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Switching

Gummomarx
Gummomarx Posts: 209
Part of the Furniture 100 Posts Name Dropper Photogenic
Forumite
edited 30 January 2025 at 10:16PM in Budgeting & bank accounts
I think I'm finally being persuaded to switch to First Direct.  The wife and I have a joint account and I have a single account with Santander.
If I switch only the single account, will I still get the full rewards of the switch?

Comments

  • It's better to do single switches rather than joint switches. If both you and your wife do a single switch each, then you each get the bonus (ie. 2x £175). If instead you do a joint switch then you only get one incentive between the two of you (ie. 1x £175).

    If you're really set on a joint FD account, then you should still both do a single switch, but after you have both been paid the bonus then you can then turn one of them into a joint account and close the other.
  • fatbelly
    fatbelly Posts: 24,127
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
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    Go through topcashback for £45 plus the £175 when you jump through the hoops
  • fatbelly said:
    Go through topcashback for £45 plus the £175 when you jump through the hoops

    Good shout on this. OP just remember you will need to remember to use a different TCB account for each FD account you open
  • Gummomarx
    Gummomarx Posts: 209
    Part of the Furniture 100 Posts Name Dropper Photogenic
    Forumite
    edited 31 January 2025 at 12:56AM
    fatbelly said:
    Go through topcashback for £45 plus the £175 when you jump through the hoops

    Am I glad I posted my original question - thank you so much.
    I haven't switched in 10 years, so forgive my ignorance - do I go directly to FD from the TCB link, i.e no middle-man?
  • fatbelly
    fatbelly Posts: 24,127
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    Forumite
    Gummomarx said:
    fatbelly said:
    Go through topcashback for £45 plus the £175 when you jump through the hoops

    Am I glad I posted my original question - thank you so much.
    I haven't switched in 10 years, so forgive my ignorance - do I go directly to FD from the TCB link, i.e no middle-man?
    Yes, that's the way it works. I don't think I've ever had something fail to track and I've used them for nearly 20 years

    It can take a few months to appear in your account sometimes
  • fatbelly said:
    Yes, that's the way it works. I don't think I've ever had something fail to track and I've used them for nearly 20 years

    It can take a few months to appear in your account sometimes
    Doing it now - thanks for the reassurance.

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