What is the interest rate on Santander eSaver account?

On maturity we’ll transfer your account to an Everyday Saver, currently paying 0.10% AER/Gross (variable) for balances of £1+….What is the interest rate?

Tier eSaver – If interest is paid annually eSaver – If interest is paid monthly
£1+ 0.25% 0.25%

What is the interest rate on Santander 123?

Santander UK has announced it will be launching a new 123 Regular e-Saver on Wednesday (6 April 2022) offering customers a fixed rate of 2.5% interest AER/Gross for 12 months1, one of the best regular savings rates from a High Street bank.

Can I have more than one Santander eSaver?

You can only have one Regular eSaver per customer. If you’d like to change your Regular eSaver to the current issue, you’ll need to close your existing Regular eSaver before opening a new one.

How do I close my Santander eSaver account?

You can close the account by: visiting any Santander branch; or calling us on 0800 587 3344; or writing to: Santander Account Closures, PO Box 1109, Bradford BD1 5ZL. If the account is held in a single name the account must be closed in the event of the account holder’s death.

Is Santander a good savings account?

It was also the winner of ISA Provider of the Year at MoneyAge Awards 2017. And more widely, Santander won Most Trusted Mainstream Bank at the Moneywise Customer Services Awards 2017. But for all the plaudits, ultimately the right savings account is the one that best suits your circumstances, and is your choice alone.

Will Santander raise interest rates?

From the beginning of June 2022, all Santander and Alliance & Leicester tracker mortgage products linked to the base rate will increase by 0.25%, including Santander’s Follow-on Rate which will increase to 4.25%.

Will Santander increase interest rates?

Is Santander 123 account any good?

1.5 out of 5 stars. very very bad company. The absence of an Account Summary or Certificate of Interest for the Tax year April 2021-2022 which cannot be found online, is making it impossible for me to complete my UK Tax return with any accuracy.

Will interest rates rise on savings accounts?

The interest you earn on the money you keep in deposit products, including savings accounts, is also increasing. Interest rates on some savings accounts could be as high as 2% by the end of year, according to one expert’s prediction.