Hi, I’ve just opened an account and am considering switching from Halifax. Before I do that however, I have a couple of questions.
How long does the switch take? At what point do I stop using the old account? I have about 40 regular payments, in and out, and I’m a little nervous about things going wrong.
I’ve been doing some reading about Monzo on various review sites, and there are a few people saying that their account has been frozen for no apparent reason and that they’ve struggled to get resolution from Monzo. I probably have about 12k of transactions a month, and could not tolerate my account being frozen for even a day (much as I dislike Halifax, they’ve never done that). Can anyone shed some light on this?
I want to set up a joint account with my wife. Should I switch first and then set the account up, or switch to the new joint account? My Halifax account is just in my name.
Thanks in advance.