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New Natwest / RBS / Ulster Bank £200 Switch Incentive

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Comments

  • jokono
    jokono Posts: 767 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Mine completed today, got text and email confirmation this morning. 
    01.12.2020 - CC £16,839 / Loan £18,820 / EF £0
    03.07.2023 - CC (0%) £9,859 / Loan £0 / Savings £10,110
  • Stargunner
    Stargunner Posts: 998 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    My switch to Ulster completed Wednesday and I received the £200 today
  • dealyboy
    dealyboy Posts: 1,941 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 1 April 2023 at 11:23AM
    ... does seem that there's a lot of variation in the payment of the incentive after the 'done and dusted' switch completion message, between 3 and 7 days recently for Ulster Bank.
  • I am still waiting to hear anything at all from them. 
    Not sure how long ago I applied but probably a couple of weeks at least.
    Is there any way to chase it up does anyone know please ? 
    User name should now read NowWhereIWantToBe  

    Amount overpaid so far £8298 (2022)

    Overpayment ready to add to funds when fixed deal runs out July 2027 £23968


    Mortgage end date when taken out : July 2050
    Mortgage current end date : January 2047

    MFW #83 Overpayments for 2025
    Jan £304 Feb £346 Mar £298 April £344 May £214 June £200 July £200

    Daily interest £3.37
    Percentage owned 48.5%
  • theonenonly
    theonenonly Posts: 141 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    MikeJXE said:
    Been sent a form to sign from Ulster. Mentions to send ID docs but I've not been told what docs, nor informed during the application I'd have to send anything. 

    Any idea what needs to be sent by post, along with form?
    Same here it doesn't  say what docs So I  took everything to a NatWest branch and they copied driving licence and council tax account, no way was I posting them, NatWest sent the signed copies for me 
    That's a bit annoying, my closest Natwest branch closes when I finish work, and no Saturday services. May just post the confirmation letter with no other ID and see how it goes
  • clivep
    clivep Posts: 635 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 1 April 2023 at 3:23PM
    MikeJXE said:
    Been sent a form to sign from Ulster. Mentions to send ID docs but I've not been told what docs, nor informed during the application I'd have to send anything. 

    Any idea what needs to be sent by post, along with form?
    Same here it doesn't  say what docs So I  took everything to a NatWest branch and they copied driving licence and council tax account, no way was I posting them, NatWest sent the signed copies for me 
    That's a bit annoying, my closest Natwest branch closes when I finish work, and no Saturday services. May just post the confirmation letter with no other ID and see how it goes

    If you haven't been asked for ID docs then there's no need to send them...
    Just sign the form and return as we did. Our Ulster a/cs got opened without any need to provide IDs either online or by mail (maybe as we already had RBS a/cs?). £200 each received promptly (which, along with the RBS payouts last October, we didn't actually qualify for due to getting NatWest ones previously).

  • FYI I've seen a lot of people on the thread and elsewhere really stressing that you must apply for the switch when you open the account as a new customer. However, my Natwest application went via the AVU and you then need to apply via phone for the account and can't do a switch at that time. I decided to still fill in the online form later to complete a switch and see what happened. Switch completed on 14th, I made the pay-in on the 15th and £200 hit the account today.
    Sorry if you have already posted this, but if you don't mind sharing the reason, do you know why it went to the AVU please? Just that I'd seen some things on the Childs and Co thread regarding them. Thanks
    I honestly have no clue. I got an email from the AVU saying the account wouldn't be opened about 2 minutes after I got my acceptance email when I first applied online. It was very quick and on a Sunday so I assume it was automated. It said you could appeal - I just wrote one line asking why the account was declined and they emailed me about a week later saying the appeal was successful with a reference to use to apply for an account via phone.
    This is interesting as I have had the same situation - I have submitted the appeal and am waiting to hear back, but I wasn't expecting it to be successful. I genuinely have no idea why the application was rejected. Did you submit ID through HooYu? My instinct is that the HooYu verification failed for some reason, as I got the rejection email as soon as I submitted the ID, just after getting an acceptance email.

    At least your experience has given me hope that I will be accepted, as it has caused me unnecessary worry that there is something nasty lurking on my credit file somewhere (although I keep a close eye on it).

  • Perksy5 said:
    Just wanted to share that although I had a natwest switch incentive back in 2017 or 2018, I tried RBS this time round and got £200. I now also did Natwest to be cheeky and 2 days ago switch completed and my bonus was paid this morning. So £400 up when based on t&c I shouldn't have had either. Happy days!
    Anyone in a similar position I've just switched to RBS and received the bonus. My last switch was NatWest Jan 2018.

    Cheers
  • MikeJXE
    MikeJXE Posts: 3,856 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Thank you Ulster bank got the £200 incentive today. 

    Hopefully NatWest does the same in a weeks time 
  • Janes888
    Janes888 Posts: 37 Forumite
    Third Anniversary 10 Posts
    switch completed on Thursday and £200 incentive received today.  Profitable couple of weeks after receiving RBS & Natwest incentive last week.  
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