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Can you have M&S and FD or HSBC? zolablue25

Posted: Sat Mar 04, 2017 8:19 am
by eaglewings27
Hi we have a M&S account and I'm looking at switching one of our other accounts to either FD or HSBC for the bonus and savings accounts. My question is, can I get these accounts even if I have an M&S account? I understand they are all part of the same group hence my question.

Posted: Sat Mar 04, 2017 10:30 pm
by clard
Sure, you can have all three, no problem. I did it for the same reason a couple of years ago.

Posted: Sun Mar 05, 2017 4:07 pm
by sirwozzle
Yes you can, they may be of the same group but they are different brands.

Posted: Sun Mar 05, 2017 8:51 pm
by eaglewings27
One more query I'm afraid. I've read that you can't get these bonuses if you've been a customer with the banks before. About 30-odd years ago I was a customer of Midland and Nat West and I think that at least one of these was absorbed by HSBC. Does that mean I would be classified as a previous customer.



Edit: Obviously it was only the Midland that was taken over by HSBC, Nat West is still in existence

Posted: Mon Mar 06, 2017 1:12 pm
by donavon



One more query I'm afraid. I've read that you can't get these bonuses if you've been a customer with the banks before. About 30-odd years ago I was a customer of Midland and Nat West and I think that at least one of these was absorbed by HSBC. Does that mean I would be classified as a previous customer.



Edit: Obviously it was only the Midland that was taken over by HSBC, Nat West is still in existence
Originally posted by zolablue25


HSBC are quite picky when it it comes to their advanced account which is the one offering the incentive. Reading the T & Cs you would qualify subject to account being offered as you have not been a customer since January 2015 and it shows an * which says you can hold a M&S and FD account.



Here is the link



https://www.hsbc.co.uk/1/PA_esf-ca-app-content/content/pws/content/personal/pdfs/HSBC_200_Switching_offer.pdf



Good luck on switching.



Westie983

Posted: Mon Mar 06, 2017 8:37 pm
by decomposer



One more query I'm afraid. I've read that you can't get these bonuses if you've been a customer with the banks before. About 30-odd years ago I was a customer of Midland and Nat West and I think that at least one of these was absorbed by HSBC. Does that mean I would be classified as a previous customer.



Edit: Obviously it was only the Midland that was taken over by HSBC, Nat West is still in existence
Originally posted by zolablue25


Where have you read that?



In the switch incentive T&Cs on the banks' own websites, or in some article, or statement from random internet users?



The point I'm trying to make is that you must consult the individual bank's T&Cs rather than rely on hearsay.



FWIW, I think only FD excludes anyone who has been a previous customer. But don't take that as your answer - check

Posted: Tue Mar 07, 2017 7:41 am
by eaglewings27



Where have you read that?



In the switch incentive T&Cs on the banks' own websites, or in some article, or statement from random internet users?



The point I'm trying to make is that you must consult the individual bank's T&Cs rather than rely on hearsay.



FWIW, I think only FD excludes anyone who has been a previous customer. But don't take that as your answer - check
Originally posted by badger09


It was here, and it was referring to FD http://forums.moneysavingexpert.com/showthread.php?t=5580861



Thanks everyone that has helped.

Posted: Tue Mar 07, 2017 4:53 pm
by coot
You can have all 3 - and in my experience each bank won't notice. I had been an HSBC customer for 20 years - but FD and M&S couldn't electronically ID me at all!