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Bank Switching - How Blatant?

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  • I have a main bank account with Nationwide, together with a regular saver that qualifies me for their fairer sharer annual bonus (when awarded). I have a 2nd current account with Virgin Money, that enables me to have a VM Regular saver and Easy access ISA. I opened a 2nd VM current account a few years ago that I then used to switch into Nat West, then First Direct, then into my main Nationwide account to earn their £175 switch bonus. Then 2 years ago I opened a 3rd VM account to switch to TSB, stayed with TSB for a year to use a Regular saver and qualify for a loyalty monthly bonus, then switched to Lloyds, then Barclays, then Santander last year, and now finally Co-Op this year. Will stay with Co-Op for a year to utilise a Regular Saver and hopefully 3 months loyalty bonus. Then maybe simplify my banking a little next year by switching into my Nationwide account.

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