Santander Edge Question

jameseonline

Applied for a Santander Edge account early this morning, it seems they've done both soft and hard searches (soft affordability & hard credit) on me, is that normal for them & specifically for that account?.

Tony5896

Ive had a normal Santander account, when I applied for the edge they only a soft search ... 
I don't have an overdraft ..

Did you have an existing account or applied for an overdraft ? 

jameseonline

Tony5896 said:

Ive had a normal Santander account, when I applied for the edge they only a soft search ... 
I don't have an overdraft ..

Did you have an existing account or applied for an overdraft ? 

I do have an existing relationship with Santander but applied for the Edge account through their website.

I didn't upgrade an existing account or anything.

I didn't ask them for anything else other than the account so no overdraft, loan or anything else.

Just woke up to a Credit Karma notification about Santander doing searches.

jameseonline

Just checked my email in the same minute I got an email from Santander saying

Thank you for your recent current account application 

"We've received your application and our underwriters are looking at it now"

I get an email from credit karma about the searches they doing on me

Rah!

jameseonline

Anyone know how long it takes for them to process Edge Current Account applications?

surreysaver

jameseonline said:

Anyone know how long it takes for them to process Edge Current Account applications?

Mine was opened straight away. But I was an existing customer

jameseonline

surreysaver said:

jameseonline said:

Anyone know how long it takes for them to process Edge Current Account applications?

Mine was opened straight away. But I was an existing customer

As am I that's the thing, hopefully it will be open soon 

surreysaver

Did you apply for an overdraft as well? I didn't. Could that be the reason?

jameseonline

surreysaver said:

Did you apply for an overdraft as well? I didn't. Could that be the reason?

I don't remember that being an option, hope not don't need one, just want the Edge Current to get Edge Saver then max that out at 4K using funds from the Santander 5.2% Easy Access that I have.

Think I'll call them tomorrow, they've taken 2 full days so far & no email update or anything showing up on app.

jameseonline

Used the live chat on app, really awkward to send messages, kept timing out or whatever, anyway apparently a lot of people applying & they can't/won't give a timescale but feel free to check in on another day, keep an eye on email.

jameseonline

Guessing it's due to that switch offer (ended now) &/or TopCashback doing the £25 offer? &/or everyone's 5.2 Easy Access rate going down?. 🤔😏🙄😁. 

Hopefully not much longer but who knows