Special Offer! £100 cashback and 5% AER (fixed) when you switch to a Premium Current Account (new customers only) using our Account Transfer Service and pay in at least £1,000 into your new account each month.
Exclusive Range of Account Benefits, worth over £900 every year
Benefits include annual worldwide family travel insurance, Health benefits from AXA PPP healthcare, GreenFlag UK breakdown cover, Mobile insurance, identity and key protection, Airport Angel and concierge, plus more, all for a £20 monthly account fee.
High Credit Interest Rate
- Earn 5% AER (fixed for one year) on balances up to £2,500. After one year, this changes to 1% AER (variable).
- You’ll need to pay at least £1,000 every month into your bank account, if you do not the rate will be 0.10% gross/AER.
- We will not pay interest on any amount over £2,500, or on your whole balance if you do not pay in at least £1,000 monthly.
You must be over 18 and living permanently in the UK.
0% EAR typical Overdraft for 4 months and Overdraft matching service
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0% EAR typical overdraft for your first 4 months from your account opening then 12.9% EAR (variable) when you switch your account using our Account Transfer Service.
- We'll match your previous overdraft up to £5,000 (dependant on your circumstances) when you switch your account to us.
- You’ll need to pay at least £1,000 every month into your bank account, if you do not the rate will be 19.9% EAR typical (variable).
Free Switching Service
- It is easy to switch your account when you use our Account Transfer Service.
- Our switcher team will move your existing direct debits and standing orders to your new account and look to match your overdraft limit (depending on your circumstances).
- And they will keep you informed along the way.
24 Hour Servicing
- You can have access to your account 24 hours a day, using internet and phone banking as well as access to over 1,000 Santander branches.
Note £100 will be paid into your new account within 3 months of account opening providing you have at least one active direct debit (paid at least once) set up on the account within 11 weeks and have paid in at least £1,000 each month. If you do not have any direct debits to switch you will not receive £100. £100 is not available when upgrade your existing current account.
Click on the following link to read the full terms and conditions and view Interest rates and fees information. More information
AER stands for Annual Equivalent Rate and shows what the interest would be if we paid interest and added it each year. The gross rate is the rate paid before income tax is taken off. Rates may change and we pay interest each month.
EAR stands for Effective Annual Rate and represents the yearly cost of an overdraft, which takes into account how often we charge interest to the account and does not include any other fees or charges. Overdrafts depend on your circumstances and you must repay any overdraft when we ask in line with our General Terms and Conditions.
Rates correct as at 28 June 2010