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I have now decided to give so called "ethical" banks a miss due to similar issues with the Co-op. They deem it appropriate to tell blatant lies and then you show you can provide proof e.g. recordings, letters they go silent. With the so called "unethical" banks if it is a simple case they will admit they have done wrong, send standard compensation and an apology letter to close your complaint.
So i don't have to setup username and password, secret questions/answers, record it in keepass etc. Setup standing orders, setup frequently used payees. Change standing order for salary in business account, setup new payee in the business account for the dividend/expenses
suuure
Much of that, no you don't. I think possibly even the business bank payments might get automatically updated, the systems are a lot smarter than they used to be. Your new account basically replaces the old one.
most of those you don't have to do.
the underlined takes 10 mins tops.
why do you RTFM on account switches. you might learn something. there are £1000s to grab from banks for account switching.
Is this your latest "get rich quick" scheme? Find 150 people to upgrade their account and you get £15,000.
You all know some banks pay you to switch to them. From £100 to £150, it differs.
You might have skimmed this from numerous banks by now.
If someone want to share £200 with me I can use nationwide recommend a friend option. So I recommend you, you open account with them and switch your current account with 2 direct debits. Each of us gets £100.
Also you get 5% interest for an year for up to £2500. Overall it is £225 that you get. Once with NW account you can recommend your friends.
PM me if you are interested.
This is Bullsh!t
nationwide give 3% gross interest on a flex plus account up to a balance of 2500 which is 75 pounds per year (minus tax £15) you have to PAY 10 pounds per month for this account which is £120 per yer
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