To qualify, customers need to complete the switch using the CASS and, within 60 days, set up and maintain two active direct debits, deposit at least £500 a month, and log in to online or mobile banking. The cashback will be paid directly into their qualifying Santander current account within 30 days following this.

Hetal Parmar, head of banking, Santander UK, commented: “With many of us being mindful of the rising cost of household bills, groceries and travel, our Edge Current Account is specifically designed to pay cashback on these essential bills and spend.

“For a limited time, we’re also offering £200 cashback to customers who switch their current account to Santander, putting even more money into people’s pockets.”