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Santander doubling energy cashback for 2 months

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Comments

  • graham47
    graham47 Posts: 81 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    WillPS said:
    Daliah said:
    Ovo are taking my usual DD (enough for £10 cashback), and have separately paid £66 into my 123 Lite account. As my next Santander cashback is not due until early November, I won't know until then whether Santander will work out the net amount for cashback purposes.

    I have never known for payments from utilities to reduce the amount of cashback payable. Should only be the Direct Debit amount which is considered.
    OVO have just payed me the full 4% on my Oct dd plus the £66 rebate.
  • AlwaysLearnin
    AlwaysLearnin Posts: 914 Forumite
    Part of the Furniture 500 Posts Name Dropper Mortgage-free Glee!
    edited 18 October 2022 at 2:45PM
    graham47 said:
    OVO have just payed me the full 4% on my Oct dd plus the £66 rebate.
    Doesn't any cashback today relate to September DD's, in which case the rebates hadn't started?
  • WillPS
    WillPS Posts: 5,347 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    graham47 said:
    OVO have just payed me the full 4% on my Oct dd plus the £66 rebate.
    Doesn't any cashback today relate to September DD's, in which case the rebates hadn't started?

    Not neccessarily, Santander don't use calendar months annoyingly. In my case my Santander month runs 8th-7th-ish and my energy DD is paid around the 1st-3rd, so the 'September' month included my October 3rd £250 DD.
  • badger09
    badger09 Posts: 11,744 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Daliah said:
    Ovo are taking my usual DD (enough for £10 cashback), and have separately paid £66 into my 123 Lite account. As my next Santander cashback is not due until early November, I won't know until then whether Santander will work out the net amount for cashback purposes.
    WillPS said:
    Daliah said:
    Ovo are taking my usual DD (enough for £10 cashback), and have separately paid £66 into my 123 Lite account. As my next Santander cashback is not due until early November, I won't know until then whether Santander will work out the net amount for cashback purposes.

    I have never known for payments from utilities to reduce the amount of cashback payable. Should only be the Direct Debit amount which is considered.
    Not quite same circs as described by Daliah, but when Octopus refunded £160 of my credit balance a few months ago, Santander did not do any ‘netting off’. 
  • Can’t complain at £10 cashback just for paying a couple of DD.
    Going forward £5 not bad either especially as my energy suppliers have hiked my DDs to over £250 per month now 😭 
  • graham47
    graham47 Posts: 81 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    graham47 said:
    OVO have just payed me the full 4% on my Oct dd plus the £66 rebate.
    Doesn't any cashback today relate to September DD's, in which case the rebates hadn't started?
    No.
     I think cashback applies to DD’s in that statement period. In my case that included October.
    (my original post should, of course, have referred to “Santander”.)
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