It pays to switch to a Santander current account

*We will not pay you interest on any amount over £2,500, or on the whole balance if the required monthly credits are not made. After 12 months the rate changes to 1.00% gross/AER (variable) on balances up to £2,500.

£100 offer: You are not eligible for this offer if you currently hold, or have held in the past three months any Santander UK, Alliance & Leicester, cahoot or Cater Allen current accounts. Offer is only open to customers accepted for a Preferred In Credit Rate, Reward, Zero or Premium current accounts. £100 will be paid into your new account within three months of account opening providing you have at least one active direct debit (paid at least once) set up on the account within 11 weeks and have paid in at least £1,000 each month. If you do not have any direct debits to switch you will not receive £100. Limit of one £100 switcher account per person. Offer is limited and may be withdrawn at any time.

Preferred In Credit Rate/Reward/Zero/Premium current account: 4.89% gross/5.00% AER (fixed) for 12 months. Monthly account fees apply to Reward and Premium accounts. Conditions apply. Customers must be 18 or over and living in the UK. AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year. The gross rate is the interest rate we pay before income tax is taken off. Rates may change and we pay interest each month. For details of our fees and interest rates visit www.santander.co.uk or pick up a leaflet at any branch. Rates correct as at 28/06/10.

EAR stands for Effective Annual Rate and represents the yearly cost of an overdraft, which takes into account how often we charge interest to the account, but does not include any other fees and charges. Overdraft depends on your circumstances and you must repay any overdraft when we ask in line with our general Terms and Conditions.