Banking giant Santander has launched an irresistible offer that could put £100 directly into your pocket. The high street bank is rewarding new customers who switch to their Santander Edge current account with a generous cash bonus, but there's a catch - you'll need to move quickly as this promotion won't last forever.
What's the Santander £100 Offer All About?
The deal is straightforward: open a Santander Edge current account through the official switching service, and the bank will deposit £100 into your new account as a welcome gift. This isn't just another banking promotion - it's a genuine opportunity to get paid for making a smart financial move.
Key Requirements You Need to Know
Before you rush to apply, there are several important conditions you must meet to qualify for the £100 bonus:
- Complete the switch: You must use the Current Account Switch Service to transfer your existing account
- Minimum transfers: Move at least two active direct debits or standing orders to your new account
- Funding requirement: Pay in a minimum of £1,000 within the first 60 days of account opening
- Account maintenance: Keep your Santander Edge account open for at least three months
Why Santander's Edge Account Stands Out
Beyond the £100 welcome bonus, the Santander Edge current account offers ongoing benefits that make it worth considering even after you've pocketed the cash. The account provides cashback on selected household bills and contactless payments, plus access to competitive savings rates.
Act Fast - Limited Time Offer
Like all attractive banking promotions, Santander's £100 switching bonus has an expiration date. The offer is available to customers who complete their switch by October 31st, giving you a narrow window to take advantage of this financial incentive.
Is This the Right Move for You?
While £100 free cash is undoubtedly appealing, it's important to consider whether the Santander Edge account meets your broader banking needs. Evaluate the account's monthly fee, ongoing benefits, and whether the switching process aligns with your financial situation before making the leap.
For those who regularly meet the minimum pay-in requirement and could benefit from the cashback features, this offer represents a rare win-win in the banking world - immediate cash reward plus long-term value.
