£125 to switch to first direct and £100 if you leave within 12 months includes £250 interest-free overdraft
82°Expired

£125 to switch to first direct and £100 if you leave within 12 months includes £250 interest-free overdraft

18
Found 4th Jun 2014
Just got a mail from Moneysuper market on this deal, hope it helps some one.

Switch your banking
£100 if you like us,
£200 if you don't
£200 says you'll stay. We'll give you £100 when you join and £100 if
you leave within 12 months. Which is highly unlikely.

With our 1st Account you will get £125** for switching (if you've not tried us before) and a £250 interest-free overdraft comes as standard. Discover how easy it is to move your account, and just how refreshing it is to talk to real people 24 7 365. We're sure you'll love us.

If you're not happy after six months we'll help you move to another bank and give you £100***. That's £125 if you like us and another £100 if you don't.

18 Comments

Banned

Think there certain terms you have to adhere to but don't think they are too demanding.

hollyvix86

Think there certain terms you have to adhere to but don't think they are … Think there certain terms you have to adhere to but don't think they are too demanding.



haha. You have put in £1000 a month for six months before they let you out. You have to pay £15 per month for the account, thats at least £90. A very good reason for leaving
A £250 interest free overdraft, wow!
Edited by: "jasee" 4th Jun 2014

hot hot hot.

Banned

jasee

haha. You have put in £1000 a month for six months before they let you … haha. You have put in £1000 a month for six months before they let you out. You have to pay £15 per month for the account, thats at least £90. A very good reason for leaving :)A £250 interest free overdraft, wow!



that's just made my nippels freeze .

jasee

haha. You have put in £1000 a month for six months before they let you … haha. You have put in £1000 a month for six months before they let you out. You have to pay £15 per month for the account, thats at least £90. A very good reason for leaving :)A £250 interest free overdraft, wow!



You only pay £15 a month if you choose to take up First Directory.
It's not compulsory!

Not £15 but £10 a month fee if...

"Banking with first direct usually costs £10 a month, but you will not be charged this fee for the first six months from account opening, when you pay in at least £1,000 to your 1st Account each month, or maintain an average monthly 1st Account balance of £1,000, or you hold a selected first direct additional product".


discover.firstdirect.com/1st…723

jasee

haha. You have put in £1000 a month for six months before they let you … haha. You have put in £1000 a month for six months before they let you out. You have to pay £15 per month for the account, thats at least £90. A very good reason for leaving :)A £250 interest free overdraft, wow!



You can put £1 in a savings account and then there are no charges for this account

Great bank and great offer *heated*

So could I just set up a direct debit transfer from One account to this account every month to qualify ? And how dies the switching service work , wicked I need to tell work I'm using a different account and phone defect debit companies to give new details ?

p-e-t-e

You can put £1 in a savings account and then there are no charges for … You can put £1 in a savings account and then there are no charges for this account



Yes, sorry, you and others are right.
It seems you could open a Bonus Saving Account for instance with only £1 and get no charges

Great customer service.

jimbob2010

So could I just set up a direct debit transfer from One account to this … So could I just set up a direct debit transfer from One account to this account every month to qualify ? And how dies the switching service work , wicked I need to tell work I'm using a different account and phone defect debit companies to give new details ?



tell them old bank details, they switch all standing orders/direct debits.
all you need to do is tell employer new details.

Amazing bank! Best I've ever dealt with.

Heat!

Can it be any of your banks? I use two different banks or is there rules for that?

mayfair11

Can it be any of your banks? I use two different banks or is there rules … Can it be any of your banks? I use two different banks or is there rules for that?



As long as you've not had FD before you can use any other bank with current account to do the switch and get the cash incentive..
Many people have more than 2 current bank accounts so they make 1 switch easily.

I'm thinking of switching my HSBC account to FD. I only just signed up FD last month but I'm torn between sticking with HSBC (to use both) or switch to FD to get the cash incentive.
GRR have 2 more months to think about it.lol

Edited by: "dingdong" 5th Jun 2014

dingdong

As long as you've not had FD before you can use any other bank with … As long as you've not had FD before you can use any other bank with current account to do the switch and get the cash incentive..Many people have more than 2 current bank accounts so they make 1 switch easily.I'm thinking of switching my HSBC account to FD. I only just signed up FD last month but I'm torn between sticking with HSBC (to use both) or switch to FD to get the cash incentive.GRR have 2 more months to think about it.lol



Okay, So I could switch my current account from HSBC to FD and only have £1 in it, so I wouldnt have to pay the monthly fee? Do I need to have had my current account for a particular length of time? If I left £1 in for a year can I then say I don't like it then get the other £100?

I should really read the T&Cs

I think the cash incentive is great

mayfair11

Okay, So I could switch my current account from HSBC to FD and only have … Okay, So I could switch my current account from HSBC to FD and only have £1 in it, so I wouldnt have to pay the monthly fee? Do I need to have had my current account for a particular length of time? If I left £1 in for a year can I then say I don't like it then get the other £100?I should really read the T&Cs ;)I think the cash incentive is great



When you signup just add an additional esaver into the account and put a pound in so you won't need to pay £10 each month forever or can add additional product eg.creditcard.

the t&c
** Open a 1st Account, then transfer your banking and salary/income of at least £1,000 per month to your 1st Account using the Current Account Switch Service within three months of your account opening and we'll add £100 to your account.

***Here's how it works. We'll pay £100 per customer or joint relationship if you close your 1st Account within 12 months of opening it, as long as a monthly salary or income of £1000 or more has been paid into that account for at least six months and you haven't previously had an account with first direct. You must contact us to claim the Service Guarantee prior to closing your account. You'll also need to have transferred your banking to that account using the Current Account Switch Service. We'll pay the £100 into your 1st Account prior to its closure. All accounts with first direct have to be closed and your 1st Account transferred to another bank/building society.

FD is by far the best banking experience i've had, but really picky about who to take in. I've not had any problems with HSBC but this incentive is hard to turn down.
maybe i'll just open a simple current account and do the switch to get the incentive..


Edited by: "dingdong" 5th Jun 2014

dingdong

When you signup just add an additional esaver into the account and put a … When you signup just add an additional esaver into the account and put a pound in so you won't need to pay £10 each month forever or can add additional product eg.creditcard.the t&c ** Open a 1st Account, then transfer your banking and salary/income of at least £1,000 per month to your 1st Account using the Current Account Switch Service within three months of your account opening and we'll add £100 to your account. ***Here's how it works. We'll pay £100 per customer or joint relationship if you close your 1st Account within 12 months of opening it, as long as a monthly salary or income of £1000 or more has been paid into that account for at least six months and you haven't previously had an account with first direct. You must contact us to claim the Service Guarantee prior to closing your account. You'll also need to have transferred your banking to that account using the Current Account Switch Service. We'll pay the £100 into your 1st Account prior to its closure. All accounts with first direct have to be closed and your 1st Account transferred to another bank/building society. FD is by far the best banking experience i've had, but really picky about who to take in. I've not had any problems with HSBC but this incentive is hard to turn down. maybe i'll just open a simple current account and do the switch to get the incentive..



I just read all the info and saw that as I felt lazy asking you!

Thanks so much

Yeah if you like their service, then go for it I wouldn't turn the incentive down
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