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Santander £130 switch offer

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Comments

  • tunde10
    tunde10 Posts: 216 Forumite
    Part of the Furniture 100 Posts
    Haha i love how people who haven't received their £130 are getting nervous.

    Just takes patience, as long as you meet criteria, i think majority of us who initiated the switch in Sept, will get in within the next week or so. I initiated mine on 16th Sept-21.
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    harz99 said:
    Daliah said:
    Previously had the Amazon vouchers, switched another account in October, got £130 today 😀
    What date was the switch initiated? 
    Sorry, can't remember but my switch completed on October 14
  • £130 received today, switch initiated 13th Sept.
    Retired at age 56 after having "light bulb moment" due to reading MSE and its forums. Have been converted to the "budget to zero" concept and use YNAB for all monthly budgeting and long term goals.
  • Catplan
    Catplan Posts: 432 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    harz99 said:
    Catplan said:
    Just received my £130  :)
    Me too, switch completed on Sept 27th, so 45 days.
    I think it's more about when the account was opened and when the switch was initated rather than completed, can you share those dates? 
    Existing customer opened new account on 15th Sept, requested switch at time of opening, old TSB account with active DD’s on it.
  • My experience of 2 accounts

    Account opened 13/9/21, switch completed  27/9, paid 9/11

    Account opened 15/9/21, switch completed  4/10, paid 9/11
  • FUrake said:
    harz99 said:
    FUrake said:
    FUrake said:
    harz99 said:
    FUrake said:
    Seems there's no rhyme or reason to who is getting paid first 
    Actually there is, everyone who was paid yesterday (with one exception) initiated their switch w/c 13/9. That one exception was only a day later in initiating on 20/9.

    However, what is far more interesting is that so far, nobody has reported being paid today!
    Even more interesting is that, even if you initiated the switch on the 13th September, the 60 day assessment point isn't reached until 12th November so it looks like someone at Santander has jumped the gun.
    yeh I was thinking this earlier, maybe they've paid out too early to some people by mistake
    If the customer has already met the requirements, why delay paying the bonus? 
    As long as they check again after the 60 day deadline in cases where the requirements haven't been met yet, I see no mistake.

    in that case more people would have already been paid out than we have heard from
    Quite possibly there will have been far more, simply because not everyone who has switched will be on these forums! 
    of course, but the fact people were paid out earlier than the Ts and Cs suggested they would coupled with the fact only a handful of people on this thread been paid out with at least 1 paid out with a later initiation date than me it does seem to suggest maybe they have paid out too early by mistake, anyway fact remains, ive still not been paid out!
    Don't see why it would be a mistake on Santander's part. I think it's far more likely they're just making an early start on processing the bonuses. Not everyone will have been paid yet simply because they're still working through the list. 

    It's not a mistake nor is it early - the funds were owed once you met the criteria; they just have up to 60 day limit to pay it
  • Costabit
    Costabit Posts: 187 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    OH and I both did identical processes i.e. open new accounts and  started the switch’s in same date, completed same date, identical DDs paid out and same amount of money paid in.
    She got her £130 and I did not.
    So unsure what is the method that Santander are using to determine who gets the bonus on what date ???

  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    My experience of 2 accounts

    Account opened 13/9/21, switch completed  27/9, paid 9/11

    Account opened 15/9/21, switch completed  4/10, paid 9/11
    Were these two accounts in the same name?
  • FUrake
    FUrake Posts: 164 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    2 accounts opened and switches initiated on 16th sept, 2x£130 switch bonus received today, lovely jubbly 
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    FUrake said:
    2 accounts opened and switches initiated on 16th sept, 2x£130 switch bonus received today, lovely jubbly 
    accounts in the same or different names?
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