Santander is offering customers a £100 incentive without requiring them to switch accounts. Typically, such rewards necessitate customers to move their primary current account, including direct debits and salary deposits, to be eligible for a cash bonus.
In a unique move this week, Santander introduced an offer where customers can receive a £100 Amazon gift card with a simple condition. The key requirement is that customers must use their debit card a minimum of 30 times within a 60-day period.
Money Saving Expert expressed surprise at this latest promotion, highlighting that just last week, Santander had ended a £30 voucher offer for new account openings. Despite this, the bank is actively seeking more customers as evidenced by this new and improved offer.
To avail of the offer, individuals are encouraged to open a new Santander current account through specified links and make 30 debit card transactions within 60 days. The account must be kept open to qualify for claiming a £100 Amazon voucher starting February 12, 2026. Only one voucher is allowed per person, and a credit check will be conducted.
MSE recommended The Everyday account as the top choice for those solely interested in the voucher due to its fee-free structure. Additionally, the Edge account was touted as a great option for managing joint bills and earning cashback on various expenses.
Other account options include Edge Up, offering higher cashback for a small fee, and Edge Explorer, a packaged account with insurance coverage for a monthly fee.
Alastair Douglas, CEO of TotallyMoney, highlighted that Santander’s new offer of a £100 Amazon Gift Card does not require customers to switch accounts or use the Current Account Switch Service. Instead, individuals simply need to make 30 debit card transactions within 60 days, including contactless, physical, and online payments.
It is important to note that the offer is not directly available through Santander but can be accessed via aggregators and comparison websites. The reward can be claimed when opening Everyday, Edge, Edge Up, or Edge Explorer accounts.
While the Everyday account is free, the paid accounts may incur monthly charges up to £17, offering additional benefits such as cashback, insurance, and exclusive savings rates.
Lastly, consumers are advised that loyalty does not always pay off financially, and it is beneficial to explore different bank account options. Several other banks are offering incentives of up to £200 for switching current accounts, providing opportunities for better service, interest-free overdrafts, and improved savings rates.