Santander is rewarding some of its customers with cashback payments of up to £150, provided they meet specific criteria. This week, the high street lender sent emails notifying eligible customers about this limited-time offer.
The email highlights the ease of protecting your loved ones with Santander life insurance, stating, “You’ve got a lot on your plate—work, family, life. But some things are worth taking a moment for. With Santander life insurance, protecting your loved ones is simple. You can get a quote online in just a few minutes.”
Customers who take out a new life insurance policy through Santander will receive £100 cashback. Those who are mortgage holders with Santander, Select customers, or customers who have a Santander Edge current account are eligible for a higher cashback amount of £150.
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Once the policy is arranged, the monthly premiums remain fixed. Santander also notes that 99.8% of Aviva life insurance claims were settled in 2024, underscoring the reliability of the coverage.
The cashback is credited directly to the customer’s account without needing to make a claim. However, it is paid 280 days after the policy start date, provided the policy remains active throughout this period.
Santander advises that the promotion may be withdrawn at any time and that terms and conditions apply. Each customer is entitled to only one cashback payment per policy.
This offer provides a simple way for Santander customers to get rewarded while ensuring financial protection for their families.