Santander UK customers offered chance to win £1,000 in savings giveaway

Journalist Cristo Foufas scoffs at reports that Treasury officials are ‘begging banks beforehand to try and praise these tax rises.’

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GB NEWS

Joe Sledge

By Joe Sledge


Published: 20/05/2026

- 16:55

Customers must enter the bank's social media competition before May 24 to be in with a chance of winning

Santander customers are being offered the chance to win a £1,000 cash prize through a new giveaway, although anyone hoping to enter will need to act quickly.

The banking giant has launched its "Accelerate Your Savings Free Draw", giving eligible account holders the opportunity to pocket a £1,000 windfall designed to boost their savings.


Customers have until May 24 to submit their entry before the competition closes.

The giveaway is open exclusively to Santander UK savings and current account holders, meaning entrants must already hold an account with the bank to qualify.

Entering the competition is free but requires customers to complete a small number of steps through social media.

Participants must visit the official Santander UK Instagram account, like the competition post, follow the account and comment the word "CANADA" beneath the post.

The bank's promotional message states: "Fancy £1,000 to accelerate your savings?

"To be in with a chance of winning, all you need to do is: Like this post, Follow us on Instagram @santanderuk, Comment 'CANADA' below".

Santander

Santander launches giveaway with deadline just days away

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GETTY

Customers must also meet additional eligibility requirements before being entered into the draw.

Entrants must be aged 18 or over and resident in the UK.

The competition is only open to Santander UK savings and current account customers, excluding anyone without an existing banking relationship with Santander.

Each customer is permitted one entry per social media platform, meaning multiple submissions on the same channel will not increase the chances of winning.

Santander branch

The promotion begins at 9am on the Wednesday before each race week and closes at 11.59pm on the Sunday

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PA

However, Santander confirmed customers can improve their odds by entering through both Instagram and TikTok, with each platform counting as a separate entry into the competition.

Santander said winning entries will be selected on the Monday following the race weekend, with successful participants contacted by private message later that same day.

The bank also confirmed Santander employees and individuals connected to the promotion are excluded from entering the competition.

At least £1,000 will be available in prizes during each race week promotion.

Santander has warned customers to remain alert to fraudsters attempting to exploit the competition through fake social media accounts.

The bank said: "Be cautious of any other accounts messaging you claiming to be Santander, it will be a scam".

Winners will have five calendar days from receiving their notification message to confirm acceptance of the prize.

Anyone who fails to respond within that timeframe will lose their winnings, with Santander selecting another entrant at random instead.

Customers who enter the competition have therefore been advised to regularly check their Instagram direct messages after the closing deadline passes.