Santander £175 switch offer 14th May 2024

danny13579

PT3 said:

I am switching to the Santander Edge from an existing current account which has 2 direct debits already. The wording of the incentive deal suggests I have to 'set up' two direct debits (amongst other things).
I'm doing this through CASS and I know the existing DDs will transfer across, but do the qualify or do I have to set up 2 new ones?
Thanks everyone. 

The terms are that you have at least 2 active direct debits in place on your Santander account when they assess it.

Whether you set them up on the Santander account or they carry over as part of the switch makes no difference.

PT3

Awesome thank you 

Rose_Crow

Thanks Danny!

ClaraSolis

I missed out on the previous deal. I would like to set up an Edge account for the 7% saver. But I'm thinking of opening a joint account for me and my husband as we don't have a joint account yet, and then we'd both have all our main bills in there. 

Can I open a joint account and then switch a single current account into the joint account? I tried asking customer service, but I'm not sure if they really understood my question, hah.

Also don't actually know if I've had a switching bonus before. I know I had a credit card with them and still hold a savings account. So we'll see if I'm eligible. 

steven141

ClaraSolis said:

I missed out on the previous deal. I would like to set up an Edge account for the 7% saver. But I'm thinking of opening a joint account for me and my husband as we don't have a joint account yet, and then we'd both have all our main bills in there. 

Can I open a joint account and then switch a single current account into the joint account? I tried asking customer service, but I'm not sure if they really understood my question, hah.

Also don't actually know if I've had a switching bonus before. I know I had a credit card with them and still hold a savings account. So we'll see if I'm eligible. 

As far as I’m aware it has to be a joint account in the same names switching into another joint account. It may be worthwhile you both opening up your own separate accounts to gain cashback each and then convert one of them to a joint account and close or switch away the other one that is no longer needed.

Lifes_Grand_Plan

Hi folks, my wife and I have a Santander joint account that we've had for years. No switching bonus was paid on that.

Can we now open individual accounts and switch to them to get this bonus? E.g being an existing customer isn't an issue? (Pretty sure not but doubting myself)

Second question, I read you have to go into branch if an existing customer (crazy!). Is there no way we could do it online?

TIA

danny13579

Lifes_Grand_Plan said:

Hi folks, my wife and I have a Santander joint account that we've had for years. No switching bonus was paid on that.

Can we now open individual accounts and switch to them to get this bonus? E.g being an existing customer isn't an issue? (Pretty sure not but doubting myself)

Yes. Just make sure they're either Edge, Edge Up or Private (v2) accounts.

Lifes_Grand_Plan said:

Second question, I read you have to go into branch if an existing customer (crazy!). Is there no way we could do it online?

No, you can do it online if you're an existing customer. You only have to go in branch if switching to an existing account. For example if you already have an Edge account and want to switch into that, then you have to do it in branch, though I believe it can also be done over the phone.

PRAISETHESUN

Lifes_Grand_Plan said:

Hi folks, my wife and I have a Santander joint account that we've had for years. No switching bonus was paid on that.

Can we now open individual accounts and switch to them to get this bonus? E.g being an existing customer isn't an issue? (Pretty sure not but doubting myself)

Second question, I read you have to go into branch if an existing customer (crazy!). Is there no way we could do it online?

TIA

You can switch into new accounts online - just make sure to do so during the account application form. Otherwise you can switch into existing accounts over the phone if you don't fancy a branch visit.

And yes, make sure to do an individual switch each. That way you each get the rewards (ie. 2x £175) instead of just one reward payment for switching into the joint account.

ThePirates

Opened an Edge via QuidCo, got the current account card but no login details yet so can't open the saver.
Going to use the £1500 one month and 2 x DDs the following month trick from danny13579 to beat the fee. 
I'm assuming I can pay straight into the Saver without going through the Current so we'll see! 
QuidCo have let me down though, not even showing as tracking 😥

danny13579

ThePirates said:

Opened an Edge via QuidCo, got the current account card but no login details yet so can't open the saver.
Going to use the 2 x DDs one month and £500 the following month trick from danny13579 to beat the fee. 
I'm assuming I can pay straight into the Saver without going through the Current so we'll see! 
QuidCo have let me down though, not even showing as tracking 😥

Make sure in month 1 you deposit your £1,500 (assuming you're going for the switch bonus) and in month 2 you set up your 2 direct debits.
It won't work if you do it the other way around.

Yes, you can pay straight into the saver and withdraw from it too. It has its own sort code and account number.

I'm not as familiar with Quidco as I am with Top Cashback, but after checking Quidco you need to open a claim within 45 days of opening your account through them.