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.
Rehoming a Halifax joint account
Our joint account is mainly used to link to challenger banks and feed regular savers. As it's now moving from the Halifax to Lloyd's I'm thinking about closing it so we will be eligible for the next switching bonus with Lloyd's, but where to?
Are there any banks which will pay a switching bonus on a joint account if you have already received one for an individual account?
Other than that, I'm thinking maybe Nationwide as it will help towards the fairer share bonus?
Any others I should consider first?
Comments
-
Well, if you just skim-read MSE's article Top bonuses for switching , you'll see
Who can get bonus?
- No Nationwide switch bonus since 2021, UNLESS it was for a sole account & you now switch to a joint account (or vice versa).That's Nationwide. You can have a closer look at other offers, but at least three of them say explicitly "No joint accounts", so not many left to check really.
0 -
Apologies, it was more of a conversation piece than specifics. I should have said, any others you would consider first?
0 -
note that the "next" switch bonus you could qualify for may be 2029 onwards as banks sometimes require you to not have had an account with them for X amount of time, not just not having a switch bonus
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
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.6K Banking & Borrowing
- 254.8K Reduce Debt & Boost Income
- 456.1K Spending & Discounts
- 248.2K Work, Benefits & Business
- 605.8K Mortgages, Homes & Bills
- 179K Life & Family
- 263.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards