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Quinny

885 posts

Ultimate Geek

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#209114 13-Mar-2017 14:23
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Long story short looking to change banks. Was gonna say which bank but really for everyone likes Bank A someone will like Bank B.

 

What I would love to know is anyone who changed and found the process easy. Moving Mortgages, Normal account, Kiwisaver, Savings Account and Electronic Transaction account. So yeah full on setup. Broker says credit rating and equity mean should not be an issue but I am terrified of moving banks. So many aps etc to change. And some of the online banking platforms are horrid.

 

 

 

 

 

 

 

 


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KrazyKid
1238 posts

Uber Geek


  #1735811 13-Mar-2017 15:33
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I was offered $3k when buying a house 2 years ago  to change banks.

 

It was easy.

 

1) Tell your work

 

2) Look though the last 6 months statements try and spot any Auto Payments/Direct Debits you have forgotten you have.

 

3) Tell all the above you are changing account

 

4) leave the other account open with some cash in it to cover any AP/DD you missed (couple of months should do it.

 

5) Check old account monthly (or more often) for those rogue Payments

 

6) close old account.

 

 

 

I'm about to shop around again now as I was locked in for 2 years to keep my 3K so can move banks again shortly depending on the deals I can get.

 

 

 

 

 

Just do it


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