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.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
New account + switch
Picaropicara
Posts: 1 Newbie
Hi,
My partner and I would like to open joint current and savings accounts as we are moving in together. We would also like to keep our existing current accounts where they are.
We'd like to take advantage of the Natwest Switch Incentive, would we be able to open a new account with one of our existing providers then switch it (pretty much immediately) with Natwest? Do they look at the age of the account being switched?
My partner and I would like to open joint current and savings accounts as we are moving in together. We would also like to keep our existing current accounts where they are.
We'd like to take advantage of the Natwest Switch Incentive, would we be able to open a new account with one of our existing providers then switch it (pretty much immediately) with Natwest? Do they look at the age of the account being switched?
0
Comments
-
Picaropicara wrote: »Do they look at the age of the account being switched?
No, they don't look at account age. Just make sure you satisfy all of the Natwest switch incentive terms.
I work within the voluntary sector, supporting vulnerable people to rebuild their lives.
I love my job
0 -
If you really wanted to "take advantage" you'd each open sole accounts and switch both into sole accounts with NatWest. Then, once the incentives have been paid next February you'd convert one of them to joint and switch the other away for an incentive elsewhere. This has the added benefit of not financially linking your credit files for the time being.Picaropicara wrote: »We'd like to take advantage of the Natwest Switch Incentive...
Or maybe an extra £150 isn't as important as getting a joint account now? If it isn't, then no need to mess around with a joint account switch. One of you opens and switches a sole account. Then add the second account holder making it joint.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.4K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.8K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards