£175 Santander switching bonus - how long to wait? 21 October 2022 at 6:25PM in Budgeting & bank accounts 37 replies 1.9K views

paul_liverpoolfc

Hi,

I switched to Santander last month and I was wondering how long I have to wait to get the £175 switching bonus.

I've already paid in the £1,000 and set up at least 2 Direct Debits.

Thanks

Paul

EP456

It can take up to 90 days.  I got mine at around 60 days.

oldagetraveller1

As EP456, although the £160 sum, credited in less than 60 days.

[Deleted User]

Rules say after 60 days they will assess and up to 30 days after to pay. Some people on the last big thread reported they were paid faster. Mine started 5th September, completed 13th but no sign of the money yet, I expect by early December, any sooner will be a bonus

soulsaver

Deleted_User said:

Rules say after 60 days they will assess and up to 30 days after to pay. Some people on the last big thread reported they were paid faster. Mine started 5th September, completed 13th but no sign of the money yet, I expect by early December, any sooner will be a bonus

It doesn't matter when the switch started/finished, the clock was ticking from date of instruction.

[Deleted User]

soulsaver said:

Deleted_User said:

Rules say after 60 days they will assess and up to 30 days after to pay. Some people on the last big thread reported they were paid faster. Mine started 5th September, completed 13th but no sign of the money yet, I expect by early December, any sooner will be a bonus

It doesn't matter when the switch started/finished, the clock was ticking from date of instruction.

Which is usually the same day or within a day or two, my application was the 1st September, so early December is correct, per my post

Russ66

Account opened 04 Sept.
Switch completed 13 Sept.
£175 paid 18 Oct.

n1guy

Account opened 4/9
Switched 10/9

No sign of anything yet.

youngretired

n1guy said:

Account opened 4/9
Switched 10/9

No sign of anything yet.

Your account couldn't have switched on the 10/9 as it takes 7 working days, so the earliest it could have switched was the 13/09? Do you mean you instructed them to switch on the 10/9?

On average it is taking 55 days from the switch instruction.

n1guy

youngretired said:

n1guy said:

Account opened 4/9
Switched 10/9

No sign of anything yet.

Your account couldn't have switched on the 10/9 as it takes 7 working days, so the earliest it could have switched was the 13/09? Do you mean you instructed them to switch on the 10/9?

On average it is taking 55 days from the switch instruction.

I looked at email received and the first transaction on my account and that’s what it was 

rallycurve

Switch instruction sent 23 August
Switch started 24 August
Switch completed 2 Sept
£175 received 18 Oct