📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Santander Switch offer.

Options
I already have a Santander account so I was wondering if I was still eligible for the switching bonus. As far as I can remember, I’ve not had a switching bonus from them before.
«1

Comments

  • Bridlington1
    Bridlington1 Posts: 3,755 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    I already have a Santander account so I was wondering if I was still eligible for the switching bonus. As far as I can remember, I’ve not had a switching bonus from them before.
    If you've not had a Santander switching bonus before then you'd be eligible.
  • danco
    danco Posts: 316 Forumite
    Third Anniversary 100 Posts Name Dropper
    If you want to switch into your existing account (assuming it is eligible - not all accounts are) they say you will have to go into a branch. But you can also apply for a new account online and they allow that - depends on your circumstances, of course.
  • Nasqueron
    Nasqueron Posts: 10,723 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I had a Santander current account back when they had the 1-2-3 with 3% interest and closed it around 2017 time, I did not get any incentive for that one that I recall. I successfully got a bonus for switching in 2022 time

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • Tomken
    Tomken Posts: 7 Forumite
    Seventh Anniversary Combo Breaker First Post
    Going into branch is no good, you have to arrange an appointment. My available appointment is 9th April, offer could be closed by then. Easier to switch from Santander.
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,885 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    You can also initiate a switch into an existing Santander account over the phone.
  • NoodleDoodleMan
    NoodleDoodleMan Posts: 4,265 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    edited 27 March 2024 at 8:07PM
    Switching online is straightforward, especially if you are an existing Santander customer.
    There are hoops to jump through to satisy the criteria for the £185 reward - but nothing unworkable as long as you have sufficient funds to meet the required £1500 deposit - and that can be paid in and taken out with minimal delay within the 60 day timeframe.
    You have these 60 days to get the minimum two active Direct Debits in place if you don't already have such on the current account you are switching from.
    If you have a debit card on that "sacrifical" account it can all be completed online - otherwise it needs a 'phone call to Santander's Switcher Team to action this.
    Santander UK debit cards are the best deal IMO for holidaymakers going to Spain or the Canaries where there is access to a Banco Santander branch for ATM withdrawals - happy to explain in more detail.
  • Hi there,,,
    Is it me , or what,,,, but I was told on a phone call toSantander to get an in branch appointment regarding switching from my Edge Acc to the better ( in my case) Edge Up acc
    Their rep catorgorically told me this £185 ,, was not for in house switching Only from external Bank current accounts….Should I just take her word 4 it,,,,, and crack on with opening new Edge up,,, & forgetting about the prized 185…..
    Thanks people..🍻
  • Ed-1
    Ed-1 Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Mossylad said:
    Hi there,,,
    Is it me , or what,,,, but I was told on a phone call toSantander to get an in branch appointment regarding switching from my Edge Acc to the better ( in my case) Edge Up acc
    Their rep catorgorically told me this £185 ,, was not for in house switching Only from external Bank current accounts….Should I just take her word 4 it,,,,, and crack on with opening new Edge up,,, & forgetting about the prized 185…..
    Thanks people..🍻
    After converting your account type, you need to complete a current account switch from a current account held with another bank into your Santander current account to qualify for the switch offer, as well.as pay in £1.5k etc.
  • Zanderman
    Zanderman Posts: 4,880 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Mossylad said:
    Hi there,,,
    Is it me , or what,,,, but I was told on a phone call toSantander to get an in branch appointment regarding switching from my Edge Acc to the better ( in my case) Edge Up acc
    Their rep catorgorically told me this £185 ,, was not for in house switching Only from external Bank current accounts….Should I just take her word 4 it,,,,, and crack on with opening new Edge up,,, & forgetting about the prized 185…..
    Thanks people..🍻
    All switch offers are for switching from another bank. That's the whole point - the bank gets another bank's customer and rewards that customer.

    Switching internally isn't switching, it's just re-branding the account name.  And that won't be rewarded.
  • danco
    danco Posts: 316 Forumite
    Third Anniversary 100 Posts Name Dropper
    You could get a new account and switch to it, which can be done online. And later use whatever method is best for combining the two accounts into one
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.