Switching deals - Any on the horizon?

patchyX2

Looks like the only bank offering a switching bonus at the minute is First Direct.

I was a bit late to the party last year and only managed to bag a bonus from Nationwide. By the time that switch went through, the other deals I was eyeing up had gone.

I know there was a glut of switching bonuses from various banks last year. I'm just curious as to whether that's 'normal'? Or is it rare for them to offer bonuses?

Trying to figure out whether it's worth keeping my nationwide account open ready for the next switching bonus, or close it down and accept I missed the boat.

boingy

Keep it ready. Nothing is guaranteed but there will most probably be a few switch deals to be had this year.

Bridlington1

I seem to recall all went relatively quiet on the switching front at some point in 2022/3 before a few more offers emerged. I imagine we'll see a few offers appearing over the coming months.

PledgeX2 said:

Trying to figure out whether it's worth keeping my nationwide account open ready for the next switching bonus, or close it down and accept I missed the boat.

I wouldn't close the account if I were you, if a switching offer emerges you can grab it using your Nationwide account, if none appear then your account won't be doing any harm just sat there so there seems little point in closing it now.

dealyboy

Hi Pledge ... you might like to watch Andy's (Be Clever With Your Cash) recent video on this topic on Youtube ... https://www.youtube.com/@BeCleverWithYourCash
Make £2,000 from your bank and spending in 2024 | Cash Chats #podcast ep353 

Edit: Sorry to those who tried the direct link to the video, which either took them some 23 minutes in or perhaps sent their computer scatty. I did test it after posting, it was OK for me but maybe part of the URL related to my Youtube login and timestamp from where I left off. I have just tried to post the link again, this time without the timestamp but it still takes me 23 minutes in. I have therefore simply provided Andy's channel with the name of the video, hopefully that doesn't cause any problems.

Slinky

I've kept the Nationwide account and set up the regular saver account alongside it earning 8%

yorkshireOAP

If it is not too late, avoid clicking dealyboy's link & video. It has totally seized my PC when trying to open. In a mess now😡😡

Bridlington1

yorkshireOAP said:

If it is not too late, avoid clicking dealyboy's link & video. It has totally seized my PC when trying to open. In a mess now😡😡

I've just tested the link on my laptop and it doesn't seem to have caused any issues at my end despite my knack for sending technical systems (including my laptop) slightly loopy for no apparent reason.

What sort of issue is it you're running into? Is it allowing you to play part of the video before crashing or is it not even letting you get that far?

Nasqueron

I have just gone to youtube for the channel, not clicking on the link above. It appears to be the same URL on a mouse over albeit to a point 1427 seconds in - the time stamps are in the description 

00:00 Intro
00:29 Making £2000 this year through banking and spending <br>02:20 Switch your bank and current account
04:55 Open Reward current accounts
11:37 Use cashback cards
15:15 Browse the best deals on cashback sites
17:19 Get cashback on buying giftcards
18:25 Earn cashback on bills
20:35 Make sure your savings are in the highest paying account
22:30 Share your banking data
24:41 Andy's Deals of the Week

https://www.youtube.com/watch?v=pgok-5YKxEo 

danny13579

Or just read the weekly MSE email from which all the above information has been obtained.

yorkshireOAP

After 60 mins of configuring windows, system back. Lesson learnt.

dealyboy

Hi ... To those who tried the URL link to Andy's Youtube video in the above post  ... https://forums.moneysavingexpert.com/discussion/comment/80520084/#Comment_80520084, I'm sorry if it caused problems, and I'm especially sorry to @yorkshireOAP, I've edited the post.

I don't know why it may have caused problems, but I can guess that it somehow had incorporated my Youtube login and/or timestamp of where I was when I copied the URL.

I owe yorkshireOAP 100 Thanks.