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    • KG
    • By KG 17th Sep 13, 2:21 PM
    • 332 Posts
    • 34 Thanks
    KG
    • #2
    • 17th Sep 13, 2:21 PM
    • #2
    • 17th Sep 13, 2:21 PM
    The two things that stop me switching bank

    1) the fact that I can't clearly see what the new bank's internet banking is like til I have signed up. Systems vary widely and I want to be able to do as much as I can online without having to do things like set up new payments over the phone, for example.

    2) the fact that in credit-scoring exercises I have to answer how long I have been with my bank for. The fact that I can say 18 years makes me think (maybe incorrectly) that I will be scored better.
    • Kite2010
    • By Kite2010 17th Sep 13, 8:38 PM
    • 4,170 Posts
    • 3,558 Thanks
    Kite2010
    • #3
    • 17th Sep 13, 8:38 PM
    • #3
    • 17th Sep 13, 8:38 PM
    Nah, I like keeping my old bank account open for a few months as a backup just in case the systems go down with the new bank

    For example the Natwest system crash last year.
    • rb10
    • By rb10 17th Sep 13, 10:06 PM
    • 6,304 Posts
    • 3,827 Thanks
    rb10
    • #4
    • 17th Sep 13, 10:06 PM
    • #4
    • 17th Sep 13, 10:06 PM
    The two things that stop me switching bank

    1) the fact that I can't clearly see what the new bank's internet banking is like til I have signed up. Systems vary widely and I want to be able to do as much as I can online without having to do things like set up new payments over the phone, for example.

    2) the fact that in credit-scoring exercises I have to answer how long I have been with my bank for. The fact that I can say 18 years makes me think (maybe incorrectly) that I will be scored better.
    Originally posted by KG
    1) Most banks give an online demo, e.g. https://onlinebanking.nationwide.co.uk/CustomerAssistance/Demo

    (Essentially, Nationwide, Halifax, TSB, Lloyds, Barclays and Santander have the best online banking systems. Others are ok but not great).

    2) No, it doesn't really have an impact any more.

    You are far better off switching to a bank account that's more suited to your needs, e.g. credit interest rate/rewards/overdraft rate.
    • sprouty76
    • By sprouty76 18th Sep 13, 10:44 AM
    • 18 Posts
    • 16 Thanks
    sprouty76
    • #5
    • 18th Sep 13, 10:44 AM
    • #5
    • 18th Sep 13, 10:44 AM
    I switched to First Direct about 6 months ago, but they've been hopeless and now they plan to introduce secure keys I want to switch again. Unfortunately I'm likely to be applying for a mortgage in the next few months and don't want to look like I bounce around current accounts, so I'm stuck with them until around April.
    • tgroom57
    • By tgroom57 18th Sep 13, 12:29 PM
    • 1,375 Posts
    • 13,114 Thanks
    tgroom57
    • #6
    • 18th Sep 13, 12:29 PM
    • #6
    • 18th Sep 13, 12:29 PM
    Does there need to be an extra option ?
    I'm prevented from switching by my credit score (or lack thereof)

    • Consumerist
    • By Consumerist 18th Sep 13, 1:53 PM
    • 5,266 Posts
    • 2,632 Thanks
    Consumerist
    • #7
    • 18th Sep 13, 1:53 PM
    • #7
    • 18th Sep 13, 1:53 PM
    I've had one current account for several years which I rarely use; this account has been handy for the purpose of credit checks. Other current accounts I can switch at will to get better deals.

    I'm happy with my main current account at the moment so don't anticipate an imminent switch.
    Warning: In the kingdom of the blind, the one-eyed man is king.
    • LeeSouthEast
    • By LeeSouthEast 18th Sep 13, 2:14 PM
    • 3,768 Posts
    • 2,948 Thanks
    LeeSouthEast
    • #8
    • 18th Sep 13, 2:14 PM
    • #8
    • 18th Sep 13, 2:14 PM
    Let the BANKS handle a switch? You must be joking. As above, I'll do it myself and keep the old account for a few months ... just in case.
    Starting Debt: ~£20,000 01/01/2009. DFD: 20/11/2009
    Do something amazing. GIVE BLOOD.
    • Consumerist
    • By Consumerist 18th Sep 13, 3:31 PM
    • 5,266 Posts
    • 2,632 Thanks
    Consumerist
    • #9
    • 18th Sep 13, 3:31 PM
    • #9
    • 18th Sep 13, 3:31 PM
    Let the BANKS handle a switch? You must be joking. As above, I'll do it myself and keep the old account for a few months ... just in case.
    Originally posted by LeeSouthEast
    It's the price you pay to get the inducements on offer.
    Warning: In the kingdom of the blind, the one-eyed man is king.
    • LeeSouthEast
    • By LeeSouthEast 18th Sep 13, 3:38 PM
    • 3,768 Posts
    • 2,948 Thanks
    LeeSouthEast
    It's the price you pay to get the inducements on offer.
    Originally posted by Consumerist
    Oh absolutely... but considering the potential disasters that await, the £100 waved in my face just wouldn't even begin to cover it.
    Starting Debt: ~£20,000 01/01/2009. DFD: 20/11/2009
    Do something amazing. GIVE BLOOD.
    • Consumerist
    • By Consumerist 18th Sep 13, 6:19 PM
    • 5,266 Posts
    • 2,632 Thanks
    Consumerist
    If it works it will help a lot of folks who can't afford to keep two current accounts funded during the switching process.

    Frankly, the banks should have organised this years ago but they were too busy trying to rob their customers by selling useless products.
    Warning: In the kingdom of the blind, the one-eyed man is king.
    • LeeSouthEast
    • By LeeSouthEast 18th Sep 13, 7:02 PM
    • 3,768 Posts
    • 2,948 Thanks
    LeeSouthEast
    Frankly, the banks should have organised this years ago but they were too busy trying to rob their customers by selling useless products.
    Originally posted by Consumerist
    You say that as if now they're not
    Starting Debt: ~£20,000 01/01/2009. DFD: 20/11/2009
    Do something amazing. GIVE BLOOD.
    • cdafonseca
    • By cdafonseca 21st Sep 13, 11:32 AM
    • 392 Posts
    • 121 Thanks
    cdafonseca
    halifax currently give £5 pounds a month for banking with them so unless some other bank can give me more than that I wont even bother
    I am sorry if I made too many mistakes in my writing as English is not my first language
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