How soon can you switch over a current account after opening it?
yesman2012
Posts: 2,104
Forum Member
✭✭✭
Is there some sort of rule on this? or can I switchover whenever?
another thing I wanted to ask is, specific santander, can you hold both a student account and a 123 current account from them?
another thing I wanted to ask is, specific santander, can you hold both a student account and a 123 current account from them?
0
Comments
Depends if cash tempters came along with the current account .Presuming yes, there will be T&Cs .Suggest you get off your butt and read em
i.e. you close your account and switch it across to another bank
Of course you can - tho if OP got cash incentives to open the account he would almost certainly have to give it back .He just has to read Ts & C s - it's very simple
Yeah thats expected, but I don't care about that, I just want to be able to switch over.
I can tell you categorically why I couldn't have a student account and current account at the same bank ,BOS, because they TOLD me it's not their policy and that most banks would be the same, having multiple CURRENT accounts is one thing.... Student accounts are different, they have perks including free overdrafts etc and I was unable to have an active student and current account with the same bank, I had savings and student account but NOT student AND current account...
So to OP, just ask your branch if they'll let you, it might have changed in recent years, I can only comment on my experience from my bank at that time.
There are time limits though. For example, Halifax specify within 30 days of the new account being opened and Santander say 60 days.