Opening bank accounts for switch incentives

Munchkinsmum
Forumite Posts: 66
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Is there a point where opening too many at once is a problem and what is the general repercussion if so?
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Comments
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the bank transfer incentives at the moment are very good. best one I found is tsb- £200 for switching + 5% back for 6 months. not bad for doing nothing.
however, Martin lewis on his money programme last night, did say that the body that overlooks all this,do monitor things very closely and if you switch too many times it can a negative affect on your credit rating.
so beware of that.0 -
clive0510 said:Martin lewis on his money programme last night, did say that the body that overlooks all this,do monitor things very closely and if you switch too many times it can a negative affect on your credit rating.
so beware of that.2 -
clive0510 said:the bank transfer incentives at the moment are very good. best one I found is tsb- £200 for switching + 5% back for 6 months. not bad for doing nothing.0
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