Consumers have until Monday 2 May to take advantage of the current half price offer on the Santander Reward bank account.

The Reward account is open to both new and existing customers that gives an AER of 5% (fixed for a year, when at least £1,000 is paid in every month), 0% interest on the first £100 of any advance agreed overdraft and a package of benefits worth over £460 a year, including; Annual Worldwide family travel insurance (for two adults and up to four children, including winter sports cover), Green Flag motoring assistance (with UK roadside assistance and home call included), identity protection (providing up to £50,000 of legal cover), card loss assistance, key protection and replacement cover, leisure benefits (savings on days out, dining experience and hotel accommodation), and commission free travel money. With the cost of the Reward account coming in at £105 with the half price offer, consumers total potential savings are £355 when the value of the benefits are factored in.

Helen Bierton, Current Account Manager, Santander, said:

“We designed the Reward Bank Account around what customers told us they would want from a packaged account. We have been able to tick all boxes by giving new and existing customers real benefits that they will use, value for money and the added incentive of half price fees – £5 a month for the first three months [after which the fee rises to £10].”

The Santander Reward bank account is available to new and existing customers who will be able to apply in branch, over the phone and online.

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