Banking

Santander says it’ll pay free £185 into thousands of bank accounts


Santander has announced a new £185 switching offer for customers to take advantage of. New customers can switch online through the Santander website, over phone, or in branch. Existing Santander UK customers must visit a branch to take advantage of this offer.

Andrea Melville, Director of Current Accounts, Savings and Business Banking, Santander said: “With finances often stretched these days, we know customers want a current account that not only suits their everyday banking needs, but that also delivers additional ongoing value. Our new switching offer not only provides a quick boost to customers’ finances, but forms part of the wider value package we provide through our Edge accounts.”




Customers who have previously benefited from a Santander switcher incentive are not eligible for this latest offer, though. Santander has a variety of current accounts eligible for this switcher offer designed to maximise value for customers, it says.

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It includes the Santander Edge Current Account which offers customers up to £20 a month from cashback on essential bills and spending, a linked 7.00% AER easy access saver, and fee-free spending abroad using the Santander Edge debit card, for a £3 monthly fee.

It also includes Santander’s Edge Up Current Account offers customers up to £30 a month from cashback on essential bills and spending, 3.5% AER in credit interest (up to £25,000) on their current account balance, and fee-free spending abroad, for a £5 monthly fee.

It also includes the Santander Everyday Current Account offers customers a simple and straightforward current account with no monthly fee. Everyday customers benefit from online and mobile banking to easily manager their account, as well as free cash withdrawals from any Santander cash machine when abroad.

And it includes the Santander Private Current Account (v2) offers customers up to £1,500 in daily withdrawals from cash machines, access to 10,000 branches across 11 countries, and 3.5% AER interest on balances up to £25,000, for a £5 monthly fee.



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