Santander £140

Kev11

I was under the impression from the program that existing Santander customers can get the payment if they move into a Santander 123 account. After calling Santander today this is NOT the case .Santander said if I already have a Santander acc and I had another account with a different bank then I would be eligible. Total farce… my salary gets paid into one account, a non interest Santander account. 

eskbanker

Kev11 said:

I was under the impression from the program that existing Santander customers can get the payment if they move into a Santander 123 account. After calling Santander today this is NOT the case .Santander said if I already have a Santander acc and I had another account with a different bank then I would be eligible. Total farce… my salary gets paid into one account, a non interest Santander account. 

Don't seek detailed product terms from a TV programme that spends a few seconds giving highly summarised bullet points then!

The fact remains that existing Santander account holders can benefit from the offer, but only by switching in a non-Santander account to the existing Santander one, which is what Santander have correctly told you and which is what's shown even in the brief MSE summary at https://www.moneysavingexpert.com/banking/compare-best-bank-accounts/#switch (but the definitive source will always be the provider's own website):

Who can get the bonus? This must be your first switch bonus from Santander, and you can't switch an account from Santander, Cahoot or Cater Allen.

So, not a "total farce" at all, or anything remotely resembling one!

P.S. This offer, like others, is typically discussed on the banking board rather than the savings one....

https://forums.moneysavingexpert.com/categories/budgeting-bank-accounts

timmy963

Clearly says it must be a current account you hold elsewhere.