5 days ago
Want to bag £180 for switching bank account? You only have days left
This is the last chance for savvy bank switchers to get a £180 bonus for switching their current account.
Santander has announced it is ending its switching bonus on Wednesday 30 July at 23:59. Customers switching their current account to Santander before then can still grab the switching cash.
Santander's bank account switching deal is available to new and existing customers who switch their current account through the Current Account Switching Service (Cass) to a Santander Everyday, Edge, Edge Up or Private current account.
To get Santander's switching cash, customers need to complete a switch request either online or in a Santander branch.
They must complete the full switch within 60 days of the initial switch request.
This means closing their previous account, and paying in at least £1,500 to their eligible Santander account. This can be done across multiple payments.
At least two active direct debits must be set up within 60 days of the switch request. Customers who already had a Santander current account as of 1 January 2025 will not be eligible.
Eligible customers will get the £180 payment within 90 days of starting the switch process if all the switching criteria have been met.
Where else can you still get cash for switching bank?
First Direct is paying £175 to new customers who move their current account to its First Account.
Meanwhile Barclays is also paying £175 to new customers who who open a Barclays bank account with Blue Rewards, or a Premier current account by 28 August 2025.
Customers opening any other Barclay's current account apart from a Premier account must sign up for a Blue Rewards account which costs £5 a month.
Lloyds Bank is offering the biggest cash carrot of £185 to customers who open a Club Lloyds account.
The account comes with a £5 monthly fee in exchange for a range of perks and must be funded with £1,500 to get the cash.
Santander launches 1% cashback for Edge credit card
When Santander launched its £180 switching bonus in May, at the same time it announced it was scrapping its 1 per cent cashback on shopping and travel spending on a debit card for those with its Santander Edge and Edge Up current accounts.
It has now added cashback to its Santander Edge Credit Card, and customers no longer need to open a Santander current account to get the credit card.
The credit card offers 1 per cent cashback on all purchases made with the credit card, capped at £10 a month.
The credit card comes with a £4 monthly fee so customers will pay £48 a year for the privilege.
