New Natwest / RBS / Ulster Bank £200 Switch Incentive

Bridlington1

ForumUser7 said:

dealyboy said:

@ForumUser7  said:

Re the ID, if they get me to upload it during the application through HooYu, I won’t post it off too. If they don’t, I’ll get NatWest to certify it, and then I’ll send it off. That’s just to cover me from my CRA issues (not found on them yet, so cannot be electronically verified)

 They don't require ID ... no HooYu used or documents required. I have not read one case where UB explicitly asked for ID, but there is a deal of confusion because it would appear that they have reused and modified an old process where some things don't make sense.

I would recommend you to not provide ID or involve NatWest at branch level unless they explicitly ask for it, rather than just imply it as in their standard letter and ppe. In my long experience asking somebody to do something which is not required and outside their experience does not end well.

I think most of the people on here will have been electronically verified by Ulster. But given I don’t show on CRAs yet, how would they verify me if I didn’t provide ID? I feel like they would just re-request documents and it’d cause further delays

I would echo what @dealyboy said. If I were you I'd apply without verifying your ID, the worst that will happen is they ask you to provide ID, which will likely be a HooYu or send certified photocopies of your passport in a prepaid envelope job. If you apply to switch a current account to Ulster as part of your application you should still be eligible for the £200 regardless of how long they take to open it.

So given that Ulster don't offer anything competitive and wouldn't be a particularly important part of your banking affairs (if you discount the switching offer), it doesn't matter if they take 3 weeks or 3 months to set up the account really so I wouldn't worry about possible delays too much if I were you, just let it simmer away in the background.

ForumUser7 said:

dealyboy said:

@ForumUser7 said:

After considering the number of hard searches carried out in a few short days, I've decided to do the following once my donor cards have arrived:

• Switch Bank of Scotland or Nationwide into new Ulster Bank
• Switch Santander into existing RBS
• Switch Metro Bank into existing NatWest

I'm unsure whether to switch BoS or Nationwide - I lean towards Nationwide, because I've had accounts with them for longer, and hold more with them than with Lloyds Banking Group. But, if I wanted another flex account at a later date, these require a hard search, but the BoS account does not.

A few months down the line, I may open a Child's and Co account but this will be separate from these current plants. If the switch goes wrong, I want everything to be completely above board, and not use an old form or anything that may harm my chances of receiving the bonus, if they have to investigate to see why I wasn't paid (if I wasn't).

All of my donor accounts have been opened in the past week, but I don't really have much of a choice - it makes no sense to switch accounts I've had open for years, as these will supposedly support my credit file.

For any new switcher offers that come out shortly, I'll ensure that I use different providers for the donor accounts, so I don't come up as a repeat switcher out of any individual banking group.

As a new customer to Ulster Bank, when can I expect access to the app please? Do I get given the sort code and account number online straight after application, and therefore I can use the app straight away, or would I have to wait till I'd signed and returned the forms etc. Just thinking as I could use CORA in the app, to neatly retain the transcripts.

Also, has anyone had any success dropping Ulster Bank forms into a NatWest branch, or is this a bad idea as they may claim the switch was requested in branch?

Thanks

Hello ...

As a new customer to Ulster Bank, when can I expect access to the app please?
It took 14 days before I could access the app and perform transfers. A £1,000 transfer out limit was imposed initially so although I transferred £1,250 in it took two days to transfer back, doing things online (under Windows) was not available at the time, needing activation via a code and the receipt of the UB card reader.

Do I get given the sort code and account number online straight after application
No - it will take about 14 days when you can log in to the app with your customer number sent to you by e-mail

would I have to wait till I'd signed and returned the forms etc
Yes - form received after 3-5 days ... sign it and check the printout of your application details and include that in the envelope - welcome e-mails received after about a week.

Also, has anyone had any success dropping Ulster Bank forms into a NatWest branch
A couple of people took forms and ID to a branch with mixed results ... posts are either in this thread or the specific Ulster Bank switch thread ... however ID is not necessary and I suggest just use the form and envelope. UB are idiosyncratic and in practice have little connection with NW and RBS.

You will need to register to use the app with three bits of information, from memory ... customer no., pin and password characters and you then create a passcode to login with ... if I remember correctly.

Note: See timelines from two of our friends ...
https://forums.moneysavingexpert.com/discussion/comment/79918524/#Comment_79918524
https://forums.moneysavingexpert.com/discussion/comment/79920105/#Comment_79920105

I got my NatWest and RBS details right away when I applied as a new customer, at the end of my application. But Ulster seems to be much more old fashioned.

They sent me a paying in book by default but this makes it ideal as a nominated bank account IMHO as you are easily able to provide proof of nominated account without wasting cheques. Once you've got the account up and running it just behaves like Natwest/RBS so it's only the application process that's outdated I've found.

trixxeo

Is the £200 switch reward paid within 7 days of the account opening and the criteria being met, or within 7 days of the account switch being successful and the criteria met? 

Just wondering if I messed mine up or not. My account became active last Saturday and I instantly transferred the £1250 into my account and used the app. So criteria met. But today is Friday so day 7 and nothing! but my switch only completed yesterday (Thursday). Did I jump the gun with the transfer or does it not matter? should it be working days or including weekends? 

MikeJXE

7 days after switch is complete so for you next Thursday/Friday 

trixxeo

MikeJXE said:

7 days after switch is complete so for you next Thursday/Friday 

Great! Thanks for the prompt response. Was just worried I’d messed up. 

NotWhereIWantToBe

Having the same customer number given to you as before does appear to prevent you from getting the switch bonus again. 
Was worth a try !

danmanchester

NotWhereIWantToBe said:

Having the same customer number given to you as before does appear to prevent you from getting the switch bonus again. 
Was worth a try !

I was given the same customer number by NatWest to my previous account with them and my switch was paid within 2 days.

NotWhereIWantToBe

danmanchester said:

NotWhereIWantToBe said:

Having the same customer number given to you as before does appear to prevent you from getting the switch bonus again. 
Was worth a try !

I was given the same customer number by NatWest to my previous account with them and my switch was paid within 2 days.

Oh that's not my experience with Ulster ! I don't want to chase it as technically I don't qualify, it was a cheeky try !

ForumUser7

I've just switched instructed the switch into NatWest and got the confirmation screen on the form. I have not yet received any email etc. - although I don't know if that's something that usually happens anyway.

Given it is an existing NatWest account, if I was to log into the app and do the £1250 thing just now, would this count and fulfil all my requirements, or would I be best waiting until they've confirmed the switch has occurred? I believe this should be 3rd May?

ForumUser7

RBS Switch and Ulster Application and Switch Request now completed.

Day 0...

Bridlington1

ForumUser7 said:

I've just switched instructed the switch into NatWest and got the confirmation screen on the form. I have not yet received any email etc. - although I don't know if that's something that usually happens anyway.

Given it is an existing NatWest account, if I was to log into the app and do the £1250 thing just now, would this count and fulfil all my requirements, or would I be best waiting until they've confirmed the switch has occurred? I believe this should be 3rd May?

They never sent me an email either. I did get a text from Natwest/RBS a few days into the switch saying that my switch is progressing, followed by another one telling me my switch is complete, we've paid £200 into your account.

Is the account you're switching into a reward account or am I getting mixed up (which is perfectly possible)? If it is I'd just leave it till May and just use the money you would be paying in each month anyway to satisfy the deposit requirements of the switching offer as it saves moving money around unnecessarily.

I paid £1.25k into my Natwest donor account accidentally during my switch the other week (was meant to go to my other Natwest account), I think this was 2-3 days after the switch began and got the £200 alright.