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LBG closing all my accounts on 18th May
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enterprising2016 said:Thank you all for kind insights!
I don't have any evidence that having 3 rewards accounts will lead to closure.
Must have misunderstood some stories in this forum and the "https://becleverwithyourcash.com/"
community.
My apologies! Those stories indeed involved some forms of rapid multiple account opening.
I hold 1 Reward account with Halifax (opened in year 2014), 1 Lloyds and 3 bank of Scotland accounts (which used to offer quite high interest rates).
Those who hold 3 Reward Accounts, how long did you wait in between applications? Do you need to use the accounts regularly beyond £500 debit card and paying in £1500?
Thank you!!!
My first account wasn't originally the reward one, but used to pay interest. I opened it as a switch from HSBC. Then I opened 2 reward accounts about 3 years later within a couple of months from each other. But this was in the days before the big money switch bribes
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