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

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Comments

  • Asghar
    Asghar Posts: 435 Forumite
    Part of the Furniture 100 Posts Name Dropper
    I completed the switch form whilst logged in on my PC. Closing an old BoS account. Switch is due to complete on 15th and have had text messages to say it is going through but I just wanted to check if others completed the switch without using the link on Lloyds home page (for the £125 incentive) and still got the £125?
    I'd tried using the link without logging in first on several occasions but it kept failing to go through.

    I'm hoping it shouldn't make a difference as long as you meet the T's & C's which i have.

    Thanks
    I did the same, switch due to complete on the 17th. Not had a single text from Lloyd's yet. 

    However Virgin Money have sent a message about the switch so I know it is happening. Will find out next week. 
  • oldagetraveller1
    oldagetraveller1 Posts: 1,498 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 11 June 2022 at 9:23AM
    I was pleasantly surprised to see the "Incentive" credited to my Club Lloyds account yesterday. The switch of a Starling account is due to complete on the 14th.
    Not heard a dicky bird from them. Pun intended!
  • PMcG86
    PMcG86 Posts: 10 Forumite
    First Post First Anniversary
    Quick question for anyone that got the incentive paid in.

    Did you have to transfer £1500 in for it to be paid.

    If not, I'm assuming you could just move bank again to take up another offer?
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,967 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    PMcG86 said:
    Quick question for anyone that got the incentive paid in.

    Did you have to transfer £1500 in for it to be paid.

    If not, I'm assuming you could just move bank again to take up another offer?
    The £1500 pay in is not a requirement of the switch offer but is instead only required to waive the £3 monthly fee for the CL account. Once the incentive is paid there is no requirement to keep the CL account - you are free to downgrade to the fee-free Classic account or switch away to another bank at your leisure.


  • Maple08
    Maple08 Posts: 83 Forumite
    Second Anniversary 10 Posts
    PMcG86 said:
    Quick question for anyone that got the incentive paid in.

    Did you have to transfer £1500 in for it to be paid.

    If not, I'm assuming you could just move bank again to take up another offer?
    I got the £125 a few days ago and I got a text saying the switch was completed today. I didn't have any money in the account when I got the £125 bonus.
  • t1redmonkey
    t1redmonkey Posts: 949 Forumite
    Part of the Furniture 500 Posts Energy Saving Champion Home Insurance Hacker!
    Also got incentive already, before the date of my switch.  Happy :)
  • oldagetraveller1
    oldagetraveller1 Posts: 1,498 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 15 June 2022 at 9:56AM
    As others have written. "Incentive" paid before switch. No £1500 requirement and it completed yesterday, 14th, and s.m.s. received to confirm. No problems at all.
    All I received from the "losing" bank was a link to download the closing statement.
  • PMcG86
    PMcG86 Posts: 10 Forumite
    First Post First Anniversary
    Thanks for the messages about the £1500 deposit query.

    Got a text that my Ulster Bank incentive should be paid by 24th. As soon as that clears I'll move to Lloyds.

    Should have a nice sum of £275 within a week of eachother 🎉
  • reub075
    reub075 Posts: 29 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    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



    Hello,
    I had previously switched a donor account to Lloyds Club Current Account in October 2019, qualifying for the £125 switch offer at that time. I have kept that same Club Lloyds account open since then, and applied on 1 June 2022 to switch an existing NW donor account into the existing Club Lloyds account. I set a switch date of 17 June 2022, due to some direct debits scheduled for 13-15th of the month.
    I received a text acknowledgement from Lloyds Bank on the date that I applied, then a follow up confirmation message about the switch completion date 7 days ago (9 June 2022).
    The switch is due to complete tomorrow, and the £125 switcher incentive was paid into the Club Lloyds account this afternoon, one day prior to switch.
  • Tight_Fist
    Tight_Fist Posts: 408 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Asghar said:
    I completed the switch form whilst logged in on my PC. Closing an old BoS account. Switch is due to complete on 15th and have had text messages to say it is going through but I just wanted to check if others completed the switch without using the link on Lloyds home page (for the £125 incentive) and still got the £125?
    I'd tried using the link without logging in first on several occasions but it kept failing to go through.

    I'm hoping it shouldn't make a difference as long as you meet the T's & C's which i have.

    Thanks
    I did the same, switch due to complete on the 17th. Not had a single text from Lloyd's yet. 

    However Virgin Money have sent a message about the switch so I know it is happening. Will find out next week. 
    My switch completed but no incentive so I'll be calling them tomorrow!

    Will update.
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