Santander 2nd account as donor

sheffieldeagle

Hi

Just wondering if anyone would recommend using Santander to get a second account for use as a donor. Topcashback are offering £25 cashback.

Cheers

PRAISETHESUN

It's usually easiest to open a donor account with a bank you already have an account with. Otherwise, Santander is as good as any other really in my book, assuming you don't mind a hard credit search. Some of the digital banks (Monzo, Starling, etc) are quicker to open if you want/need a donor account in a hurry.

If trying to get a cashback incentive through topcashback or whatever, keep in mind that cashback often takes a long time to pay out and often doesn't track properly - all issues you'll need to wait to be resolved before you can switch your donor account elsewhere.

sheffieldeagle

Cheers for that. Yeh long time Santander customer. I wasn't thinking of using them until I saw the cashback.

Thanks

dealyboy

As a Santander account holder for 35 years I have opened several Everyday Current Accounts and switched them ... no probs.

sheffieldeagle

dealyboy said:

As a Santander account holder for 35 years I have opened several Everyday Current Accounts and switched them ... no probs.

Cheers for the comment. Will give it a go.

phillw

sheffieldeagle said:

Hi

Just wondering if anyone would recommend using Santander to get a second account for use as a donor. Topcashback are offering £25 cashback.

Cheers

When do you want to use it as a donor? I don't think you could switch it immediately....

All transactions will be validated by Santander. There is a 90-day validation period from the application date, after which Santander will confirm the transaction is valid. On meeting the criteria, any valid tracked purchases will be confirmed. Payment will take 4-6 weeks after this time.

Volcane

I’ve been a Santander customer for 17 years and recently opened a second current account for switching purposes.

I applied late at night and by morning it was open. No hard search and no ID checks were made as I was an existing customer.

I then switched away this new account with no issues.

I assume if you did this too often they wouldn’t take too kindly but doing it just the once was quick and easy for me.

Hope this helps.

sheffieldeagle

phillw said:

sheffieldeagle said:

Hi

Just wondering if anyone would recommend using Santander to get a second account for use as a donor. Topcashback are offering £25 cashback.

Cheers

When do you want to use it as a donor? I don't think you could switch it immediately....

All transactions will be validated by Santander. There is a 90-day validation period from the application date, after which Santander will confirm the transaction is valid. On meeting the criteria, any valid tracked purchases will be confirmed. Payment will take 4-6 weeks after this time.

Good point I will keep it for a future switch.

Thanks