Reply To: Barclaycard Avios Plus holder – the ‘signing up for Barclays Premier’ thread

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Scottpat78 wrote:

My thought process is currently:

Whilst happy with HSBC, there is nothing (apart from customer loyalty) keeping me with them. They do the job needed, nothing more. My mortgage is elsewhere and although I am due 40,000 HSBC points in Feb 2023, this translates to 20,000 Avios so is dwarfed by a potential 125,000 SUB bonus for switching to the Barclays Premier account.

Looking online, the points holding me back are:
– ISA & Savings account, plus investment accounts aren’t as attractive as HSBC accounts (from what I can see)
– The kids account options don’t appear to be as good as the HSBC accounts
– The whole switching process – although there is a guarantee, I can still see it being a pain
– We have a joint account, and it was a pain to go into the Branch when first setting up to do 2 x identity etc. I’m not sure if this has moved on since then, as it was 10+ years back when we opened the HSBC account
– I got lucky I think with BC Avios Plus – accepted instantly as a new customer with a high 5 figure credit limit. Compared to others, I got off lightly, so this worries me for bank account issues. CC account I can live with being screwed for a while, bank account not so much.

I always planned to switch from the HSBC WE card to the free Premier card once I hit the 2nd part of the WE SUB. I pay £255 for this (£195 + £60 for supp) and was planning on downgrading it to the free card in favour of my Barclaycard Premier once I received the 2nd year bonus.

I’m on the fence but swaying towards the 125k Avios SUB opportunity.

Not sure why people confuse current account switch with ISA accounts. You can leave the ISA accounts as they are?

HSBC WE cards – how do you manage the lounge access for kids? Or is that not necessary for you?

If its too much trouble, just open a Starling or Monzo account and switch after 2 weeks?