Santander has launched an attractive offer for customers switching to their current accounts, providing a £200 cash bonus alongside a £25 Amazon gift card. This promotion is open to both new and existing customers who use the Current Account Switch Service (CASS) to move their banking.
Eligible accounts include Santander Edge, Edge Up, Everyday, and Private accounts. To qualify for the rewards, customers must complete the switch, set up at least two Direct Debits, and deposit a minimum of £1,500 into their account within 60 days of switching.
Applicants must not have previously received a switcher incentive from Santander or held an account with the bank as of January 1, 2025. The £200 cash bonus will be credited to the qualifying account within 30 days of meeting all the requirements.
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Alastair Douglas, CEO of TotallyMoney, commented on the offer: “Santander’s package includes a £25 Amazon gift card plus a £200 cash incentive for switching to one of their current accounts—Everyday, Edge, Edge Up, or Edge Explorer. These accounts also come with additional perks like cashback, breakdown cover, and phone insurance.”
He added, “To secure the £200 bonus, you must transfer a minimum of two Direct Debits and pay in at least £1,500. The Amazon voucher requires five debit card transactions within the first 30 days. Note that while the Everyday account is fee-free, the others have monthly fees ranging from £3 to £17, so it’s important to choose the right option for your needs.”
Douglas also highlighted the ease of switching: “With the Current Account Switch Service, your balance, Direct Debits, and incoming payments transfer automatically within seven working days. Over 50 banks and building societies participate, and more than 12 million accounts have been switched using this service.”
This offer provides an excellent opportunity for people looking to switch their bank account while receiving exclusive rewards and benefits.