aju
Member of DD Central
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Post by aju on Sept 5, 2020 22:23:46 GMT
Were they 2 personal reward accounts or was one either joint or ultimate reward. Hfx on twitter told me that I could only have 1 reward account and 1 joint reward account. ( the joint one cannot be easily cancelled according to other forums) edit: Not sure what will happen to your 2 accounts df , I've now found the item that details the restrictions on the accounts one is allowed to have. I have paraphrased a table below This link page 26 has the full details. Thanks for the link. No, they both sole. I seem to have two different "identities" with Halifax. One has sort code ending on 75 and another on 76. One of them recognises my old dormant BoS accounts, the other one doesn't. To access each of my reward accounts I have to log in separately. The same with Clydesdale/Yorkshire (Virgin current account) - two different "identities" (sort codes), so I was able to open 4 accounts. Oh that's rather odd - I would have followed you into the multiples as in the past we had 3 each getting £5 each one for years in old guise but this new one seemed to have locked that one off. If I hadn't found the t&c detailing only 1 account I might have taken a punt. The chances their systems don't defend against it is probably quite high but I didn't want to take a chance this time round in case they lock off the 1 account each as it is. Still thinking about having a joint one though ...
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Post by Badly Drawn Stickman on Sept 7, 2020 17:03:59 GMT
Looking at the RBS one, there seems no real point in going too quickly (unless you see the rewards bit as viable, or it being closed early) given the reward is not paid out till January next year. I am thinking early November would do the job reducing the number of times it would need filling and emptying. I am interpreting the £1500 paid in, as not needing to stay, or is that needed?
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r00lish67
Member of DD Central
Posts: 2,692
Likes: 4,048
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Post by r00lish67 on Sept 9, 2020 6:01:36 GMT
Hullo, hullo, a rather similar looking Lloyds bank £100 account switching promotion has popped up. No need to open a new Club Lloyds account to switch into if you have one already up and running, so a nice way to tidy up some unused other account elsewhere and benefit too. Terms here, do read carefully as ever to ensure eligibility. Summary: "To qualify for the £100 switching offer you must use the Current Account Switching Service to transfer and close your existing current account held elsewhere. You’ll need to transfer to one of the following accounts:
Club Lloyds Account
(No fee or £3 monthly maintaining the account fee*)
Club Lloyds Platinum Account
(£21 + no fee or £3 monthly maintaining the account fee*)
*The £3 maintaining the account fee is waived each month you pay in at least £1,500.
The offer is available to customers switching an account held elsewhere to an existing qualifying account. You can also upgrade any other existing Lloyds Bank account to one of the qualifying accounts and complete your switch at the end of the application.
You won't qualify for the offer if:
You are switching to any other Lloyds Bank current account that isn’t named above.
You've received cashback for switching to us since April 2018, we're sorry but you won't get it again.
You start your switch after the 9th November 2020." |
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,329
Likes: 11,549
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Post by ilmoro on Sept 9, 2020 9:17:59 GMT
MSE implying that there might be other, possibly better ones coming.
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Post by dan1 on Sept 9, 2020 9:30:34 GMT
Hullo, hullo, a rather similar looking Lloyds bank £100 account switching promotion has popped up. No need to open a new Club Lloyds account to switch into if you have one already up and running, so a nice way to tidy up some unused other account elsewhere and benefit too. Terms here, do read carefully as ever to ensure eligibility. Summary: "To qualify for the £100 switching offer you must use the Current Account Switching Service to transfer and close your existing current account held elsewhere. You’ll need to transfer to one of the following accounts:
Club Lloyds Account
(No fee or £3 monthly maintaining the account fee*)
Club Lloyds Platinum Account
(£21 + no fee or £3 monthly maintaining the account fee*)
*The £3 maintaining the account fee is waived each month you pay in at least £1,500.
The offer is available to customers switching an account held elsewhere to an existing qualifying account. You can also upgrade any other existing Lloyds Bank account to one of the qualifying accounts and complete your switch at the end of the application.
You won't qualify for the offer if:
You are switching to any other Lloyds Bank current account that isn’t named above.
You've received cashback for switching to us since April 2018, we're sorry but you won't get it again.
You start your switch after the 9th November 2020."Nice one. Alluded to in the MSE newsletter emailed yesterday: News was embargoed until today - I assume to avoid being in the MSE email this week due to the massive reach of Martin Lewis! Best to apply before the next MSE email arrives 
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Post by df on Sept 10, 2020 18:09:21 GMT
Looking at the RBS one, there seems no real point in going too quickly (unless you see the rewards bit as viable, or it being closed early) given the reward is not paid out till January next year. I am thinking early November would do the job reducing the number of times it would need filling and emptying. I am interpreting the £1500 paid in, as not needing to stay, or is that needed? £1500 doesn't need to stay. The only reason for doing it earlier rather than later could be that they can withdraw the offer at any time. They probably won't, but I generally tend to grab FSCS offers as soon as they become available - on some occasions I've learned that good offers can disappear quite quickly.
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aju
Member of DD Central
Posts: 3,500
Likes: 924
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Post by aju on Sept 10, 2020 18:30:11 GMT
Looking at the RBS one, there seems no real point in going too quickly (unless you see the rewards bit as viable, or it being closed early) given the reward is not paid out till January next year. I am thinking early November would do the job reducing the number of times it would need filling and emptying. I am interpreting the £1500 paid in, as not needing to stay, or is that needed? £1500 doesn't need to stay. The only reason for doing it earlier rather than later could be that they can withdraw the offer at any time. They probably won't, but I generally tend to grab FSCS offers as soon as they become available - on some occasions I've learned that good offers can disappear quite quickly. Can't do the RBS one but did the Lloyds one yesterday (thanks for the heads up r00lish67 ) for both myself and Mrs Aju. (another £200 coming our way hopefully) Used our Halifax spares from last month for the transfer into Lloyds. I'm betting there will be a number of them coming soon - I know that was the view on MSE recently.
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Post by Badly Drawn Stickman on Sept 10, 2020 18:37:09 GMT
Looking at the RBS one, there seems no real point in going too quickly (unless you see the rewards bit as viable, or it being closed early) given the reward is not paid out till January next year. I am thinking early November would do the job reducing the number of times it would need filling and emptying. I am interpreting the £1500 paid in, as not needing to stay, or is that needed? £1500 doesn't need to stay. The only reason for doing it earlier rather than later could be that they can withdraw the offer at any time. They probably won't, but I generally tend to grab FSCS offers as soon as they become available - on some occasions I've learned that good offers can disappear quite quickly. I decided to take a detour through Lloyds it being simpler as I already use them and it was a shorter end date, I was then going to ship that on to RBS (same group, but saw nothing to prohibit) but being told the cinema tickets are to be kept will have to rethink. Thanks for clarifying the £1500, it did not make much sense it would need to stay but equally odd given the monthly 'pass through' would have to be more than that over the duration. Thankfully Virgin seem happy to keep opening accounts in about 5 minutes.
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Post by df on Sept 10, 2020 19:46:24 GMT
£1500 doesn't need to stay. The only reason for doing it earlier rather than later could be that they can withdraw the offer at any time. They probably won't, but I generally tend to grab FSCS offers as soon as they become available - on some occasions I've learned that good offers can disappear quite quickly. I decided to take a detour through Lloyds it being simpler as I already use them and it was a shorter end date, I was then going to ship that on to RBS (same group, but saw nothing to prohibit) but being told the cinema tickets are to be kept will have to rethink. Thanks for clarifying the £1500, it did not make much sense it would need to stay but equally odd given the monthly 'pass through' would have to be more than that over the duration. Thankfully Virgin seem happy to keep opening accounts in about 5 minutes. I'm doing Lloyds first thing tomorrow. I already have Club account and two Tescos in waiting for disposal. Great offer, £100 for a couple of minutes work. I've never bothered about cinema tickets, every year I forwarded them to my friend who loves going to cinema
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Post by dan1 on Sept 10, 2020 20:08:28 GMT
£1500 doesn't need to stay. The only reason for doing it earlier rather than later could be that they can withdraw the offer at any time. They probably won't, but I generally tend to grab FSCS offers as soon as they become available - on some occasions I've learned that good offers can disappear quite quickly. I decided to take a detour through Lloyds it being simpler as I already use them and it was a shorter end date, I was then going to ship that on to RBS ( same group, but saw nothing to prohibit) but being told the cinema tickets are to be kept will have to rethink. Thanks for clarifying the £1500, it did not make much sense it would need to stay but equally odd given the monthly 'pass through' would have to be more than that over the duration. Thankfully Virgin seem happy to keep opening accounts in about 5 minutes. Are you mixing up Bank of Scotland (BoS) with Royal Bank of Scotland (RBS)? BoS/Lloyds/Halifax all part of Lloyds Banking Group. NatWest/Ulster/RBS all part of RBS. I think?
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Post by dan1 on Sept 10, 2020 20:10:46 GMT
I decided to take a detour through Lloyds it being simpler as I already use them and it was a shorter end date, I was then going to ship that on to RBS (same group, but saw nothing to prohibit) but being told the cinema tickets are to be kept will have to rethink. Thanks for clarifying the £1500, it did not make much sense it would need to stay but equally odd given the monthly 'pass through' would have to be more than that over the duration. Thankfully Virgin seem happy to keep opening accounts in about 5 minutes. I'm doing Lloyds first thing tomorrow. I already have Club account and two Tescos in waiting for disposal. Great offer, £100 for a couple of minutes work. I've never bothered about cinema tickets, every year I forwarded them to my friend who loves going to cinema If you do a lot of shopping/fuel in Tesco then it's worth paying with your Tesco debit card, it's equivalent to 2%... www.tescobank.com/current-accounts/rewards/Thanks to aju for alerting me to this.
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Post by Badly Drawn Stickman on Sept 10, 2020 20:26:17 GMT
I decided to take a detour through Lloyds it being simpler as I already use them and it was a shorter end date, I was then going to ship that on to RBS ( same group, but saw nothing to prohibit) but being told the cinema tickets are to be kept will have to rethink. Thanks for clarifying the £1500, it did not make much sense it would need to stay but equally odd given the monthly 'pass through' would have to be more than that over the duration. Thankfully Virgin seem happy to keep opening accounts in about 5 minutes. Are you mixing up Bank of Scotland (BoS) with Royal Bank of Scotland (RBS)? BoS/Lloyds/Halifax all part of Lloyds Banking Group. NatWest/Ulster/RBS all part of RBS. I think? Almost certainly, my research stopped at seeing the word Scotland. I really should put more effort into these things.
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Post by dan1 on Sept 10, 2020 22:04:43 GMT
Are you mixing up Bank of Scotland (BoS) with Royal Bank of Scotland (RBS)? BoS/Lloyds/Halifax all part of Lloyds Banking Group. NatWest/Ulster/RBS all part of RBS. I think? Almost certainly, my research stopped at seeing the word Scotland. I really should put more effort into these things.I'm beginning to put more effort in now that rates are so much lower. £100 being equivalent to £10k @ 1% for a year.
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Nomad
Member of DD Central
Posts: 755
Likes: 513
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Post by Nomad on Sept 23, 2020 12:46:52 GMT
I'm still taking advantage from TSB - 4 current accounts and one reg saver. 1.5% is a very good rate at this time. Since they first offered interest on current accounts, they've been very competitive (I've never had to empty or close any of my TSB accounts). Have you ever taken advantage of Barclays Blue Rewards? MSE: TSB will no longer pay any interest on its Classic Plus current account from December.
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Post by df on Sept 23, 2020 12:56:06 GMT
I'm still taking advantage from TSB - 4 current accounts and one reg saver. 1.5% is a very good rate at this time. Since they first offered interest on current accounts, they've been very competitive (I've never had to empty or close any of my TSB accounts). Have you ever taken advantage of Barclays Blue Rewards? MSE: TSB will no longer pay any interest on its Classic Plus current account from December. Also Club Lloyds and BoS advantage significantly reducing their rates from 1st Oct. The situation for savers is getting worse and worse.
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