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Co Op Switch offer (seen 15th January 2024)

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  • Nasqueron
    Nasqueron Posts: 10,761 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I had my switch letter from Barclays (app notification today for a letter dated 6th)

    Should still proceed on 13th as planned, 1 DD gone already and 1 to follow 

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • anna42hmr
    anna42hmr Posts: 2,890 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 8 February 2024 at 6:08PM
    just wondering, has any one else noticed how long it takes for the payees (i.e for faster payments to be made to) to be added onto coop site for switching.  My switch is due to complete on Monday, so i am technically on day 5 of the 7 working day switching process, however on prior switches elsewhere, i can usually see the new payees for faster payments online by this point, however nothing showing on there as yet.

    There is also no mention of the two standing orders that are moving from nationwide to Co-op.   Do they not show up until the actual switch date for coop? (as on other switches done in the past can usually see them on the new account by day 4/day 5?

    I can see the direct debit that should be moving ok on there, which i why i thought i would be able to see the standing orders and account payees for other payment by now (not showing on coop app or the coop website)

    I'm not worrying too much yet as worse case senario of don't move will add another standing order, as new manually direct onto coop but just wondering
    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
  • MABLE
    MABLE Posts: 4,236 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    anna42hmr said:
    just wondering, has any one else noticed how long it takes for the payees (i.e for faster payments to be made to) to be added onto coop site for switching.  My switch is due to complete on Monday, so i am technically on day 5 of the 7 working day switching process, however on prior switches elsewhere, i can usually see the new payees for faster payments online by this point, however nothing showing on there as yet.

    There is also no mention of the two standing orders that are moving from nationwide to Co-op.   Do they not show up until the actual switch date for coop? (as on other switches done in the past can usually see them on the new account by day 4/day 5?

    I can see the direct debit that should be moving ok on there, which i why i thought i would be able to see the standing orders and account payees for other payment by now (not showing on coop app or the coop website)

    I'm not worrying too much yet as worse case senario of don't move will add another standing order, as new manually direct onto coop but just wondering
    I complete on 12th and all dd’s appeared in the co op account two days ago but no other payees as yet
  • anna42hmr
    anna42hmr Posts: 2,890 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    thanks Mable, that reassures me that it just be how coop set up on switches work,
    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
  • MACKEM99
    MACKEM99 Posts: 1,069 Forumite
    1,000 Posts Fifth Anniversary Name Dropper
    Today is switch completion day.  Just checked  nothing moved in yet for me or other half.  What has been the experience of others does it move across sometime later in the day?

    Thanks.

    M99
  • MACKEM99 said:
    Today is switch completion day.  Just checked  nothing moved in yet for me or other half.  What has been the experience of others does it move across sometime later in the day?

    Thanks.

    M99
    Same here. All D/D showing, only one of two S/O showing and I can still see money in my Barclays account and it's not been transferred over to CO-OP yet. Is it by end of day on switch date?
  • DJSINGH
    DJSINGH Posts: 188 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    My barclays now disappeared. Will register for online banking now and meet the t+c! 
  • MACKEM99 said:
    Today is switch completion day.  Just checked  nothing moved in yet for me or other half.  What has been the experience of others does it move across sometime later in the day?

    Thanks.

    M99
    for me it was early in the morning because I checked it around 9am and money incl DD/payees was moved to Coop whilst my donor a/c was still showing up and accessible with no money in it.  Same for OH 
  • MACKEM99
    MACKEM99 Posts: 1,069 Forumite
    1,000 Posts Fifth Anniversary Name Dropper
    It was well before 9 when I checked.  Will try again later this morning when I get home. 
  • Nothing on e-mail yet, tbh not checked the Co op online but Barclays account (it better be one or I will kick off) is still there loud n proud.
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