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First Direct £175 switching offer 09/09/2024

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Comments

  • danny13579
    danny13579 Posts: 1,838 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper

    TopCashback are now offering £45 cashback so you can now get £245 for switching to First Direct.

  • GTR_King
    GTR_King Posts: 2,144 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    I had HSBC account 2003-2015


    only issue with this offer is I have no spare direct debts but wanna switch my Halifax (now Lloyds classic) account to first direct don’t need 2 Lloyds current accounts! Any idea for direct debts or standing orders

  • danny13579
    danny13579 Posts: 1,838 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper

    GTR_King

    I had HSBC account 2003-2015


    only issue with this offer is I have no spare direct debts but wanna switch my Halifax (now Lloyds classic) account to first direct don’t need 2 Lloyds current accounts! Any idea for direct debts or standing orders

    You must also have never held any First Direct products in the past.

    Direct Debits.

    For standing orders, you can set up a couple for 1p each to send to another account you have.

  • GTR_King
    GTR_King Posts: 2,144 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 18 August at 11:59PM

    I have never been with First direct!


    joined HSBC 2003 when I was 13 left 2015 when I was 25 years old

    Do the standing orders have to be active e.g go out of account? To get bonus?

  • danny13579
    danny13579 Posts: 1,838 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper

    GTR_King

    Do the standing orders have to be active e.g go out of account? To get bonus?

    Just set both up on your donor account. Don't cancel them until you've received your bonus. Make sure they're both listed under your standing orders. Then open your account and start your switch.

  • GTR_King
    GTR_King Posts: 2,144 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 19 August at 12:01PM

    Thank you so for example pick 2 £1 standing orders to go to my 2 of my other accounts for the 15th of the month!


    initiate the switch transfer £1k in use debit card 5 times! Once I get payment cancel the standing orders! That should work

  • danny13579
    danny13579 Posts: 1,838 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper

    GTR_King Yes. Make sure the 2 standing orders are set up on the donor account. Check your list of standing orders after setting them up to ensure they're set up correctly.

    Then you can open your FD account and start your switch.

  • GTR_King
    GTR_King Posts: 2,144 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    thank you 🤩!


    Might do it next week as prefer my statements to be monthly for example 30th August to 30th September or 1st September to 1st October!


    do they pay you quite quickly one done all steps?

  • danny13579
    danny13579 Posts: 1,838 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper

    GTR_King

    do they pay you quite quickly one done all steps?

    I can't remember, it's so long since I did a FD switch offer. Perhaps someone who's done this offer recently could answer that one?

  • GTR_King
    GTR_King Posts: 2,144 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 19 August at 12:35PM

    hopefully not to long! I am considering this HSBC too much hassle & don’t have 2k spare to do switch offer!

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