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"headline": "Santander switching offer 2026: £240 is back",
"description": "Santander has relaunched its £240 switching offer for switch requests from 27 October 2026. See what it requires, who can't claim it and why BeSwitchReady's Direct Debits don't count.",
"datePublished": "2026-09-01",
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"text": "A full CASS switch to a Santander Everyday Current Account, two active household Direct Debits, a £1,500 pay-in and a Regular Saver funded with at least £200, all within 60 days of your switch request."
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"text": "Not if anyone named on the new account held a Santander current account on 1 January 2026, or has received a Santander switching incentive before. You also can't switch from a Santander, cahoot or Cater Allen account."
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Offer review · Back
Santander switching offer 2026: £240 is back
Santander has relaunched its £240 switching offer, for switch requests from 27 October 2026. Here's what it asks for.
Updated 01 November 2026 · 5 min read
The short answer
£240 for a full switch, but it needs two household Direct Debits of your own.
You need a full CASS switch to a Santander Everyday Current Account, two household Direct Debits (council tax, mobile, broadband, gas and so on), a £1,500 pay-in and £200 into a Regular Saver, all within 60 days. BeSwitchReady's Direct Debits don't count towards this one.
Switch requests from 27 Oct 2026Paid about 90 days after you request the switchNo end date, can be withdrawn
Why BeSwitchReady's Direct Debits don't count. Santander only accepts household Direct Debits: council tax, mobile, home phone, broadband, paid-for TV, water, gas or electricity. A membership Direct Debit isn't one of those. Most other banks just ask for "two active Direct Debits", which is why we flag this one separately.
What you need to do
Request a full switch with CASSSwitch to a new or existing Santander Everyday Current Account, on or after 27 October 2026, and close your old account. Complete the switch within 60 days.
Pay in £1,500In one or more payments, within 60 days of your switch request.
Set up two household Direct DebitsOn the Santander account, from the list above. Direct Debits that fund a Santander, cahoot or Cater Allen savings account don't count.
Fund a Regular Saver with £200A new or existing Santander Regular Saver in your own name, within 60 days of the switch request.
Keep everything open until you're paidOn the payment date you still need the Everyday account, the Regular Saver and the two Direct Debits.
Offer details
Detail
Bonus
£240
Direct Debits
2 household
Pay-in
£1,500
Regular Saver
£200
Time to complete
60 days
Santander checks eligibility 60 days after your switch request and pays within 30 days of that, so around 90 days in total. Only one payment per account holder, or per joint account.
Who can't claim it
Anyone named on the new account who held a Santander current account on 1 January 2026
Anyone who has previously received a Santander switching incentive
People switching from a Santander, cahoot or Cater Allen account
Non-UK residents
Santander can also withhold payment if it suspects the offer is being abused, and the offer can't be transferred to anyone else.
Is it worth it?
For
£240 is the second biggest offer on our list
You may already pay household bills by Direct Debit
A Regular Saver can earn interest on the £200
Against
Slow: about 90 days to be paid
Needs a £1,500 pay-in and a £200 Regular Saver
BeSwitchReady's Direct Debits don't help here
If you already have two household Direct Debits you can move, it's worth a look. If you'd have to set them up from scratch just for this, HSBC, First Direct or NatWest are simpler.
What else is live right now
Most of these ask for two active Direct Debits. Lloyds and Barclays ask for three.
Checked 30 October 2026. First Direct's boost ends 2 December and Lloyds closes 9 December. Barclays and Santander have no published end date.
Be ready for the rest
Most offers need Direct Debits you don't have yet
BeSwitchReady's membership Direct Debits work for the "two active Direct Debits" offers at HSBC, First Direct and Nationwide, and NatWest needs none. An optional third is available for offers that ask for three.
Two Direct Debits£0.99 each, £1.98 a month in total.
Optional third£0.99 a month, £2.97 for all three.
Offer alerts firstNew offers, boosts and ending dates, by email.
Cancel any timeThrough your bank, no minimum term.
Yes. Santander relaunched it for switch requests made on or after 27 October 2026. It has no published end date and can be withdrawn at any time. The earlier version ran from 1 September to 7 October 2026.
What does the Santander offer require?
A full CASS switch to a Santander Everyday Current Account, two active household Direct Debits, a £1,500 pay-in and a Regular Saver funded with at least £200, all within 60 days of your switch request.
Do BeSwitchReady's Direct Debits count for Santander?
No. Santander only accepts household Direct Debits such as council tax, water, gas, electricity, mobile, broadband or TV, and a membership Direct Debit isn't in those categories.
When does Santander pay the £240?
Santander checks eligibility 60 days after your switch request and pays within 30 days of that decision, so around 90 days after you request the switch.
Can I claim it if I already bank with Santander?
Not if anyone named on the new account held a Santander current account on 1 January 2026, or has received a Santander switching incentive before. You also can't switch from a Santander, cahoot or Cater Allen account.
Ready for the next offer?
Set up your Direct Debits once and be ready for the offers that accept them.
Always verify current terms at santander.co.uk before applying. Bonus amounts, deadlines and eligibility criteria may change, and Santander can withdraw the offer at any time. Checked against Santander's own pages on 30 October 2026. BeSwitchReady is a paid membership service that sets up Direct Debits and is not affiliated with Santander.