New Lloyds Switch offer 2021

keiran

Anyone received an incentive since April 2019 , tried again this time and got another incentive?

I may try if so, as bank incentive "memory" systems sometimes don't seem robust

OceanSound

keiran said:

Anyone received an incentive since April 2019 , tried again this time and got another incentive?

I may try if so, as bank incentive "memory" systems sometimes don't seem robust

Hasn't the switch offer deadline expired? 19 October 2021 was the deadline I believe. Remember reading it on Lloyds website and this forum's (mse) website.

Maybe useful for future offers. If you do take advantage of Lloyds offer, ensure you have valid debit card from switching from bank. 

I opened club  Lloyds account online on 18 October, my Tesco debit card was already expired in may 2021. Tesco bank never sent me replacement (as I had at one point put a block on it after misplacing it and never released the block). Then Lloyds online system advises customer to open account and do the switch 'later'. 

By this they mean, wait for online banking activation code then initiating switch. All of which takes time, unless you call support and they intervene manually.

Also, if you have a middle name and your switching from account doesn't use it, I reckon keep it the same as that. Because it may become an issue during the switch process. 

Oh. Before I forget. If your desktop or laptop doesn't have selfie taking features, then best to start application process on smartphone. I believe Lloyds may ask you to upload pic of passport and selfie in some instances although they didn't when I did it.

There isn't an option to 'save' application, so you have to pretty much do it in one sitting. No distractions.

Anyway, re. Tesco  Debit card . I was able to sort after three calls to Lloyds support and one call to tesco bank support. Received sms alert from Lloyds saying process has started.

keiran

OceanSound said:

Hasn't the switch offer deadline expired? 19 October 2021 was the deadline I believe. Remember reading it on Lloyds website and this forum's (mse) website.

D'oh - I just missed it 
Never mind - One less thing to consider

But it would still be good to hear if anyone got the incentive this time round, despite getting one for another switch since April 2019 as this will inform MSErs of their possible success in future switches (knowing how robust the "switching memory" of LLoyds is)

gizz_10

How long do the cinema tickets take to come?  My switch was all completed on 14th Oct and was just wondering how long they normally take?

reub075

keiran said:

Anyone received an incentive since April 2019 , tried again this time and got another incentive?

I may try if so, as bank incentive "memory" systems sometimes don't seem robust

I tried switching to Lloyds Club Account despite benefitting from a switcher offer in October 2019.

Existing Club Account downgraded to Classic - around 10/09/21.

New Lloyds Club account opened on 15/09/2021,

Switch completed 24/10/21, with £1500 funding from external account, and no direct debits switched from donor account.
However no £100 reward was paid out as of 20/10/21.

So I then switched this account out to another bank for a different switch incentive offer.

RN61

soulsaver said:

jrm said:

No direct debits required, to avoid the £3 monthly fee you have to pat in £1500.   How many months must you do this for ?  Anyone know ?

To avoid the £3 monthly fee you have to deposit £1500... as long as you have the account. Or they change the rules. 

It doesn't have to stay there, you can immediately take it out and put it back next month.

2xDDs get you interest on the account. 

Takes your choice, pays your money

Lloyds can really mess you up. If you, ".... deposit £1500...... & immediately take it out" without a preexisting transaction history they view as "normal" they may see that as suspicious and lock you out of your account, requiring attendance for hostile interview at distant branch with ID. Exactly that scenario led to complaints that got me nowhere and involvement of the ombudsman, whom it transpires almost always finds in favour of financial institutions (unlike CISAS). Got money back eventually, but steering well clear of Lloyds. But oddly, sister bank Halifax has been fine with that sort of thing. 

kaMelo

RN61 said:

soulsaver said:

jrm said:

No direct debits required, to avoid the £3 monthly fee you have to pat in £1500.   How many months must you do this for ?  Anyone know ?

To avoid the £3 monthly fee you have to deposit £1500... as long as you have the account. Or they change the rules. 

It doesn't have to stay there, you can immediately take it out and put it back next month.

2xDDs get you interest on the account. 

Takes your choice, pays your money

Lloyds can really mess you up. If you, ".... deposit £1500...... & immediately take it out" without a preexisting transaction history they view as "normal" they may see that as suspicious and lock you out of your account, requiring attendance for hostile interview at distant branch with ID. Exactly that scenario led to complaints that got me nowhere and involvement of the ombudsman, whom it transpires almost always finds in favour of financial institutions (unlike CISAS). Got money back eventually, but steering well clear of Lloyds. But oddly, sister bank Halifax has been fine with that sort of thing. 

Don't blame Lloyds, blame every Tom !!!!!! and Harriet crying "scam" when they've done something stupid. The FOS will always side with a bank who blocks payments, indeed it expects banks to operate like this.