The Artist Formerly Known as Audrey
 Offline
Posts: 19375
?Absolute Calamity!?
|
 |
« on: Friday, February 16, 2024, 10:24:47 » |
|
Anybody done multiple account switching just to get the switch bonus
|
|
|
|
|
Logged
|
|
|
|
Sippo
Living in the 80s
Offline
Posts: 15585
I ain't gettin on no plane fool
|
|
« Reply #1 on: Friday, February 16, 2024, 10:49:52 » |
|
Yes but you have to be a 'new' customer and not a returning one.
Piece of piss and I do it regularly.
|
|
|
|
|
Logged
|
If my calculations are correct, when this baby hits 88 miles per hour, you're gonna see some serious shit...
|
|
|
The Artist Formerly Known as Audrey
Offline
Posts: 19375
?Absolute Calamity!?
|
|
« Reply #2 on: Friday, February 16, 2024, 10:51:57 » |
|
I’m doing it now. Seems crazy. Nat West have just launched their £200 switch.
|
|
|
|
|
Logged
|
|
|
|
Sippo
Living in the 80s
Offline
Posts: 15585
I ain't gettin on no plane fool
|
|
« Reply #3 on: Friday, February 16, 2024, 10:53:28 » |
|
Easy money. Most people don't do it due to the 'hassle' of initial setup.
|
|
|
|
|
Logged
|
If my calculations are correct, when this baby hits 88 miles per hour, you're gonna see some serious shit...
|
|
|
The Artist Formerly Known as Audrey
Offline
Posts: 19375
?Absolute Calamity!?
|
|
« Reply #4 on: Friday, February 16, 2024, 10:56:50 » |
|
I’ve just opened a Nat West account on line in less than 10 minutes.
Started off opening a ‘burner’ Starling account and now going to bounce around all the banks offering a bonus.
After I’ve exhausted that I’ll get Mrs Audrey to replicate.
|
|
|
|
|
Logged
|
|
|
|
Batch
Not a Batch
Offline
Posts: 55384
|
|
« Reply #5 on: Friday, February 16, 2024, 11:08:24 » |
|
|
|
|
|
|
Logged
|
|
|
|
The Artist Formerly Known as Audrey
Offline
Posts: 19375
?Absolute Calamity!?
|
|
« Reply #6 on: Friday, February 16, 2024, 11:10:40 » |
|
Tbh, that makes no difference to me, but I suspect it would. But I’m keeping my Nationwide account I’ve had for years.
|
|
|
|
|
Logged
|
|
|
|
Batch
Not a Batch
Offline
Posts: 55384
|
|
« Reply #7 on: Friday, February 16, 2024, 11:11:12 » |
|
fair does. fleece them.. fleece them all!
|
|
|
|
|
Logged
|
|
|
|
Bob's Orange
Has brain escape barriers
Offline
Posts: 28545
|
|
« Reply #8 on: Friday, February 16, 2024, 11:15:14 » |
|
The only downside is that doing that (I think it might be only temporary anyway) affects your credit score, but if you don't need anything on 'tick then it seems a no-brainer to do.
I haven't personally done switching - I'm a bit old fashioned with loyalty to my bank which I know is absolutely crazy, but I did take advantage of an offer last year by opening a new account with HSBC from which I got £125 and will get a further £80 from them for opening a separate global account. (which I can use abroad along with Revolut)
There are loads of offers at the moment so it makes sense to fill your boots whilst interest rates are high for sure.
|
|
|
|
|
Logged
|
we've been to Aberdeen, we hate the Hibs, they make us spew up, so make some noise,
the gorgie boys, for Hearts in Europe.
|
|
|
The Artist Formerly Known as Audrey
Offline
Posts: 19375
?Absolute Calamity!?
|
|
« Reply #9 on: Friday, February 16, 2024, 11:52:30 » |
|
Same with me. So I didn’t switch my Nationwide account, I just opened a new Starling account and switched that, now onto Bat West, then Lloyds etc
|
|
|
|
|
Logged
|
|
|
|
Bob's Orange
Has brain escape barriers
Offline
Posts: 28545
|
|
« Reply #10 on: Friday, February 16, 2024, 13:35:21 » |
|
Same with me. So I didn’t switch my Nationwide account, I just opened a new Starling account and switched that, now onto Bat West, then Lloyds etc
Really good plan! Do you need a certain amount in the Starling account to begin with and a number of Direct Debits etc or did you literally open an account and start switching? |
|
|
|
« Last Edit: Friday, February 16, 2024, 13:49:23 by Bob's Orange »
|
Logged
|
we've been to Aberdeen, we hate the Hibs, they make us spew up, so make some noise,
the gorgie boys, for Hearts in Europe.
|
|
|
The Artist Formerly Known as Audrey
Offline
Posts: 19375
?Absolute Calamity!?
|
|
« Reply #11 on: Friday, February 16, 2024, 13:47:21 » |
|
The Starling is a burner account - just opened so I can switch it to the bank offering the bonus. I stuck £200 in it.
That is now getting switched to Nat West. I have to deposit £1250 in that, leave it in for a couple of days, then withdraw it. Log on to their app a few times and then they credit the £200 within 7 days. Don’t even need any direct debits for this one.
Once I get my £200, I’ll open a Lloyds account and switch the Nat West one, get £175 for that though they need 2 active direct debits. Again, once I get the £175 I’ll open another account with whoever is offering a switch bonus.
These offers are available for a fixed time then wihdrawn so you have to keep an eye on things.
|
|
|
|
|
Logged
|
|
|
|
Jimmy HaveHave
Offline
Posts: 15209
|
|
« Reply #12 on: Friday, February 16, 2024, 20:28:36 » |
|
I’ve been with Santander for years and get more in interest per year than you would switching banks.
|
|
|
|
|
Logged
|
So, give no fucks
|
|
|
The Artist Formerly Known as Audrey
Offline
Posts: 19375
?Absolute Calamity!?
|
|
« Reply #13 on: Friday, February 16, 2024, 20:48:24 » |
|
But it doesn’t cost a penny and you don’t have to ditch your present bank account.
|
|
|
|
|
Logged
|
|
|
|
Jimmy HaveHave
Offline
Posts: 15209
|
|
« Reply #14 on: Friday, February 16, 2024, 20:49:34 » |
|
Do you have to put so much in a month
|
|
|
|
|
Logged
|
So, give no fucks
|
|
|
|
