Overview
- New life insurance customers get £100 cashback, rising to £150 for Santander mortgage, Private Banking, Select and Edge current account holders.
- Insurance cashback is credited automatically 280 days after the policy starts provided it has not been cancelled, with only the first-named holder paid on joint policies.
- Policies start from £5 a month with options spanning family cover, over-50s plans and critical illness protection.
- A £200 switching reward is available via CASS, paid within 90 days of the request if the switch completes within 60 days, at least £1,500 is deposited and two household Direct Debits remain active.
- Customers who held a Santander current account on 1 January 2025 or previously claimed a switching incentive are excluded, and Santander warns the promotions can be withdrawn at any time.