Santander
£240 Free Cash
Everyday Current Account£260profit
41mins to complete
Offer overviewChris · Your personal guide
You get:
£260 in total, from two separate places.
£240 free cash from Santander, about 90 days after you request the switch
£20 cashback from TopCashback, which tracks separately and pays on its own timetable
To qualify:
Switch a current account from another bank using CASS. Within 60 days of requesting the switch:
Pay in £1,500 in total, which can be the same money cycled through
Have 2 active household Direct Debits on the Santander account, chosen from Santander's own published list
Fund a Santander Regular Saver (8% interest) in your name with £200
The account you switch from does not need any Direct Debits of its own. Santander only looks at what is on your Santander account when it checks, so you can move two household bills across after the switch completes. That makes a spare, empty account a perfectly good one to switch.
Key terms
+£260
Credit checkHard check
Direct debits2
Household bills only
Pay-in£1,500
Multiple transfers allowed
Regular SaverFund with £200
Free cash£240
Free cash arrives60 to 90 days after you switch
Direct Debits must be household billsCouncil tax, mobile, broadband, water, gas or electricity, and the company must be named on Santander's own list. Payments through Stripe, PayPal, Adyen or Worldpay may not count.
Eligibility
- Qualifies:New Santander current account customers only
- Does not qualify:Held a Santander current account on 1 January 2026
- Does not qualify:Had a Santander switch payment before
Last checked: 9 Sept 2026Full terms(opens in a new tab)
Step by Step Guide
Start here
Apply for the Santander Everyday Current Account
10 mins
- 1Click the button below to open TopCashback through the referral link
- 2Search TopCashback for the Santander Everyday Current Account, then click through to Santander from there
- 3Apply for the Everyday Current Account, which is free to run with no monthly fee
- 4Start a full switch with the Current Account Switch Service during the application, and choose the account you are switching from
Up next · 6 steps
Complete the switch
Switch takes 9 days2 mins
- 1CASS moves your balance, Direct Debits and standing orders across, then closes your old account
- 2Nothing to do here, the switch service handles it
Move 2 household Direct Debits to Santander
15 mins
- 1The account you switched from did not need any Direct Debits. Santander only checks what is on your Santander account, so this is the step where you set them up
- 2Once the switch is complete, move 2 household bills across to your Santander account by telling each provider to take payment from the new account
- 3Pick two of your smaller bills to keep less money parked in the account. Water and mobile are usually lighter than council tax or energy, and all four are eligible
- 4Check each company is named on Santander's household Direct Debit list before you rely on it
- 5Do this as soon as the switch completes rather than leaving it late. Both need to be active when Santander checks on day 60, and a change of paying account can take a billing cycle to take effect
Complete within 60 days of requesting the switch
Keep 2 household Direct Debits active
- Both Direct Debits must still be active on the day Santander pays out, not only on the day you meet the criteria
Pay in £1,500
5 mins
- 1Pay £1,500 into your Santander account, in one payment or several
£1,500 is the total you pay in, not a balance you have to keep. Money going back out again, your Direct Debits included, does not count against it. Don't have it all up front? Pay in £500 from another bank, leave it 24 hours, then move it back out and repeat. 3 rounds of the same £500 counts as the full £1,500.
- 2Leave enough behind to cover your two Direct Debits. If one bounces because you moved the money out, it may not count as active when Santander checks
The £200 you put in the Regular Saver goes through this account on its way, so it counts towards the £1,500 too.
Complete within 60 days of requesting the switch
Fund a Santander Regular Saver with £200
5 mins
- 1Open a Santander Regular Saver in your name, or use one you already hold
- 2Move £200 into it from your Santander current account
This is a condition of the switch payment rather than a separate reward. The £200 is your own money and stays yours, and it earns interest while it sits there. Add up the whole offer and you need around £700 of your own money to make it work: £200 of it tied up for about three months, enough left in the current account to cover two bills, and £500 cycled back and forth to reach the £1,500.
- 3Keep the Regular Saver open until Santander pays, because the terms require you to still hold it on the payment date
- 4If you want to keep saving, the Regular Saver takes up to £200 a month from your Santander current account, and each month you pay in also counts towards the £1,500
Complete within 60 days of requesting the switch
Keep your Regular Saver and current account open
- Santander requires you to still hold both the Regular Saver and the Everyday Current Account on the day it pays your free cash
Receive £240 free cash
Within 1 month2 mins
- 1Santander checks your account 60 days after you request the switch, then pays within 30 days of that decision
- 2The £240 free cash lands in your Santander account, so roughly 90 days after you started
A joint account gets one payment of £240 between you, not one each.
Receive £20 cashback from TopCashback
Within 4 months2 mins
- 1TopCashback validates the account 90 days after you applied, then pays 4 to 6 weeks after that
- 2Withdraw the £20 from TopCashback once it shows as payable
7 steps to £260
Quick review
Santander
Wondering whether Santander is worth it beyond the bonus? Here is our honest take.
Two live offers with Santander on Quidsy right now: a £240 switch bonus for moving your current account across, and a Stocks and Shares ISA worth a look if you're after a familiar high street name for investing. The switch is a standard CASS move, but it asks more of you than most: £1,500 paid in, 2 household Direct Debits from Santander's own published list, and £200 into a Santander Regular Saver.
CategoryBank Switching
Last updated
Chris' verdictYour personal guide, QuidsySantander is worth it if you want a proper high street bank with a real branch network, a solid app, and access to a regular switch bonus. It's not the most exciting bank in the UK, but for most people that's a feature, not a bug.
For switchers, my advice is simple: go for the Everyday Current Account, not Edge or Edge Up. It's completely free, and the £240 switch bonus is one of the best on the market. The criteria take a bit more work than most: pay in £1,500, keep 2 household Direct Debits active, and put £200 into a Santander Regular Saver. No card transactions required, no monthly fee to claw back.
Two catches. The Direct Debits have to be to companies on Santander's own published household list, which is stricter than almost every other switch offer, so check yours against it before you count on them. And the £240 typically takes around 90 days to arrive, which is longer than some competitors pay out. Build both into your plan and it's a tidy bit of free money.
On the savings side: if Santander's rate is competitive when you look, keep your money there. If not, the Easy Access Saver has no withdrawal penalties, so move it. Don't get loyal with savings, chase the rate.
Santander UK plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register number 106054. Eligible deposits are protected up to £120,000 by the Financial Services Compensation Scheme (FSCS).