{"id":103420,"date":"2025-02-04T07:30:00","date_gmt":"2025-02-04T07:30:00","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=103420"},"modified":"2025-02-04T01:50:28","modified_gmt":"2025-02-04T01:50:28","slug":"santander-customers-could-earn-625-switching","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/santander-customers-could-earn-625-switching\/","title":{"rendered":"Santander Customers Could Earn \u00a3625 by Switching \u2013 But You Need to Act Now"},"content":{"rendered":"\n

For those looking to switch banks<\/strong>, Santander\u2019s \u00a3625 offer<\/strong> has been one of the most attractive deals on the market. However, time is running out to claim the full amount<\/strong>, as the \u00a3150 switching bonus will no longer be available after February 5 at 11:59 PM<\/strong>.<\/p>\n\n\n\n

Santander launched this promotion in November 2024<\/strong>, offering new and existing customers<\/strong> the chance to earn a \u00a3150 cash bonus<\/strong> when switching to a Santander Edge, Edge Up, Everyday, or Private current account v2<\/strong>. Alongside this, customers can earn up to \u00a3475 in cashback and interest over 12 months<\/strong>, bringing the total potential earnings to \u00a3625<\/strong>.<\/p>\n\n\n\n

But after February 5, the cash bonus disappears<\/strong>, leaving only the cashback and savings perks<\/strong> for new switchers. Santander has already reported high demand<\/strong>, with thousands of customers taking advantage of the deal before it expires.<\/p>\n\n\n\n

How to Get the Full \u00a3625 Before the Deadline<\/strong><\/h2>\n\n\n\n

To qualify for the full \u00a3625 offer<\/strong><\/a>, customers must complete the following steps:<\/p>\n\n\n\n

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  1. Apply to switch a current account to Santander<\/strong> before 11:59 PM on February 5, 2025<\/strong>.<\/li>\n\n\n\n
  2. Use the Current Account Switch Service (CASS)<\/strong> to ensure the switch is completed correctly.<\/li>\n\n\n\n
  3. Deposit at least \u00a31,500<\/strong> into the new account within 60 days.<\/li>\n\n\n\n
  4. Set up at least two active direct debits<\/strong> (excluding Santander, cahoot, or Cater Allen savings accounts).<\/li>\n\n\n\n
  5. Keep the account open<\/strong> until the payment is processed (typically within 90 days).<\/li>\n<\/ol>\n\n\n\n

    Santander confirmed that anyone who submits their switch request before the deadline<\/strong> will still receive the \u00a3150 bonus<\/strong>, even if their switch is completed after the offer ends.<\/p>\n\n\n\n

    A Santander spokesperson stated:
    “Santander has announced that it will be ending its \u00a3150 switcher offer on Wednesday, February 5, 2025, with switch requests accepted until 23:59 on February 5. The bank has seen strong demand in switching requests since the switcher offer was launched on November 4, 2024.”<\/em><\/p>\n\n\n\n

    Breakdown of the \u00a3625 Offer<\/strong><\/h2>\n\n\n\n

    While the \u00a3150 cash bonus<\/strong> is only available until February 5, customers can still earn up to \u00a3475<\/strong> through Santander\u2019s cashback and savings perks. Here\u2019s how:<\/p>\n\n\n\n