Hi, my name is snibo! Are there any bank accounts that don't charge you a fee to switch?

snibo
snibo Online Community Member Posts: 1 Listener
edited October 9 in Money and bills

I can’t find a switch bank account that doesn’t charge you a fee? Is there any switch service bank accounts that doesn’t charge a fee for getting the switch bonus?

Comments

  • Chris75_
    Chris75_ Online Community Member Posts: 3,606 Championing

    And a hello to you, too!

  • Rosie_Scope
    Rosie_Scope Posts: 6,952 Scope Online Community Coordinator

    Hi @snibo, welcome to the community. I'm afraid I don't know too much about this but I hope our members might have some suggestions.

    You could try having a look at the Martin Lewis website, that can be really helpful for this sort of thing: https://www.moneysavingexpert.com/banking/compare-best-bank-accounts/

  • OverlyAnxious
    OverlyAnxious Online Community Member Posts: 5,177 Championing

    Hi,

    I've switched bank accounts a few times and never been charged to switch.

    Which accounts are you looking at that charge a fee for switching?

    If you're specifically looking for a switching bonus then most will require you to pay a certain amount of money into the account each month, and have a couple of direct debits. That's perfectly fair though, they need to get something back for giving you free money.

Categories