From today, customers aged between 20 to 25 can get a free four-year Santander Railcard when they open any Santander current account before 30 April 2024.
The Santander Railcard gives card holders a third off train travel across England, Scotland, Wales, and the London Underground when the card is linked to an Oyster card. The average 16-25 Railcard user saves £182 a year with the card, meaning a potential average saving of £728 over the four-year term.
To be eligible for the railcard, a customer must complete an application to open either a new Everyday, Santander Edge, or Santander Edge Up current account before 30 April 2024 and deposit at least £500 into the account by 14 May 2024.
Andrea Melville, Director of Current Accounts, Savings and Business Banking, Santander said: “With the days becoming longer and promises of sunshine just around the corner, we’re all planning to make the most of spring – whether that’s a staycation, a daytrip to somewhere different, or simply taking advantage of longer evenings with friends.
“Not only does the railcard give users a third off train travel to get where they want to go, but paired with our Edge and Edge Up current accounts, customers can also benefit from cashback on their travel, as well as on their everyday spending and household bills.”
A limited number of railcards are available, and the offer may be withdrawn ahead of 30 April, depending on demand. From May 15 2024 onwards, Santander will review which customers have met eligibility, with codes to redeem their Santander Railcard through the railcard website sent by 31 July 2024.
Customers can open an account either online or in branch. Benefits of the eligible current accounts include:
- Santander’s Edge Up Current Account offers customers up to £30 a month from cashback on essential bills and spending, 3.5% AER in credit interest (up to £25,000) on their current account balance, and fee-free spending abroad, for a £5 monthly fee.
- The Santander Edge Current Account offers customers up to £20 a month from cashback on essential bills and spending, a linked 7.00% AER easy access saver, and fee-free spending abroad using the Santander Edge debit card, for a £3 monthly fee.
- The Santander Everyday Current Account offers customers a simple and straightforward current account with no monthly fee. Everyday customers benefit from online and mobile banking to easily manager their account, as well as free cash withdrawals from any Santander cash machine when abroad.
More information about the railcard offer, and Santander’s range of current accounts, is available on the Santander website.
