Banks / Santander / Payout time
How long does the Santander switch bonus take to pay?
Santander's published terms pay the switch bonus within 30 days (Eligibility is assessed 60 days after the switch is instructed, then the bonus is paid within 30 days of that decision (so ~90 days from instruction).).
30 days
The bank's own promise
Eligibility is assessed 60 days after the switch is instructed, then the bonus is paid within 30 days of that decision (so ~90 days from instruction). (terms verified June 2026).