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You’ve worked hard for your money, now you need a savings account that works hard for you. With a variable rate of 0.95% gross/AER from £1, includes a variable rate bonus for the first 12 months, which is currently 0.85% gross/AER. Our 50+ savings account could help you build up your funds for the years ahead. Tiered rates apply depending on how much you save. Apply today to open your online savings account.
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50+ Saver bonus rate (variable) with interest paid annually
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| Tier | Gross/AER | |
| £750,000 plus |
2.00% |
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| £500,000 plus |
1.55% |
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| £200,000 plus |
1.10% |
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| £100,000 plus |
1.00% |
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| £1+ |
0.95% |
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Bonus valid for first 12 months after opening of account, after which standard rates apply. All rates above are variable. For more detailed information on rates please click here.
How are payments and withdrawals made?
Deposits can be made online through Santander’s Online Banking service. Withdrawals can be made via Online Banking or ATM with a cash card.
AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year. The gross rate is the interest rate we pay before income tax is taken off.
Rates effective from 1st April 2009.
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