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

crumpet_man

Incentive paid today for switch date 30th May.  Switching into existing Lloyds club from First Direct with no SO or DD.  

I think this is my third Club Lloyds switching bonus, last one was 2019 and the one before that I had to downgrade my existing Club to a classic and open a new Club account to meet the criteria.

mab3000

My switch date it tomorrow and I was paid the incentive yesterday 

adamp87

had the text telling me to contact them. The phone line says 60 mins to wait. Having a laugh 

broju

adamp87 said:

had the text telling me to contact them. The phone line says 60 mins to wait. Having a laugh 

Me too.  But the phone number I've been given is 03456 025 293 (The Switching Team) with options for only Halifax or Bank of Scotland.!!

metrobus

I had this also last week,was on hold for 40 minutes,also had a letter through the post saying due to a glich in the system they could not process the switch.
When I did get through the lady just went through the T&Cs again and started the switch again after i told her the account # and sort code of the old account.

S_uk

Can anyone tell me, on the day of the switch e.g. tomorrow, if it hasn't switched by the morning does that mean the switch isn't going to happen at all, or can it happen later on in the day?

soulsaver

metrobus said:

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

TIA

They usually waive it for the first month... But you don't have to wait for the switch to make the deposit, anyway.

soulsaver

adamp87 said:

had the text telling me to contact them. The phone line says 60 mins to wait. Having a laugh 

Surprisingly when they are giving free money away, they may be busy... Try the early bird approach.

LeoMar

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).

Thanks ‘young retired’. I also got a switch declined text for the original one I requested on 31/05. So I submitted a new switch request yesterday and got confirmation from Lloyds this morning that my switch will be complete on 06/06. So for anyone that’s had a decline text (that requested the switch on 31/05) then it’s definitely worthwhile submitting a new switch request before trying to get through to them on the phone. By the way the phone number for Lloyds switch team is 0345 604 9956 (the wrong one is given on their text and automated letter!!)

adamp87

metrobus said:

I had this also last week,was on hold for 40 minutes,also had a letter through the post saying due to a glich in the system they could not process the switch.
When I did get through the lady just went through the T&Cs again and started the switch again after i told her the account # and sort code of the old account.

I found it a bit ridiculous. The man on the phone said to me it was an issue due to the two bank holidays. When I mentioned at work we’d planned for the double bank holidays for a while and how could a bank not anticipate an issue he didn’t know what to say.