The three prize draws will give customers an opportunity to win 150 prizes, with a total prize pool of £30,000.
For each monthly draw, there will be two lots of £1,000 prizes on offer, eight £500 prizes and 40 £100 prizes.
To qualify for automatic entry into the prize draws, new and existing Santander Investment Hub customers need to invest a lump sum of at least £100, or set up a regular monthly direct debit of £20 or more.
Investments can be made in the following ways:
- Directly through the Santander Investment Hub
- Via the Santander Digital Investment Adviser
- Through a Santander Financial Planning Adviser
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Each multiple of £20 invested counts as one entry, with a maximum of 1,000 entries per account.
The promotion is running from today (18 February) to 31 May 2025, with draws set to take place in May, June, and July.
Winners will be contacted directly and have their prize paid into their Santander Cash Only Account within 28 days of accepting the prize.
Gustavo Gallardo Alvarez, head of retail investments and insurance at Santander UK, said: “Our 2025 prize draw is yet another great reminder to not only make the most of your tax-free savings ahead of April’s deadline, but also benefit from a chance to win one of 150 prizes.
“Whether you’re just starting out your investment journey, or growing your portfolio, this extra incentive makes now the perfect time to invest with us and set yourself up for potential long-term gains.”
Earlier this year, the bank insisted that nothing had changed amid reports of a UK exit.
