Santander 2.75% Account

Rheumatoid

oz0707 said:

Got both my letter today in the post. Am I the only one who had no need to scratch the passcode box at the bottom of the first letter? The 2nd letter gives you your temporary code and the 1st letter your user number. this was all I needed.

No.    ..

Thumbs_Up

oz0707 said:

Got both my letter today in the post. Am I the only one who had no need to scratch the passcode box at the bottom of the first letter? The 2nd letter gives you your temporary code and the 1st letter your user number. this was all I needed.

Yes.. ..  Same for me.Only needed letter 2.

TBC15

lohr500 said:

We switched back to Santander for our day to day banking after a gap of five or six years.

During the gap we were with TSB and I have to say their online platform was pants. Frequent outages and hopelessly slow response times.

I applied for the 2.75% saver account last week and the a/c was live within minutes. Perhaps I was lucky, or perhaps I applied before the stampede to grab it!!

Lucky swine

MiserlyMartin

lohr500 said:

I wonder if the deal has been pulled because of the unprecedented demand or because the thinking on interest rates is likely to be different following more Govt U turns today?

On Nov 3rd they ought to be raising by 1.0% but I expect they will do 0.75% which will keep the £ tanking. Anyway that will mean 2.75% on that account should go up. It will be less than the base rate. Santander are just pre-empting this move

london21

I have not yet received letters in the post but account up and running and excited to be paid interest at the end of the month. 

I am glad I managed to open my mom’s also, really unpredictable when products will be pulled, they have now reduced the interest rate to 2%

Tom_Hendo

Applied on the evening of the 11th, day the account was released.  I received the confirmation email with the 'More details in 3 working days' spiel. I have given Santander the benefit of the doubt assuming extreme demand could delay some exceptions or applications being processed. But having a read though it looks like I may fall into the 'Lost Application' pot, so unfortunately I guess they will not be able to honour my initial application and the only account available will now be Issue 2. I feel a complaint may be the only way to resolve this!  

dcs34

MiserlyMartin said:

lohr500 said:

I wonder if the deal has been pulled because of the unprecedented demand or because the thinking on interest rates is likely to be different following more Govt U turns today?

On Nov 3rd they ought to be raising by 1.0% but I expect they will do 0.75% which will keep the £ tanking. Anyway that will mean 2.75% on that account should go up. It will be less than the base rate. Santander are just pre-empting this move

£ is back where it started this month, so not sure it can still be described as "tanking"...

orange-juice

Does anyone get the ‘Check and Confirm Details’ message pop up on the app? And when you go to complete the form, there’s an error? I tried calling but was waiting for half an hour or so and gave up. Will try again tomorrow because I don’t want to be locked out of my savings!

Sandyra

Tom_Hendo said:

Applied on the evening of the 11th, day the account was released.  I received the confirmation email with the 'More details in 3 working days' spiel. I have given Santander the benefit of the doubt assuming extreme demand could delay some exceptions or applications being processed. But having a read though it looks like I may fall into the 'Lost Application' pot, so unfortunately I guess they will not be able to honour my initial application and the only account available will now be Issue 2. I feel a complaint may be the only way to resolve this!  

I was told they are working through all this applications where there was a glitch and they will hopefully be opened by next week. They will honour the 2.75%.

[Deleted User]

TBC15 said:

lohr500 said:

We switched back to Santander for our day to day banking after a gap of five or six years.

During the gap we were with TSB and I have to say their online platform was pants. Frequent outages and hopelessly slow response times.

I applied for the 2.75% saver account last week and the a/c was live within minutes. Perhaps I was lucky, or perhaps I applied before the stampede to grab it!!

Lucky swine

Mine was live overnight using an old login. Not put alot in as cautious about Santander will see how I get on but not going to need daily access or anything.