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NatWest/RBS/Ulster £200 Switching Offer 15/2/2024-2/4/2024

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  • fun4everyone
    fun4everyone Posts: 2,369 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 4 April 2024 at 1:50PM
    Redarmy32 said:
    Wish I'd looked at this sooner I've never had a switching bonus from any of the three but did RBS last week and moved the £1250 in yesterday so just waiting for their bonus. Am I able to simply move from RBS then NatWest followed by Ulster and get all 3 bonus or would I need two burner accounts to get the other two or is it too late at this point 

    That wouldnt have worked, youd have needed a couple more donor accounts but its too late now anyway. From the sounds of it you will at least be getting £200 so not too bad.

    Maybe take a look at the Santander offer for another £185
  • danny13579
    danny13579 Posts: 721 Forumite
    500 Posts Second Anniversary Name Dropper
    RG2015 said:
    RG2015 said:
    Nasqueron said:
    The terms of the offer say pay in after switching 
    I thought that, but a poster a few pages back said the deposit window commenced as soon as the switch process starts.
    These are both the same thing.
    Not as described in the respective posts.

    One is after the switch has commenced and the other is after the switch has finalised.
    This is incorrect. They are both the same. The fact that many people have received their bonuses when they deposited their £1,250 before the switch completion date confirms this. 
  • danny13579
    danny13579 Posts: 721 Forumite
    500 Posts Second Anniversary Name Dropper
    edited 4 April 2024 at 2:02PM
    Redarmy32 said:
    Wish I'd looked at this sooner I've never had a switching bonus from any of the three but did RBS last week and moved the £1250 in yesterday so just waiting for their bonus. Am I able to simply move from RBS then NatWest followed by Ulster and get all 3 bonus or would I need two burner accounts to get the other two or is it too late at this point 
    The terms for switching to NatWest say "complete a switch of a non-NatWest current account to your eligible account", so probably yes, but to be on the safe side I would probably use a burner account from a different banking group. As the offer has ended it doesn't really matter for now until they start a new one.
  • goatfaced
    goatfaced Posts: 327 Forumite
    Fifth Anniversary 100 Posts Name Dropper Photogenic
    Ulster want me to return my letter, it needs a signature. I've done the identification online, so the signature is all they want. It sounds like the rest of you got a different letter to me, hmph!
  • danny13579
    danny13579 Posts: 721 Forumite
    500 Posts Second Anniversary Name Dropper
    goatfaced said:
    Ulster want me to return my letter, it needs a signature. I've done the identification online, so the signature is all they want. It sounds like the rest of you got a different letter to me, hmph!
    I did the Ulster switch last year and the only thing I had to return was the letter with signature. 
  • RG2015
    RG2015 Posts: 6,055 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    RG2015 said:
    RG2015 said:
    Nasqueron said:
    The terms of the offer say pay in after switching 
    I thought that, but a poster a few pages back said the deposit window commenced as soon as the switch process starts.
    These are both the same thing.
    Not as described in the respective posts.

    One is after the switch has commenced and the other is after the switch has finalised.
    This is incorrect. They are both the same. The fact that many people have received their bonuses when they deposited their £1,250 before the switch completion date confirms this. 
    I think there is some misunderstanding here. I am commenting on two different statements by two different people.

    @anna42hmr said;

    I now have a switch date from Natwest, its completing on 9th (next tuesday) will the £1250 payment in work for the Incentive if i pay it in now rather than after switch has finalised?"

    @Nasqueron said;


    ".....there isn't really anything to be gained by ignoring the terms of the switch and paying early"

    How can these two be describing the same thing?



  • danny13579
    danny13579 Posts: 721 Forumite
    500 Posts Second Anniversary Name Dropper
    RG2015 said:
    RG2015 said:
    RG2015 said:
    Nasqueron said:
    The terms of the offer say pay in after switching 
    I thought that, but a poster a few pages back said the deposit window commenced as soon as the switch process starts.
    These are both the same thing.
    Not as described in the respective posts.

    One is after the switch has commenced and the other is after the switch has finalised.
    This is incorrect. They are both the same. The fact that many people have received their bonuses when they deposited their £1,250 before the switch completion date confirms this. 
    I think there is some misunderstanding here. I am commenting on two different statements by two different people.

    @anna42hmr said;

    " I now have a switch date from Natwest, its completing on 9th (next tuesday) will the £1250 payment in work for the Incentive if i pay it in now rather than after switch has finalised?"

    @Nasqueron said;


    ".....there isn't really anything to be gained by ignoring the terms of the switch and paying early"

    How can these two be describing the same thing?



    Those two statements are not what I'm describing as being the same thing.
  • RG2015
    RG2015 Posts: 6,055 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    RG2015 said:
    RG2015 said:
    RG2015 said:
    Nasqueron said:
    The terms of the offer say pay in after switching 
    I thought that, but a poster a few pages back said the deposit window commenced as soon as the switch process starts.
    These are both the same thing.
    Not as described in the respective posts.

    One is after the switch has commenced and the other is after the switch has finalised.
    This is incorrect. They are both the same. The fact that many people have received their bonuses when they deposited their £1,250 before the switch completion date confirms this. 
    I think there is some misunderstanding here. I am commenting on two different statements by two different people.

    @anna42hmr said;

    " I now have a switch date from Natwest, its completing on 9th (next tuesday) will the £1250 payment in work for the Incentive if i pay it in now rather than after switch has finalised?"

    @Nasqueron said;


    ".....there isn't really anything to be gained by ignoring the terms of the switch and paying early"

    How can these two be describing the same thing?



    Those two statements are not what I'm describing as being the same thing.
    Okay, it is a misunderstanding then.
  • Nasqueron
    Nasqueron Posts: 10,756 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 4 April 2024 at 4:09PM
    RG2015 said:
    RG2015 said:
    RG2015 said:
    Nasqueron said:
    The terms of the offer say pay in after switching 
    I thought that, but a poster a few pages back said the deposit window commenced as soon as the switch process starts.
    These are both the same thing.
    Not as described in the respective posts.

    One is after the switch has commenced and the other is after the switch has finalised.
    This is incorrect. They are both the same. The fact that many people have received their bonuses when they deposited their £1,250 before the switch completion date confirms this. 
    I think there is some misunderstanding here. I am commenting on two different statements by two different people.

    @anna42hmr said;

    " I now have a switch date from Natwest, its completing on 9th (next tuesday) will the £1250 payment in work for the Incentive if i pay it in now rather than after switch has finalised?"

    @Nasqueron said;


    ".....there isn't really anything to be gained by ignoring the terms of the switch and paying early"

    How can these two be describing the same thing?



    It may work, it may not, I just don't see any point in ignoring the terms that say pay in after the switch completes - at best, you get the money, at worst, you have to bump the money back in again for another 24 hours potentially losing a bit of interest or not having the funds available again. It may not make any difference but you have 60 days anyway so why not just do it per the terms and avoid any gamble?

    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.

  • danny13579
    danny13579 Posts: 721 Forumite
    500 Posts Second Anniversary Name Dropper
    Nasqueron said:
    It may work, it may not, I just don't see any point in ignoring the terms that say pay in after the switch completes
    That is not what the terms say.
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