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  • FIRST POST
    • Tragen
    • By Tragen 17th Apr 18, 5:26 PM
    • 153Posts
    • 44Thanks
    Tragen
    cancelled Tesco DD's - should I close non-interest paying accounts?
    • #1
    • 17th Apr 18, 5:26 PM
    cancelled Tesco DD's - should I close non-interest paying accounts? 17th Apr 18 at 5:26 PM
    Now that Tesco have stopped the free ride and I cant be bothered to set up 1 DD's etc and manage them, I now have multiple accounts which will receive no interest. I will move the money else where, but I wil be left with numerous accounts at multiple banks with no money in.

    Is it best to:


    a) close via request
    b) close via switching (seems easier)
    c1) leave them
    c2) and wait for them to inevitably close the accounts

    If I choose c, is it possible they could close the accounts and effectively "ban" me?

    Does closing via switching set a different marker on the closed account to normal, which could affect the possibility of being a customer of theirs again?

    Cheers
Page 1
    • AndyPK
    • By AndyPK 17th Apr 18, 5:51 PM
    • 2,843 Posts
    • 790 Thanks
    AndyPK
    • #2
    • 17th Apr 18, 5:51 PM
    • #2
    • 17th Apr 18, 5:51 PM
    leave a couple of quid in them for now

    and use them to get switching bonuses throughout the year
    • Tragen
    • By Tragen 17th Apr 18, 6:08 PM
    • 153 Posts
    • 44 Thanks
    Tragen
    • #3
    • 17th Apr 18, 6:08 PM
    • #3
    • 17th Apr 18, 6:08 PM
    I'm not likely to qualify for switching bonuses as I've had accounts with all but 1 of the banks that have offered switching bonuses.

    By closing them I guess I will qualify for them again sooner as it seems to be about 4 or 5 year gap?

    Didnt think of that, so thanks for your post
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