Switching Bank Accounts to Mortgage Provider

breadwm

Recently been accepted for a mortgage with Santander. I currently bank with Natwest (1 current account, 3 savings accounts, 1 HTB ISA & 1 CC which I rarely use)

Is it worth contacting Santander to see if they will offer me a deal/some incentives to move all my bank accounts to them? If so, what is the best way to go about doing so?

:money:

worried_jim

Pop into a branch and ask.

badger09

worried_jim wrote: »

Pop into a branch and ask.

But I'd be very surprised if they offer you an incentive:cool:

dj1471

They're very unlikely to offer you anything. You should check out MSEs current account, credit card and savings account recommendations and move each to wherever you can get the best deal.

You should however consider the Santander 123 Current Account as it pays 1% cashback on Santander mortgage payments, it does however have a £5 monthly fee.

YorkshireBoy

dj1471 wrote: »

You should however consider the Santander 123 Current Account as it pays 1% cashback on Santander mortgage payments, it does however have a £5 monthly fee.

Alternatively, consider the 123 Lite...same 1% cashback on Santander mortgage payments but with only a £1 per month fee.

xylophone

Presumably you will be using the HTB ISA in the purchase of a property.

It would be worth considering transferring your current account to Santander 123.

http://www.santander.co.uk/uk/current-accounts/123-current-account?cid=ppc-123currentaccounts-google-dr-search-currentaccounts-Apr17&gclid=EAIaIQobChMIy5ew0vPK1QIV1RXTCh2ZwAStEAAYASAAEgIM__D_BwE

You might wish to consider the regular e-saver.

http://www.santander.co.uk/info/savings/regular-esaver

System

They are unlikely to offer you anything special unless you are super rich - Santander Select is about the best they offer comfortably off poor people.