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Santander Edge current account

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  • phillw
    phillw Posts: 5,665 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 1 December 2022 at 11:45AM
    One thing which hasn't been mentioned is that many of us currently use a credit card for Supermarket, petrol etc. The free credit for a month to six weeks means slightly more money can be kept in an interest paying account, worth perhaps £10-20/month.
    You would have to be putting about £5k a month through your credit card to make £20 a month when paying the full balance. I don't think many of us are doing that.

    A 18/24 month 0% purchase card would be more likely.

  • steven141
    steven141 Posts: 439 Forumite
    100 Posts Second Anniversary Name Dropper
    Which date does the £3 fee come out of your account? I’ve just signed up. 
  • ColdIron
    ColdIron Posts: 9,823 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    No idea as I haven't qualified for the cashback so am not charged but typically with Santander it will be in the monthly anniversary of account opening
  • WillPS
    WillPS Posts: 5,128 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    edited 7 November 2023 at 2:17PM
    steven141 said:
    Which date does the £3 fee come out of your account? I’ve just signed up. 

    Second working day of your account month (which starts on the day your account was opened/changed to Edge Up). You won't pay it until you've set up direct debits.
    Santander's relative months are a bit of a nuisance.
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