Everyday Current Account
Switching bonus from Santander
Deadline: 7 Oct 2026
Bonus
£240
Penny's take
Solid free-account bonus, but the hoops add up. At £240 with no monthly fee, Santander's offer delivers genuine value for switchers who can meet the conditions — particularly those who already run household Direct Debits and can comfortably deposit £1,500.
The biggest catch is the Regular Saver requirement: you must fund a Santander savings account with £200 within 60 days, on top of the Direct Debit and pay-in hurdles. Manageable for organised switchers, but the combined checklist makes this medium-effort compared with simpler one-step bonuses elsewhere.
Requirements at a glance
Deposit requirement
£1,700
Direct Debits
2active
Transactions
-
Monthly fee
£0
Online Banking
Not required
How to qualify
Requirements
- •Open an Everyday Current Account.
- •Request a switch before 7 October 2026 using the Current Account Switch Service (CASS).
- •Complete the switch within 60 days of your request, have at least 2 qualifying household Direct Debits and pay in £1,500.
- •Within 60 days of your switch request, fund a Santander Regular Saver held in your name with at least £200