to help in that area. That is what we did when swamped by people switching in. Or employ some temps to get through.
    Tell customers there will be a delay in the switching process, not just cancel the switches. Compo central for Tesco customers. 

    Who ever was in charge of the whole "We are stopping banking" must not have much idea on their customers & what they were going to do. Gerry Mallon & Gary Duggan are the top 2. 

    A good example is we have not had a thread like this about M&S and their customers having switches cancelled.
    Yes, it could have been handled much better but most of these will be operating as glorified savings accounts. They should have just shut them down with the requisite two months notice -  unless people contact them to say they use as a main current account, check and if so allow them to remain open for longer/be switched.

    M&S Bank isn't a fair comparison as it has sisters HSBC UK/ First Direct still operating as current account providers with their back office functionality & staff.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 12 August 2021 at 9:25PM
    jimjames said:
    jimjames said:
    Ballard said:

    Don’t get me wrong, this is poor service from Tesco but I don’t see it as a disaster for the customer. 
    Another entirely avoidable, self inflicted PR disaster for Tesco though
    Any constructive ideas on how the transition could be managed?  The world is full of people who complain yet have no actual answers. 
    They could have staffed up for it or changed processes to handle higher volumes. 
    Somewhat difficult in the middle of a global pandemic with the majority of existing staff working from home. 
  • jimjames
    jimjames Posts: 18,930 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    jimjames said:
    Ballard said:

    Don’t get me wrong, this is poor service from Tesco but I don’t see it as a disaster for the customer. 
    Another entirely avoidable, self inflicted PR disaster for Tesco though
    Any constructive ideas on how the transition could be managed?  The world is full of people who complain yet have no actual answers. 
    The answer is simple. 

    Move staff to help in that area. That is what we did when swamped by people switching in. Or employ some temps to get through.
    Tell customers there will be a delay in the switching process, not just cancel the switches. Compo central for Tesco customers. 

    Who ever was in charge of the whole "We are stopping banking" must not have much idea on their customers & what they were going to do. Gerry Mallon & Gary Duggan are the top 2. 

    A good example is we have not had a thread like this about M&S and their customers having switches cancelled.
    Yes, it could have been handled much better but most of these will be operating as glorified savings accounts. 

    I'd hope anyone using them as a savings account would not be on MSE. Any account paying no interest isn't a sensible option for any money saver!
    Remember the saying: if it looks too good to be true it almost certainly is.
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