Santander has launched a new cash offer, providing certain customers with a £210 boost for completing a simple task. The banking giant has unveiled details of its switching offer, which could leave customers with rival banks significantly better off.
How to Get the £210 Offer
The offer is available to new customers who need to complete a few straightforward steps to receive the money. To get the £180 payment, customers must open an account online or in a branch, then within 60 days switch an existing account, pay in £1,500, and set up two or more direct debits. Once these conditions are met, the £180 should be paid within 60 to 90 days, according to Express reports.
In addition to the cash, there is a £30 Amazon voucher available. However, customers do not need to switch to get this voucher. They simply need to open an account via Money Saving Expert's (MSE) dedicated link and make at least five debit card transactions within 30 days. The voucher must then be claimed via email within 30 days. Customers who have had a Santander voucher in the last year are not eligible.
Money Saving Expert's Insights
Money Saving Expert explained: "Free £210 to switch to top (joint) bills bank account. Santander Edge currently gives newbies switching to it £180 cash, plus - just launched - via our link you now get a £30 Amazon voucher on top." It added: "A strong pick if you want upfront cash and ongoing bills cashback – especially for households."
For a monthly fee of £3, customers can also get 1% cashback on bills paid by direct debit, up to a maximum of £10 per month.
