Santander broadens eligibility for ZERO current account

by Gill Montia

Story link: Santander broadens eligibility for ZERO current account

Santander is extending the scope of its much publicised ZERO current account.

The fee-free account was launched in January for those with a Santander mortgage and from 8th March, it will also be available to those holding a Santander investment product, or prepared to set one up.

The bank reckons around 2.5 million customers who already have a mortgage or investment product with Santander, but hold their current account with another bank, are in a position to switch immediately.

The group’s director of retail products UK, Vim Maru, says: “I encourage every one of them to visit a Santander branch, visit us online or call us, to discuss how they can take advantage of our free switching service and start to save money on their banking by moving to the Santander Zero Current Account.”

With words that will disturb competitors Vim Maru adds: “Extending the eligibility to allow many more people access to fee-free banking is another example of our new approach; one based on simplicity: the more business you do with us, the more we will offer you in return.”