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switching tesco to nationwide

robotrobo
robotrobo Posts: 921 Forumite
Part of the Furniture 500 Posts
in Budgeting & bank accounts
We have multiple accounts with Tesco and we would like to open a new account by useing the switching method to Nationwide.
My question is . Do i only have to give one account number?and still retain the other accounts at Tesco? and use the remaining accounts to open other switching facilities . thankyou.
«1

Comments

  • Zero_Sum
    Zero_Sum Posts: 1,567 Forumite
    Yes just the one. I used to have 2 Tesco accounts when it was 3% interest. I switched one of them for the bribe bonus, still keeping other for clubcard points
  • robotrobo
    robotrobo Posts: 921 Forumite
    Part of the Furniture 500 Posts
    Zero_Sum wrote: »
    Yes just the one. I used to have 2 Tesco accounts when it was 3% interest. I switched one of them for the bribe bonus, still keeping other for clubcard points

    So my next question is ! other than Nationwide what other bank or building society can i do a worthwhile switch to?.
    We already have the following accounts.
    Santander.
    LLoyds
    TSB
    First direct
    We have no direct debits to go around , so we are looking for accounts with bonuses without d/debits.
    Thankyou.
  • Zero_Sum
    Zero_Sum Posts: 1,567 Forumite
    robotrobo wrote: »
    So my next question is ! other than Nationwide what other bank or building society can i do a worthwhile switch to?.
    We already have the following accounts.
    Santander.
    LLoyds
    TSB
    First direct
    We have no direct debits to go around , so we are looking for accounts with bonuses without d/debits.
    Thankyou.

    Nat West sometimes have switching incentives. I did them last year & didnt need DD's. HSBC is another dunno about DD's for them.

    Just keep an eye out on this site for them. Halifax also sometimes do them.
  • robotrobo
    robotrobo Posts: 921 Forumite
    Part of the Furniture 500 Posts
    Zero_Sum wrote: »
    Nat West sometimes have switching incentives. I did them last year & didnt need DD's. HSBC is another dunno about DD's for them.

    Just keep an eye out on this site for them. Halifax also sometimes do them.

    sorry . we have got Nat west
  • badger09
    badger09 Posts: 11,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    HSBC:cool:
  • Katiehound
    Katiehound Posts: 8,140 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    HSBC- need x2 DDs or SOs (oh and the £1750 pay in per month)
    SOs are easy to organise.......
    Being polite and pleasant doesn't cost anything!
    -Stash bust:in 2022:337
    Stash bust :2023. 120duvets, 24bags,43dogcoats, 2scrunchies, 10mitts, 6 bootees, 8spec cases, 2 A6notebooks, 59cards, 6 lav bags,36 angels,9 bones,1 blanket, 1 lined bag,3 owls, 88 pyramids = total 420total spend £5.Total for 'Dogs for Good' £546.82

    2024:Sewn:59Doggy ds,52pyramids,18 bags,6spec cases,6lav.bags.
    Knits:6covers,4hats,10mitts,2 bootees.
    Crotchet:61angels, 229cards=453 £158.55profit!!!
    2025 3dduvets
  • Brewer20
    Brewer20 Posts: 395 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Or the HSBC ordinary/standard account, no pay in required although it requires 2 DD or SO to be switched. That pays £75 switch incentive.
  • badger09
    badger09 Posts: 11,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Brewer20 wrote: »
    Or the HSBC ordinary/standard account, no pay in required although it requires 2 DD or SO to be switched. That pays £75 switch incentive.

    Advance is better. Better switch incentive & qualifies you for the regular saver @ 2.75%
  • Bobblehat
    Bobblehat Posts: 1,175 Forumite
    Eighth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    badger09 wrote: »
    Advance is better. Better switch incentive & qualifies you for the regular saver @ 2.75%

    Advance is better if you qualify for it …. but if not, the ordinary account also lets you open a 2.75% RS, and as above, pays £75 to switch. I switched just for the £75 and to access the RS (mine is 3% until it finishes).
    Compiler of the RS League Table.

    Being nosey... How many Regular Saver accounts do you have? — MoneySavingExpert Forum
  • badger09
    badger09 Posts: 11,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Bobblehat wrote: »
    Advance is better if you qualify for it ….

    Agreed
    Bobblehat wrote: »
    ....but if not, the ordinary account also lets you open a 2.75% RS, and as above, pays £75 to switch. I switched just for the £75 and to access the RS (mine is 3% until it finishes).

    I'd forgotten HSBC have harmonised the rate on the RS.
    Advance account used to qualify for 5% (v 3% with the ordinary account)
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