Will I get Santander cashback in August?

B0bbyEwing

Got the notification my 123 Lite account changes on 21st August. Looking to see when is best to get my direct debits moved out of Santander & have it shut down.

All my Santander direct debits come out before the 21st of the month ... but the cashback itself is paid on 26th of the month.

So to me it sounds like I'll qualify for all the cashback but as it closes 5mins before then I wont get it paid out in August ... meaning from 26th July I should get my direct debits moved out of there.

Is that how everyone else understands it too or is it once you get your qualifying DDs you'll get that money paid out?

GeoffTF

If you read the relevant thread, I believe you will find that the cashback will be paid if you allow the conversion to an Everyday account.

https://forums.moneysavingexpert.com/discussion/6608329/santander-123-lite-conversion-to-everyday-account-from-21-august-2025/p1