Santander has today launched a prize draw for new and existing customers investing in a Santander Stock and Shares ISA using its Investment Hub. One lucky winner will have the chance to win £20,000, the equivalent to the total ISA allowance for one financial year.(1)
To qualify for entry into the prize draw, new and existing Santander customers(2) need to do the following(3):
- Between Monday 20 February 2023 and Friday 26 May 2023, invest at least £1,000 in a lump sum or by regular Direct Debit into a new or existing Santander Stocks and Shares ISA held on the Santander Investment Hub.
- All funds must be invested by the closing date of midnight on Friday 26 May 2023 and remain invested until this date.
- ISA transfers or re-registrations from other providers will not be eligible for the prize draw.
The winning entry will be randomly selected after Monday 26 June 2023 and will be notified by phone or email before 30 June 2023.
Alexia Kilby, Head of Wealth Propositions at Santander UK said: “With the new tax year fast approaching, our prize draw gives one lucky investor the chance to receive their whole ISA allowance in one go. While all other new and existing customers will see the benefits of growing their money with Santander in our award-winning Stocks and Shares ISA(4).
“Whether new to investing or having already grown an investment pot over a number of years, we have a range of products and funds to suit peoples’ experience and appetite. Our customers can also book a free session with one of our financial experts to provide them with information and support on how to reach their financial goals.”
Customers can choose to invest their funds online through the Investment Hub by making their own investment decisions; using our Digital Investment Adviser or; by arranging an appointment with one of our advisers (eligibility criteria apply)(5).
In addition, Santander offers a Savings and Investments Calculator which enables potential investors to see comparative predicted returns on their money for savings or investment options and the relative risks of both.
- Ends –
The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions.
Notes to Editors
- Entry is open to tax residents of United Kingdom who are new or existing, Santander customers, aged 18 years or older, excluding all Santander employees and anyone associated with the draw. The prize is £20,000 (twenty thousand pounds). There are no alternatives to the cash prize and the prize is not transferable.
- Only 1 entry into the prize draw can be made per person. Withdrawal of the qualifying investment or closure of an account in the Investment Hub before the prize draw closing date will disqualify a customer from entry to the prize draw.
- Full terms and conditions and more information about the Santander Investment Hub can be found here: https://www.santander.co.uk/personal/savings-and-investments/investments
- Santander won Best Stocks & Shares ISA Provider the past five years running at the Investment Life & Pensions Moneyfacts Awards, most recently at the 2022 awards announced in September 2022. ILP Award Winners 2022 | moneyfactsgroup.co.uk
- More information about Santander’s Financial Planning Service: Investment Advice | Speak To An Expert | Santander UK
Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 December 2022, the bank had around 19,000 employees and serves around 14 million active customers, via a nationwide branch network, telephone, mobile and online banking. Santander UK is subject to the full supervision of the FCA and the PRA in the UK. Santander UK plc customers’ eligible deposits are protected by the FSCS in the UK.
Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core markets in the Europe, North America and South America regions, and is one of the largest banks in the world by market capitalization. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. At the end of 2022, Banco Santander had €1.3 trillion in total funds, 160 million customers, 9,000 branches and 206,000 employees.