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Santander £130 switch offer

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  • jimjames
    jimjames Posts: 18,695 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    New account opened 28/9
    Switch completed 13/10
    Payment received 22/11
    Remember the saying: if it looks too good to be true it almost certainly is.
  • 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?
    I moved from Nationwide to first direct 2 days after getting bonus and moved from first direct to Halifax 2 days after getting bonus........fill your boots
  • Alex9384
    Alex9384 Posts: 980 Forumite
    Fifth Anniversary 500 Posts Name Dropper Photogenic

    01/10/21 - Santander account opened and switch from HSBC initiated
    01/11/21 - HSBC account switched/closed
    23/11/21 - incentive paid in


     
    EPICA - the best symphonic metal band in the world !
     
  • RN61
    RN61 Posts: 154 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    harz99 said:
    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?
    27/9/21 was the date 
  • SaverRate
    SaverRate Posts: 977 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 26 November 2021 at 11:19AM
    Did anyone initiate their switch on the 5th October and have had the bonus paid yet? 

    EDITED IN BOLD FOR CLARIFICATION 
  • soulsaver
    soulsaver Posts: 6,623 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 26 November 2021 at 11:21AM
    Did anyone start their switch on the 5th October and have had the bonus paid yet? 
    Bonus is paid at number of days from instruction... which could be upto 3 weeks before switch starting.

    Your expectations/comparisons need to be counted down from the date you instructed them to make your switch.
    So that was...?
  • harz99
    harz99 Posts: 3,743 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    soulsaver said:
    Did anyone start their switch on the 5th October and have had the bonus paid yet? 
    It doesn't matter when your switch started - bonus is paid at number of days from instruction... which could be upto 3 weeks before switch starting..
    54 - 60 days from the date of opening the account as far as I've been able to tell from the limited info so far on here... 
  • soulsaver
    soulsaver Posts: 6,623 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 26 November 2021 at 11:46AM
    Did anyone initiate their switch on the 5th October and have had the bonus paid yet? 

    EDITED IN BOLD FOR CLARIFICATION 
    You're welcome.
    Initiated = Started.
    If you want 'clarity', use the term Santander uses in their switching terms:

    3.1 We will assess the Qualifying Account 60 days after the switch has been instructed to decide whether you have qualified for the Switcher Offer and the Cashback Payment under these Terms. If you qualify, we will make the Cashback Payment to you within the next 30 days following our decision. 3.2 The Cashback
  • harz99 said:
    soulsaver said:
    Did anyone start their switch on the 5th October and have had the bonus paid yet? 
    It doesn't matter when your switch started - bonus is paid at number of days from instruction... which could be upto 3 weeks before switch starting..
    54 - 60 days from the date of opening the account as far as I've been able to tell from the limited info so far on here... 
    Thank you for actually answering my question :smile:
  • Fingerbobs
    Fingerbobs Posts: 1,705 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    harz99 said:
    soulsaver said:
    Did anyone start their switch on the 5th October and have had the bonus paid yet? 
    It doesn't matter when your switch started - bonus is paid at number of days from instruction... which could be upto 3 weeks before switch starting..
    54 - 60 days from the date of opening the account as far as I've been able to tell from the limited info so far on here... 
    Thank you for actually answering my question :smile:
    The date you opened the account, the switch start date and the switch completion date are all irrelevant. 
    The only relevant date is the date of the instruction to Santander that you wish to switch. The bonus is (apparently) paid 54-60 days from that date. 
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