We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Natwest loan low rate for existing customer but wanting to now change bank
Options
Hi, I'll start with an apology that the loan was so long ago, we now can't find the T&Cs but when taken out, it was a loan from natwest for existing customers offered at a "special rate" for my partner.
We now want to move bank (to create a joint account now we're buying a house together) and wondered if anyone knew would that rate possibly change once we move bank and close natwest?
Thank you
We now want to move bank (to create a joint account now we're buying a house together) and wondered if anyone knew would that rate possibly change once we move bank and close natwest?
Thank you
0
Comments
-
You'll need to check your T&Cs or ask Natwest. I don't know NW specifically but theoretically it could be either - based on being an existing customer at the time or based on beign an ongoing customer, with a different rate applicable if not.
As an alternative, could you not leave thsi account there with a small balance, and just move your income and direct debits manually to a new account?3 -
Just open a new joint account and leave the existing account in place.1
-
We have a joint account with Starling, no OD, they pay interest on credit balances and very easy to setup and manage funds, keep personal banking separate - just a thought of avoiding any issues with NW
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.
1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards