Get Your Free Railcard! – MoneyMagpie

Vicky Parry

sixteenth Apr 2024

Studying Time: 2 minutes

As of 9 April 2024 clients aged between 20 to 25 can get a free four-year Santander Railcard after they open a Santander present account earlier than 30 April 2024.

The Santander Railcard provides card holders a 3rd off practice journey throughout England, Scotland, Wales, and the London Underground when the cardboard is linked to an Oyster card. The typical 16-25 Railcard consumer saves £182³ a yr with the cardboard, that means a possible common saving of £728 over the four-year time period.

To be eligible for the railcard, a buyer should full an utility to open both a brand new On a regular basis, Santander Edge, or Santander Edge Up present account earlier than 30 April 2024 and deposit at the least £500 into the account by 14 Might 2024.

Andrea Melville, Director of Present Accounts, Financial savings and Enterprise Banking, Santander stated: “With the times turning into longer and guarantees of sunshine simply across the nook, we’re all planning to profit from spring – whether or not that’s a staycation, a daytrip to someplace completely different, or just benefiting from longer evenings with buddies.

“Not solely does the free railcard give customers a 3rd off practice journey to get the place they wish to go, however paired with our Edge and Edge Up present accounts, clients may profit from cashback on their journey, in addition to on their on a regular basis spending and family payments.”

A restricted variety of railcards can be found, and the supply could also be withdrawn forward of 30 April, relying on demand.  From Might 15 2024 onwards, Santander will overview which clients have met eligibility, with codes to redeem their Santander Railcard via the railcard website despatched by 31 July 2024.

Clients can open an account both on-line or in department. Advantages of the eligible present accounts embody:

• Santander’s Edge Up Present Account gives clients as much as £30 a month from cashback on important payments and spending, 3.5% AER in credit score curiosity (as much as £25,000) on their present account stability, and fee-free spending overseas, for a £5 month-to-month charge.
• The Santander Edge Present Account gives clients as much as £20 a month from cashback on important payments and spending, a linked 7.00% AER easy accessibility saver, and fee-free spending overseas utilizing the Santander Edge debit card, for a £3 month-to-month charge.
• The Santander On a regular basis Present Account gives clients a easy and simple present account with no month-to-month charge. On a regular basis clients profit from on-line and cellular banking to simply supervisor their account, in addition to free money withdrawals from any Santander money machine when overseas.

Extra details about the railcard supply, and Santander’s vary of present accounts, is on the market on the Santander web site.