First Direct Current Account

flaneurs_lobster

Stargunner said:

Kraka3 said:

I'm waiting for approval & still considering the option of switching.  I have several current accounts already, which I use for their attached benefits e.g. overseas spending, customer only savings accounts with good rates etc.

My main account I've had for years.  I initially went with the co-op as years ago I hadn't had a bank account t for years & very poor credit.  I got a basic bank account, the first credit card I could & built my credit rating back up.  I chose co-o;p as my options were limited, at the time I held a Bristol & West building society account (whom they acquired) & they are vaguely ethical as banks go.

I don't really want to close my existing account down, but get that it's an easy £175. 

You don't need to switch and close your existing Co-Op account. You can open another account and switch that.

Absolutely right, just don't forget that the account you switch to FD must have two Direct Debits/Standing Orders set up on it prior to the switch.

https://www.firstdirect.com/banking/switching-bank-accounts/