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

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Comments

  • HillStreetBlues
    HillStreetBlues Posts: 4,719 Forumite
    1,000 Posts Second Anniversary Homepage Hero Photogenic
    I'm going to try and the incentive even though I don't qualify.
    As they seem to allow those already with them to get it, I will leave the account as a sleeper till I do qualify.
    Will also open a savings account with the hope I get a Fairer Share payment next year.
    Let's Be Careful Out There
  • gerrard88
    gerrard88 Posts: 108 Forumite
    Sixth Anniversary 10 Posts Combo Breaker
    If i switch from chase and set up 2 30pence DD. Can I start the switch straight away or do I need to wait until DDa are set up?
  • harz99
    harz99 Posts: 3,683 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    Hmm, this isn't my scenario, but wouldn't any Virgin Money current account customers now be better off switching to NW ASAP before the takeover happens, assuming they can meet the conditions of the switch offer? 
  • danco
    danco Posts: 270 Forumite
    100 Posts Second Anniversary Name Dropper
    I'm thinking about switching from my HSBC Advance account. Problem is that this has an associated Global Money account, and I believe this needs to be closed first (that's what HSBC say in general about closing the Advance account), and I can't find instructions for closing this. As the balance in the Global Money is zero, it is possible that I can switch without closing it
  • ThePirates
    ThePirates Posts: 206 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    I switched my Advance account to Barclays for £175. The Global is still sat there with £1 in it...
  • HillStreetBlues
    HillStreetBlues Posts: 4,719 Forumite
    1,000 Posts Second Anniversary Homepage Hero Photogenic
    gerrard88 said:
    If i switch from chase and set up 2 30pence DD. Can I start the switch straight away or do I need to wait until DDa are set up?
    You do run the risk the DD won't be set up in time.
    When I used 30pDD with Chase  it was only a couple of days later they showed on by Chase account, once they did I Switched.
    Let's Be Careful Out There
  • WillPS
    WillPS Posts: 4,494 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    gerrard88 said:
    If i switch from chase and set up 2 30pence DD. Can I start the switch straight away or do I need to wait until DDa are set up?
    Set the switch to occur 2 or 3 weeks from now. Ideally you want at least 1 debit to have occurred before the switch which you can point to in case something goes wrong.
  • danco
    danco Posts: 270 Forumite
    100 Posts Second Anniversary Name Dropper
    I switched my Advance account to Barclays for £175. The Global is still sat there with £1 in it...
    Good to know. That's not what HSBC say, though
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,225 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    WillPS said:
    I've tried the last few incentives they've run, knowing I should be ineligible for all of them - no success either.

    Were the accounts you previously benefitted on a bonus on still open? Every claim I've seen of multiple payments have occurred when the person closed down the account they received a bonus on some time ago.

    Interesting... I have 2x current accounts, one of which is a longstanding current account which I've received an incentive before. It is still open. The other I opened during the last offer and switched into, but didn't get an incentive for.
  • WillPS
    WillPS Posts: 4,494 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    WillPS said:
    I've tried the last few incentives they've run, knowing I should be ineligible for all of them - no success either.

    Were the accounts you previously benefitted on a bonus on still open? Every claim I've seen of multiple payments have occurred when the person closed down the account they received a bonus on some time ago.

    Interesting... I have 2x current accounts, one of which is a longstanding current account which I've received an incentive before. It is still open. The other I opened during the last offer and switched into, but didn't get an incentive for.

    I suspect while that account you've previously had a bonus on is open you've little chance of sneaking in with another bonus; I don't know for sure but my assumption is their check looks for the "Switiching Offer" transaction on all accounts where all account names match, but seemingly it can't find it on accounts which have been closed (for some time?).
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