07 Dec

Does Santander Bank do cashback?

Written By Dom Mia
December 07, 2023

Posted at 18:59h in Cashback, Home Blog 3 by Dom Mia

Santander Bank offers a cashback program for its customers, providing an opportunity to earn rewards for their everyday transactions. By leveraging this program, customers can enjoy cashback offers, rewards, and other financial benefits. Let’s explore the cashback options available at Santander Bank and how you can take advantage of them.

Key Takeaways:

Santander Bank offers a cashback program for its customers, providing an opportunity to earn rewards.
Cashback rewards are based on Direct Debit payments made to eligible suppliers.
The cashback amount may vary depending on the categorization of services and identification numbers used.
Switching to Santander current accounts can unlock additional cashback offers.
Specific accounts like Santander Edge and 1|2|3 Current Account offer cashback benefits on essential bills and debit card spending.

How to qualify for Santander Boosts

To take advantage of Santander Boosts and unlock cashback rewards, follow these simple steps:

Ensure you have a debit and/or credit card with Santander.
Sign up for Online and Mobile Banking.
Make sure you are at least 18 years old.
Please note that Boosts is not available for cahoot, business banking, corporate banking, or cash cards.
Download the Santander Mobile Banking app or access online banking.
Register for Boosts using your Santander card details for security purposes and to confirm your identity.

It’s important to remember that joint account holders and additional account holders can also qualify for Boosts as long as they meet the eligibility criteria. By following these steps, you’ll be on your way to enjoying the benefits of Santander Boosts and unlocking cashback rewards on your purchases.

Boosts

Boosts is a feature available to Santander customers that allows them to earn cashback on their everyday spending. By linking your Santander debit and/or credit card to Boosts, you can enjoy personalized offers and rewards tailored to your interests. From cashback at your favorite retailers to exclusive discounts and vouchers, Boosts brings added value to your banking experience.

Boosts offers customers the opportunity to earn cashback rewards on their purchases, making their money go further. Whether it’s shopping, dining out, or indulging in your favorite hobbies, Santander Boosts enhances your everyday life with additional savings and rewards.

So if you’re looking for a way to make the most of your spending, don’t miss out on the benefits of Santander Boosts. Sign up today and start earning cashback on your purchases.

When it comes to cashback rewards, the Santander Edge current account offers a range of benefits to its account holders. With this account, customers can enjoy cashback on essential bills and debit card spending, making it a great choice for those looking to maximize their savings.

One of the key features of the Santander Edge current account is the opportunity to earn 1% cashback on essential grocery shopping, transport-based debit card spending, and household bills paid via Direct Debit. This means that every time you use your Santander Edge debit card for these eligible expenses, you can earn cashback on your purchases.

Additionally, the Santander Edge current account provides access to the Santander Edge saver. This feature offers a competitive interest rate on balances up to £4,000, allowing you to earn even more on your savings. By combining the cashback benefits with the interest-earning potential of the Edge saver, you can make the most of your money and see it grow over time.

Key benefits of the Santander Edge current account:

Earn 1% cashback on essential grocery shopping, transport-based debit card spending, and household bills paid via Direct Debit.
Access to the Santander Edge saver with a competitive interest rate on balances up to £4,000.
Opportunity to maximize savings with cashback rewards and interest earnings.

“The Santander Edge current account offers a great way to earn cashback on everyday expenses and make the most of your savings.”

With its cashback benefits on essential bills, debit card spending, and the added advantage of the Santander Edge saver, the Santander Edge current account is a compelling option for those who want to make their money work harder for them. By optimizing your spending and saving habits, you can enjoy the financial rewards and convenience provided by this feature-rich current account.

Cashback and Interest with the Santander 1|2|3 Current Account

The Santander 1|2|3 Current Account is a popular choice for those looking to take advantage of cashback and interest benefits. With this account, customers can earn up to 3% cashback on selected household bills, including council tax, gas and electricity, and water bills. This means that as you pay your everyday bills, you can also earn money back into your account. It’s a win-win!

In addition to cashback, the Santander 1|2|3 Current Account also offers in-credit interest on balances up to £20,000. Currently, the interest rate stands at 1.75% AER/1.74% gross (variable). This means that not only can you earn cashback on your bills, but you can also grow your savings with competitive interest rates on your account balance.

But that’s not all! With Santander Boosts, customers can access a rewards platform that offers even more cashback, vouchers, discounts, and personalized rewards tailored to individual interests. Whether you love shopping, dining out, or traveling, there are plenty of opportunities to save and earn rewards with Santander Boosts. So why not make the most of your everyday spending?

Cashback and Interest Summary:

Earn up to 3% cashback on selected household bills
In-credit interest on balances up to £20,000
Access to Santander Boosts for additional cashback, vouchers, and discounts

“The Santander 1|2|3 Current Account offers a fantastic combination of cashback and interest benefits. It’s a great way to make your everyday spending work harder for you and maximize your savings. Plus, with Santander Boosts, you can enjoy even more rewards tailored to your interests. It’s a win-win for savvy savers!” – Santander Customer

So, if you’re looking to earn cashback on your household bills, grow your savings with competitive interest rates, and enjoy personalized rewards, the Santander 1|2|3 Current Account could be the perfect choice for you. Open an account today and start making the most of your everyday spending!

Conclusion

Santander Bank offers a range of cashback options through their cashback programs for current account holders. These programs provide customers with the opportunity to earn cashback on their everyday spending, making banking with Santander even more rewarding.

The cashback amount is determined by the Direct Debit payments made to eligible suppliers. It can vary based on the categorization of services offered by these suppliers and the identification numbers used for payment. Customers can benefit from cashback rewards when paying for essential bills, grocery shopping, transport expenses, and more.

To qualify for cashback, customers can switch to Santander current accounts, such as the Santander Edge or 1|2|3 Current Account. By completing the switch using the Current Account Switching Service (CASS) and meeting certain requirements, customers can receive cashback incentives that are paid directly into their qualifying current accounts.

By taking advantage of Santander Bank’s cashback options, customers can enjoy additional financial benefits and rewards. Whether it’s earning cashback on household bills or taking advantage of the cashback benefits offered by specific accounts, Santander Bank provides a variety of cashback opportunities for its customers.

FAQ

Does Santander Bank offer cashback?

Yes, Santander Bank offers a cashback program for its customers. Cashback is paid on Direct Debit payments made to eligible suppliers.

How can I qualify for Santander Boosts?

To qualify for Santander Boosts, you need to have a debit and/or credit card with Santander, be signed up for Online and Mobile Banking, and be 18 years or older. You can register for Boosts through the Santander Mobile Banking app or online banking.

What cashback offers are available for switching to Santander current accounts?

Customers who switch to the Santander Edge, 1|2|3 Current Account, or other eligible current accounts through the Current Account Switching Service (CASS) can receive £200 cashback. The cashback will be paid directly into the qualifying Santander current account within 30 days.

What are the cashback benefits of the Santander Edge current account?

The Santander Edge current account offers 1% cashback (capped at £10 per month) on essential grocery shopping, transport-based debit card spending, and household bills paid via Direct Debit. The account also provides access to the Santander Edge saver, which offers a competitive interest rate on balances up to £4,000.

What cashback and interest benefits are available with the Santander 1|2|3 Current Account?

The Santander 1|2|3 Current Account offers up to 3% cashback on selected household bills, such as council tax, gas and electricity bills, and water bills. The account also provides in-credit interest on balances up to £20,000, currently at a rate of 1.75% AER/1.74% gross (variable). Customers can also access Santander Boosts, a rewards platform offering personalized cashback, vouchers, discounts, and more.