If you haven't had a bonus from Santander since September 2021, then this is an easy way to earn £150 for a quick bank switch.
£150
Summary
Get paid £150 for switching to a selected Santander bank account. Follow the steps below, and be sure to double-check the criteria on the official Santander website.
Step By Step Guide
Step 1:
Check you are eligible
- You can't have had an account switch bonus from Santander since September 2021.
- You can't switch from a Santander, Cater Allen, or Cahoot account.
- Always double-check the criteria on the bank's website before starting.
Step 2:
Open and account and meet the requirements
- Open a new Santander Edge, Edge Up, Everyday or Private (v2) current account online or book an appointment in branch. You can also switch into an existing eligible Santander account if you are an existing customer.
- Submit a switch online or book an appointment in branch.
- Within 60 days of your switch request:
- Complete the full switch using the Current Account Switch Service.
- Pay in at least £1,500 into your eligible account. You can do this over multiple transactions.
- Have two active Direct Debits on your eligible account, which remain active until the bonus is paid.
Step 3:
After 90 days, receive £150
Santander will check you have met eligibility 60 days after your initial switch request. We will pay you within 90 days of your request to switch.
FAQs
What are the downsides of this bank switch offer?
Switching banks frequently can impact your credit score. Each new account comes with a credit check, and frequent switching could make lenders think you’re a bit less stable. It’s worth knowing, just so there are no surprises down the line when you’re applying for credit.
Still have questions?
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