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New Santander £200 Switch Offer - January 2023

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  • flaneurs_lobster
    flaneurs_lobster Posts: 6,605 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    edited 18 March 2024 at 4:36PM
    Does anyone who applied to Santander know how long it takes for the ID to be verified and account to be opened?
    Same day.
  • They seem to have recorded two hard searches on my Experian file. Has this happened to anyone else? Is this normal?
  • 33q
    33q Posts: 43 Forumite
    Ninth Anniversary 10 Posts Name Dropper
    Phoned in and switched my Nationwide account into my existing Everyday Account.

    90 days for payout.

  • MikeJXE
    MikeJXE Posts: 3,856 Forumite
    1,000 Posts Second Anniversary Name Dropper
    MikeJXE said:
    I switched an account into my Santander 123, simple as a b c 10 minutes on the phone with the switching team. 

    Paid out £1000 from it to another account, then another account  and back in to Santander, so covered all the terms and waiting  for the £200 
    Although you have paid in the £1k , are you sure this will meet the terms, as you've in effect withdrawn £1k and then replaced it?
    Should be ok, just thinking out loud.
    I've been with Santander for 10 years and any money I have in other banks has at some point been through them. My pension goes to them so they are getting more than £1000. See how it goes 
  • Gidans24
    Gidans24 Posts: 11 Forumite
    Sixth Anniversary First Post
    Does anyone know if there is a minimum time you have to stay with Santander? Me and OH both switching our accounts to them for the bonus, then plan to later move our joint account to them (for no bonus but to pay our bills and get cashback) then switch our seperate current accounts on in a couple of months to avoid paying double fees? Does that plan make sense 
  • MikeJXE
    MikeJXE Posts: 3,856 Forumite
    1,000 Posts Second Anniversary Name Dropper
    I'm no expert but I would stay till I got paid the £200 unless someone has a better idea

  • Can someone confirm that the offer is being pulled from midnight?

    I have an in-branch appointment to switch to my existing Santander account tomorrow morning, no wish to add a wasted journey to the frustration of missing out by hours.
  • OOOOOOOOHHHH, I haven't heard that wieder3mal !
    I only applied for my account last week, it was opened yesterday. In by the skin of my teeth, it seems!
    Where did you hear that? I hope you can get in  <3
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  • OOOOOOOOHHHH, I haven't heard that wieder3mal !
    I only applied for my account last week, it was opened yesterday. In by the skin of my teeth, it seems!
    Where did you hear that? I hope you can get in  <3
    Your timeliness is exemplary, congratulations!

    I had some kind of premonition that it would happen, a search late last night brought up an article in the Sun (hence coming here to check for sure) stating the midnight deadline to start an application. And now it's gone, seemingly a sudden decision given it was still being shown here at MSE at about 10pm last night, without any indicator of the deadline.

    Having called them last week to arrange the necessary in-branch appointment to switch, the first available slot at my local branch was March. Even travelling a bit of a distance only got me an appointment for tomorrow. A nice man even gave me a courtesy call to go over everything that I should bring with me and that it would be straightforward...best-laid plans! 

    Next time :)
  • pecunianonolet
    pecunianonolet Posts: 1,780 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    edited 10 February 2023 at 2:31AM
    Looks like the website has changed and offer gone.

    "This information is for customers who asked to switch an account to us from 23 January 2023 to 9 February 2023 as part of the £200 cashback offer."
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