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

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Comments

  • Ponchos
    Ponchos Posts: 685 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    After seeing success on this thread I'm going to have a go at the hattrick myself. Once I've got my three spare accounts (planning on opening two extra accounts with TSB and one with First Direct as I'm already with them both), made the three transfers and had the new accounts all successfully opened, my question is, is it better to put 3x £1250 in to each new account simultaneously, or can I use one "lot" of £1250 to put into New Account A, then B, then C (after letting it sit for 24+ hours of course), or doesnt it make a difference? TIA
  • danny13579
    danny13579 Posts: 732 Forumite
    500 Posts Second Anniversary Photogenic Name Dropper
    Ponchos said:
    is it better to put 3x £1250 in to each new account simultaneously, or can I use one "lot" of £1250 to put into New Account A, then B, then C (after letting it sit for 24+ hours of course), or doesnt it make a difference? TIA
    It doesn't make any difference.
  • rider22
    rider22 Posts: 85 Forumite
    10 Posts Name Dropper
    Ponchos said:
    After seeing success on this thread I'm going to have a go at the hattrick myself. Once I've got my three spare accounts (planning on opening two extra accounts with TSB and one with First Direct as I'm already with them both), made the three transfers and had the new accounts all successfully opened, my question is, is it better to put 3x £1250 in to each new account simultaneously, or can I use one "lot" of £1250 to put into New Account A, then B, then C (after letting it sit for 24+ hours of course), or doesnt it make a difference? TIA
    how to open extra account in TSB?
  • bigstevex
    bigstevex Posts: 919 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    edited 4 March 2024 at 6:57PM
    Think I did my rbs payment an hour before I got the text to say the switch had completed, it was the day after the old account closed though, do I really have to wait for that text to come before sending the 1250? Left it in all weekend too
  • danny13579
    danny13579 Posts: 732 Forumite
    500 Posts Second Anniversary Photogenic Name Dropper
    edited 4 March 2024 at 7:01PM
    bigstevex said:
    do I really have to wait for that text to come before sending the 1250?
    The terms are unclear. They just say "within 60 days of switching to your eligible account". It's not clear whether it's within 60 days of switch starting or completing. I don't think it makes any difference. You can always put in the £1,250 before the switch completes, see if you get the bonus 2 working days after it completes, and if not put it in again after the switch completes.
  • harz99
    harz99 Posts: 3,743 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    bigstevex said:
    do I really have to wait for that text to come before sending the 1250?
    The terms are unclear. They just say "within 60 days of switching to your eligible account". It's not clear whether it's within 60 days of switch starting or completing. I don't think it makes any difference. You can always put in the £1,250 before the switch completes, see if you get the bonus 2 working days after it completes, and if not put it in again after the switch completes.
    I think it's perfectly clear that until the switch has completed, you haven't actually switched in relation to the offer.

     I would always err on the side of caution and wait until the bank that will be paying you the bonus tells you the switch has completed, before undertaking any additional requirements there may be.
  • HillStreetBlues
    HillStreetBlues Posts: 6,168 Forumite
    1,000 Posts Third Anniversary Homepage Hero Photogenic
    edited 4 March 2024 at 7:49PM
    harz99 said:
    bigstevex said:
    do I really have to wait for that text to come before sending the 1250?
    The terms are unclear. They just say "within 60 days of switching to your eligible account". It's not clear whether it's within 60 days of switch starting or completing. I don't think it makes any difference. You can always put in the £1,250 before the switch completes, see if you get the bonus 2 working days after it completes, and if not put it in again after the switch completes.
    I think it's perfectly clear that until the switch has completed, you haven't actually switched in relation to the offer.

     I would always err on the side of caution and wait until the bank that will be paying you the bonus tells you the switch has completed, before undertaking any additional requirements there may be.
    The wording is very clear, 59 days after completed switch and 59 days before the completed switch are both within 60 days of the completed switch.

    It might not be what they meant but they would have to be clear if they just meant 60 days after.
    Let's Be Careful Out There
  • danny13579
    danny13579 Posts: 732 Forumite
    500 Posts Second Anniversary Photogenic Name Dropper
    harz99 said:
    bigstevex said:
    do I really have to wait for that text to come before sending the 1250?
    The terms are unclear. They just say "within 60 days of switching to your eligible account". It's not clear whether it's within 60 days of switch starting or completing. I don't think it makes any difference. You can always put in the £1,250 before the switch completes, see if you get the bonus 2 working days after it completes, and if not put it in again after the switch completes.
    I think it's perfectly clear that until the switch has completed, you haven't actually switched in relation to the offer.
    That's not clear to me at all.
  • superdayold
    superdayold Posts: 68 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    bigstevex said:
    Think I did my rbs payment an hour before I got the text to say the switch had completed, it was the day after the old account closed though, do I really have to wait for that text to come before sending the 1250? Left it in all weekend too
    I sent mine over when chase text to say it closed, before Natwest confirmed. Got my money say 4 working days later
  • gazza85
    gazza85 Posts: 43 Forumite
    Sixth Anniversary 10 Posts
    Sorry if this has already been covered.. 

    Is it possible to get away with applying at more than one of the banks and getting the bonus? 

    I've got a switch going through to an existing Natwest Account, and wondering if it's worthwhile to also attempt it with one of the others? 
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