Santander current accounts explained

A quick guide to bank accounts

Get £100 cashback when you switch to us using our Account Transfer Service and pay in at least £1,000 a month

A choice of interest rates

If you tend to use your overdraft, we offer a Preferred Overdraft Rate Account. Or, if you have spare money in your bank account at the end of the month, you’ll earn more interest with the Preferred In-Credit Rate Account. Just choose the one that’s right for you. Or if you have a mortgage or investment with us, the Zero Current Account combines unique features with competitive interest rates

You can choose to manage your bank account in over 1300 branches, at a Santander cash machine, online at www.Santander.co.uk, over the phone or by post.

All-round easy access

You can choose to manage your bank account in any of our branches, at any LINK cash machine, online at www.Santander.co.uk, over the phone or by post.

Debit card and chequebook

Your Bank Account comes with a debit card and chequebook. The debit card provides a quick & secure method of purchasing goods & services at home and abroad.

Switch to our Current Account – let us do it for you

Using our free Account Transfer Service to switch your bank account couldn’t be easier. Our dedicated team takes care of everything. They make sure the whole experience is simple and straightforward for you.

We’ll transfer all of your existing standing orders, bill payments and direct debits from your old bank to your new bank account.
We’ll give you an interest-free overdraft for at least four months (depending on your circumstances) to help you through the switcher process.
We will match your existing facilities, such as debit card and overdrafts (up to £5,000), depending on your circumstances.
We promise to keep you informed regularly throughout the transfer process so you know exactly what’s happening.

Switch to our Current Account today and receive:

5.00% AER/ 4.89% gross (fixed) (see note 1) for 12 months on balances up to £2,500,
or
0% EAR on your Arranged Overdraft for the 12 months. (12.9% EAR typical)

Other accounts available:

We also have a range of bank accounts with added value, for a small monthly fee, they give you a wide range of money saving benefits combined with competitive interest rates.

Or if you have your mortgage with us, our new Zero Current Account combines unique features such as no fees when you exceed your overdraft and no fees from us when you use your debit card anywhere in the world, with competitive interest rates.

Our Current Account will also match your previous overdraft (up to £5,000 - depending on your circumstances).

Note 1 AER stands for Annual Equivalent Rate and shows what the interest would be if we paid interest and added it each year. 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

Santander current accounts explained

A quick guide to bank accounts

Get £100 cashback when you switch to us using our Account Transfer Service and pay in at least £1,000 a month

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