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

danny13579

Advice2017 said:

Thank you very much danny13579 for your helpful replies.  I will try all 3 then, nothing to lose I guess. Fingers crossed!

Absolutely. Go for it. We should start getting a better idea once they start paying the bonuses in a week or two.

Yorkshire_Pud

HillStreetBlues said:

Yorkshire_Pud said:

HillStreetBlues said:

Yorkshire_Pud said:

WillPS said:

Yorkshire_Pud said:

paddyposh said:

Does the £1250 actually have to stay in for 24 hours? Or anyone had any joy by depositing and taking it back out sooner

Yes because they are making sure no one does the in/out shuffle, say £250 five times in a day. Don’t know the answer to the second part of your question.

The in/out shuffle is still perfectly possible, it just takes 5+ days. The point above the 24 hours one makes this clear.

Please enlighten me because what has 24hours got to do with 5+ days? Thanks.

The money needs to stay into the account for 24 hours.
So if you paid in £250 waited 24 hours then transferred it out, then back in again and repeat, it would take a minimum of 5 days.

OK I get it now! I will do the £1250 for 24 hours however as that seems how they intended it to work and I don’t want to give them a chance to deny me the £200, or extend the receipt of it. But yes for folks with less than their £1250 it’s good there is a workaround. 

You could do it with about £22, can't see anyone trying that thou.

57 days x £22. Yes that would be pretty desperate! Wonder how the incentive payment would be triggered, if it was.

harz99

@youngretired can you recall the furthest date in advance you could pick for the switch please?

bobeschism

youngretired said:

I've applied for the Ulster account, as I would like the Loyalty Saver. During the application it gave me the reserved account details and allowed me to pick the switch date and choose a memorable password.

I was expecting to do the ID process during the application like Natwest, but didn't get the option. All I got was a application reference and statement they will complete their final checks and text or email within the next few days to advise on the next steps. Also statement saying once we receive your paperwork, we'll complete your application.

Did all other Ulster new customers have the same or did you provide ID during the application?

You'll shortly receive a text from Ulster asking you to "confirm your ID through our security partner HooYu", with a link.

youngretired

harz99 I can't remember exactly, I picked the 6th March (earliest being the 1st) and I know that the options was very long. Normal switches usually allow up to 30 days. 

HHUK

GTR_King said:

How long did it take for debit card to arrive after opening account? Can you view pin before it comes in the post via the app! 

I received my card and PIN in the post within a couple of days of opening the Select account. I can view the PIN in the app, but don't know if it was possible before they had been mailed.

FishInGlass

GTR_King said:

How long did it take for debit card to arrive after opening account? Can you view pin before it comes in the post via the app! 

I applied for the NatWest account on Thursday 15th also requesting a switch. I already had an existing account with NatWest and I was given my new account number at the end of the request.Switch date 27th Feb.

Friday 16th email that they are getting my account ready even though I can see it in online banking.

Monday 19th thank you for switching email and texts

Tuesday 20th Card arrived

Wednesday 21st Pin arrived

I didn't try viewing the pin either online or in the app.

yourlocalcheesemonger

Does natwest give a switch date? Got the new acc no, sort, and ID but no mention of switch date

danny13579

yourlocalcheesemonger said:

Does natwest give a switch date? Got the new acc no, sort, and ID but no mention of switch date

You should receive a text message with your switch completion date. 

Brewer21

Well after not being able to supply id online, that's photo id, I don't have it I closed the process and forgetting about this switch incentive with Ulster.
I chose Ulster as I've never had their account but currently have an RBS account and can't really remember when I last had a NatWest incentive, think 2-3 year ago?
So this morning I get a letter asking me to provide a signature, tick a box and asking me to provide an exact name to be put on the debit card. Is this standard procedure from Ulster, do I stand a chance of them just wanting this?
And as I type this I get a reminder to provide id via a text link. What's the chances of being accepted without the online id photo check?