£15 Free Cash
+£15What is Santander?
Santander is one of the UK's biggest high street banks, with over 14 million customers. They offer a range of current accounts, savings accounts, and mortgages.
The Easy Access Saver is a straightforward savings account with no penalties for withdrawals and FSCS protection up to £85,000.
Key Terms
Step by Step Guide
This is Santander's Easy Access Saver, a simple savings account with a £15 TopCashback bonus just for opening it and depositing £1.
Sign up via TopCashback, open the account, deposit £1, and your £15 cashback should be confirmed within about 45 days. The interest rate (2.00% AER) is nothing special, but you're here for the free £15, not the rate.
You might also notice a "Santander Edge Saver" on TopCashback. That one is only for people with a paid Santander Edge current account, which has a monthly fee. We're not recommending it — stick with the Easy Access Saver.
- Click the button below to go via TopCashback
- Click through to Santander and open an Easy Access Saver
- Complete your application (you'll need to verify your identity)
- Transfer £1 into your new Easy Access Saver
- Cashback tracks in TopCashback automatically
- Withdraw from TopCashback once payable
Completed the offer? Please click Mark as complete in the steps above.
Santander Full Review
Completed the offer? Awesome! Here's our full review on why Santander could work well for you going forward.
Santander UK is one of Britain's largest high street banks, serving over 14 million customers. Originally operating as Abbey National, it was acquired by Santander Group in 2004 and rebranded in 2010. They offer current accounts, savings, mortgages, and credit cards through branches across the UK.
Is Santander safe?
Yes, Santander UK is authorised by the Prudential Regulation Authority (PRA) and regulated by both the PRA and the Financial Conduct Authority (FCA). Your deposits are protected up to £120,000 by the Financial Services Compensation Scheme (FSCS).
As one of the UK's largest banks, Santander is subject to stringent regulatory oversight and capital requirements.
Who is Santander for?
Santander suits customers who want a traditional high street bank with an extensive branch network for in-person banking. Their 1|2|3 World cashback rewards can be valuable if you have regular household bills.
The Everyday Current Account is completely free with no monthly fees, making it ideal for those doing bank switches who don't need premium features.
Top 5 Santander Features
1|2|3 Cashback
Earn up to 3% cashback on household bills with their rewards accounts.
Branch Network
Over 400 UK branches for in-person banking when you need it.
Mobile Banking App
A well-rated app for managing accounts, payments, and tracking spending.
Linked Savings Rates
Competitive rates on savings accounts linked to your current account.
Current Account Switch Service
Easy switching with CASS – all your payments, Direct Debits, and salary move automatically within 7 working days.
Pros and Cons
Pros
- ✓Strong branch presence across the UK
- ✓Everyday Current Account is completely free
- ✓1|2|3 cashback on bills can be valuable
- ✓Good mobile app ratings
- ✓FSCS protected up to £120,000
Cons
- ✗Premium accounts have monthly fees
- ✗Cashback has caps and conditions
- ✗£200 bonus takes ~90 days to arrive
- ✗Eligibility restrictions on switching bonuses
Chris's Verdict
Santander is a solid choice if you value branch access alongside digital banking. The £200 switch bonus is generous – one of the best on the market – though the ~90 day wait is longer than some competitors.
Go for the Everyday Current Account (completely free) rather than the paid accounts. The criteria is straightforward: pay in £1,500 and keep 2 household Direct Debits active. No card transactions required, making this an easy one to tick off your list.
Savings accounts: if Santander's rates are competitive, keep your money there. If not, withdraw and move your savings elsewhere — the Easy Access Saver has no penalties for withdrawals.