How long does it take to switch bank accounts really? – official MSE blog discussion

LightKnow

Am looking into doing A switch or few for the cash the bank give but my question is. Is it ok to do or can it have consequences?

e.g If I already have two bank accounts, can I switch both of them for cash offers ? I dont see that it has be a main account. So am guessing any active account in my bank will do ? 

Daliah

You can switch any current account you like to switch. In order to get a switch bonus, your account must be with a bank or building society which supports CASS (most are).

jimjames

Daliah said:

You can switch any current account you like to switch. In order to get a switch bonus, your account must be with a bank or building society which supports CASS (most are).

And for clarity you also need to meet the exact terms of the switch which can vary significantly between banks

LightKnow

Thanks for information, So I read more about nationwide requirements.  Majority of it seems fine: dont look like Sub apply like Amazon etc but I have A monthly payment for mobile that should count? Am guessing charity ? Will do ? And am tad confused does my new account need make 2 direct payment or does just need show up for the bonus?