Wiki: Current Account Switching Incentives šŸ’ø

Thanks for sharing this - I just got the letter with my sort code and account number and have managed to get set up for online banking and the mobile app now (Still haven’t got the card yet but it has let me set up Google Pay). Now just to wait for the switch to complete.

1 Like

Just got a paying in book :joy::joy:

2 Likes

I did yesterday too… theyve also just paid me the Ā£200 switch bonus.

2 Likes

Finally got around to setting this up

Switch finishes 01/06
Already met the app and pay in requirements

:smile:

How long after the RBS switch completes have people recover confirmation that the bonus is on the way?

I switched into NatWest in March and received the bonus then. So I’m hoping I will get it for RBS now too!

If you got the switch bonus from NatWest then you won’t get one from RBS too.

1 Like

They will, many have been successful. Not actually heard of anyone be rejected for it.

3 Likes

Wow. Left hand not talking to the right hand then.

1 Like

Haha yeah pretty much, likely more a deterrent than a fixed rule.

2 Likes

Its down to the poorly written terms that states a period that you can’t have had a switch rather than date from.

Basically means that £600 is up for grabs

1 Like

Oh don’t worry after reading back on this thread I’m already almost done with NatWest (which I actually want to keep) and now I’m working out a game plan for my old HSBC account that’s been laying dormant. I’m thinking RBS > Ulster > Lloyds > First Direct.

1 Like

Heads up on the Ulster its completely different from RBS/NatWest.

Fill in old school form online to apply (pretending your in N Ireland with your nearest branch) > get your application in the post printed with your answers > sign and send back in the pre-paid envelope. Ignore the ID request to send back or in branch its not needed. Wait a week and account opened, then wait to be told a new switching date ignoring the one you gave originally. £200.

You need a lot of patience with Ulster. They’re not consistent with how they do it. I got a text with a link for ID, son got a letter for ID and wife got letter followed up by, so far, three emails looking for more ID.

Lloyds may have expired by the time you get Ulster!

I think its lucky dip, my wife got her account opened in a week from starting online and posting back. Then cass completed and got paid three days later.

But ive read on here peoples taking ages so she was lucky. The no need for ID helped.

I would put Ulster at the end of any switching chain

The only problem with that is that you’re stuck with the Ulster account rather than a sensible one.

1 Like

What’s wrong with Ulster? I thought it was the same proposition as NatWest just a different colour.

2 Likes

Ah fairs, still unsure how it’s not sensible though.

1 Like

Not that sensible in terms of operating. Three weeks or more to open an account. If you hit a problem, how long would it take them to sort it out with that speed iof admin? For example, they have asked the wife three times for a copy of her visa. She has a residence permit which they have a copy of and doesn’t have a visa.

Ah so your sole experience impacts your ā€œsensibleā€ comment.

While there has been comments of inconvenience in account opening, that doesn’t make it not sensible.

Let’s hope they sort it soon for your partner.

1 Like

No, that is one example. I live in NI and there are quite a number of people who find it less than convenient to use i.e. there are lots of examples of poor service.

2 Likes