We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Can I switch to lloyd silver if I have a lloyds basic for the £200
Options
Comments
-
Thank you guys and everyone again0
-
I have switched which said current account switch guarantee on the Lloyds app and it says it is and progress and should be at 17th.
I hope I get the incentive0 -
I had a letter saying a switch has been requested from Lloyds however nothing about the incentive being paid.
Just three lines of words.
It should be fully switched by the 17th0 -
you don't get a letter about incentive being paid- it just turns up in the account.
Anyway Halifax wouldn't be telling you that! you are leaving them.......
Lloyds generally pays out before the switch has happened (most banks don't- they keep you hanging on!)
Once the switch has happened don't forget to downgrade the account to a standard one, or to Club Lloyds if you want the perks & can meet the conditionsBeing polite and pleasant doesn't cost anything!
-Stash bust:in 2022:337
Stash bust :2023. 120duvets, 24bags,43dogcoats, 2scrunchies, 10mitts, 6 bootees, 8spec cases, 2 A6notebooks, 59cards, 6 lav bags,36 angels,9 bones,1 blanket, 1 lined bag,3 owls, 88 pyramids = total 420total spend £5.Total for 'Dogs for Good' £546.82
2024:Sewn:59Doggy ds,52pyramids,18 bags,6spec cases,6lav.bags.
Knits:6covers,4hats,10mitts,2 bootees.
Crotchet:61angels, 229cards=453 £158.55profit!!!
2025 3dduvets0 -
Can i downgrade the account without penalty as soon as I get the %200? Or have I got to wait until the switch is done then downgrade?0
-
what's the rush? Why chance it, wait till all switched, and then downgrade.2
-
Because you get charged £10 a month for the upgrade account so sooner it can be downgraded the betterMiddle_of_the_Road said:what's the rush? Why chance it, wait till all switched, and then downgrade.0 -
And what if they take the payment back because you haven't switched into a qualifying account?devansuk said:
Because you get charged £10 a month for the upgrade account so sooner it can be downgraded the betterMiddle_of_the_Road said:what's the rush? Why chance it, wait till all switched, and then downgrade.2 -
So, you will have made £180 in the worst case scenario, in reality probably you will have lost less than £10 because I understand you are charged on pro rata basis.devansuk said:
Because you get charged £10 a month for the upgrade account so sooner it can be downgraded the betterMiddle_of_the_Road said:what's the rush? Why chance it, wait till all switched, and then downgrade.
Go ahead, down grade the account as soon as they have paid £200 and the switch hasn't gone through but be prepared for the bank to claw back £200 because you haven't met the t&c s, so now you might be overdrawn..........
Not a wise move on your part
Being polite and pleasant doesn't cost anything!
-Stash bust:in 2022:337
Stash bust :2023. 120duvets, 24bags,43dogcoats, 2scrunchies, 10mitts, 6 bootees, 8spec cases, 2 A6notebooks, 59cards, 6 lav bags,36 angels,9 bones,1 blanket, 1 lined bag,3 owls, 88 pyramids = total 420total spend £5.Total for 'Dogs for Good' £546.82
2024:Sewn:59Doggy ds,52pyramids,18 bags,6spec cases,6lav.bags.
Knits:6covers,4hats,10mitts,2 bootees.
Crotchet:61angels, 229cards=453 £158.55profit!!!
2025 3dduvets1 -
The 3 month 0% interest overdraft is knocked on the head if you downgrade after switching1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.7K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.4K Spending & Discounts
- 243.7K Work, Benefits & Business
- 598.4K Mortgages, Homes & Bills
- 176.8K Life & Family
- 256.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards