We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Have Completed All Possible Bank Switches.What Next???

Since Dec 2024, I have been bank switching in both my name and my wife's name.
It's been pretty lucrative and as a result, have earned well over £2000 in total. 

Have done all banks possible I believe (First Direct, Nationwide, Nat West, TSB, CoOp, Barclays and Lloyds).. NB: Couldn't do Santander as already had an account.

Don't think I'm missing any other possibilities of future banks, bearing in mind banks are groups?

So, looking for another little similar financial adventure.

Any ideas/suggestions please.

Comments

  • vacheron
    vacheron Posts: 2,336 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 9 October at 10:56PM
    Depending on your pension situation, switching SIPP providers can prove to be quite lucrative (providing you are fully aware of the consequences of the decisions involved) I have received 2 cashback payments in the last couple of years of £1,500 and £1,000 respectively for switching providers and am currently looking for a couple of decent ETF's so I can switch a third SIPP to Fidelity for a further £1,000. 👍
    • The rich buy assets.
    • The poor only have expenses.
    • The middle class buy liabilities they think are assets.
  • danny13579
    danny13579 Posts: 847 Forumite
    500 Posts Second Anniversary Photogenic Name Dropper
    edited 9 October at 11:03PM

    RBS and Ulster. Though part of the NatWest group, you can get bonuses from all 3. Halifax (though they haven't had a switching offer in quite a while) which you can get in addition to Lloyds.

    You can often get HSBC as well as First Direct. Danske (if you live in NI).

    You can try again with some and see if you fall through the cracks. Usually doesn't work but occasionally does.

    Otherwise there's next year's Nationwide £100 fairer share bonus (if there is one). Cashback on debit card spends (e.g. Halifax). Cash for x amount of debit card transactions per month (e.g. TSB). Rewards with the likes of Club Lloyds (Halifax’s have now ended).

    But there comes a point where you've exhausted all switch offers and you're approaching that point.

  • MikeJXE
    MikeJXE Posts: 3,883 Forumite
    1,000 Posts Third Anniversary Name Dropper
    I did the same starting in December 2022 well over £1000

    I’m surprised you didn’t do Santander, I claimed £200 with a switch despite being a customer for 10 years 

    it’s a matter of waiting for the  time the next switches come around 

    I have 12 accounts set up waiting 


Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.9K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.1K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.5K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.