BANK ACCOUNTS, CREDIT CARDS
Santander re-launches switcher deal with Amazon voucher
Santander has re-launched its cash-back deal for customers who switch to its Preferred Current Account, this time offering a £30 Amazon voucher as well.
Customers who switch bank accounts to Santander can receive up to £300 cash-back as well as 5% in-credit interest.
To earn up to £300 in cash-back rewards, customers must use Santander’s dedicated switching service.
This switching service enables customers to have any existing standing orders, bill payments, and direct debits transferred from one of their current bank accounts to Santander.
“Customers tell us they like our best buy Preferred Current Account because of the 5 per cent in-credit interest which could earn £120 a year, made even more attractive by the offer of up to £300 to switch,” said Liz Chang, Santander's Head of Banking.
“On top of that, for a limited period only, they will also get £30 Amazon.co.uk Gift Certificate when they open their account through MoneySupermarket.com. That's up to £450 for switching your current account. A very attractive package, all in all.”
The cash-back and gift voucher offer are available from 1 December until 23 December.
As Christmas approaches, Brits are finding other ways to save money over the festive period. Many are turning to credit card incentives to help them financially.
According to independent financial research company Defaqto, there are a total of 13 credit cards on the market that offer cash-back rewards on spending.
"There are essentially four types of rewards available: air miles; cash back; points schemes and shopping rewards,” said David Black, Defaqto's Insight Analyst for Banking.
The credit cards offering the most cash-back incentive include Capital One’s World MasterCard, which offers 5.0% cash-back on purchases for the first 99 days.
American Express’s Platinum Cash-back credit card also offers high cash-back rewards, with 2.5% cash-back on purchases for the first three months.
Tags: BANK ACCOUNTS, cash-back rewards, CREDIT CARDS, santander, switch current accounts