Santander Shareholder Account and Dividend Re-investment Plan
An easy way to increase your holding of Santander shares whilst earning a fantastic rate of 5% gross p.a./AER (variable) on your Santander share dividends
The Santander Shareholder Account and Dividend Re-investment Plan is a great savings option - exclusive to people based in the UK who own Santander shares and hold them through the Santander Nominee Service or the Santander UK Nominee. It offers a variable rate of interest of 5% gross p.a./AER (variable) on deposited Santander share dividends between re-investments.
Why choose the Santander Shareholder Account and Dividend Re-investment Plan?
Why choose the Santander Shareholder Account and Dividend Re-investment Plan?
Acquire more Santander Shares - without paying dealing charges
Option to purchase additional Santander shares – when you open your new Santander Shareholder Account and Re-investment Plan (up to the value of £1000).
High rate – 5% gross p.a./AER (variable) on deposited Santander share dividends.
Quarterly share re-investment – have your dividends paid back into Santander shares on a quarterly basis
No closure or penalty charge – so you can close your account at any time without penalty
Quarterly statements – if Santander shares have been acquired for you
Santander Shareholder Account
Tier
Gross rate p.a./AER (variable)
£1 plus
5.00%
Interest rates are variable. Rates correct as at 1st August 2009. Interest is paid quarterly on accounts opened after 15th June 2009. For more detailed information on rates please visit our rates and fees page.
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. Apply now