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RBS Business Banking Switch - Free Money or PITA?

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    #11
    Originally posted by barrydidit View Post
    AFAIK it's the Williams and Glynn tranche of customers who are being encouraged to feck off. It should have ended ages ago but they've got nowhere near the numbers of people they expected to jump so it's all still staggering on. RBS had to be whacked due to European state aid rules following the bailout. I'd expect it to be quietly shelved at the end of the year.
    That's the feller. For about 18 months I got regular emails about moving to W&G, ooh nearly there, its all exciting, nearly there now, it'll be soon, next month, erm, spring. Maybe.

    Then, no that's not happening, here's some money to leave, cheerio now.

    qh
    He had a negative bluety on a quackhandle and was quadraspazzed on a lifeglug.

    I look forward to your all knowing and likely sarcastic and unhelpful reply.

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      #12
      Originally posted by SimonMac View Post
      So RBS are paying you to take your business elsewhere?
      Having previously had a business acct with RBS, I'm surprised they have to resort to this. I jumped ship as soon as the 2yr fee-free period expired. I don't mind paying fees, but in return I expect a level of service RBS seem to be incapable of.
      His heart is in the right place - shame we can't say the same about his brain...

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        #13
        I wonder whether you can open an account with them - and then wait for them to offer you the same deal to go?

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          #14
          Originally posted by GJABS View Post
          I wonder whether you can open an account with them - and then wait for them to offer you the same deal to go?
          I opened an account in April, just had an email saying they will be offering me money on the 25th to move

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            #15
            RBS may not have been the best bank but I found them Ok while I had an account with them. I didn't do much other than check balances for payments and transfers, all pretty much via the App. I visited a branch once/twice I think. The main issue was at the start opening the account which took an absolute lifetime, nearly 2 1/2 months.

            I was also offered the transfer originally and took no action as I was fine with RBS, then they came back with a 3k offer at which point I took a look into it.
            TSB had a good offer which meant no fees after the intro offer as long as you had a minimum balance. I took them up on it and after a few months you get the money, there are conditions like minimum amount coming in within 3 months.

            Earlier this year TSB added another 1k into my account, apparently the offer went upto 4k after I switched and to help with corona they wanted to make sure customers who had switched before also received that.

            TSB is worse than RBS, in particular the absolute rubbish mobile banking app for business, this is no exaggeration. They are now closing branches as well which I am sure in the rare event that I need to use them they will be a pain. In branch services however are pretty poor, these isn't much they can do in branch for you.

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