Overview

• Santander launched its £180 switcher incentive on May 29 for switches completed through the Current Account Switch Service.
• Qualifying customers must not have held a Santander current account on January 1, 2025 and must pay in at least £1,500 with two household direct debits within 60 days of starting the switch.
• The bonus applies to Santander’s Everyday, Edge, Edge Up and Private accounts and will be paid within 90 days of initiating the switch.
• From September 9, 2025, Santander will remove 1% cashback on supermarket and travel spending for Edge and Edge Up customers.
• Nationwide, First Direct, Co-op Bank and TSB have rival offers ranging from £175 to £310 in cash, cashback and vouchers.