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    • KieranMac
    • By KieranMac 29th Nov 17, 9:30 PM
    • 10Posts
    • 0Thanks
    Can I switch an old. unused bank account?
    • #1
    • 29th Nov 17, 9:30 PM
    Can I switch an old. unused bank account? 29th Nov 17 at 9:30 PM

    I have a Student Bank Account with Halifax, which has 50 in but has not been used for more than 3 years. It was my current account, but I set up an account with Santander and just left the old account open.

    Can I use this old Halifax account to switch to one of the banks offering 100?

Page 1
    • BoGoF
    • By BoGoF 29th Nov 17, 9:47 PM
    • 3,138 Posts
    • 2,427 Thanks
    • #2
    • 29th Nov 17, 9:47 PM
    • #2
    • 29th Nov 17, 9:47 PM
    You could but will need check and see if new bank needs active direct debits as part of switch and most have minimum monthly pay ins.
    • radoslaff
    • By radoslaff 30th Nov 17, 8:51 AM
    • 109 Posts
    • 34 Thanks
    • #3
    • 30th Nov 17, 8:51 AM
    • #3
    • 30th Nov 17, 8:51 AM
    You can easily switch to FD or M&S as they don't require DDs. I would go for FD (via MSE link of course) because with them you are not restricted where to spend the incentive.
    • Katiehound
    • By Katiehound 30th Nov 17, 1:03 PM
    • 4,403 Posts
    • 38,791 Thanks
    • #4
    • 30th Nov 17, 1:03 PM
    • #4
    • 30th Nov 17, 1:03 PM
    I think that both of those - M&S and FD will require 1k pay in per month. It is a good idea to 'groom' the account ready for switching by doing a trial pay in and pay out especially if you are setting up SOs.
    I am assuming you won't want to leave 1k resting there!!

    If you want to earn some interest there are several other accounts but they all require x 2 DDs per month.
    Being polite and pleasant doesn't cost anything!
    If you found my posting helpful please hit the "Thanks" button!
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    2018 Wombling : Entrant 8 ..2280 cc+.2205mm (2.20.5) + RK 5.21= 30.25.5
    • Kim_13
    • By Kim_13 30th Nov 17, 1:44 PM
    • 1,901 Posts
    • 2,035 Thanks
    • #5
    • 30th Nov 17, 1:44 PM
    • #5
    • 30th Nov 17, 1:44 PM
    This article outlines the top accounts available and the requirements to obtain the various incentives:
    Sealed Pot 11 #520 ~ /100
    VSP 2018 #9 ~ 19.55/180.00
    CCCC 2018 #1 ~ 20.75/180.00
    • About-time
    • By About-time 1st Dec 17, 8:48 AM
    • 52 Posts
    • 48 Thanks
    • #6
    • 1st Dec 17, 8:48 AM
    • #6
    • 1st Dec 17, 8:48 AM
    I've just done exactly this to get the 250 from Yorkshire bank.

    Halifax account, opened twenty years ago as I worked for them and it was a condition of my employment that my wages were paid into a Halifax account. Untouched since the mid-00s, I didn't even have a current debit card for it. But the switch seems to have gone through fine. So I would say yes, based on my experience, as long as you fulfil all the pay-in, DD requirements etc
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