Santander took home prizes in the direct savings account, direct cash ISA, online student banking and national bank branch categories. The bank also won best overall online provider.

Virgin Money won accolades in the online savings account, online cash ISA, direct travel insurance and direct stocks & shares ISA categories. It also bagged the best overall direct provider award.

Now in their 21st year, the YourMoney.com Awards are the longest standing awards in the personal finance industry.

All entrants are subjected to a rigorous judging process based on competitiveness of price and structure. Short-listed firms are then judged by a panel of readers who mystery shop each company and benchmark the quality of service provided in each product area.

Reza Attar-Zadeh, head of customer value proposition at Santander, said: “It’s fantastic to hear that we’ve won a number of awards for our great products once again at the YourMoney.com Awards, recognising not only the great products we offer but also the service customers receive in branch when opening them. And, winning Best Online Student Banking Provider really demonstrates the positive steps we’ve taken to make our student account more digital; helping us meet the needs of this particular group of customers.”

Other big winners on the night included Post Office Money with won four awards, and Lloyds Bank, with three.

Joanna Faith, editor of YourMoney.com, said: “All our winners deserve a big congratulations. This year’s awards were our biggest yet with two new categories and a record number of entries.   Santander and Virgin Money should be particularly applauded for sweeping the board with five awards each. Well done.”

For the full list of winners click here: online and direct

For the full 2018 award winners photo gallery, click here