Switching Bank Accounts

Personal Finance Bank Accounts
1

Morning friends :wave:

How is everyone today?

Yesterday we published a handy guide to switching bank accounts :money_mouth_face::bank:

It’s super easy to get comfortable with your current bank account, but there are tonnes of reasons why it may be beneficial to switch. Including cash rewards, lower monthly fees, cashback, better customer service, etc etc.

You can read the full article here :point_right: https://bit.ly/3i6hXJN

Would love to know if switching bank accounts was something you did often? Or if it’s something you have on your financial to-do list?

3

:joy::joy:

So do you just open a new account with whichever new bank, test out the features, but keep the majority of your cash in one bank that you trust/ like the most?

They’ve made it super easy to switch, but you’re right in saying it could become more of a pain if something then goes wrong with the switch.

This doesn’t sound like fun. Hope you get that sorted soon :crossed_fingers:

5

The effort is far too much for me. I like my main bank and I can enough accounts with them that switching would just be a huge faff I don’t want to deal with - even if they pay me to move :woman_shrugging:

6

Is anyone tempted by the new bank switching bonuses coming out atm?

Like:

HSBC advance - free £125
First Direct - free £100
Virgin Money - free wine :joy:

8

They once tried to make this deal with Emma.

Download the app and get a bottle of wine. :joy:

1 Like
10

Haha sounds like a great deal :wine_glass::wine_glass: