£125 Lloyds Bank Switch Offer + 0% Overdraft for 3 months! (17th May 2022 - 27th June 2022)

Se1Lad

My switch is due to take place on Wednesday, the £125 has credited to my Lloyds account today - 2 days ahead of the switch

ccdorset

Se1Lad said:

My switch is due to take place on Wednesday, the £125 has credited to my Lloyds account today - 2 days ahead of the switch

Did you receive any email/SMS confirmation that the switch was going through?

My switch is due to take place next Tuesday, but I haven't had any confirmation yet.

PRAISETHESUN

ccdorset said:

Se1Lad said:

My switch is due to take place on Wednesday, the £125 has credited to my Lloyds account today - 2 days ahead of the switch

Did you receive any email/SMS confirmation that the switch was going through?

My switch is due to take place next Tuesday, but I haven't had any confirmation yet.

From memory you needed to opt in for SMS alerts but I got one shortly after I filled in the online form, one a few days later confirming my switch date, and one on the day my switch completed.

ccdorset

PRAISETHESUN said:

ccdorset said:

Se1Lad said:

My switch is due to take place on Wednesday, the £125 has credited to my Lloyds account today - 2 days ahead of the switch

Did you receive any email/SMS confirmation that the switch was going through?

My switch is due to take place next Tuesday, but I haven't had any confirmation yet.

From memory you needed to opt in for SMS alerts but I got one shortly after I filled in the online form, one a few days later confirming my switch date, and one on the day my switch completed.

Thank you, I think I best give them a call again to make sure all is OK.

When I phoned the other day, the chap seemed quite confused. He initially suggested it had been rejected, but then said it was all OK for Tuesday 7th June. I'm not convinced!

Ade99

Having read the T's & C's I'm not sure if they allow you to have 2 Club Lloyds accounts?

I see existing customers can get the bonus if they switch a non Lloyds account into an existing Lloyds account. I'm an existing customer but I'd prefer to have 2 Lloyds accounts to maximise future switching bonuses.

Can anyone confirm please. Apologies if I've missed something really obvious!

Thanks!

soulsaver

PRAISETHESUN said:

Ade99 said:

Having read the T's & C's I'm not sure if they allow you to have 2 Club Lloyds accounts?

I see existing customers can get the bonus if they switch a non Lloyds account into an existing Lloyds account. I'm an existing customer but I'd prefer to have 2 Lloyds accounts to maximise future switching bonuses.

Can anyone confirm please. Apologies if I've missed something really obvious!

Thanks!

You're only supposed to be allowed two CL accounts if the second one is joint. If you already have a CL account though you can downgrade it to a Classic account and then open a new CL account for the switch. After the switch you can downgrade the newly opened account and re-upgrade the original account if you want to keep things as they were

Eh? You seem to have forgotten that you can switch into an existing Club Lloyds account and qualify for the incentive. 

Unless I missed a nuance somewhere, there is no need for the downgrade/upgrade palaver?

PRAISETHESUN

soulsaver said:

PRAISETHESUN said:

Ade99 said:

Having read the T's & C's I'm not sure if they allow you to have 2 Club Lloyds accounts?

I see existing customers can get the bonus if they switch a non Lloyds account into an existing Lloyds account. I'm an existing customer but I'd prefer to have 2 Lloyds accounts to maximise future switching bonuses.

Can anyone confirm please. Apologies if I've missed something really obvious!

Thanks!

You're only supposed to be allowed two CL accounts if the second one is joint. If you already have a CL account though you can downgrade it to a Classic account and then open a new CL account for the switch. After the switch you can downgrade the newly opened account and re-upgrade the original account if you want to keep things as they were

Eh? You seem to have forgotten that you can switch into an existing Club Lloyds account and qualify for the incentive. 

Unless I missed a nuance somewhere, no need for the downgrade/upgrade palaver.

Re-reading this, I agree actually. Easier to just switch into the existing CL account and open a second classic account for future switching

S_uk

My switch completed last week, and tomorrow is the 10th working day since I started the switch process, but have still not received the incentive. If I still haven't had it tomorrow then I'll have to ring them and find out why. Since I know I've met all of their criteria I'm very much looking forward to their explanation/excuse..

S_uk

Just to follow up on my last post about not receiving the incentive - I called Lloyds and after checking my account they confirmed they should've paid the incentive, but hadn't. They couldn't give an explanation as to why I hadn't received it, but they've now manually credited my account. Strange all round, I assume some glitch in their system thought I hadn't met all their criteria as set out in their T + Cs.

keiran

keiran said:

Please can anyone confirm that he/she received the incentive in the case of switching a donor account into an existing Club Lloyds account, on which same Club Lloyds account an incentive had been paid , prior to April 2020 (the cut off date) 

This will provide reassurance to many MSErs (like me) thinking of switching in such circumstances

I can confirm that I did get the incentive under the circumstances above.