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

adamp87

SacredStephan said:

I applied to switch a dormant Halifax account with an expired debit card into an existing Club Lloyds account.
My incentive was paid yesterday. 

I’m doing the same when did your switch start?

veggieblob

youngretired said:

I spoke to Lloyd's today (after getting a 2nd decline text, both originally for switches on the 31/5). After an hour on hold the member of staff explained that Lloyd's system was automatically declining switches because of the Bank Holiday change, and so if your switch request was made before/over the weekend then this is why it's being declined (the fault has now been resolved so new requests should go through OK).

My sister was told this too yesterday when she called them, though both members of staff confirmed that we would be eligible for the switch incentive still (as they processed the switch for us on the phone).

Why switches that were happening on the 30/5 were OK, we don't know!  

So if you know that there is no reason for your switch to be declined and don't wish to stay on hold a long time with Lloyd's, then you may wish to retry putting through a new switch request (note the switch won't happen now until 6/6 due to the Bank Holidays).

In light of this comment and also others here saying they don't think HSBC can refuse to switch before 6 months, I have put through another switch request and am hoping this one will go through.  Thanks for pointing me in the right direction!

UPDATE - Lo and behold - a few hours later Lloyds have confirmed that the switch will complete!

tsb

I didn't realise you could switch with an expired debit card.

I requested a new card on an old Bank of Scotland account last week to switch with. I better wait for the new card now as it has probably been issued. Don't want a silly excuse for the switch to be declined.

grandadgolfer

My Virgin money switch into my Lloyds has paid out today £125

soulsaver

In error I put I hadn't got a TSB debit card. I do... but it has had a nil balance for some time. 
Still got the switch bonus.

youngretired

People that have received their incentives, which date are your switches to complete? I know it says within 10 working days from switch start, but it would appear that they are paying it during the actual switch 7 days.

Has anyone also received it who only just switched a dormant account (with a balance) that had no SO/DD set up? Usually we would set up some dummy SO/payments but my brother-in-law switched a old 1st Direct where his secure key had died so he couldn't get into it (didn't want to fuss with getting digital). 

SacredStephan

18 May - initiated the switch

23 May - incentive paid

26 May - switch complete

The donor account was a Halifax current account with no SOs or DDs, zero balance and expired debit card.

S_uk

My switch date is tomorrow and I've not had the bonus yet.. hopefully there's not going to be an issue as other people on here seem to be getting their incentive in advance of their switch date?

PoppaP

S_uk said:

My switch date is tomorrow and I've not had the bonus yet.. hopefully there's not going to be an issue as other people on here seem to be getting their incentive in advance of their switch date?

My switch date is tomorrow too and I've just seen the £125 was paid into my account yesterday. If I were you, I'd wait until tomorrow to call them if you've not received the £125 by then.

metrobus

So if my switch date is 30th May I need to get £1500 in by the 31st to aviod the £3 monthly fee?

TIA