Santander switch incentive

goatfaced

I don't know, I moved 2 of our id mobile contracts over instead. They are £7 contracts so I only lose out on the 7p a month 123 lite cash back. Neither have been taken yet but the new details are showing in my idmobile app.

mr_accountant

Ive received the £180 into my santander account despite not being eligible as I received £130 in November 2021 😁

The payment was made just a couple of days after the 60 days check from the switch date request

slinger2

My £180 popped into my Edge account today. I've already opened and funded the Edge Saver paying 6% AER (for a year) and the Monthly Saver paying 5%. On the down side I'm paying the £3 monthly fee, although that's currently matched by £3 cashback on my direct debits.

Nasqueron

slinger2 said:

My £180 popped into my Edge account today. I've already opened and funded the Edge Saver paying 6% AER (for a year) and the Monthly Saver paying 5%. On the down side I'm paying the £3 monthly fee, although that's currently matched by £3 cashback on my direct debits.

You can downgrade it after the switch bonus, plenty of people did that at the last switch (assuming terms don't say you must keep the premium one for X number of months which you should check yourself)

PRAISETHESUN

mr_accountant said:

Ive received the £180 into my santander account despite not being eligible as I received £130 in November 2021 😁

The payment was made just a couple of days after the 60 days check from the switch date request

This is exactly my experience as well. Had previously held a current account which was paid an incentive in 2021. I closed it down a few years later. I opened a new one primarily for the Edge saver and took a chance on the switch incentive.

Opened new account at the start of July, paid in £4000 into my current account, transferred immediately to Edge saver. First day of the next month (based on account opening date) I moved my energy and water bill DDs to Santander, transferring cash from the Edge saver to cover them, which paid out later that month. The 60 day qualifying period was yesterday, and I've received my switch incentive today. Going to cancel my DDs and should hopefully never have to worry about the fee being charged 🙂

Theleak250

Not received my bonus thus far, getting close to 60 days since switch.

danny13579

Theleak250 said:

Not received my bonus thus far, getting close to 60 days since switch.

It's 60 days from the date you requested the switch to assess your account, then another up to 30 days to pay the bonus, though it's usually pretty soon after the 60 days.