Santander UK launches market-leading £240 current account switching offer for new and existing customers

1 Sep, 2026

From today (01 September 2026), new and existing Santander customers can nab themselves £240 when switching to Santander’s Everyday current account using the Current Account Switch Service (CASS).

Customers that switch to a Santander Everyday current account and open a Santander Regular Saver account paying 8% interest in their name can qualify for the offer.

To be eligible to snap up the £240 switcher offer, customers must:

  • Submit a switch request on or after 1 September 2026 and before the switcher offer is withdrawn ,
  • Complete the full switch within 60 days of the initial switch request, including closing their external account,
  • Pay in at least £1,500 to their eligible Santander account within 60 days of the initial switch request, which can be done through one or more payments,
  • Set up at least two active household direct debits within 60 days of the initial switch request,
  • Not have held a Santander current account on 1st January 2026, and
  • Fund a Santander Regular Saver account held in their own name with at least £200 within 60 days of requesting the switch.

Eligible customers will receive their payment within 90 days of starting the switch process.

Gail Russell, Head of Everyday Banking at Santander UK, commented: “As summer draws to a close, we’re offering a £240 boost when new and existing customers switch to our Everyday current account. With no monthly fee and the opportunity to earn 8% interest with our Regular Saver, the offer provides even more value for customers looking to beat the post-holiday blues.”