New Switch Offer Frequency?

tryin

Clicker9180 said:

https://www.moneysavingexpert.com/banking/compare-best-bank-accounts/#switch

Right now both Lloyds and Barclays have 175£ switch offers but expiring very soon so I'll only have time to do one. Which bank offers these switch offers more frequently, which one is rarely doing it?

Lloyds have offered many more times in the recent past (although that's no guarantee for the future of course). Bear in mind that it's always possible to do both at the same time, just open another account to switch from, I've done this many times. If you need to set up a quick direct debit I use https://smalldirectdebit.co.uk/, although if you have a savings account which takes direct debits that would be better.

adamp87

eskbanker said:

There's no discernible pattern, some will rarely/never do them and others will be more frequent - unless you're waiting for an offer from one specific bank, there'll usually be a range to pick from....

HSBC/TSB/Lloyds/Halifax/Santander/Natwest/Ulster/Bank Of Scotland/First Direct/Nationwide have all ran multiple offers over the last few years sometimes they close and come back the next quarter/6 months 

Really that’s all the major banks covered.

Barclays are the only one I’ve never seen do any offer until the past month.