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Switching to Lloyds via Chase - Last 5 digits of card details for Switch?

Hi all,

Quick one on the switch to Lloyds from a spare chase current account - It is asking for the last 5 digits of the current debit card number & expiry date (Once the switch is complete any regular payments from this card will stop) - If I enter this into the switch info via the Lloyds app, will it terminate this card or just stop regular payments on it? 

For clarification I DO want to keep my current chase card and account, but have made 3 quick access current accounts for the bank switches on offer currently, one of which i am using for the Lloyds switch.

Appreciate any help/advice!

Comments

  • Marcoos
    Marcoos Posts: 195 Forumite
    100 Posts First Anniversary Name Dropper
    As long as your main chase account is set as the ‘spending from’ account, and you use one of your sub accounts for the switch. You’ll be fine. 
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,502 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Chase is an odd one since the debit card can be moved between accounts, but ultimately it doesn't matter if you have at least one Chase account remaining after your switch. I've done several Chase switches and I've found it doesn't seem to matter if you provide the card details or not, or if you have the card linked to the account being switched or not. In all cases I've not had any issues with the switch not completing, or having the debit card or any payments being cancelled.
  • Chase is an odd one since the debit card can be moved between accounts, but ultimately it doesn't matter if you have at least one Chase account remaining after your switch. I've done several Chase switches and I've found it doesn't seem to matter if you provide the card details or not, or if you have the card linked to the account being switched or not. In all cases I've not had any issues with the switch not completing, or having the debit card or any payments being cancelled.
    Thank you both for the prompt replies.

    In regards to the direct debits on the burner chase accounts - do they just need to be set up and in 'pending' and then you can start the switch straight away? Set them up last Friday, so didn't know whether they need to be debited, or just pending on that current account, and then you can switch with them?
  • Marcoos
    Marcoos Posts: 195 Forumite
    100 Posts First Anniversary Name Dropper
    EnigmaX said:
    Chase is an odd one since the debit card can be moved between accounts, but ultimately it doesn't matter if you have at least one Chase account remaining after your switch. I've done several Chase switches and I've found it doesn't seem to matter if you provide the card details or not, or if you have the card linked to the account being switched or not. In all cases I've not had any issues with the switch not completing, or having the debit card or any payments being cancelled.
    Thank you both for the prompt replies.

    In regards to the direct debits on the burner chase accounts - do they just need to be set up and in 'pending' and then you can start the switch straight away? Set them up last Friday, so didn't know whether they need to be debited, or just pending on that current account, and then you can switch with them?
    Ah the classic 'What constitutes an active direct debit'. Personally when I've done switches using Chase. I've waited for the direct debit to be taken. But technically, as they are on your account and pending, it can be considered 'active'. 

    Depending on the timescales for the switch, I'd wait. But others might advise just to initiate the switch anyway. 
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,502 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    edited 26 July 2024 at 3:34PM
    I always err on the side of caution and let my DDs pay out at least once before switching them, but given I pretty much always have one or two donor accounts sitting in the background with the requisite DDs, etc already set up I've never needed to risk it. You should be okay to switch them if they appear in your online banking but haven't paid out, but it's better to be safe IMO.
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