Martin Lewis Urges Young Brits to Secure Free £100 Railcard from Santander

Martin Lewis and his Money Saving Expert team are urging UK residents aged 20 to 25 to act quickly to claim a free four-year 16-25 Railcard worth £100, courtesy of Santander. To be eligible, applicants must deposit at least £50 in a Santander savings account or cash ISA and register for online or mobile banking by the end of May, keeping the minimum balance until at least June 30, 2025. The offer is open to both new and existing customers who haven't previously received a Santander railcard, and the bank will automatically issue a redemption code if the criteria are met. Martin Lewis describes the deal as a 'no-brainer,' given the substantial savings on rail travel, and warns that high demand could cause the offer to end early. He also recommends considering Santander's 1.2% easy-access saver for those only interested in the railcard or exploring higher-interest options like the 4.25% fixed cash ISA or 6% Edge Saver for serious savers. The offer is not restricted to students, making it widely accessible within the age group.