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Santander £130 switch offer

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  • RN61
    RN61 Posts: 154 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    Switch completed 6/10/21, with £1200 and numerous direct debits imported - none of which have paid out - and £130 reward was paid on 19/11/21! 
  • harz99
    harz99 Posts: 3,743 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    RN61 said:
    Switch completed 6/10/21, with £1200 and numerous direct debits imported - none of which have paid out - and £130 reward was paid on 19/11/21! 
    What date was the account opened please?
  • reub075
    reub075 Posts: 29 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    edited 26 November 2021 at 11:56AM
    Santander EveryDay account opened on 29/09/2021, and switch instructed during account opening process on same day - switch completion date set for 20/10/2021.
    Switch completed on 20/10/21, with £1500 funding from external account,
    and two direct debits from donor account switched using CASS - both of which have paid out after completion of switch -
    however £130 incentive bonus not yet paid out as of 22/11/2021.
    The DDs had paid out on donor account prior to switch as well.
    I had not taken advantage of the Amazon vouchers switcher offer in 2019.
    The general consensus on here seems to be around 54 days after account opening that the incentive is paid out (as long as the conditions of switch are fulfilled), so hopefully for me by close of business today, or during this week.

  • EssexHebridean
    EssexHebridean Posts: 24,424 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 22 November 2021 at 12:17PM
    123 Lite - application 28/9/21 (new customer)
    Switch complete 11/10/21
    £130 received 22/11/21

    So bang on the 54 days by my reckoning. 
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    £100k barrier broken 1/4/25
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
  • 27th Sept - applied to transfer Nationwide to existing Santander
    14th Oct - switch completed
    22nd Nov - £130 hits my account

  • harz99
    harz99 Posts: 3,743 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    So far payments still falling in the 54-60 day window after account opening date.
  • received bonus today so within promised timeframes.  I can't find anywhere that states bonus clawed back if I switch or move account again after receiving bonus.  Anyone done this yet?
  • reub075
    reub075 Posts: 29 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    edited 26 November 2021 at 11:58AM
    reub075 said:
    Santander EveryDay account opened on 29/09/2021, and switch instructed during account opening process on same day - switch completion date set for 20/10/2021.
    Switch completed 20/10/21, with £1500 funding from external account,
    and two direct debits from donor account switched using CASS - both of which have paid out after completion of switch -
    however £130 incentive bonus not yet paid out as of 22/11/2021.
    The DDs had paid out on donor account prior to switch as well.
    I had not taken advantage of the Amazon vouchers switcher offer in 2019.
    The general consensus on here seems to be around 54 days after account opening that the incentive is paid out (as long as the conditions of switch are fulfilled), so hopefully for me by close of business today, or during this week.


    Status Update: 23/11/2021

    £130 Switch bonus received today - 23/11/2021 :)
    account opened - 29/09/2021
    switch instructed - 29/09/2021
    switch completed - 20/10/2021




  • ColinFFS said:
    received bonus today so within promised timeframes.  I can't find anywhere that states bonus clawed back if I switch or move account again after receiving bonus.  Anyone done this yet?
    There's no terms allowing them to do this so feel free to switch away at your leisure.
  • ccdorset
    ccdorset Posts: 303 Forumite
    Tenth Anniversary 100 Posts Name Dropper Combo Breaker
    edited 23 November 2021 at 8:15PM

    I received my £130 switch incentive today. :-)

    13/09/2021 - Account opened and switch requested online

    The switch didn’t happen due to a “technical system fault” according to Santander

    01/10/2021 - Switch re-requested over the phone

    11/10/2021 - Switch completed

    23/11/2021 - Incentive paid

    So 54 days from the date the switch was instructed over the phone.

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