Santander confirms £180 bonus for these customers – under certain age | Personal Finance | Finance
Santander has announced it will give £180 payments to eligible customers.
The deal is available to certain customers aged 73 or under, though additional conditions must also be satisfied.
Customers must switch to the Santander Edge Explorer current account via the Current Account Switch Service (CASS). This free service seamlessly transfers any balance, direct debits and payees to the new account within seven days.
Santander said you will not be eligible for the bonus if you held a Santander current account on January 1, 2025, or if you have previously received a Santander switcher incentive.
The Edge Explorer account does carry a £17 monthly fee. However, it also provides worldwide travel insurance for you and your family, along with round-the-clock remote GP access in the UK for you and your family.
Further benefits include UK and European breakdown cover, mobile phone insurance for you and your family, and no charges for using your debit card overseas.
On top of this, cardholders can earn 1% cashback on selected household bills and 1% cashback at supermarkets and on travel costs, both capped at £10 per month.
Account holders will also gain exclusive access to the Santander Edge saver account, which offers an attractive 6% AER interest rate on balances up to £4,000.
To get your hands on the £180, you’ll need to open a Santander Edge Explorer current account and request a switch before the offer expires.
Ensure that the personal details you provide to Santander match those held at your existing bank.
You must then complete the switch within 60 days of your request, deposit £1,500, and maintain at least two active selected household Direct Debits to qualify for the cash.
To be eligible to open an account, applicants must be aged between 18 and 73 and be a UK resident. For those opening a joint account, both parties must live at the same address.
