In a welcome pre-Christmas financial boost, Santander has unveiled a pair of new offers that could see customers waking up to an extra £225 in their accounts. The high street bank has now joined the ranks of Lloyds, First Direct, Nationwide, and NatWest in offering a lucrative incentive to attract new current account holders.
How to Claim the £200 Switch Bonus
The primary offer is a £200 cash payment for customers who switch to an eligible Santander current account. This promotion became available from 10 November 2025 and is open to both new and existing customers of the bank.
To qualify for the £200, applicants must successfully complete a full switch using the Current Account Switch Service. Furthermore, they must pay in a minimum of £1,500 into the new account (this can be via one or multiple payments) and set up at least two active household Direct Debits. Typical qualifying Direct Debits include council tax, utility bills, or broadband payments.
An Extra £25 Amazon Voucher and Free Family Day Out
Santander is sweetening the deal with two additional perks. Customers who apply for specific accounts—namely The Santander Edge, Santander Edge Up, Santander Edge Explorer, or Santander Everyday current account—can also receive a £25 Amazon gift voucher.
Even those not switching can claim this voucher by simply opening one of these accounts and completing five debit card transactions by 31st December 2025.
Separately, anyone who opens any Santander savings account or Cash ISA will receive a complimentary 12-month Kids Pass membership, valued at £39.99. This membership is designed to help families save money on days out, a particularly appealing benefit during the expensive festive season.
A Timely Boost for Festive Finances
Anthony Warrington, Head of Current Accounts at Santander UK, commented on the timing of the offers, stating: “Christmas is fast approaching, and we know that this time of year can really stretch people’s finances, with shopping, social plans and rising household costs all adding up.”
“These two new offers are our way of giving a little something back to our customers - whether that’s £200 for switching or saving on a festive day out with the family. It’s all about helping customers make their money go further and enjoy the festive season without the extra worry.”
Prospective applicants are urged to act promptly, as Santander has warned that the offer may be withdrawn at any time without notice. This move intensifies the competition among UK banks to attract and retain customers through direct financial incentives, providing a potential cash lifeline for many households ahead of the New Year.
