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Santander £130 switch offer

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  • Costabit said:
    In order to avoid a branch visit, would it be possible to open another new account online and switch in to that new account ?
    Is there any limit to number of accounts imposed by Santander ? ( I already have one Joint and one individual Santander account ) 
    Do they hard search you for multiple accounts ?
    Has anybody been successful in trying this out ? 

    I have done exactly that as my earliest branch visit appointment was second week of October.

    Opened a second Everyday account, so you can have at least two.

    Am expecting a hard search tbh. (Appeared on Experian last time I opened one. Too early yet obviously)
    Just to clarify is that a second sole everyday account?

    I currently have a sole 123Lite and sole Everyday, I’d like to open 2nd Everyday for this offer, which I think you’re saying is possible all be it will result in hard search.
  • Santander accounts opened for me and the wife with switches set to start. Have already done the same to get the Nationwide switching offer so that should provide some nice income in the coming weeks. This is fun, it's like the old days. :D:D
    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.
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
     it's like the old days. :D:D
    If only it were......they all have the 'you won't get the bonus again if you had one before' clause now 😭
  • Sorry to ask a stupid question, new to this. 

    Reading recent comments on here suggests DDs need to be in place 60 days before the switch. 

    I have a couple of spare accounts but no DDs set up on them. Given the October 31st closing date, I assume it's not possible for me to qualify for this offer?

    I do have an Everyday Saver account with Santander sitting empty if that helps in anyway. 
  • castle96
    castle96 Posts: 2,980 Forumite
    Part of the Furniture 1,000 Posts
    re-read   "within 60 days of switch"
  • Yorkshire_Pud
    Yorkshire_Pud Posts: 1,966 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 14 September 2021 at 12:59PM
    RetSol said:
    • "We’ll take care of your switch, using the Current Account Switch Service. 60 days after you tell us to switch your account, we’ll check to make sure you are eligible and then pay £130 cashback into your account within the next 30 days.".
    Could be a long one..... 
    Santander want a long lead time so that they can net all the try it on/already benefitted from an incentive in the past,so when/if they eventually turn the customer down for the £130 they, Santander, get the switch statistic for free and the longer it takes, the more customers already in the net. 
  • Is there a way to find out if one has received a switching offer from Santander in the past? I didn’t partake of the Amazon jamboree and done so many other switches have no clue if or when Santander offered switch bonus in the past!?
  • SamJ35
    SamJ35 Posts: 63 Forumite
    Fourth Anniversary 10 Posts
    My partner is currently with Santander and wants to stay with them long term. Is there anything stopping her from switching to the nationwide offer, getting the £100 bonus from them within 10 days and then switching back to Santander for the £130? Thanks 
  • I currently hold an Everyday current account and I decided rather than having to faff around with a branch visit, that I'd just open a second Everyday current account and switch as a part of the application (donor has 2x DDs already set up). Very straight forward and was opened and visible on my online banking straightaway. Haven't checked if I was credit searched, but I suspect I was given there was a big spinning circle of doom on the final application page that took a few mins to process. All that's left is to deposit £1k in the next 60 days once the switch completes :)
  • phillw
    phillw Posts: 5,665 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    castle96 said:
    Do the DD's need to be in place on the donor a/c, or set up afterwards on the new a/c (within 60 days)?
    This section of the T&C is making me not want to risk switching an account with no DD.

    3.4 We reserve the right to not make any Cashback Payment where we suspect or are made aware that the Switcher Offer is being abused, for example, by closing an Old Account to switch back to us to receive the Cashback Payment. 


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