Santander £150 switch offer 04/11/2024

danny13579

moneyworrier2021 said:

Ive put a request in and it gave me the choice of today for the switch, which I thought was odd? 

The choice they give you is the date you want to request the switch to start. It's just poorly worded. It means the 60 days until your eligibility is assessed starts from that date.

moneyworrier2021

It's probably common knowledge but my switch completed today, so I moved £1500 in and straight out of the account. Then went on the online chat to check I'd met the criteria and they said they money needs to be in the account for a minimum of 24 hours for it to register. 

MakeVotesMatter

"We reserve the right to not make the payment if we suspect the switcher offer is being abused".
I wonder what their definition of "being abused" is.

theonenonly

Any idea when this might close? Thinking of setting up 2 direct debits on my dormant account before I make a switch, but that could take 5-7 days.

Edit; just checked, there doesn't have to be existing DD's on the account you're switching from. Just need to set up new DD's on the Santander account

Emily_Joy

theonenonly said:

Any idea when this might close? Thinking of setting up 2 direct debits on my dormant account before I make a switch, but that could take 5-7 days

You could equally set up direct debits on the new account after the switch.

ronbell101

Currently with Chase and have my DD`S in a Santander 123 Lite account
Im thinking of switching away from Chase to Santander to get the £150 Incentive and the 1% bills/Debit Card spending is it worth it ? 

moneytorques

ronbell101 said:

Currently with Chase and have my DD`S in a Santander 123 Lite account
Im thinking of switching away from Chase to Santander to get the £150 Incentive and the 1% bills/Debit Card spending is it worth it ? 

Why don't you open up a Burner second account with Chase to use for the Switching Service transfer?

s71hj

moneytorques said:

ronbell101 said:

Currently with Chase and have my DD`S in a Santander 123 Lite account
Im thinking of switching away from Chase to Santander to get the £150 Incentive and the 1% bills/Debit Card spending is it worth it ? 

Why don't you open up a Burner second account with Chase to use for the Switching Service transfer?

This is what I did. Account showing on my Chase front screen literally instantly 

ronbell101

I have everything in and out of the current chase account except the DD`s on the Lite account which attract 1/2/3% which i would transfer to the Santander Edge account (with the £150 incentive) If I went to Santander it would mean the end of my banking with chase so I don't understand why you recommend a burner account with chase

s71hj

ronbell101 said:

I have everything in and out of the current chase account except the DD`s on the Lite account which attract 1/2/3% which i would transfer to the Santander Edge account (with the £150 incentive) If I went to Santander it would mean the end of my banking with chase so I don't understand why you recommend a burner account with chase

It would be the newly created account you'd switch