New Lloyds Bank £150 Switch Offer - September 2022

Daliah

Deleted_User said:

Aidanmc said:

Deleted_User said:

Can't see anything about how long you have to keep it, would be pretty nice to only suck up a single monthly fee once the payment is made (depending on date) and then swap it out again  

The Club Loyds has a £3 monthly fee, but this is refunded if you deposit £1500 monthly.

After the incentive is paid, you can downgrade the Club loyds to Classic which has no fees.

Is it simple to do? I have the Nationwide one that has been paid which I might bounce out again and the bonus would be handy.

Yes, very easy to do, in both directions, in less than a minute. Just find "Change account type" and follow the guidance.

AlwaysLearnin

pfpf said:

AlwaysLearnin said:

In case it helps anyone else looking to see when their last one was, there was an offer Sep-nov 2020

https://forums.moneysavingexpert.com/discussion/6188637/lloyds-bank-100-switching-offer-ends-9-nov-2020/p1

i had a £125.00 "incentive" paid on the 27th June 2022 so think there's been many variations since 2020.

Yeah, like the 2021 offer

https://forums.moneysavingexpert.com/discussion/6295721/new-lloyds-switch-offer-2021/p1

But I was aiming more at people that might have thought their last switch was there or there abouts the Apr 20 cut off, rather than more obviously too recent...

trickydicky14

eskbanker said:

trickydicky14 said:

Can you switch a Virgin current account over to Lloyds, it's the only one available just now for me to switch.

Depends on exactly which account you have, but you can switch any CASS-compliant current account into Lloyds....

https://www.currentaccountswitch.co.uk/banks-building-societies/

I have the M Plus current account; I would think that was CASS compliant?

PRAISETHESUN

trickydicky14 said:

eskbanker said:

trickydicky14 said:

Can you switch a Virgin current account over to Lloyds, it's the only one available just now for me to switch.

Depends on exactly which account you have, but you can switch any CASS-compliant current account into Lloyds....

https://www.currentaccountswitch.co.uk/banks-building-societies/

I have the M Plus current account; I would think that was CASS compliant?

Can't see any reason why not? Virgin Money is a part of CASS, and the M Plus account is a current account...

jimjames

Thanks for this. It seems that even an existing customer with a Club Lloyds account already will qualify as the payment is for the switch not for the opening of the account and switching. My last one was 2019 so all looks good!

jimjames

Thanks for this. It seems that even an existing customer with a Club Lloyds account already will qualify as the payment is for the switch not for the opening of the account and switching. My last one was 2019 so all looks good!

Asghar

AlwaysLearnin said:

In case it helps anyone else looking to see when their last one was, there was an offer Sep-nov 2020

https://forums.moneysavingexpert.com/discussion/6188637/lloyds-bank-100-switching-offer-ends-9-nov-2020/p1

Their last incentive was around June of this year, about three months ago when I received the switch offer.

The other half missed out on that one so started the switch yesterday for this latest offer.

Zaul22

That's quick, I wasn't expecting Lloyds until next year. With Natwest going early too I might not have enough dummy accounts left. 

crumpet_man

I got excited for a minute thinking I am eligible for this switch but remembered I just did the one in May this year.

Carl2020

As I already have a Club Lloyds account, can't I just switch an account and claim the £150 without opening a new Lloyds account?