Santander switch deal: March to April 2024

Find out about Santander's switching offer, cashback, plus savings interest on top.

Santander switch deal update

Santander’s £185 switching offer has now ended. The information below is for reference only. For switching deals available now, make sure to check out our switching deals guide.

A new £185 switching bonus from Santander launched on 18 March 2024. It’s available on the Everyday Current Account, Santander Edge Current Account and Santander Edge Up Current Account, and there are lots of opportunities to earn a little extra. For a full list of switching deals on the market, you can visit our switching deals guide.

How much can I get with Santander’s switch deal?

You get £185 in switching bonus cash when you transfer to a Santander current account. If you opt for its Edge account, which has a fee, once you switch, you get access to the Edge Saver at 7% AER for the first 12 months on balances up to £4,000. If you deposit the maximum amount, you’ll have £280 in interest after a year.

If you choose the Santander Edge account, you can also earn 1% cashback, up to £10 a month, on selected household bills, plus up to £10 a month cashback at supermarkets and on travel costs. Combined, that’s a maximum of £240 in cashback over a year. However, the Edge account has a £3 monthly fee, but we’ve accounted for that £36 a year in our figures.

“That’s £669 in your first year, including switching bonus, maximum savings interest and monthly cashback.”

Who can get the deal?

Only new Santander customers can get it. You can hold a maximum of 2 Santander Edge Up or Santander Edge accounts, one in your own name and one in joint names.

How can I get the deal?

To get the £185 cash, you’ll have to complete a full switch to an Everyday Current Account, Santander Edge Current Account or Santander Edge Up Current Account using the Current Account Switch Service.

You’ll also need to set up 2 active direct debits and pay in £1,500 within 60 days.

The exclusions

  • You won’t be eligible to earn £185 if you or anyone named on the account has previously received a switcher incentive on one of the accounts included in the offer.
  • Or if you switch from an account you hold with Santander, cahoot or Cater Allen.
  • The direct debits you set up cannot include direct debits set up to fund a savings account you have with Santander, cahoot or Cater Allen.

When the offer ends

There’s no end date listed on the Santander site, but it may be withdrawn at any time.

Compare current accounts from Santander

1 - 3 of 3
Name Product Finder score Account fees Funding requirement Interest (AER) Arranged overdraft Incentive Representative example Link
OFFER
Everyday Current Account
4.1
★★★★★
£0
No minimum funding requirement
0% AER
39.94% EAR variable
tag iconA simple and straightforward current account, with no monthly fee.
Current account switch service guarantee badge
Limited Offer: Get a free 4-year Santander Railcard worth £100 when you open an Everyday Current Account . You must be aged 20 to 25 on 30/06/2024, not already have a Santander current account and pay at least £500 into your account by 14/05/2024. T&Cs apply.
Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 39.94% EAR variable.
Go to site
View details
CASHBACK
Edge Current Account
Not yet rated
£3 per month
Min. £500 Per Month (Minimum two direct debit mandates on account per month)
0% AER
39.94% EAR variable
tag iconEarn cashback every month on selected household bills and essential spend.
Current account switch service guarantee badge
Limited Offer: Get a free 4-year Santander Railcard worth £100 when you open an Edge current account . You must be aged 20 to 25 on 30/06/2024, not already have a Santander current account and pay at least £500 into your account by 14/05/2024. T&Cs apply.
Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 39.94% EAR variable. Account fee of £3 per month.
Go to site
View details
CASHBACK
Santander Edge Up Current
Not yet rated
£5 per month
Min. £1500 Per Month (Minimum two direct debit mandates on account per month)
3.51% AER
39.94% EAR variable
tag iconEarn cashback every month on selected household bills and essential spend plus interest on your balance.
Current account switch service guarantee badge
Limited Offer: Get a free 4-year Santander Railcard worth £100 when you open an Edge Up current account . You must be aged 20 to 25 on 30/06/2024, not already have a Santander current account and pay at least £500 into your account by 14/05/2024. T&Cs apply.
Representative example: If you use an arranged overdraft of £1,200, you'll be charged interest at 39.94% EAR variable. Account fee of £5 per month.
Go to site
View details
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Banking scores

★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor

Finder scores, in blue, are based on our expert analysis. We also show reviews from users, where we've received more than 10, with a score in yellow. We gather more reviews from customers every year in Finder's customer satisfaction survey.

To find out more, read our full methodology.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Moneyfacts.

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