Santander 123 Early Interest?

eschaton

Anyone else received this early this month?


Normally paid on 26th of month but paid today on 17th for part month.

Ballard

I'm credited on 8th of the month and have seen no changes thus far.

originator

Mine is due to be paid on Monday(19th).No early payment so far today.

YorkshireBoy

eschaton wrote: »

Anyone else received this early this month?


Normally paid on 26th of month but paid today on 17th for part month.

Often when this happens it's because you've been made a "select" customer, which resets your statement date to the date you were made a "select" customer.


Has your account seen an unusually high throughput lately?...>£5K per month? Or have you met the criteria in some other way? See their website for further details.

No_6

!!!!!!, only added a extra 4.8k into Santy this month,
so NO upgrade for me again


6

colsten

There is no guarantee of an 'upgrade' if you pay in £5K. Also, the benefits of being 'Select' are minute/non-existent, so I wouldn't worry.

eschaton

YorkshireBoy wrote: »

Often when this happens it's because you've been made a "select" customer, which resets your statement date to the date you were made a "select" customer.


Has your account seen an unusually high throughput lately?...>£5K per month? Or have you met the criteria in some other way? See their website for further details.

Not really. Only pay in what comes out to keep the balance more or less at £20k.

Archi_Bald

Does SELECT show in your online banking?

ceredigion

No_6 wrote: »

!!!!!!, only added a extra 4.8k into Santy this month,
so NO upgrade for me again


6

You need to credit 5K a month consistently over a period of time and even then it might not happen. After reading these boards for a number of years I think they must do it in batches because there is no discussion on the subject then several people will mention it at the same time.
As Colsten said there is no real discernible benefit, other than for the look on the tellers face when in the branch in my work clothes and produce the gold card. I know in this day and age it shouldn't make any difference who you are but there is a definite change in customer service. When they see the select .

ffacoffipawb

ceredigion wrote: »

You need to credit 5K a month consistently over a period of time and even then it might not happen.

Indeed, I've been doing this since May last year - £6.5k to Lloyds and £6.5k back every month.

No Select yet!

colsten

If it's important for you to be Select:

How do I become a Santander Select customer?

To qualify for Santander Select you must have a current account with Santander and meet one of the following criteria:

• Pay your main income of at least £5,000 per month into a Santander current account (excluding transfers from other Santander accounts), or
• Maintain £75,000 in any Santander investments, savings or current account; or
• Have a property worth at least £500,000 with a Santander mortgage.

For eligibility questions, please call 0800 032 3323, available 24 hours a day, 7 days a week.

http://www.santander.co.uk/uk/select/help-support