Update to first direct £175 switching incentive terms

k_man

FYI you can now get the incentive for switching to first direct even if you hold an account with HSBC, as long as it was opened before Jan 2020 (previously this was Jan 2019).

Some of us pulled the trigger too early!

https://www.firstdirect.com/banking/switching-bank-accounts/

You may hold an HSBC account and still qualify for the offer, as long as the current account was opened before 1 January 2020

k_man

Just realised, I didn't switch in when I opened, so I may be okay to now switch.

PRAISETHESUN

Unless you're a new customer to First Direct and are switching in within 3 months of opening your account, you won't be eligible for the incentive - does this apply to you?

k_man

I am within 3 months yes.
Anyone (like me) that opened a new account partly due to the 7% RS, should be within 3 months too.

Albeit starts to get a bit tighter as the in app chat switch process states 10 working days minimum.

k_man

Update:
Account was created early December (when my existing HSBC account meant no incentive was available)

Switch completed on Monday

Incentive paid today

notquiteskint

PRAISETHESUN said:

Unless you're a new customer to First Direct and are switching in within 3 months of opening your account, you won't be eligible for the incentive - does this apply to you?

i held an account 10yrs ago with 1st took a chance and switched to them and today got the joing incentive from them