The 16-18 Current Account gives you all you need from a current account - great access to your money 24/7, but the best part is that we pay you a competitive interest rate on the money you have in your account.
Competitive interest rate - earn 3.00% AER (variable) interest on balances up to £500, as long as you pay any amount into your bank account each month.
Debit card or cash card - use your Visa debit card for shopping and easy access to your cash or you can have a cash card if you prefer
Monthly statements - see how much money you have, and how much you're spending
Easy access - as well as Online & Mobile Banking, you can manage your account over the phone or at around 1300 Santander branches in the UK
Online Banking: Make the most of your account by using our online Banking service. You can easily check your statements, pay bills, move money and lots more. You will automatically be registered when you apply - read more/see demo.
Mobile banking: If you like to keep up to date with your banking on the go, then our Mobile Banking Service will suit you perfectly - also available as a free iPhone and iPad app from the App Store - read more
Free text message and email alert service - Our alert service offers Online Banking customers the option of setting up Low/high balance and Payment alerts.
No overdraft - so you don't need to worry about spending money you don't have
Once we receive your application, we aim (within 5 working days) to process your application and then send you a letter asking you for some ID and a copy of your application so that you can check the details and sign it. We will send it to the address provided in your application,
Once we receive your ID and signed application form back in the post, we'll open your account within 5 working days.
Once your account is open, we will send you your new card and pin, to the address you provided (they will arrive separately for security reasons).
Other ways to apply
You can apply at your local branch. You can find your nearest branch using our branch finder. Remember, you'll need to bring some proof of your name and address. See a list of acceptable identification.
Note 1 3.00% AER/2.96% gross. To be eligible for this rate you must pay any amount into your account at least once a month and not hold an existing Bank Account with Santander. Interest is paid on balances up to £500, no interest is paid on balances above £500, or on your whole balance if you do not make a payment into your account each month.
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 payable before income tax deduction. Rates may change and we pay interest each month.
