£240 for switching your current account to Santander.
Last checked against Santander’s own terms on 13 September 2026
What you have to do
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Complete a full switch using the Current Account Switch Service, which closes your old account.
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Pay in at least £1,500, and put at least £200 into a Santander Regular Saver in your name.
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Have at least 2 active household direct debits (bills such as council tax, energy, water, broadband or phone).
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Do all of it within 60 days.
Who can’t get it
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You can’t already have a current account with Santander.
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You can’t have held one on 1 January 2026.
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You can’t ever have had a switch bonus from Santander.
When it pays
About 3 months after the switch.
How to start the switch
Start it at Santander: their Everyday account application asks whether you want to switch, so answer Yes and give it the old account. Already have a Santander current account? Log in to online banking, open Switch Online and choose Switch To Us.
Read Santander’s own terms →
Questions
How much is the Santander switch offer?
£240 for switching your current account to Santander, as of 13 September 2026.
Do I need direct debits for the Santander switch bonus?
Yes, 2, and they have to be household bills.
How long does the Santander bonus take to arrive?
About 3 months after the switch.
Can I get the Santander bonus if I’ve had one before?
No. Santander only pays people who have never had a switch bonus from Santander.
This is general information, not financial advice. Banks can change or withdraw offers at any time.
Want this worked out for your banks?
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