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.
Online only Banks
Comments
-
I'm not surprised that Chase are clamping down on customers who repeatedly open accounts just for switching them away. RBS closed my accounts a few years ago for the same reason, and I'm now banned from RBS/NatWest for life.
3 -
Wow, sorry to here that. I'd better be careful then. Thanks for the info.
0 -
AHH, I see. Do you happen to know if most banks allow additional current accounts? :-)
0 -
Most seem to (at least the bricks'n'mortar ones). I've held multiple CAs with Barclays, RBS, Lloyds, Santander, Nationwide and (I think) Co-op & Halifax.
0 -
Almost all do, it's just you need to be sensible with not repeatedly opening accounts to switch, really you only need 1-2 spare donor accounts to bump around, opening a new one for each switch is excessive
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
2 -
Many thanks. :-)
0 -
Thats great. Thanks for the reply. :-)
0 -
Another question please:
Barcays and Lloyds premier accounts (400/500 switch offers)
I've got the 5k to put into the accounts intially, but I'm not a "high earner". does it matter if I'm not a high earner as long as I've got the initial £4000/£5000 intial payins?
TIAFAR :-)
0 -
You really need to read the terms & conditions of those accounts to see if there's an annual income condition.
The subject's already been covered more than once in the dedicated Lloyds switch thread for the current offer.
1 -
Sorry for
Sorry for being a newbie! :-) can you send me the link to the thread please? :-)
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.1K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards