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Lloyds Bank £200 switch from 16 September 2025

1356

Comments

  • Threw in an application and switch using the app. Got an email saying I had to attend branch, then suddenly another one saying it’s all approved. I await the switch and potential bonus! Very smooth process so far. 
  • Bob2000
    Bob2000 Posts: 555 Forumite
    500 Posts First Anniversary Name Dropper Photogenic
    edited 20 September 2025 at 2:39PM
    I've set up three DD, two 50p ones, and a £1 one, but all are being processed by "STRIPE.""
     Will lloyds recognise them as separate DD payments?

    Also waiting for them to become active.
  • Bob2000 said:
    I've set up three DD, two 50p ones, and a £1 one, but all are being processed by "STRIPE.""
     Will lloyds recognise them as separate DD payments?

    Also waiting for them to become active.
    My understanding is if they appear as seperate mandates listed on your current account then they will all be okay

  • Bob2000
    Bob2000 Posts: 555 Forumite
    500 Posts First Anniversary Name Dropper Photogenic
    Bob2000 said:
    I've set up three DD, two 50p ones, and a £1 one, but all are being processed by "STRIPE.""
     Will lloyds recognise them as separate DD payments?

    Also waiting for them to become active.
    My understanding is if they appear as seperate mandates listed on your current account then they will all be okay

    Ok, thanks for that.
  • Bob2000
    Bob2000 Posts: 555 Forumite
    500 Posts First Anniversary Name Dropper Photogenic
    Another day, another question...

    I've opened the club lloyds  account and instructed  the switch into it from my other account.
    So because I've got the CL account as of today, do l need to deposit £2000 before this month(sept) is out, if l don't want to pay the £5 fee?
  • Ed-1
    Ed-1 Posts: 4,024 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Bob2000 said:
    Another day, another question...

    I've opened the club lloyds  account and instructed  the switch into it from my other account.
    So because I've got the CL account as of today, do l need to deposit £2000 before this month(sept) is out, if l don't want to pay the £5 fee?
    No, the fee isn't charged in the first month.
  • Bob2000
    Bob2000 Posts: 555 Forumite
    500 Posts First Anniversary Name Dropper Photogenic
    Ed-1 said:
    Bob2000 said:
    Another day, another question...

    I've opened the club lloyds  account and instructed  the switch into it from my other account.
    So because I've got the CL account as of today, do l need to deposit £2000 before this month(sept) is out, if l don't want to pay the £5 fee?
    No, the fee isn't charged in the first month.
    Thank you for that information.
    But in the end, l put 2k in and out just to make sure
  • trient
    trient Posts: 201 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    Bob2000 said:
    Ed-1 said:
    Bob2000 said:
    Another day, another question...

    I've opened the club lloyds  account and instructed  the switch into it from my other account.
    So because I've got the CL account as of today, do l need to deposit £2000 before this month(sept) is out, if l don't want to pay the £5 fee?
    No, the fee isn't charged in the first month.
    Thank you for that information.
    But in the end, l put 2k in and out just to make sure
    Why did you ask the question if you were going to ignore the advice?
  • Bob2000
    Bob2000 Posts: 555 Forumite
    500 Posts First Anniversary Name Dropper Photogenic
    trient said:
    Bob2000 said:
    Ed-1 said:
    Bob2000 said:
    Another day, another question...

    I've opened the club lloyds  account and instructed  the switch into it from my other account.
    So because I've got the CL account as of today, do l need to deposit £2000 before this month(sept) is out, if l don't want to pay the £5 fee?
    No, the fee isn't charged in the first month.
    Thank you for that information.
    But in the end, l put 2k in and out just to make sure
    Why did you ask the question if you were going to ignore the advice?
    I wasn't going to ignore the advice. I sincerely wanted to know the answer to my question.
    But while l waited  for a response l thought "well you have 2k which you could deposit so why not"
    Nothing  ventured nothing gained.
  • The switch has completed. I await the bonus.
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