With the start of the new tax year, Santander UK is offering new and existing Stocks and Shares ISA customers a chance to win £20,000, the equivalent of their ISA allowance for 2023/2024(1).
To qualify for entry into the prize draw new and existing Santander customers(2) must do the following:
- Invest at least £1,000 as a lump sum or through a regular Direct Debit into a Stocks and Shares ISA on the Santander Investment Hub by Friday 26 May 2023
- All monies must be invested in a fund by the closing date of midnight on Friday 26 May 2023
- ISA transfers or re-registrations from other providers will not be eligible for the prize draw
- The winning entry will be selected at random after Monday 26 June 2023 with the winner getting notified by phone and email by 30 June 2023
Anybody looking to open an award-winning Santander Stocks and Shares ISA will benefit from its ease of use, a range of sustainable funds to invest in, as well as Santander Asset Management funds and a wide range of funds from across the market to choose from.
Alexia Kilby, Head of Wealth Propositions at Santander UK said: “With many investors evaluating their savings and investments as we start the new financial year, our Investment Hub not only gives the chance for one lucky customer to win £20,000 tax free, but it also offers a convenient and secure way to manage their investments online in one place. Whether an experienced investor or somebody investing for the first time, the Investment Hub gives you the opportunity to pick your own fund or seek online advice through our Digital Investment Adviser.”
Over a quarter of a million people invest with Santander with some £6.4 billion invested through the Santander Investment Hub. The Santander Stocks and Shares ISA has won Moneyfacts best Stocks and Shares ISA for five consecutive years(3).
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The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions.
Notes to Editors
1. Entry is open to tax residents of United Kingdom who are new or existing, Santander customers, aged 18 years or older, excluding all Santander employees and anyone associated with the draw. The prize is £20,000 (twenty thousand pounds). There are no alternatives to the cash prize and the prize is not transferable.
2. Only one entry into the prize draw can be made per person. Withdrawal of the qualifying investment or closure of the Investment Hub before the prize draw closing date will disqualify a customer from entry to the prize draw.
Full terms and conditions and more information about the Santander Investment Hub can be found here:
https://www.santander.co.uk/personal/savings-and-investments/investments
3. Santander won Best Stocks & Shares ISA Provider the past five years running at the Investment Life & Pensions Moneyfacts Awards, most recently at the 2022 awards announced in September 2022. ILP Award Winners 2022 | moneyfactsgroup.co.uk
4. More information about Santander’s Financial Planning Service: Investment Advice | Speak To An Expert | Santander UK
Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 December 2022, the bank had around 19,000 employees and serves around 14 million active customers, via a nationwide branch network, telephone, mobile and online banking. Santander UK is subject to the full supervision of the FCA and the PRA in the UK. Santander UK plc customers’ eligible deposits are protected by the FSCS in the UK.
Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core markets in the Europe, North America and South America regions, and is one of the largest banks in the world by market capitalization. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. At the end of 2022, Banco Santander had €1.3 trillion in total funds, 160 million customers, 9,000 branches and 206,000 employees.