We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

£160 cashback for Santander Switch for new and existing customers

145791014

Comments

  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    MEEKUS said:
    Can I switch my everyday account with santander to 123 lite, in order to get the bonus? 
    I have not read the new T&C but in the past, no. Also it is a norm among industries switching is done on the external accounts.

  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 10 August 2022 at 12:10PM
    Olinda99 said:
    Given that the interest rate is only 0.2% I feel compelled to ask... why?
    From the title suggests:
    £160 cashback for Santander Switch for new and existing customers. But the hurdle you will need to switch an account. Not to mention the DD requirement.
    Once you get the switching incentive or even earlier (?) you could move your £1000 or close your account (or try to find another switching incentive) if you no longer need it.

  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Bemr said:
    adindas said:
    To be read between the lines:  I know Santander, Nationwide, Halifax, TSB is not Good in spotting offenders.
    I switched to Santander under the previous offer earlier this year (having already switched and received a bonus on the offer before that, at the end of 2021), and didn’t receive the bonus.  So in my experience they are good at spotting “offenders”.

    Did you apply using a new login or using the existing one ??
  • PRAISETHESUN
    PRAISETHESUN Posts: 5,019 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    MEEKUS said:
    Can I switch my everyday account with santander to 123 lite, in order to get the bonus? 
    As per the terms:

    2. Eligibility To qualify for the Switcher Offer and the Cashback Payment the following eligibility criteria apply: 2.1 You need to have instructed us to start a full switch from a personal current account not held with us, cahoot or Cater Allen (‘Old Account’) to a new or existing 1I2I3, 1I2I3 Lite, Everyday, Select, or Private Current Account held with Santander UK plc using the Current Account Switch Service (CASS) on or after 2 August 2022 and before the Switcher Offer is withdrawn, see condition 4.3 below (‘Qualifying Account’).
  • Matt17
    Matt17 Posts: 169 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Has anyone who got Amazon vouchers in the refer a friend scheme been successful in getting a switching bonus from Santander in the switching offers since then? 
  • Matt17 said:
    Has anyone who got Amazon vouchers in the refer a friend scheme been successful in getting a switching bonus from Santander in the switching offers since then? 

    I have and from what I remember from an earlier thread, so have lots of others.
  • Scrounger
    Scrounger Posts: 1,117 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Matt17 said:
    Has anyone who got Amazon vouchers in the refer a friend scheme been successful in getting a switching bonus from Santander in the switching offers since then? 
    Yes, I have (and have gone for this one as well - nothing ventured, nothing gained  :) )

    I happened to have an old BoS Reward account surplus to requirements.

    Scrounger
  • soulsaver
    soulsaver Posts: 6,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Matt17 said:
    Has anyone who got Amazon vouchers in the refer a friend scheme been successful in getting a switching bonus from Santander in the switching offers since then? 

    I have and from what I remember from an earlier thread, so have lots of others.
     Yes, amongst lots of others, I did...
  • PRAISETHESUN
    PRAISETHESUN Posts: 5,019 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    soulsaver said:
    Matt17 said:
    Has anyone who got Amazon vouchers in the refer a friend scheme been successful in getting a switching bonus from Santander in the switching offers since then? 

    I have and from what I remember from an earlier thread, so have lots of others.
     Yes, amongst lots of others, I did...
    Same here
  • Matt17
    Matt17 Posts: 169 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Ok that's great then seems that the Amazon offer hasn't stopped people getting switching bonuses so I'll have a go at this one. Thanks to all who answered my question
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.