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Customers with big banks like Nationwide, Lloyds and NatWest are being alerted to a new £100 offer - but are warned to "watch out" for a crucial detail.

Santander has launched a new current account offer targeting customers with rival banks.

It comes with a £100 Amazon Gift Card but people are warned some of the Santander accounts also have £17 monthly charges attached, so it's worth bearing this in mind when deciding whether to take up the offer.

READ MORE: DWP Christmas Bonus payment eligibility confirmed for 2025

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The Santander deal is much more straightforward for others which require people to close existing accounts.

While an Amazon Gift Card could be ideal coming up to Christmas - but it's a

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