Does anyone keep switching banks for the bonus?

[OpenToSuggestions]

Every now and then I switch current accounts to a new bank for the new customer bonus.

Over the last few months several banks have £100-125 switch offers.

I used to dabble with matched betting, with the view that poor bookies don't exist. The same can be said for banks .

It's easy money (obviously there are terms and conditions) and I'm not worried about any minor credit score impacts.

I wondered if anyone else switches current accounts like I do for the £?

 

[OpenToSuggestions]

I have one main account that I use properly then a few others that I use just for switching around. I never use the cards for the other accounts so it's no issue changing payments.

I switch the account where all my bills come out of. I've never had any issues .

 

[OpenToSuggestions]

So all DDs and standing orders move automatically? You just apply for a new acc, get approved, and they all pop in?

Sounds like its come a long way from how it used to be

Yep. Even your previous payees are there too.
Just don't be in your overdraft as that is a pain in my experience.