Banks currently offering switch deals

Time for another CASS.

Hasn’t quite beaten CASS after six days of being with HSBC but close. :sweat_smile:

The trick longer term is to carry over the accounts to the next cycle of incentives. I’m only eligible for a couple this round - but don’t need to open a single new account. I’m just CASSing the leftovers of the last round

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:sweat_smile:

Well it was nice knowing you Nationwide for those few days. Thanks for the £125 :wave:

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I have, jokingly(?), chatted with people in the past about setting up dedicated switching accounts through the Monzo app, with Direct Debits and scheduled payments in and out all set up to meet other banks’ CASS bonus requirements.

One of those people was on secondment from the FCA and didn’t seem keen, but I would really like to see other banks compete on features and customer service, instead of large switching bonuses :moneybag:

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Maybe Monzo could eventually offer an incentive to switch alongside all these other benefits as a wide promotion, and £75 switch offer, I’m sure the customer base would increase massively!

A long time ago in a galaxy far far away

Also plenty of tenners, and fivers to both, in the first few years of existence.

But it then realised it couldn’t afford to continue doing so and it had already picked up enough customers.

I doubt we’ll see it again until Monzo is profitable.

I think most would prefer they use the money to stay alive and come up with stuff the legacy haven’t thought of.

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"A long, long time ago. I can still remember when Monzo gave you 50 pounds…

I knew If I had my chance, I get make that money roll and maybe they’d be happy for a while…

But Monzo made me shiver, with every message I’d deliver. Good news on the doorstep, I couldn’t take one more step"

And then decrease massively when they CASS to another account for the next bonus

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Jesus I feel old.

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Yeah I remember this :sweat_smile:

I guess the customer base is slowly building and with all these products attached to the account making life and budgeting easier, just gotta keep advertising.

I think once Flex has a physical card, the customer base my increase furthermore.

I’ve just got my £125 from Nationwide! I set up 2 £1 direct debits with 2 charities before switching. No payment had been taken whilst they were assigned to my Starling account. Easy way to get £125.

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I keep toying with the idea of switching my Monzo account to RBS for the £100

I don’t really use Monzo but there’s that little niggling thought of what if something comes out what’s fancy and big. Probably won’t and I’ll probably still end up switching

Beware of trying to reopen once you do :laughing:

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So if I offered you £125 to spend 10 minutes filling in an online form for me you’d say no thanks?

Monzo don’t offer much that I want/need. The only thing holding me back is the fear of NatWest one day pulling Housemate and me having to find another way to split our expenses with the other half (which is the only Monzo feature I used)

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I’ve switched an account to RBS and tbh, I don’t like the app.

Now I know there’s more to a bank than its app, but most of my banking is processed via app.

Just my opinion of course

I like the look of the app, but not the functionality. Too many taps to get to where I want to. But I wouldn’t be using them as a main account – it’s just an empty donor account going into another empty account

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Splitwise?

True, that! Do they offer open banking integration for payments (could look it up myself probably)

I have signed up for the digital saver, so the fifty quid a month I put aside for Xmas will go in there now for 2022.

Also,in addition to the £100,you can earn an extra fifty for just ten transactions a month from January to September, payable November.

I just set up two SO for small amounts, twice a week, into the account, so there’s 8, plus the money in for the digital saver and the money out to the digital saver, hits the ten.

Simples :grin:

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