Santander launches 拢180 current account switching offer for new and existing customers

From today (29 May 2025), new and existing Santander customers can nab themselves 拢1801 when switching to eligible current accounts, including the bank鈥檚 fee free Everyday Current Account.

Customers using the Current Account Switch Service (CASS)虏 to switch to a Santander Everyday, Edge, Edge Up, or Private (v2) current account can qualify for the new 拢180 switcher offer3.

To be eligible to snap up this offer, customers must:听
鈥⑻齋ubmit a switch request either online or in branch from 29 May 2025 and before the switcher offer is withdrawn,听
鈥⑻鼵omplete the full switch within 60 days of the initial switch request, including closing their external account,
鈥⑻齈ay in at least 拢1,500 to their eligible Santander account within 60 days of the initial switch request, which can be done through multiple payments,听
鈥⑻齋et up at least two active household Direct Debits within 60 days of the initial switch request, and听
鈥⑻齆ot have held a Santander current account on 1st January 2025.

Eligible customers4 will receive their 拢180 payment within 90 days of starting the switch process5. 听

Anthony Warrington, Head of Banking at Santander UK, said: 鈥淪ummer is fast approaching, and many people will be saving up for the holidays - whether it be for that trip abroad, festival, or day out with the family. That鈥檚 why we鈥檙e pleased to be introducing our new 拢180 switcher incentive, providing even more value for customers making the move to Santander. It鈥檚 a simple, straightforward way to get rewarded for switching, while benefitting from our range of popular current accounts 鈥 making your money go that little bit further this summer.鈥

From 9 September 2025, Santander鈥檚 Edge and Edge Up account will no longer offer customers 1% cashback at supermarkets and on travel costs when using their debit card. Customers will continue to receive 1% cashback on selected household bills, up to 拢10 for Edge and 拢15 per month for Edge Up, alongside fee free transactions abroad.

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The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions

Notes to Editors: 听
1.听听听听罢丑别 拢180 switching offer is for a limited time and can be withdrawn at any time.
2.听听听听Existing Santander Edge current account, Edge Up current account, Everyday Current Account and Private current account (v2) customers, can also use the Current Account Switch Service (CASS) to transfer their balances and direct debits from bank accounts with other providers into their existing Santander current account to benefit from the offer.听
3.听听听听The Current Account Switch Service (CASS) makes switching simple, by transferring the existing current account balance, and all direct debits, standing orders and salary commitments, within seven days.
4.听听听听Customers must be a UK resident switching from an external provider (not including Santander, cahoot or Cater Allen) to qualify for the offer. Customers won鈥檛 qualify if anyone named on the new account held a Santander current account on 1 January 2025 or has received a switch incentive from Santander before.
5.听听听听Santander assesses whether a customer has achieved eligibility for the offer 60 days after the switch through CASS has been requested. If eligible, the 拢180 payment is then made within 30 days after that assessment. 听

Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 December 2024, the bank had around 18,000 employees and serves around 14 million active customers, including 7 million digital customers via a nationwide branch network, telephone, mobile and online banking. Santander UK is subject to the full supervision of the FCA and the PRA in the UK. Santander UK plc customers鈥 eligible deposits are protected by the FSCS in the UK.

Banco Santander (SAN SM) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group鈥檚 activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank鈥檚 purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising 鈧220 billion in green financing between 2019 and 2030. In the first quarter of 2025, Banco Santander had 鈧1.4 trillion in total funds, 175 million customers, 7,900 branches and 207,000 employees.