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Santander Bank Switch - £150 + £24 Cashback

Santander has decided to join the bank switching selection by bringing back another great bank switching offer, although this one pays a lower amount of £150 cash to you.

It’s worth noting that you are not eligible for this offer you have received a switching bonus from Santander September 2021, and you must be switching from a non-Santander group account (Santander, Cahoot, Cater Allen)

You can, however, bag another £20-£24 by going through a cashback site - here’s how:

How it works:

  1. Open a Santander Edge account, which is worth thinking about based on:

    • £3 per month fee for the Santander Edge account but:

    • 1% cashback on energy, water, council tax, TV & mobile bills (up to £10/ month)

    • 1% cashback on supermarket spending, fuel and train spending (up to £10/ month - in addition to above)

    I would recommend opening whichever one you go for via TopCashback or Quidco to bag some extra cash in the process:

    If you already have one of these accounts, you can skip this step and switch into your existing current account!

  2. Within 60 days of opening the above account, switch in an account from a different bank (must have 2+ active direct debits)

  3. Pay in £1,500+ to the account (for safety I would leave this in the account for 24 hours as their terms and conditions are hazy on this point)

What you get:

60-90 days after starting the switch you will receive £150 cash into your current account and you should receive cashback from TopCashback or Quidco in a similar timeframe!

Any questions on this offer, be sure to drop me a message and I will do my best to help

More info:

https://www.santander.co.uk/personal/support/current-accounts/switching