I'm just about to complete my second switch in 2 months. I signed the formal loan offer with the solicitor during the week.
The bank have asked for the latest payslip and 1 month bank statement. This would normally be straight forward...however the account has my first cashback amount from a different bank to my original bank on the day before my salary was paid.
Does anyone know if the bank can pull out at this stage if they see the cashback and are concerned I'm a serial switcher, which of course they would be correct in their assumption? Would they question why there is a new direct debit to a new bank and a cashback line item in the statement?
The bank have asked for the latest payslip and 1 month bank statement. This would normally be straight forward...however the account has my first cashback amount from a different bank to my original bank on the day before my salary was paid.
Does anyone know if the bank can pull out at this stage if they see the cashback and are concerned I'm a serial switcher, which of course they would be correct in their assumption? Would they question why there is a new direct debit to a new bank and a cashback line item in the statement?