Santander has confirmed it will provide a £180 cash bonus to eligible customers. The offer is available to individuals aged 73 or under, subject to additional conditions.
Eligibility and Switching Requirements
Customers must switch to the Santander Edge Explorer current account using the Current Account Switch Service (CASS). This free service transfers balances, direct debits, and payees within seven days. To qualify, applicants must not have held a Santander current account on January 1, 2025, or previously received a Santander switcher incentive.
Account Fees and Benefits
The Edge Explorer account carries a £17 monthly fee but includes worldwide travel insurance for the account holder and family, 24/7 remote GP access in the UK, UK and European breakdown cover, mobile phone insurance, and no charges for overseas debit card use.
Cardholders can earn 1% cashback on selected household bills, supermarkets, and travel costs, capped at £10 per month. Additionally, account holders gain access to the Santander Edge saver account with a 6% AER interest rate on balances up to £4,000.
How to Claim the £180 Bonus
To receive the bonus, open a Santander Edge Explorer current account and request a switch before the offer expires. Ensure personal details match those at your existing bank. Complete the switch within 60 days, deposit £1,500, and maintain at least two active selected household direct debits. Applicants must be aged 18 to 73 and UK residents. For joint accounts, both parties must live at the same address.
