Santander - Get paid £240 to switch your account
- Time needed
- 15 minutes
- Deposit
- £1,500
Santander UK plc is a British bank, wholly owned by the Spanish Santander Group. Right now if you switch to a Santander Everyday current account you will get a £240 bonus.
How to claim your £240
- 1
Sign up here - open a Santander Everyday current account.
- 2
Request a switch before 7 October 2026 using the Current Account Switch Service. Set up 2 or more Household Direct Debits , and deposit at least £1,500. * Household direct debits are valid for Council Tax, Energy bills, Water bills, broadband, phone contracts - if you want a quick Direct Debit, it could be worth setting up a 30 day rolling sim plan through Top Cashback.
- 3
Within 60 days of your switch request, fund a Santander Regular Saver held in your name with at least £200. You can open a new Santander Regular Saver or fund an existing Santander Regular Saver, if you already have one.
- 4
The £240 bonus will be paid after the switch begins. This offer only available if you didn’t hold a Santander current account on 1 January 2026, or if you haven’t previously received a Santander switcher incentive.
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Santander FAQs
What is the Santander bank switch offer?
Santander regularly offers incentives for new customers who switch their current account to an eligible Santander account. The exact reward, eligibility requirements and offer end date can vary, so check the current terms before switching.
How do I switch my bank account to Santander?
You can switch to Santander using the Current Account Switch Service (CASS) if your existing bank account and the Santander account you're switching to are eligible. The process involves opening an eligible Santander current account and requesting a full switch.
How long does a Santander bank switch take?
A switch through the Current Account Switch Service normally takes seven working days, provided the switch is eligible and there are no issues with the application.
Will Santander switch my Direct Debits and standing orders?
Yes. Under the Current Account Switch Service, eligible regular payments such as Direct Debits and standing orders are transferred to your new Santander account as part of a full switch.
Can I keep my old bank account after switching to Santander?
A full Current Account Switch normally closes the old current account. If you want to keep your existing account open, you may need to arrange a different type of switch or transfer instead, but this may mean you don't qualify for a Santander switching incentive.
How can I contact Santander?
You can contact Santander through its official customer service channels, including by phone, online banking and other available support options. Contact details can vary depending on the type of account or query.
Similar 'Bank Switching' offers:
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- Co-op - Get paid up to £300 to switch your account15 minutes
- Nationwide - Earn £175 when you switch banks15 minutes
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