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Opening a Santander account just for reward

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Comments

  • rogerblack
    rogerblack Posts: 9,446 Forumite
    I've just opened one of these - they wait until 3 monthly transfers of £1000 have been made before they give you the reward.

    I've used their switching service too - its all been very quick and easy

    Does anyone happen to know if it has to be in 1K lumps, or are weekly amounts of 270? just fine?
  • 10_66
    10_66 Posts: 3,500 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    rogerblack wrote: »
    Does anyone happen to know if it has to be in 1K lumps, or are weekly amounts of 270? just fine?

    THIS post says that it can be multiple amounts that total £1K.
  • I have a Santander 0% balance transfer card and recently paid the balance off within the 0% window. They immediately contacted me back and offered me another 0% deal, though the balance transfer fee still applied. I also had this with a Halifax 0% credit card as well.

    Thanks,
    Sam
  • MoneySaverLog
    MoneySaverLog Posts: 3,232 Forumite
    All the faster payment limits one off and by standing order for the various banks are here

    http://www.ukpayments.org.uk/faster_payments_service/value_limits
  • pcyam
    pcyam Posts: 651 Forumite
    smcgeady wrote: »
    I have a Santander 0% balance transfer card and recently paid the balance off within the 0% window. They immediately contacted me back and offered me another 0% deal, though the balance transfer fee still applied. I also had this with a Halifax 0% credit card as well.

    Thanks,
    Sam

    you can cancel santanders credit card and wait for few weeks to reapply for it agian and get 0% fee, if your guaranteed no credit score is done, if you were guaranteed last time chances you are still. Thats what I did.
  • 10_66
    10_66 Posts: 3,500 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    According to UK Payments Administration website and Santander's own website, they state that the Faster Payments limit for Santander is £300 if actioned by 'phone. I presume that this is the daily limit, not just a transaction limit?
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