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This is the last chance for savvy bank switchers to get a £180 bonus for switching their current account. Santander has announced it is ending its switching bonus on Wednesday 30 July at 23:59.
Santander’s bank account switching deal is available to customers who switch through the Current Account Switching Service (Cass) to a Santander Everyday, Edge, or Edge Up account.
The Everyday account is free, while the Edge and Edge Up accounts offer cashback but have a £3 and £5 monthly fee, respectively. They can apply online or in branch and must complete the full switch within 60 days of the initial switch request. To qualify customers must pay in at least £1,500 within 60 days and at least two active direct debits must be set up.
Eligible customers will get the £180 payment within 90 days of starting the switch process if all the criteria have been met. Customers who already had a Santander current account as of 1 January 2025 will not be eligible.
Where else can you still get cash for switching bank?
Rival bank switching offers are also available. Lloyds Bank is offering the biggest bonus of £185 to customers who open a Club Lloyds account.
The account comes with a £5 monthly fee in exchange for a range of perks and must be funded with £1,500 to get the cash. The £5 fee is refunded in all months that a customer pays in at least £2,000. First Direct is paying £175 to new customers who move their current account to its First Account.
Meanwhile Barclays is also paying £175 to new customers who who open a Barclays bank account with Blue Rewards, or a Premier current account by 28 August 2025. Customers opening any other Barclay’s current account apart from a Premier account must sign up for a Blue Rewards account which costs £5 a month.
