Santander is implementing a new age restriction for millions of customers, offering a £180 incentive for those who switch to a specific account. The high-street bank, which operates branches in Birmingham, is providing £180 for customers who move to the Santander Edge account.
Offer Details and Eligibility
The bank stated: "Get £180 when you switch to our Santander Edge Explorer current account." However, the offer is not available to those who held a Santander current account on 1 January 2025 or have previously received a Santander switching incentive. The promotion may end at any time, and terms and conditions apply.
Importantly, applicants must be under 73 years old. Santander explains: "Pay a £17 monthly fee to maintain the account. We’ll take the first fee the month after you open the account and then do this every month until your account is closed."
Account Opening Requirements
To open an account, individuals must be between 18 and 73 years old and permanently reside in the UK (this applies to both parties for joint accounts). For joint accounts, both individuals must live at the same address. Customers can only hold one Santander Edge Explorer current account. The bank warns: "If you have other insurance, you might be paying for more than you need. You won't be able to make the same claim twice."
Once a customer reaches 75 years old, they are no longer eligible for the travel insurance benefit. For joint accounts, each person must use a different email address to access the 24/7 GP service.
How to Secure the Offer
To take advantage of the offer, open a Santander Edge Explorer current account and request a switch before the bank withdraws the promotion. Ensure that the details provided to Santander are correct and match those at your old bank. The switch must be completed within 60 days of the request, with at least two active selected household direct debits and a minimum deposit of £1,500.
