Santander Bank is offering free four-year railcards to people aged between 20 and 25 who open a new account with the bank.
The railcard gives cardholders a third off train journey across England, Scotland, and Wales, and when the card is linked to an Oyster card, also savings on the London Underground. The cost of the four-year card would be £120, but as the average 16-25 Railcard user saves £182 a year with the card, that’s 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 30th April 2024 and deposit at least £500 into the account by 14th May 2024.
A limited number of railcards are available, and the offer may be withdrawn early, depending on demand. From 15th May 2024 onwards, Santander will review which customers have met eligibility, with codes to redeem their Santander Railcard through the railcard website sent by 31st July 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.”
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