How new can a Current Account be for the Current Account Switch Service?

h4dsaver

I am trying to take advantage of First Direct's CASS offer, but I don't want to use First Direct as my main bank.
Therefore, I have set up a Revolut account, and created 2 Direct Debits from that account, however I wanted to double-check that using the CASS on an account that's about a week old will still be accepted, and will still mean I get the £175 switching bonus.
Thanks in advance.

PRAISETHESUN

To use CASS, the bank/building society needs to sign up for the scheme - see here for a list of participating banks: https://www.currentaccountswitch.co.uk/banks-building-societies/

Revolut isn't signed up so can't be switched. To answer your question and offer a suggestion however, there's no limit to how new the donor account can be. Usually you just need the account details + debit card number, which often means you need to wait for the physical card to arrive. Other then that there's no limit.

If you want a bank that's easy to set up, I'd recommend Chase. Open up an account, and then once you have done so open up a second current account (note - not a savings account) in the app. As long as you always keep at least one current account open, you can then keep opening up secondary accounts to use as donors for switching.

Nasqueron

I've created an account (both with Monzo and Starling and with Nationwide who I already had a savings account with) and as soon as I got the card etc through I switched

deinoflex

Looking at the list of banks participating in CASS I can't see Revolut -

https://www.currentaccountswitch.co.uk/banks-building-societies/

h4dsaver

Thank you to everyone for your help, made a bit of a blunder not checking the list of banks so I guess I'll start the process again with Chase as recommended

WillPS

There's always a delay between you requesting a CASS switch and the receiving bank actually initiating it - I'd imagine this is sufficient to overcome any 'setup lag' there may or may not be.

Do note that opening accounts and then immediately closing them has been known to cause permabans, although Chase seems to be fine so long as you leave at least one account open with them. YMMV!

Nasqueron

WillPS said:

There's always a delay between you requesting a CASS switch and the receiving bank actually initiating it - I'd imagine this is sufficient to overcome any 'setup lag' there may or may not be.

Do note that opening accounts and then immediately closing them has been known to cause permabans, although Chase seems to be fine so long as you leave at least one account open with them. YMMV!

Indeed, Starling in theory have said no to return but I did it around a year or so later