The Cater Allen, James Hay and Cahoot brands remained. Abbey National launched an online bank, Cahoot, in June 2000. The bank launched its online bank, Cahoot, in June 2000. Cahoot is based in Belfast, Northern Ireland. Cahoot has now discontinued all products being available to new customers. On 7 June 2015, Cahoot ceased to pay interest on current account balances. Cahoot also provided current accounts, though it withdrew these from new business in February 2010. Cahoot operates as a division of Santander UK, and shares Santander's banking licence and headquarters. On 6 April 2020, Cahoot will withdraw the interest-free overdraft facility on its current accounts.