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Santander Edge £36 for new customers

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  • daveaspy said:
    I've had an Edge Current account for 3 months now, got the 175 switching cash and have maxed out the 7% saver - but I don't have enough going through the current account so only getting about 90p cashback while being charged £3. Is there a straightforward way to get rid of the charge? I've seen mention of downgrading but not sure if this then loses the 7% saver?
    Downgrade to an everyday account and then open a new Edge account without the DDs. IIRC people have done this before and the Edge Saver has been unaffected.
  • daveaspy said:
    I've had an Edge Current account for 3 months now, got the 175 switching cash and have maxed out the 7% saver - but I don't have enough going through the current account so only getting about 90p cashback while being charged £3. Is there a straightforward way to get rid of the charge? I've seen mention of downgrading but not sure if this then loses the 7% saver?
    Downgrade to an everyday account and then open a new Edge account without the DDs. IIRC people have done this before and the Edge Saver has been unaffected.
    thanks, that good to hear. Is that a phone call job? I couldn't see anything in the app to change the status
  • danny13579
    danny13579 Posts: 723 Forumite
    500 Posts Second Anniversary Photogenic Name Dropper
    edited 30 September 2024 at 9:16PM
    daveaspy said:
    daveaspy said:
    I've had an Edge Current account for 3 months now, got the 175 switching cash and have maxed out the 7% saver - but I don't have enough going through the current account so only getting about 90p cashback while being charged £3. Is there a straightforward way to get rid of the charge? I've seen mention of downgrading but not sure if this then loses the 7% saver?
    Downgrade to an everyday account and then open a new Edge account without the DDs. IIRC people have done this before and the Edge Saver has been unaffected.
    thanks, that good to hear. Is that a phone call job? I couldn't see anything in the app to change the status
    You can do it through online banking. I know the old app didn't allow you to do it, don't know about the new one, I suspect not.

    Once you downgrade the Edge current account you will have 60 days to open a new Edge current account. During this time your Edge saver will continue as normal.
  • Just out of curiosity has anyone got there £36 yet
  • piker57
    piker57 Posts: 96 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    Highly unlikely as the terms of the offer state they'll check eligibility 30 days after account opening & pay the £36 approximately 30 days after the check confirms eligibility. So early November is going to be the time for the £36 to be credited for early responders to the promotion 
  • They sure make you wait for just £36. I keep checking but I think im a few weeks off yet
  • Nasqueron
    Nasqueron Posts: 10,761 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    They sure make you wait for just £36. I keep checking but I think im a few weeks off yet
    The offer was 100% clear on when they would pay lol - 60 days basically after account opening assuming you met the criteria

    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.

  • yeah that's cool. 

    my £20 cash back has gone to confirmed with TCB which is nice.
  • Nasqueron
    Nasqueron Posts: 10,761 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 23 October 2024 at 9:53AM
    yeah that's cool. 

    my £20 cash back has gone to confirmed with TCB which is nice.
    I was still waiting last time I checked, hoping they confirm it as it was a faff given my name got mixed up somewhere, had a £2 bonus from TCB on top too!

    ETA - nice, mine confirmed too

    Lot quicker than QuidCo, got a suggestion of April 2025 for a purchase in April 2024 using the MSE sign-on bonus!

    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.

  • £36 went in to my account today.
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