We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
It seems by doing this £1000 per year can be had why doesnt everyone do it.
I've done it myself this year for the first time and hope to make in-excess of over £1000.
I have told others but they don't seem to trust or just cannot be bothered. At the end of the day a switch incentive is only the equivalent of a night or two in a cheap hotel. My brother charges £125 per hour in his business and showed zero interest in bank switching.
If no direct debits are required it is very easy money but it can become a little stressful if you are switching 2/3 accounts at a time. One bank at a time is easy though but you may miss a switch deal. Hard not to be greedy when free money is available. The switching process is advertised to take seven days but in reality with a start and finish date it takes 2-3 weeks. TSB switch will take a month or more to get the full incentive. I guess the trick is to write everything down and make sure that you are never overdrawn and charged.
0
