Bank account switching bonus

happybunny86

Are there any banks that have the £200 switching bonus available on joint accounts? 

eskbanker

Turning it round the other way, from what you've looked at so far, are you aware of any switching offers that aren't available for joint accounts?

happybunny86

eskbanker said:

Turning it round the other way, from what you've looked at so far, are you aware of any switching offers that aren't available for joint accounts?

None of them seem to say either way.

eskbanker

happybunny86 said:

eskbanker said:

Turning it round the other way, from what you've looked at so far, are you aware of any switching offers that aren't available for joint accounts?

None of them seem to say either way.

My expectation would be that joint accounts are equally eligible for offers as sole ones, so I think it's unlikely that the offers would typically exclude joint accounts - is there any offer in particular that attracts you?

worriednoob

happybunny86 said:

Are there any banks that have the £200 switching bonus available on joint accounts? 

If you have a read on here, there's plenty of helpful advise.  With regards to switching joint accounts, I say don't do it.  Instead do what a lot of others including myself have done - Open sole burner accounts and then switch - That way rather than you earnings only £200 jointly, you can instead double your money earn £200 individually.

happybunny86

worriednoob said:

happybunny86 said:

Are there any banks that have the £200 switching bonus available on joint accounts? 

If you have a read on here, there's plenty of helpful advise.  With regards to switching joint accounts, I say don't do it.  Instead do what a lot of others including myself have done - Open sole burner accounts and then switch - That way rather than you earnings only £200 jointly, you can instead double your money earn £200 individually.

I don't think this is possible as you have to use the switching service to get the £200 and you can't switch a joint to a standard via the switching service 

PRAISETHESUN

You can switch a sole account to a sole account, a sole account to a joint account, or a joint account to a joint account. What you can't do is switch a joint account to a sole account.

As pointed out above though, it's generally better to have each account holder open a sole account and switch another sole account into it to double your incentive, rather than wating it on a joint account. After you open the sole accounts and get paid the incentives, you can then convert one of them to a joint one if you so desire.

And for completeness, a list of the currently available incentives is available  here: https://www.moneysavingexpert.com/banking/compare-best-bank-accounts/

Stargunner

happybunny86 said:

worriednoob said:

happybunny86 said:

Are there any banks that have the £200 switching bonus available on joint accounts? 

If you have a read on here, there's plenty of helpful advise.  With regards to switching joint accounts, I say don't do it.  Instead do what a lot of others including myself have done - Open sole burner accounts and then switch - That way rather than you earnings only £200 jointly, you can instead double your money earn £200 individually.

I don't think this is possible as you have to use the switching service to get the £200 and you can't switch a joint to a standard via the switching service 

You don’t switch your joint account. You open 2 sole burner accounts and switch those.

pridehappy

I think nearly all of the switching offers should be available on joint accounts if you wish to switch - I've done it twice before to Nationwide Building Society and Virgin Money.