When do i receive my £100 from santander
The Club Lloyds Platinum Account is a packaged account that comes with the perks of the CLub Llyods account plus breakdown cover, mobile phone insurance and travel insurance.
In May, we found some banks failing to support disabled customers. For example, a cashback account can give you money back on your spending each month. Alternatively, a packaged account could potentially save you money on insurance premiums. As always the devil is in the details when considering these cash offers. The cashback will then be paid directly into your qualifying Santander account within 30 days.
Existing customers who have previously opened an account can still benefit from the cashback, if they complete a full switch from an account they hold elsewhere via the Current Account Switching Service. As of July , there were 3. Santander already offers between 1 and 3 per cent cashback on various household bills, whilst its customers can earn 0. Club Lloyds pays 0. It also enables its customers to choose a reward each year from 6 cinema tickets, an annual magazine subscription, 12 digital movie rentals.
But whilst cash incentives and interest rates can be a big draw, it is important to consider the other factors that make switching worthwhile. Customer service, overdraft limits, saving perks and other niche lifestyle benefits are all factors that count for something.
Starling Bank, for example, which made a net gain of 17, switchers between January and March, according to the CASS figures, doesn't offer incentives to switchers, instead relying on the strength of its customer service, its app and the fact its card is free to use abroad. Andrew Hagger said: 'Customers shouldn't switch bank accounts just because of a cash bribe and certainly not without doing a bit of homework first - such as finding out details of any monthly fees, how much an agreed overdraft costs and how much it costs to use a debit card outside the UK for example.
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Existing customers can switch in branch and new customers can choose to switch either in branch or online. As of July , there were 3. We will assess eligibility on day 60 and if the customer has met the eligibility criteria, then payment will be made 30 days of this. The cashback payment will only be made once. Product eligibility applies.
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