£175 Nationwide Switch Incentive, starting 25/09/2024

tomxlisa

Thanks for that, I take it I can’t switch away until the bonus is received?. 

PRAISETHESUN

tomxlisa said:

Thanks for that, I take it I can’t switch away until the bonus is received?. 

Correct. You need to keep the account open until the incentive is paid.

s71hj

PRAISETHESUN said:

tomxlisa said:

Thanks for that, I take it I can’t switch away until the bonus is received?. 

Correct. You need to keep the account open until the incentive is paid.

If you want to engage in multiple switches the easiest approach is if you have a Chase account open additional Chase accounts - this takes moments to do. Then if there is a direct debit requirement for the incentive, just set the necessary ones up via "30 p direct debits" - set up and payout in appx 10 days. The cost of the 30p dds is nothing compared to the incentive gained and the hassle of working out how to set other direct debits avoided.

Screenager

tomxlisa said:

Screenager said:

Anyone know the rough time for it to be paid out, been 3 days yet NatWest took 1 hour.

My switch completes today so would also like to know how long it takes to go in so I can get on with the next, I had a text saying we will let you know if your eligible for the money but haven’t heard anything since. 

Mine paid out today so it was three days after using my debit card.

Ponchos

Applied for the account on November 12th, switching completed on 21st, all requirements fulfilled by 22nd, switch rewards paid today, 26th.

Thanks for the help, everyone!

tomxlisa

s71hj said:

PRAISETHESUN said:

tomxlisa said:

Thanks for that, I take it I can’t switch away until the bonus is received?. 

Correct. You need to keep the account open until the incentive is paid.

If you want to engage in multiple switches the easiest approach is if you have a Chase account open additional Chase accounts - this takes moments to do. Then if there is a direct debit requirement for the incentive, just set the necessary ones up via "30 p direct debits" - set up and payout in appx 10 days. The cost of the 30p dds is nothing compared to the incentive gained and the hassle of working out how to set other direct debits avoided.

Yeah that’s definitely something I’m gonna look into as that way you don’t have to keep doing hard searches for new bank accounts too and potentially could have more then one switch in process at the same time if im correct in thinking?.

WillPS

tomxlisa said:

s71hj said:

PRAISETHESUN said:

tomxlisa said:

Thanks for that, I take it I can’t switch away until the bonus is received?. 

Correct. You need to keep the account open until the incentive is paid.

If you want to engage in multiple switches the easiest approach is if you have a Chase account open additional Chase accounts - this takes moments to do. Then if there is a direct debit requirement for the incentive, just set the necessary ones up via "30 p direct debits" - set up and payout in appx 10 days. The cost of the 30p dds is nothing compared to the incentive gained and the hassle of working out how to set other direct debits avoided.

Yeah that’s definitely something I’m gonna look into as that way you don’t have to keep doing hard searches for new bank accounts too and potentially could have more then one switch in process at the same time if im correct in thinking?.

Yep. Just make sure you keep one current account open, because as things stand switching the last one away closes the door on them altogether; you cannot reapply as a former customer.

s71hj

WillPS said:

tomxlisa said:

s71hj said:

PRAISETHESUN said:

tomxlisa said:

Thanks for that, I take it I can’t switch away until the bonus is received?. 

Correct. You need to keep the account open until the incentive is paid.

If you want to engage in multiple switches the easiest approach is if you have a Chase account open additional Chase accounts - this takes moments to do. Then if there is a direct debit requirement for the incentive, just set the necessary ones up via "30 p direct debits" - set up and payout in appx 10 days. The cost of the 30p dds is nothing compared to the incentive gained and the hassle of working out how to set other direct debits avoided.

Yeah that’s definitely something I’m gonna look into as that way you don’t have to keep doing hard searches for new bank accounts too and potentially could have more then one switch in process at the same time if im correct in thinking?.

Yep. Just make sure you keep one current account open, because as things stand switching the last one away closes the door on them altogether; you cannot reapply as a former customer.

The other thing with Chase is that you use the one debit card number for all switches as it is primarily given to identify you and is associated with all of your Chase accounts. Therefore you can have multiple accounts switching from Chase at the same time with the same debit card number having been used, as long as you give the unique Chase sort code and account number in each case.

tomxlisa

s71hj said:

WillPS said:

tomxlisa said:

s71hj said:

PRAISETHESUN said:

tomxlisa said:

Thanks for that, I take it I can’t switch away until the bonus is received?. 

Correct. You need to keep the account open until the incentive is paid.

If you want to engage in multiple switches the easiest approach is if you have a Chase account open additional Chase accounts - this takes moments to do. Then if there is a direct debit requirement for the incentive, just set the necessary ones up via "30 p direct debits" - set up and payout in appx 10 days. The cost of the 30p dds is nothing compared to the incentive gained and the hassle of working out how to set other direct debits avoided.

Yeah that’s definitely something I’m gonna look into as that way you don’t have to keep doing hard searches for new bank accounts too and potentially could have more then one switch in process at the same time if im correct in thinking?.

Yep. Just make sure you keep one current account open, because as things stand switching the last one away closes the door on them altogether; you cannot reapply as a former customer.

The other thing with Chase is that you use the one debit card number for all switches as it is primarily given to identify you and is associated with all of your Chase accounts. Therefore you can have multiple accounts switching from Chase at the same time with the same debit card number having been used, as long as you give the unique Chase sort code and account number in each case.

In regards to the debit card I did want to ask about that when you open additional accounts do you get cards for them as well or do you just remain with the one card for all accounts, if so how does that work with the switching as the card gets blocked/deactivated when you switch doesn’t it, can you clarify how that situation works?.

s71hj

tomxlisa said:

s71hj said:

WillPS said:

tomxlisa said:

s71hj said:

PRAISETHESUN said:

tomxlisa said:

Thanks for that, I take it I can’t switch away until the bonus is received?. 

Correct. You need to keep the account open until the incentive is paid.

If you want to engage in multiple switches the easiest approach is if you have a Chase account open additional Chase accounts - this takes moments to do. Then if there is a direct debit requirement for the incentive, just set the necessary ones up via "30 p direct debits" - set up and payout in appx 10 days. The cost of the 30p dds is nothing compared to the incentive gained and the hassle of working out how to set other direct debits avoided.

Yeah that’s definitely something I’m gonna look into as that way you don’t have to keep doing hard searches for new bank accounts too and potentially could have more then one switch in process at the same time if im correct in thinking?.

Yep. Just make sure you keep one current account open, because as things stand switching the last one away closes the door on them altogether; you cannot reapply as a former customer.

The other thing with Chase is that you use the one debit card number for all switches as it is primarily given to identify you and is associated with all of your Chase accounts. Therefore you can have multiple accounts switching from Chase at the same time with the same debit card number having been used, as long as you give the unique Chase sort code and account number in each case.

In regards to the debit card I did want to ask about that when you open additional accounts do you get cards for them as well or do you just remain with the one card for all accounts, if so how does that work with the switching as the card gets blocked/deactivated when you switch doesn’t it, can you clarify how that situation works?.

I've opened and swiftly switched out a couple of Chase current accounts but the debit card remains valid, I assume unless all Chase accounts are closed. Remember your Chase debit card number is not on the physical card too but can be viewed online along with expiry date and cvc.