New Santander Edge Up current account offers up to £30 a month in cashback on selected monthly bills (up to £15 a month) and essential spending (up to £15 a month)
Customers will also earn 3.5% AER interest on balances up to £25,000
Customers can benefit from fee-free debit card purchases and cash withdrawals abroad and fee-free international bank transfers
Our 1I2I3, Select and existing Private current accounts are no longer on sale to new customers
20 June 2023.
Santander has today launched Edge Up which offers customers the ability to earn over £100 a month with up to £301 in cashback and up to £71.772 in interest. Edge Up has been designed to support customers by bringing together a range of benefits from cashback on essential bills and spending, to interest on their current account balance for a £5 monthly fee. It follows the launch of the Santander Edge current account last autumn.
The new Santander Edge Up current account offers customers:
- 1% cashback (up to £15 a month) on essential debit card spending at supermarkets and on travel
- 1% cashback (up to £15 a month) on selected monthly bills paid by Direct Debit including council tax, water, gas, electricity, phone, mobile, and paid TV subscriptions3
- 3.50% AER /3.45% Gross interest on current account balances of up to £25,000
- Fee-free debit card spending aboard including no Santander charge at overseas ATMs4
- Fee-free international and UK CHAPs payments to any other bank
- In-app money management insights through My Money Manager, helping customers with features such as subscription management and alerting customers when their usual monthly bills are higher than normal
- Edge Up customers will also have access to Santander Boosts, which offers customers cashback, vouchers, discounts, prize draws, and giveaways all tailored to their individual interests
Customers can sign up for the account online, over phone, or in branch. To benefit from the cashback and interest features on the account customers must pay in a minimum of £1,500 a month and set up two direct debits from the account.
Santander has also launched a new online calculator to help customers compare which Santander current account is best for them. The calculator also compares Santander Edge current accounts to 1|2|3 accounts.
